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8 Jan 2012, 12:35 pm by James Hamilton
In particular, ESMA aims to deliver more transparency for investors by requiring funds to disclose in their prospectuses the fact that they make use of securities lending, and setting out some specific rules on the disclosure of collateral and its quality.Finally, the Chair emphasized that the packaged retail investment products (PRIPs) initiative remains a central piece of work in terms of investor protection. [read post]
2 Jan 2012, 11:22 am
This will require the companies to increase fees on new mortgages by an average of 10 basis points, or .1 percentage point, effective April 1, to comply with the law. [read post]
30 Dec 2011, 8:30 am by admin
[Concluded from yesterday's  Part 2 and the preceding  Part 1.] [read post]
29 Dec 2011, 6:46 am by Todd Zywicki
 He offers a few corrections and elaborations to some of my observations: 1. [read post]
28 Dec 2011, 10:52 am by Venkat
Trade Secrets: The trade secret claim had a fatal weakness in that it was premised on information that obviously was not a trade secret: (1) the AT&T account information, and (2) the identities of clients and instructors. [read post]
27 Dec 2011, 12:35 pm
New York Attorney General Eric Schneiderman has stepped in and stopped a settlement of Countrywide's fraud in selling mortgage-backed securities it knew were bad. [read post]
27 Dec 2011, 12:00 am by RegBlog
 A number of critics have posed this question to the Financial Industry Regulatory Authority (FINRA), the country’s largest independent securities regulator which oversees over 4,500 financial brokerage and securities firms. [read post]
24 Dec 2011, 9:25 am
 (1-A) Where the Court grants an interim order under sub-section (1), it shall forthwith cause a notice being not less than seven days notice, together with a copy of such order to be served on the Public Prosecutor and the Superintendent of Police, with a view to give the Public Prosecutor a reasonable opportunity of being heard when the application shall be finally heard by the Court. [read post]
20 Dec 2011, 5:07 pm by James Hamilton
They both apply to the aggregate net credit exposure between the covered company and the counterparty.Credit exposure to a company is defined broadly in Section 165(e) of Dodd-Frank to cover all extensions of credit to the company; all repurchase and reverse repurchase agreements, and securities borrowing and lending transactions, with the company as well as all investments in securities issued by the company and counterparty credit exposure to the company in connection… [read post]
19 Dec 2011, 4:00 am by Terry Hart
I also noted that before the First Amendment was ratified, a majority of the 13 original US states had passed copyright laws after providing for the freedom of the press, lending strength to the argument that the Framers conceived the two as wholly consistent. [read post]
14 Dec 2011, 2:46 pm by Jennings, Strouss & Salmon
This guidance highlights legal, safety and soundness, and community impact considerations.1 It primarily focuses on residential foreclosed properties, but many of the same principles apply to commercial properties. [read post]
13 Dec 2011, 11:02 pm by Mandelman
” I can’t believe I have to do this but please stay with me. 1. [read post]