Tag:
Rules & Regulations
Latest Headlines
Latest Headlines
Banks take at aim at Dodd-Frank through government agencies
We all knew that the passage of Dodd-Frank, though regarded as historic by the media, left a lot of big issues undecided. The SEC in particular was left a wide array of administrative and rulemaking tasks. Dodd-Frank weighs in at more than 2,300 pages (compared with 66 pages for Sarbox), includes
Private equity tax hike proposal fizzles
I had been predicting that the much-feared hike on private equity gains would never really materialize. And I was right, not to sound too cocky. According to the Washington Post , private-equity firms have been informed that a tax-hike proposal will not get through the Senate this year. So the
Reg NMS weathers the storm
It did not get a lot of attention with the credit crunch dominating the news, but the phase-one launch of Regulations NMS has gone well, according to this article from Financial News Online . One guy likened it to Y2K. For many companies, the preparation has really paid off. That the launc
Banks new worry: Elder abuse
Consumer banks are facing more concerns and irate politicians when it comes to the tricky issue of elder abuse. About 20 states have imposed new laws holding banks accountable for willfully ignoring evidence of financial abuse of elderly clients, according to U.S. Banker . This is an issue that
Merrill loses arbitration brought by Iranian broker
In a rare arbitration award explanation, one that spanned eight pages, a panel took pains to note the reasons behind the $1.6 million award ($1.2 million of which was for punitive reasons) it
Blackstone's big tax break on its IPO
More fodder for those who would hike taxes on private equity firms : The New
The real likelihood of higher taxes on rate hikes
The private equity industry is certainly mobilizing. Their footprint is being felt in Washington, as evidenced by
The big losers in Bear Stearns hedge fund fiasco?
Business Week Online notes some of the losers in the near-meltdown of the Bear Stearns
Henry Kravis, lobbyist
The halls and stuffy offices of Capitol Hill are not familiar terrain for Henry Kravis. But The New York Times reports that he went to Washington this week for some good
Still time to comment on new communication rules
Electronic communications are a big deal at Wall Street firms these days. With so many people Blackberrying,
