Kurt Schacht, JD, CFA, is the Senior Head, Advocacy Advisor, Capital Markets Policy at CFA Institute, where he oversees advocacy efforts and the development, maintenance, and promotion of the highest ethical standards of practice for the global investment management industry.
A rumor is circulating that the longstanding practice of searching for and gathering individual pieces of nonpublic data to create a fuller research picture of a particular investment opportunity is somehow, well, inappropriate or far… READ MORE ›
The now highly-visible insider trading probe on Wall Street is shining a harsh spotlight on “expert networks.” Relatively new to the investment research landscape, these networks offer access to experts across various industry sectors — medicine, biotech, technology, and… READ MORE ›
They are at it once again — banks and other financial firms trying to punch as many holes as possible in the new Dodd-Frank rules relating to oversight of the derivatives market.
Over-the-counter (OTC) derivatives, or… READ MORE ›
Even the Canadians now have joined in on the bashing of the world’s best known proxy consultant — ISS — in response to the proxy adviser panning a recent merger proposal of two gold companies… READ MORE ›
Get out your pom poms — a cheer for the U.S. Securities and Exchange Commission (SEC) is in order. The agency has had multiple detractors in response to some recent goofs (Madoff, Stanford… READ MORE ›
Beginning back in the 1980s, Dana Carvey played a character named Enid Strict, otherwise known as “The Church Lady,” on the comedy show “Saturday Night Live.” Enid is best remembered for her signature line, “Isn’t that special?” It is… READ MORE ›
We are in the midst of one of the most acrimonious debates over accounting rules in decades. What is at stake is whether banks will have to value their loan portfolios and report the results… READ MORE ›
Did you catch the reports on U.S. SEC settlements with former Countrywide chief Angelo Mozilo? It was the single biggest regulatory recovery from an individual ever, according to reports. A close examination of these reports reveals two things…. READ MORE ›
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