This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – September 10, 2011 – September 16, 2011.
Tag Archives: Volcker Rule
Questions Arise About UBS Risk Controls
Questions Arise About UBS Risk Controls Alistair MacDonald and Deborah Ball (WSJ – subscription required) September 16, 2011 “Risk-management and control specialists are again questioning the banking industry’s ability to manage risks and regulator’s efforts to police the sector after a UBS AG trader lost
Global Standards Sought on Rules
Global Standards Sought on Rules Victoria McGrane (WSJ – subscription required) September 16, 2011 “Treasury Secretary Timothy Geithner in a letter Wednesday assured Congress that the Obama administration and federal regulators are working with their international counterparts to see they adopt similar rules requiring market
Delta One Desks Are Big Moneymakers
Delta One Desks Are Big Moneymakers Susanne Craig and Azam Ahmed (DealBook/NYT) September 15, 2011 “The $2 billion trading loss that has rocked the Swiss banking giant UBS has also cast a spotlight on a relatively unknown but increasingly profitable corner of Wall Street —
AFR comment to SEC re “Franken Amendment” on Credit Rating Agencies
Click here to view AFR’s comment letter to the SEC regarding the study on assigned credit ratings for structured finance products mandated by section 939F (Franken Amendment) of Dodd-Frank. We said it is vitally important that the Commission explore more sweeping reforms designed to directly
Swap Lobbyists Pushing SEC Version of Trading Rules Over CFTC
Swap Lobbyists Pushing SEC Version of Trading Rules Over CFTC Jesse Hamilton and Silla Brush (Bloomberg) September 9, 2011 “In a match made in Congress, the Securities and Exchange Commission and Commodity Futures Trading Commission are supposed to work in tandem to oversee the $601
Federal Reserve Letter to Capital One Financial Corp
Click here to view an August 29 letter from the Federal Reserve asking Capital One Financial Corp. where businesses overlap and what their market share is in these areas.
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – September 3, 2011 – September 9, 2011.
AFR’s Comment to Financial Stability Board on International Resolution
AFR commented on the FSB’s proposed principles on coordination of bank resolution authority. The comment called on regulators to prioritize reducing the complexity of international financial institutions, rather than simply attempting to manage such complexity.
Press Coverage from Credit Ratings Agencies Briefing Call
Franken Pursues Tighter Oversight of Rating Agencies Ben Protess (Dealbook/NYT) September 1, 2011 “The Dodd-Frank Act cracked down on the credit rating agencies, the firms that awarded rosy ratings to bonds backed by junky mortgages, but some lawmakers and consumer advocates contend that the regulatory