Is the race for higher corporate governance standards heating up? On 3 June the Singapore Exchange (SGX) proposed new listing rules that would improve the corporate governance of companies listed in Singapore. The proposed changes would require all primary-listed companies … Read more
Leave a CommentJune 2011
In 2006, CFA Institute teamed with the Business Roundtable Institute for Corporate Ethics to explore the issue of short-termism in our capital markets. The resulting paper, Breaking the Short-term Cycle, evolved out of a series of symposia held during 2005 … Read more
3 CommentsThe jury deliberating the case of Winifred Jiau took little time in convicting the former employee of Primary Global Research, an expert network firm, with providing inside information to investors. This is another victory for the U.S. government in a … Read more
Leave a CommentThese days, the attention of the financial industry, the regulators, the media, and the public at large in Europe is focused on the Greek sovereign debt crisis and the riots in Athens. This is understandable, as a blunt Greek default … Read more
Leave a CommentThis week marks the inaugural meeting of the U.K.’s interim Financial Policy Committee (FPC), a systemic risk oversight committee responsible for upholding the safety and soundness of the financial system. The FPC is charged with steering the conduct of macroprudential … Read more
Leave a CommentWhen Washington policy wonks and Wall Street high-finance geeks get together, it’s no surprise that the discussion quickly devolves into acronyms and esoterica that make often complicated issues even less approachable. So a letter to shareholders by JPMorgan Chase CEO Jamie … Read more
2 CommentsThe Dodd-Frank Act was one of the most ambitious pieces of financial services legislation ever enacted. And nearly one year later, the landmark legislation is plagued by setbacks. On the one hand, these setbacks delay rules that many feel are … Read more
3 CommentsEver since the Reserve Primary Fund “broke the buck” in September 2008, the systemic risk potential of money-market mutual funds (MMFs) has generated enormous interest from around the globe. To “fix” what some have perceived poses serious problems for U.S. … Read more
Leave a CommentIn late May, the Investor Steering Committee (ISC) of the Alternative Investment Management Association (AIMA) published A Guide to Institutional Investors’ Views and Preferences Regarding Hedge Fund Operational Infrastructure. The AIMA Guide compiles the views of prominent institutional investors in … Read more
1 Comment