What Causes CCOs to have Personal Liability?
Recently, the SEC has been having an internal debate regarding holding CCOs personally responsible for a firm’s misconduct. In June,...
What to Make of a Market Meltdown
Since there's been so much activity in the market lately, we've been wondering how it might impact regulators. Here are some thoughts...
Care When Approving Advisory Contracts, The Next Big Issue?
The SEC and media are driving scrutiny on the topic of advisory contracts: looking ahead, this could be the next big issue, with...
Ethical behavior: the standard society aspires to or the one it accepts?
The press and plaintiff’s bar delight in reporting that pervasive ethical problems plague financial services companies. The most recent...
Perspectives on Systemic Risk
On April 8 the International Monetary Fund issued a report, “Navigating Monetary Policy Challenges and Managing Risks”, with a chapter...
Crossing the Street Blindfolded
Thanks to the SEC, we have a snapshot of the countless rules that bank holding companies must comply with. RFG has highlighted a "few"...
Swap Markets Developments in 2015
Changes in the functioning of the swap markets continue to hit the news—and generate controversy. With recent stories focusing on...
SEC’s White Outlines Major Overhaul of Asset Management Risk
Giving an important speech on Thursday, SEC Chair White outlined a potential major overhaul of the way the SEC intends to regulate risks...
Data Privacy in the EU
It is well know that the European Union has stringent cyber-regulation for firms looking to do business within their jurisdiction. The EU...
What's Wrong with Compliance Programs?
Too often investment advisers have compliance programs that are narrowly focused on requirements triggered by registration, whether at...