Category Archives: Regulations and regulators

CalPERS Board Candidate Margaret Brown Objects to Unconstitutional, Non-Secret, Insecure, Unauditable Election; Vendor Handling Phone and Internet Voting Criticized for Incompetence, Exaggerating Security of On-Line Voting

CalPERS’ election procedures would embarrass any self-respecting banana republic.

Occupy the SEC Calls Out Regulator’s Absurd Push to Neuter Volcker Rule

Occupy SEC calls out OCC nonsense on need to reform– gut– the Volcker Rule’s proprietary trading limits for TBTF banks. Will anyone listen?

Cybersecurity Ain’t the Only Game in Town: The Scams Multiply

Cybersecurity is much in today’s news, but it’s not the only source of scams– which are much more omnipresent than in the past.

Hack of SEC May Have Yielded Illicit Trading Gains

SEC joins Equifax in reporting its own cybersecurity breach. Failure to safeguard information is not a problem unique to the private sector.

California Rewrites the GOP’s Climate Playbook

Some California Republican legislators are breaking ranks and beginning to embrace modest pro-regulatory positions on climate change.

Bill Black: Massachusetts First to Sue Equifax Over Massive Hack

Several government agencies and at least 34 state attorneys general have opened probes into the Equifax data-breach scandal–‘the gift that keeps on giving,’ says Bill Black.

Google Betting Big on Being Able to Overturn EU Antitrust Decision; Effectively Thumbs Its Nose at Compliance

Google got hit with a huge EU fine and faces even bigger charges for non-compliance. So why is it playing hardball?

Who Is Behind FDA-Weakening Bill Based on False Premise That It Restricts Access to Experimental Drugs for the Terminally Ill?

A look at some of the forces out to undermine the FDA.

Brexit Talks Stall, Making Hard Brexit Even More Likely

The Brexit talks went from bad to worse in August.

CalPERS Runs Unconstitutional, Tamper-Friendly Election With Non-Secret Ballots

CalPERS’ new board election procedures make a mockery of the California Constitution’s requirement that voting be secret.

From Credit Risk to Pipeline Risk: Why Loan Syndication is a Risky Business

How pipeline risk poses a danger to banks even in an “originate to distribute” business like loan syndication.

How US Regulators Created the Equifax Mess

How regulators made credit bureaus like Equifax powerful, and why banks could live without them if they needed to.

Sarbanes-Oxley Internal Controls Provisions Forecast Accounting Fraud

Study shows weak SOX internal controls disclosures can forecast fraud as companies and captive regulators press to roll back of these regs.

Wolf Richter: Worst US Consumer Data Hack Ever? Equifax Confesses

What you can do to safeguard your identity in the wake of the Equifax data breach– the worst ever.