The Role of Accounting in the Financial Crisis
Editor's Note: The following post comes to us from S.P. Kothari and Rebecca Lester, both of the Department of Economics, Finance, and Accounting at MIT. In our paper, The Role of Accounting in the...
View ArticleSkin in the Game and Moral Hazard
Editor's Note: The following post comes to us from Gilles Chemla, Professor of Finance at the Imperial College Business School, and Christopher Hennessy, Professor of Finance at the London Business...
View ArticleOut of the Shadows and Into the Light
Editor's Note: The following post comes to us from Jeremy Jennings-Mares, partner in the Capital Markets practice at Morrison & Foerster LLP, and is based on a Morrison & Foerster bulletin by...
View ArticleAgencies Re-Propose Rule Implementing Risk Retention Requirements of...
Editor's Note: The following post comes to us from Eric R. Fischer, partner in the Business Law Department at Goodwin Procter LLP, and is based on a Goodwin Procter Financial Services Alert by William...
View ArticleAgencies Propose Revised Risk Retention Rule
Editor's Note: The following post comes to us from Susan M. Curtis, partner and co-head of the Structured Finance Group at Skadden, Arps, Slate, Meagher & Flom LLP, and is based on a Skadden...
View ArticleStatement Regarding Joint Rule Reproposal Concerning Credit Risk Retention
Editor's Note: Michael S. Piwowar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Piwowar’s statement regarding the SEC’s joint rule reproposal...
View ArticleRegulatory Agencies Re-Propose Risk-Retention Rules for Securitizations
Editor's Note: The following post comes to us from Anthony R.G. Nolan, partner in the Finance practice at K&L Gates LLP, and is based on a K&L Gates publication by Mr. Nolan, Sean P. Mahoney,...
View ArticleThe Volcker Rule: A First Look at Key Changes
Editor's Note: The following post comes to us from Skadden, Arps, Slate, Meagher & Flom LLP, and is based on a Skadden memorandum. On December 10, 2013, five U.S. financial regulators (the...
View ArticleThe SEC in 2014
Editor's Note: Mary Jo White is Chair of the U.S. Securities and Exchange Commission. This post is based on Chair White’s remarks to the 41st Annual Securities Regulation Institute Conference; the full...
View ArticleWho Knew that CLOs were Hedge Funds?
Editor's Note: Margaret E. Tahyar is a partner in the Financial Institutions Group at Davis Polk & Wardwell LLP. The following post is based on a Davis Polk client memorandum. U.S. financial...
View ArticleVolcker Rule: Observations on Interagency FAQs, OCC Interim Examination...
Editor's Note: Margaret E. Tahyar is a partner in the Financial Institutions Group at Davis Polk & Wardwell LLP. The following post is based on a Davis Polk client memorandum. More than six months...
View ArticleThe Hidden Costs and Underpinnings of Debt Market Liquidity
Editor's Note: The following post comes to us from Amar Bhidé, Thomas Schmidheiny Professor at The Fletcher School. Even as rabble rousers rail against financiers, the powers that be prize the breadth...
View ArticleStatement on Asset-Backed Securities and Credit Rating Agencies
Editor's Note: Mary Jo White is Chair of the U.S. Securities and Exchange Commission. The following post is based on Chair White’s remarks at a recent open meeting of the SEC, available here and here....
View ArticleCorrecting Some of the Flaws in the ABS Market
Editor's Note: Luis A. Aguilar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Aguilar’s remarks at a recent open meeting of the SEC; the full text,...
View ArticleSEC Adopts Long Awaited Rules for Asset-Backed Securities
Editor's Note: Theodore N. Mirvis is a partner in the Litigation Department at Wachtell, Lipton, Rosen & Katz. The following post is based on a Wachtell Lipton memorandum by Mr. Mirvis, Carrie M....
View ArticleStatement on Credit Risk Retention
Editor's Note: Mary Jo White is Chair of the U.S. Securities and Exchange Commission. The following post is based on Chair White’s remarks at a recent open meeting of the SEC, available here. The views...
View ArticleTen Key Points from the Final Risk Retention Rule
Editor's Note: The following post comes to us from PricewaterhouseCoopers LLP and is based on a PwC publication by Christopher Merchant, Frank Serravalli, and Daniel Sullivan. This week six federal...
View ArticleA Closer Look at US Credit Risk Retention Rules
Editor's Note: David M. Lynn is a partner and co-chair of the Corporate Finance practice at Morrison & Foerster LLP. The following post is based on a Morrison & Foerster publication by Jerry...
View ArticleRegulators Working Together to Serve Investors
Editor's Note: Luis A. Aguilar is a Commissioner at the U.S. Securities and Exchange Commission. This post is based on Commissioner Aguilar’s recent remarks at the North American Securities...
View ArticleNY Court: RMBS Statute of Limitations Runs from Time of Securitization
Editor's Note: Theodore N. Mirvis is a partner in the Litigation Department at Wachtell, Lipton, Rosen & Katz. The following post is based on a Wachtell Lipton memorandum by Mr. Mirvis, George T....
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