News Flash: Mary Jo White Claims SEC Produces “Bold and Unrelenting Results”
SEC chair Mary Jo White takes victory lap for agency’s paltry and overstated enforcement record when walk of shame is more warranted.
Read more...Category Archives: Regulations and regulators
Banks Whinge About Tougher EU Regulations to Reduce Too Big to Fail Risk
The Financial Times is a bit too sympathetic to poor oppressed banks facing tougher EU safety rules.
Read more...Donald Trump: “My 100-Day Action Plan”
A look at Trump’s major proposals.
Read more...Italy’s Bank Rescues Founder, With Small Savers and Prime Minister Renzi as Casualties
Italian banks may start bail-ins at the worst possible time for Matteo Renzi and his constitutional reforms.
Read more...Thwarting Trump’s Climate Change Rollback: The Green-State Climate Agreement
State and local measures, such as a green-state pact, could impede the Trump administration’s efforts to unwind climate change initiatives.
Read more...The Retreat of Financial Globalization?
Financial globalization, meaning high levels of funds movement across borders, has fallen, and that’s a good thing.
Read more...Mary Jo White Leaves Behind a Weakened SEC for Trump to Weaken Further
Mary Jo White leaves behind an SEC weaker than she found it, with three commission seats now open. Trump will weaken the agency further.
Read more...Wall Or No Wall: Trump Needs The Mexican Oil Industry
If Trump follows through with his promise of having the US exit Nafta, it means imposing tariffs on Mexican oil, which the US needs.
Read more...Trump To Clear Way For Oil Pipelines
A Trump presidency is a big setback to environmentalists, particularly opponents of the Dakota Access and Keystone XL pipelines.
Read more...Wolf Richter: What the Heck’s Going on with Foreclosures? Why this Spike?
Yves here. While the recent trend in foreclosures looks alarming, it appears that servicers are making a push to clear out what they regard as old inventory, even though it appears to be include defaults that started after the crisis. One has to note cynically that they waited to the tail end of the Obama administration […]
Read more...Obamamometer Whispers DAPL Sweet Nothings to Lure Progressives
The Army Corps of Engineers is unlikely to to reroute DAPL, in the face of private contractual commitments to supply oil that soon kick in.
Read more...Bill Black: Wall Street’s Apologist-in-Chief Mansplains Regulation to Senator Warren
The New York Times’ Roger Lowenstein is so convinced of Wall Street’s and the SEC’s virtue that he can’t even be bothered to get facts right.
Read more...CalPERS Plans to Violate California Constitution, Pave Way for Hiring Under-Qualified Candidate, for Critically Important Job of Chief Actuary
CalPERS is up to no good yet again.
Read more...TRIPS: The Story of How Intellectual Property Became Linked to Trade
Why intellectual property rights are a form of private tax, and how they are abusive when applied to IP developed out of public funding.
Read more...Inequality As Policy: Selective Trade Protectionism Favors Higher Earners
Policy choices have subjected manufacturing workers to global competition while shielding high-wage professionals.
Read more...