regulations

Topping off yesterday's celebration of 50 years of the CFA program, John Rogers, CFA, president and CEO of CFA Institute, took time to speak with Nightly Business Report about the global “crisis of confidence” in the investment profession.

Frédéric Romand discusses the role of dark pools and their relative merits and drawbacks in the context of equity market investing. The importance of transparency and information quality is also addressed, along with efforts to achieve more consistent regulation.

A powerful alternative to traditional credit ratings is the scenario-planning approach developed by Kamal Mustafa, CEO of Invictus Consulting Group.

Economics professors Carmen M. Reinhart and Kenneth S. Rogoff document that the public and private debts of industrialized nations have grown to unprecedented levels relative to their GDPs. They find that a large public debt burden slows macroeconomic growth, even without explicit sovereign debt default.

Yin Toa Lee, CFA, reviews the new global regulatory initiatives and changing accounting standards and their business impacts on Asian financial institutions. He discusses what board, management, and audit committees should be doing today to prepare for such significant changes, including issuing communications to the investor and analyst communities.