Compensating victims of bankrupted financial institutions: a law and economic...
AbstractPurpose â The purpose of this paper is to understand the incentive effects of existing compensation mechanisms in case of the bankruptcy of a financial institution....
View ArticleCo-operative and competitive enforced self regulation: The role of...
AbstractPurpose â The primary purpose of the paper is to demonstrate how corporate responsibility and accountability could be fostered through monitoring and the involvement of governments in the...
View ArticleDiscontinued German life insurance portfolios: rules-in-use, interest rate...
AbstractPurpose â This paper seeks to provide an overview on potential impacts German primary life insurers are exposed to in relation to upcoming Solvency II regulation and potential strategic...
View ArticleCause v. consequence-based regulation: Basel III v. the Eurocodes
AbstractPurpose â The purpose of this paper is to compare two opposite approaches chosen to regulate an industry. Design/methodology/approach â The approach is based on studying the two selected...
View ArticleEthical and socially responsible investment funds: Are they ethically and...
AbstractPurpose â The purpose of this paper is to evaluate the marketing of ethical and socially responsible investment (ESRI) funds to retail investors and to analysis the plausibility of the claims...
View ArticleSummary of selected FINRA Regulatory Notices October-December 2010
AbstractPurpose â The purpose of this summary is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices and Disciplinary Actions issued in October,...
View ArticleSEC approves sweeping changes to FINRA's regulatory reporting rules
AbstractPurpose â This paper seeks to explain Financial Industry Regulatory Authority (âFINRAâ) Rule 4530, which requires members to report to FINRA certain internal and external findings of...
View ArticleSEC approves rule banning ânaked accessâ to trading centers
AbstractPurpose â This paper sets out to explain the new Securities and Exchange Commission Rule 15c3-5, which will require broker-dealers to adopt and implement risk controls to govern their...
View ArticleSEC issues guidance to boards reviewing certain affiliated transactions
AbstractPurpose â This paper seeks to explain recently published guidance from the Securities and Exchange Commission clarifying the responsibilities of mutual fund directors when they make the...
View ArticlePWG issues report on money market fund reform options
AbstractPurpose â This paper seeks to explain the possible options detailed in the âMoney Market Reform Optionsâ report released by the President's Working Group on Financial Markets on October...
View ArticleRegulatory change for financial institutions: crossing the ocean in an open boat
AbstractPurpose â This paper aims to draw some overall conclusions and suggest a general approach financial institutions might take in response to all the different countries' recent financial reform...
View ArticleCommodities tax compliance challenges: Dodd-Frank and beyond
AbstractPurpose â The purpose of this paper is to highlight the continuing diligence required of the tax compliance function of any investment vehicle that holds commodities contracts. In addition to...
View ArticleElectronic trading agreements
AbstractPurpose â This paper aims to analyze various issues a hedge fund manager should consider prior to executing any electronic trading agreement with a prime broker. Design/methodology/approach...
View ArticleFINRA IPO Allocation Rule; investment funds must now consider compliance
AbstractPurpose â The purpose of this paper is to describe the Financial Industry Regulatory Authority's new rule for IPO allocation and the requirements for compliance with the rule....
View ArticleCorporate ownership interests hidden through cash-settled equity derivatives:...
AbstractPurpose â This paper seeks to analyze the impact on companies' governance of corporate ownership interests hidden through cash-settled equity derivatives. Design/methodology/approach â The...
View ArticleCompetitive forces and cost-based analysis in SEC review of SRO market data...
AbstractPurpose â This paper aims to analyze and discuss the implications of the August 2010 decision of the D.C. Circuit Court of Appeals vacating and remanding to the SEC its December 2008 order...
View ArticleIntellectual property regime and the global financial crisis: lessons from...
AbstractPurpose â This paper aims to point out the vital role an effective regulatory regime can play in any sector of a nation's economy. Design/methodology/approach â The paper uses the...
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