Nov 1, 2012 | Banking, Statement
WASHINGTON, November 1, 2012—Section 619 of the Dodd-Frank Act, often referred to as the Volcker Rule, is designed to strengthen the financial system and constrain the level of risk undertaken by banking entities that benefit from FDIC-insurance on customer deposits...
Aug 27, 2012 | Uncategorized
CAMBRIDGE, Mass., August 27, 2012—The Committee on Capital Markets Regulation (CCMR), an independent and nonpartisan research organization dedicated to improving regulation and enhancing the competitiveness of U.S. capital markets, today released data from the second...
Aug 24, 2012 | Capital Markets, Letter
A PDF of this letter is available here. Re: Cross-Border Application of Certain Swaps Provisions of the Commodity Exchange Act, 77 Fed. Reg. 41,214 Dear Chairman Gensler: The Committee on Capital Markets Regulation (Committee) appreciates the opportunity to comment on...
Aug 15, 2012 | Financial Stability, Op-Ed
By HAL S. SCOTT Originally published by The New York Times Global Edition on August 15, 2012 Europe’s failure twice plunged the world into war. In today’s globalized economic world, Europe’s failure to resolve its financial crisis could plunge the world into...
Jul 31, 2012 | Capital Markets, Financial Stability, Letter
Today the Committee on Capital Markets Regulation sent a comment letter to the International Association of Insurance Supervisors regarding their Public Consultation Document, “Global Systemically Important Insurers: Proposed Assessment Methodology.” The...