As reported by Jean Eaglesham in the Wall Street Journal, the fight over Dodd-Frank is shifting to the courts as business groups weigh lawsuits aimed at blocking parts of the sweeping financial reform law.
Leave a CommentJuly 2011
One year after Congress ordered a crackdown on the opaque derivatives market as part of the sweeping Dodd-Frank Act, the road to reform has been a bumpy one. From protests from the banking industry, special interest groups, and members of … Read more
Leave a CommentMuch of the focus in this year’s global proxy season has been on the advisory vote on pay —more colloquially known as “say on pay” — in the United States. With thousands of companies facing a vote on executive pay … Read more
Leave a CommentThough arguably the weightiest potential corporate governance change in decades, a U.S. appeals court’s Friday ruling striking down the SEC’s proxy access rule seemed to get lost in the sweltering weekend heat wave and in the highly publicized debt-ceiling debate. … Read more
2 CommentsTradition in many western countries has it that paper is the customary gift for the first wedding anniversary. Arguably the product of a shotgun wedding, Dodd-Frank now crawls to its one-year anniversary as the financial reform law of the land … Read more
Leave a CommentOn 7 July the U.S. SEC sponsored a series of roundtables designed to help determine whether incorporating International Financial Reporting Standards (IFRS) into the U.S. financial reporting system is in the best interest of U.S. investors and markets. Commentators’ coverage … Read more
2 CommentsHigh-frequency trading has been back in the news and amongst the thoughts of policymakers over the past weeks, with the publication of a speech by Bank of England Executive Director Andrew Haldane on the ‘Race to Zero’ and the publication … Read more
Leave a CommentSeveral years ago, when then-Chairman of the U.S. Securities and Exchange Commission Christopher Cox advocated for the required tagging of financial disclosures by U.S. companies, both large and small investors were perceived as the main beneficiaries. That’s because the envisioned … Read more
Leave a CommentThe article by Rolfe Winkler in the 29 June edition of the Wall Street Journal stirs unpleasant memories for those of us in the analyst profession. In what Winkler characterizes as “walking through Chinese walls,” he laments the link between … Read more
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