Mar 5, 2014 | Capital Markets, Letter
The Committee on Capital Markets Regulation today submitted a comment letter to the Federal Reserve critiquing their Proposed Rule “Extensions of Credit by Federal Reserve Banks, 79 Fed. Reg. 615.” The comment letter raises concerns regarding emergency...
Mar 5, 2014 | Financial Stability, Letter
The Committee on Capital Markets Regulation today submitted a comment letter to the IRS critiquing their Proposed Rule entitled “Section 871 (m)-Dividend Equivalents From Sources Within the United States.” The Committee raises concerns that the Proposed...
Feb 18, 2014 | Banking, Statement
On December 10, 2013, the Federal Reserve, SEC, CFTC, FDIC, and OCC jointly adopted the final version of the Volcker Rule, “generally prohibit[ing] banks from engaging in proprietary trading or from acquiring or retaining an ownership interest in, sponsoring, or...
Feb 10, 2014 | Capital Markets, Letter
The Committee on Capital Markets Regulation today submitted a comment letter to the Commodity Futures Trading Commission (CFTC) critiquing their Proposed Rule regarding position limits for derivatives. The Committee raises concerns regarding incomplete data,...
Feb 10, 2014 | Banking, Financial Stability, Report
Professor Hal S. Scott, the Director of the Committee on Capital Markets Regulation (CCMR), today released a paper entitled “Bank Capital for Operational Risk: A Tale of Fragility and Instability.” The paper is co-authored with Mark Ames and Til...
