About the author: Sean McMahon | SmartBlogs
Gen. Colin Powell, USA (Ret.) and legendary comedian Jay Leno share quite a history. Not only have the two spent a great deal of time together, they have each spent significant time interacting with numerous presidents. Better yet … Powell spent years working for four different presidents, while Leno spent years making fun of them.
Time with Reagan
During a joint appearance during the gala dinner at CME Group’s annual Global Financial Leadership Conference this week in Naples, Fla., Leno tried to lure Powell into revealing which of his former bosses was the best leader.[…] Continue Reading »
When it comes to systemic risk, experts at CME Group’s 7th annual Global Financial Leadership Conference remain skeptical about whether policymakers have the right tools, let alone know what to do with them.
Kevin Warsh, a former member of the board of governors at the Federal Reserve, said he is concerned about huge burden being placed on macroprudential oversight, especially considering there is no academic research or history on how to do it.[…] Continue Reading »
Terry Duffy is the Executive Chairman and President of CME Group, which is hosting its annual Global Financial Leadership Conference next week in Naples, Fla. Mr. Duffy chatted with SmartBrief and shared more background on the GFLC.
1. The Global Financial Leadership Conference is now in its 7th year … How has the event evolved?
The GFLC has come a long way in its short history.[…] Continue Reading »
CFTC regulations on trade reconstruction are changing the way firms need to think about compliance. Here’s a step-by-step guide to get started.
The Dodd-Frank Act unleashed an avalanche of new rules affecting the financial industry, chief among them the trade reconstruction requirement, which mandates that swap dealers are able to produce a complete reconstruction of a trade within 72 hours of a request by the Commodities Futures Trading Commission (CFTC).[…] Continue Reading »
The Milken Institute is working to give policymakers, media, and the academic community a deeper base of knowledge when it comes to global banking issues. The Institute’s recent launch of GlobalBanking.org offers users a new and unique way of accessing information on banking systems worldwide and their regulatory environment. The site aggregates World Bank data from 180 countries in addition to its own independent research and analysis on an open platform that is accessible to anyone.[…] Continue Reading »