Kurt Schacht, JD, CFA, is managing director of the Standards and Financial Market Integrity division at CFA Institute, where he oversees all advocacy efforts and the development, maintenance, and promotion of the highest ethical standards of practice for the global investment management industry.
CFA Institute takes important step to further “globalize” the Systemic Risk Council with the appointment of Sir Paul Tucker.
It's time to remove ambiguity around “personal investment advice” while permitting different business and service models.
Recent reports suggest that the private equity industry has been playing games with the fees they get from portfolio companies.
JPMorgan’s FERC settlement renews debate over trust and ethics in finance and the ineffectiveness of regulatory “hand-slaps.”
Does the SAC scandal represent a Wall Street tipping point in which there are serious business consequences to bad behavior and investors are no longer willing to let things slide?
Recognizing that the old way of regulating the financial industry is no longer working, the revered financial titan is charting a new course with the “Volcker Alliance.”
In the second part of a month-long series exploring key systemic risk issues from the perspective of Paul Volcker and Sir John Vickers, we take a closer look at their views on progress in fixing regulatory gaps.
Between British economist Sir John Vickers and former Federal Reserve Chair Paul Volcker, few people are more synonymous with the current debate over structural reforms of banks and reining in systemic risk. How do their approaches to reform differ?