Tag:
Regulatory Bodies
Latest Headlines
Latest Headlines
Global bailout fund a nonstarter?
We note recently that some people are now in favor of a global bailout fund that would rescue large multinational banks when they run into trouble. The idea was floated at Davos and a few large European banks--Deutsche Bank and Barclays--surprisingly bought into the idea.
But Breakingview s
XBRL a global event?
A lot of companies are gearing up to report in XBRL. We tend to see the new format as a burden (or opportunity) unique to the United States, but as the OpenWeb Developer's Journal notes, XBRL is
New worry about the CDS market: Insider trading
We've gotten used to illegal insider trading cases related to stocks. The SEC may have potentially opened up a whole new frontier when it brought its first insider trading cases alleging the passing of confidential information that led to a big gain in the credit default swaps market. The SEC char
The long-term fix for financial crises
Every financial crash is followed by a relatively short period of regulatory soul-searching on Wall Street that gives rise to new proposals. This time around, reform sounds like a good idea. The industry's financial sophistication has gotten ahead of the regulatory bodies in a lot of ways. The man
