Tag:
proposal
Latest Headlines
Latest Headlines
Regulators issue proposal on Volcker Rule
So what should we make of the Federal Reserve's long-awaited proposed Volcker Rule, among the most controversial aspects of Dodd-Frank?
The debate in many ways is just starting, now that a proposal been put forth, one that includes more than 350 questions that regulators want comments on. The
Taxes on carried interest to finally rise?
We noted recently that hedge funds ( hedge fund news) and private equity ( private equity news) funds seemed to be dodging some regulatory reform bullets , as the spotlight was hot on Goldman Sachs ( NYSE: GS ) and other big dealers for their derivatives practices. But there appears to
The fate of the consumer protection agency
You probably know that the much discussed consumer protection agency idea is impeding progress on a host of Wall Street reform methods. Aiming to get things moving in the Senate, this idea has cropped up: Housing such an agency within the Fed but giving it enough autonomy to write the appropriate
SEC to give shareholders more say over directors?
Is the time ripe for some big reforms that would give shareholders more power to nominate and ultimately vote in new corporate directors? Corporate boards have fared poorly in the court of public opinion as of late. The best example of that may be the Bank of America shareholder vote that stripped
Will hedge fund charters become a reality?
Most people think that Congress may take a stab at hedge fund regulation next year. Treasury Secretary Henry Paulson has floated an interesting idea: Requiring hedge funds to have a charter that would allow for more oversight. Hedge funds would be required to disclose details to a new Conduct of B
Icahn now main player in Microsoft-Yahoo drama
The key man in the still unfolding Microsoft-Yahoo pas de deux is not Steve Ballmer, not Jerry Yang, or even Eric Schmidt. It's investor activist Carl Icahn. The New York Times notes that while he has proposed an all-new slate of directors, he really does not want to jump onto the board. What
Did Blankfein earn his $74 million?
As part of its package on CEO pay in 2007, Forbes offers up a profile of Goldman Sachs CEO Lloyd Blankfein--the $74 million dollar man. The piece notes that after it became known that Goldman Sachs  paid him nearly $315,000 each working day in 2007, shareholders decided to put up a fight.
Morgan Stanley board supports Mack as chairman
It's in vogue these days for boards to split the CEO and chairman jobs in the name of good corporate governance. You would think it would be an easy sell at Morgan Stanley , where John Mack holds both titles. Well, we're going to find out. As you know, CtW Investment Group, an organization rep
How to fix the bond insurers
Do you remember when Eliot Spitzer, governor of New York and no stranger to the financial industry, gave the bond insurance industry five days to get its act together, even as he lobbies for a government bailout of these companies? Well, time's almost up. There are signs that some companies are r
California to take on hedge funds?
Investment Dealers' Digest reports that California has proposed a rule requiring hedge funds with $25 million or more in assets and fewer than 15 clients to register with the state. Comments are being accepted on the proposal until Nov. 26. This is the kind of move that will not go over well
