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Wysłany: Pon 18:44, 02 Wrz 2013 Temat postu: Closing Bell Update for February 7 |
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Closing Bell Update for February 7,[link widoczny dla zalogowanych]
(Editor Note: This week is going to be a bit touch-and-go for me,[link widoczny dla zalogowanych], schedule-wise,[link widoczny dla zalogowanych], so I apologize in advance if my postings are a bit intermittent. I promise to pick up the slack soon.)
A new tax might be necessary to fund the implementation of Dodd-Frank [Securities Tech Monitor]
The FDIC (and other regulators,[link widoczny dla zalogowanych], apparently) will propose that at least half of Wall Street executives bonuses be deferred for at least three years [Reuters]
SEC Commisssioner Luis Aguilar wants stiffer sanctions for securities law violations [Reuters]
NASDAQ computers got hacked [Securities Law Prof]
Now that the distinction between investment advisers and broker-dealers is likely to become less important,[link widoczny dla zalogowanych], the Tenth Circuit has finally decided to issue an opinion interpreting the broker-dealer exception to the definition of investment adviser [Securities Law Prof] [Tenth Circuit]
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Closing Bell Update for February 4,[link widoczny dla zalogowanych], 2011 Thank god it's Friday! It was a busy Friday at that,[link widoczny dla zalogowanych], so here's the rundown: Not content to just deal with Dodd-Frank,[link widoczny dla zalogowanych], the SEC is contemplating regulatory changes in response to last May's "flash crash," and may also revamp its capital market offering rules [Reuters] The CFTC may stagger the implementation dates for its swap market rules,[link widoczny dla zalogowanych], but it can no longer afford coach tickets [BBG] SEC Commissioner Kathleen Casey thinks the SEC is a bit rushed in implementing Dodd-Frank [BBG] The SEC's new "pay-for-play" rules may hurt the presidential ambitions of Govs. Morgan may have thought that something fishy was going on with Bernie Madoff long before the fish began to really stink (sorry,[link widoczny dla zalogowanych], I took that euphemism too far) [NYT]
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Closing Bell Update for February 8,[link widoczny dla zalogowanych], 2011 Even though FINRA's president previously explained that he didn't think a broker fiduciary standard was coming before mid-2012,[link widoczny dla zalogowanych], FINRA is now telling brokers to "gear up" for such duties [Reuters] The Democratic-controlled Senate Banking Committee is going to put up a fight against the Republican-controlled House Financial Services Committee's efforts to dismantle Dodd-Frank,[link widoczny dla zalogowanych], or at the very least, they wrote a memo about it [Yahoo News] The FDIC is going to start shifting larger shares of its assessments to larger banks [BusinessWeek] Wall Street (or,[link widoczny dla zalogowanych], at least,[link widoczny dla zalogowanych], its lawyers) is coming down on the side of the SEC in the battle over its budget [NYT Dealbook] The Federal Reserve proposed new rules to determine whether an entity is systemically important and whether it is predominantly engaged in financial activities [WSJ] The SEC charged a hedge fund and four of its employees with insider trading [BG]
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