From the JOBS Act and Goldman’s change in board structure to short-termism and “say-on-pay” developments, the U.K. and U.S. dominated corporate governance headlines in the month of March. Read more
Leave a CommentMarch 2012
The Australian Securities Exchange (ASX) is piloting a one-year program to fund research for firms that may not otherwise attract attention from traditional research outlets. In response to this growing trend, Glenn Doggett, CFA, discusses the importance of objective, independent research. Read more
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While a federal appeals court recently rebuffed a judge’s ruling to toss out a controversial fraud settlement with Citigroup, it has reignited a debate over the SEC’s settlement authority. Read more
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XBRL Challenge winners build inventive and useful applications leveraging XBRL-formatted data to provide investors with better information for investment decisions. Read more
Leave a CommentAgnès Le Thiec, CFA, reflects on the results of the CFA Institute member poll on Eurobonds, including the optimal structure and necessary pre-conditions that would appeal to investors. Read more
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Sure, like everyone (eventually) I’m getting up there in age, having had another “anniversary” of my 26th birthday not long ago. But one doesn’t have to be that old to remember the disaster at the end of the tech and telecom bubble in 2000 when millions lost boatloads of money on hot stocks that sell-side analysts hyped publicly and disparaged privately. Yet that appears to be the road a willfully blind Congress seems bound and determined to take us down again with the Jumpstart Our Business Startups (JOBS) Act. Read more
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The ripple effect of the potential mis-pricing of LIBOR is huge, ranging from complex swaps and derivatives traded among sophisticated investors to residential mortgages sold to ordinary households. Read more
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In an op-ed in the “New York Times,” former Goldman exec Greg Smith penned a scathing indictment of what he claimed was an eroding culture of integrity at his old firm. Jon Stokes examines the impact on the investment profession as a whole. Read more
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