Nov 21, 2019 | Banking, Capital Markets, Report
In June 2018, the Committee on Capital Markets Regulation (the “Committee”) released a report, Rationalizing Enforcement in the U.S. Financial System (the “Enforcement Report”), which included nineteen recommendations for regulators to improve enforcement efforts for...
Oct 23, 2019 | Capital Markets, Letter
On October 22, the Committee submitted a second comment letter to the Securities and Exchange Commission (the “SEC”) regarding the amended proposal by the Financial Industry Regulatory Authority, Inc. (“FINRA”) to establish a new issue reference service for corporate...
Sep 19, 2019 | Capital Markets, Letter
On September 19, the Committee submitted a comment letter to the Securities and Exchange Commission (the “SEC”) on its concept release on harmonization of securities offering exemptions (the “Concept Release”). The Committee previously released a report in November...
Sep 11, 2019 | Capital Markets, Report
For over 300 years, financial transaction taxes (“FTTs”) have been proposed, discussed, and implemented in various forms across global financial markets.1 And for over 300 years, FTTs have been a failure wherever imposed, frequently failing to raise the promised...
Aug 27, 2019 | Capital Markets, Op-Ed
By Hal S. Scott Originally published by the Financial Times on August 27, 2019 Despite all the attention that is paid to the ups and downs of the big stock indices, private markets are where much of the action is. Last year, companies in the US received twice as much...
