Mary Jo White to replace Elisse Walter, following Schapiro’s resignation in December 2012
SEC chair Mary Schapiro steps down a week after former inspector-general files $20 million lawsuit against the agency
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Legal experts see potential effects of Rakoff's SEC-Citi ruling for major banks' settlements
The US Securities and Exchange Commission is at the forefront of efforts to reform the over-the-counter derivatives market and prevent another flash crash. At the same time, it has also been trying to fix its own failings, highlighted by the Madoff scandal....
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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