While Cyprus political leaders hash out the details of the latest proposal to bail out the country’s financial institutions, multinationals with interests in the island nation may wonder if the time has come to seek higher ground. It’s a valid question, write Pavlos Aristodemou and Peter Tarn of law firm Harney Westwood & Riegels, but… Read more »
From Bloomberg Law, a discussion with Tangent Capital Partners’ Chris Whalen and Fusion IQ’s Barry Ritholtz – “two of the brightest guys in the business” according to host Lee Pacchia – on the subject of reform in the multi-trillion dollar derivatives market. The money quotes (and there are many): “[The derivatives market] is not just… Read more »
“The FSOC’s proposals also set the stage for fresh tension between a vocal group of regulators, who feel that despite limited reforms in 2010, money market funds are still vulnerable to havoc-wreaking asset runs, and the fund industry, which has devoted significant public-relations efforts to arguing that reform would harm investors by making money market… Read more »
Financial reform is a hot issue in this year’s presidential race (no surprise, of course) – but while the candidates duke it out on the finer points of how they would handle matters, Dodd-Frank marches on. The latest? Regulations on the independence of compensation committees at companies listed on the nation’s two largest stock exchanges.… Read more »
“MR. LEHRER: You want to repeal Dodd-Frank? MR. ROMNEY: Well, I would repeal it and replace it.” (New York Times) The Dodd–Frank Wall Street Reform and Consumer Protection Act, both criticized and praised by Republican presidential candidate Mitt Romney in last night’s inaugural presidential debate, was passed in 2010 purportedly to end the practices that… Read more »
[Link: Greece's Lawyer: EU Bailout Will Cost Trillion Euros & Cyprus Is Next - Bloomberg Law] Here’s a quick look at what law firms on JD Supra have been writing recently about the Eurozone debt and banking crisis. For your reference: The Euro Odyssey: An Epic Journey or a Greek Tragedy in the Making? (Morrison… Read more »
