Partner
Norton Rose Fulbright US LLP
Steven Lofchie is a Partner based in New York. He advises financial institutions and corporate clients on the securities laws and the Commodity Exchange Act, with particular focus on the regulation of broker-dealers, swap dealers, investment funds and other market intermediaries. Steven's transactional practice focuses on securities credit and derivative transactions.
Recent Articles & Comments
Deregulation, good. Ratios, not a meaningful metric.
Kudos to the gentility of whoever chose the word "prolific."
Despite Mr. Chopra's inappropriate attempt to stay on as Director of the CFPB, his resignation letter was largely graceful. However, his boast that the CFPB, under his leadership had "implemented dormant legal authorities," is both revealing and absurd. It would be equally fair to say that the CFPB under Mr. Chopra's leadership had invented and arrogated to itself legal authorities not given to it by statute—which would be, at least on one issue, the position of the federal court. (See, )…
The formation of the Senate Committee on Corporate Governance, which will likely focus on the proxy process, is consistent with SEC Commissioner Peirce's as to the need to refocus not only the SEC, but also public companies on their core mission, which in the case of public companies, should be serving the interests of their shareholders.