Is a material increase in number of trades combined with a material decrease in the total dollar volume of trading indicative of a material decline in liquidity?

The SEC's settlement illustrates the hidden risks that can arise from differences between corporate hiring practices in China and other foreign markets and those in the United States. This settlement also demonstrates that the solicitation and acceptance of candidate referrals is common across all industries and not only in the banking sector, and that many companies may discover the insufficiency of HR and other procedures they have in place for determining whether a candidate has a…

The guidance notes: "Through [a sound method of allocating internal funding], a firm can transfer these risks to a central management function that can take advantage of natural offsets, centralized hedging activities, and a broader view of the firm." The irony of the wording is that current financial regulation often forces firms to segment their operations, including funding, in wholly irrational ways in order to conform them to the regulatory structure. Divisions between…

It is good that elected representatives are thinking about giving relief to the overly regulated in the financial system. However, the relief offered in this bill moves us in the wrong direction. Here are a few reasons: (i) offering conditional relief is based on the false premise that traditional banking activities, such as mortgage lending, are inherently safer than other financial activities (when likely the opposite is true), (ii) conditional regulatory relief would make it impossible…