The SEC Fiddles While the System Burns: Insider Trading Enforcement As Securities Law Theater
The SEC’s focus on insider trading, at the expense of offences with greater systemic significance, is a form of securities law theater.
Read more...Category Archives: Regulations and regulators
Earth to Regulators: If You’re Going to (Hopefully) Ding John Stumpf, Don’t Miss Henry Kravis, Leon Black, et al.
Now that the press is focusing on executives who oversaw stealing, people like Leon Black are even more deserving targets than John Stumpf.
Read more...Just How Hard Is It To Cut US Greenhouse Gases?
The US is not surprisingly, going to miss 2020 greenhouse gas targets by a big margin. What will policymakers do?
Read more...CFPB Looks Here to Stay: What Does the Future Hold?
A decision by the D.C. Circuit Court of Appeals overturning the CFPB director structure allows the agency to pursue its ongoing policy and enforcement agenda. With separate new regulations on payday lending and mandatory arbitration expected soon, will consumers finally get the more effective financial product regulation we deserve?
Read more...Almost Nobody Is Satisfied With Wells Fargo CEO John Stumpf’s Overdue Departure
While John Stumpf has finally departed Wells Fargo, the bank hasn’t made moves consistent with serious change.
Read more...Appeals Court Ruling That CFPB’s Structure Is Unconstitutional: A Stealth Win?
A scary-sounding ruling leaves the CFPB largely unscathed, and in some key ways, ahead.
Read more...RBS Looted Small Business Customers, Deliberately Driving Thousands in Bankruptcy, While Under Government Ownership
How RBS destroyed thousands of small UK businesses for fun and profit.
Read more...Not So Wondrous Drugs? – New Warnings about Severe Adverse Effects of New, Heavily Marketed Drugs for Hepatitis C
Dangerous diseases like hepatitis C make it a bit too easy for drugmakers to peddle wonder cures….
Read more...Private Equity Double Standard: California’s John Chiang, Other State Officials Happily Ding Headline-Grabbing Wells But Look Other Way With PE
State officials like California Treasurer John Chiang eagerly sanction an easy target like Wells Fargo. But private equity? Fuddedaboudit.
Read more...After 30 Years of Investing in Private Equity, Washington Decides That It Might Help if Its Board Knew What It Was Doing
Yet more confirmation of the dirty secret of private equity: the investors are way out of their depth.
Read more...Calling All Wells Fargo Whistleblowers!
We have published extensive whistleblower reports and encourage former and current Wells Fargo who’ve witnessed sales abuses to contact us.
Read more...We’re Past the Point of No Return for Climate Change
On why the case for combatting climate change is more urgent than ever, and what can be done about it.
Read more...Don Quijones: Rescue of Italy’s Monte dei Paschi Gets ‘Dark’ & ‘Complicated’
As Monte dei Paschi flounders, details of past chicanery emerge, implicating Deutsche Bank, Normura, the Bank of Italy, and Maro Draghi.
Read more...Blackstone Presents New Fee Scheme: Tricky Fees are Dead, Long Live Tricky Fees!
Blackstone’s new, improved fee scheme confirms that any supposed concession to investors need to be viewed with great skepticism.
Read more...When Bank Boards Get Too Cozy, Expect Misconduct
Why regulators and investors need better measures of the connections between bank executives and their boards.
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