Risk Management

SIFI DESIGNATION FOR NON-BANK FINANCIAL COMPANIES (NFC) A veritable pot of alphabet soup was put together by the FSOC to handle the task of designating non financial companies as SIFIs. Eight regulators: OCC, FDIC, CFPB, FHFA, FRB, NCUA, CFTC & SEC, one independent member with insurance “expertise,”...

Dodd-Frank by the Numbers  Dodd-Frank (Title VII) of 2010 moves forward with revisions and final rules. But forward movement is better than no movement at all.  Progress by July 2012: Dodd-Frank’s Progress to Date Out of 398 total required rulemakings, 221 Dodd-Frank deadlines have passed: 140 (63%) passed without a...

Is my slippage showing? Tongue firmly in cheek, I’ve entitled this post “CDS & JPM: Is my Slippage Showing” in order to explain why JP Morgan’s losses could not have been caused by slippage alone. Slippage is used to describe the spread between the bid and...