What To Expect From The SEC In 2013

SEC logo

       On February 21, the  Securities Exchange and Commission (the "SEC")    published its examination priorities for 2013 and shed some light as to what to expect from the SEC in 2013.Carlo V. di Florio, Director of the SEC’s Office of Compliance Inspections and Examinations, stated that the purpose of the 2013 priorities were to “promote compliance and communicate with investors and our registrants about areas that we perceive to … [Read more...]

Obama Or Romney: Dodd-Frank Is Here To Stay….But Attitude Will Change

Obama vs. Romney_Dodd-Frank

The pending presidential election has led to a lot of speculation about the future of securities regulation.   But whether President Barack Obama is re-elected or if Mitt Romney wins the White House, Dodd-Frank is here to stay. In the event that President Barack Obama gets a second term, the Dodd Frank reform measure will most likely continue on its slow track of implementation; albeit the financial industry will continue to push back … [Read more...]

Will “too big to manage” banks be broken up?

The announcement of JPMorgan’s trading loss of more than $2 billion has renewed a call for more stringent oversight of Wall Street banks.     It inspired arguments that some global banks are “too big to manage.”   Besides the U.S. regulators struggling to oversee how big banks operate, JPMorgan’s executive team also seemed to face similar challenges.    Was it really a well-intended risk management or hedging that went … [Read more...]