Tag Archives: regulatory agencies

Michael Erlanger referenced in September Issue of Rough Notes

In his latest column in the September issue of Rough Notes, “AIG and the Meth Labs of Finance: How the GLBA came to replace Glass-Steagall and led us astray”, Kevin P. Hennosy references a letter to the editor written by … Continue reading

Posted in 2 Press, Financial Crisis | Tagged , , , , , , , ,

Credit Default Insurance Model Legislation passed

As we previously posted in January 2009, under  Transparency in Financial Markets and Delivering Transparency to NCOIL, Marketcore testified before the National Conference of Insurance Legislators (NCOIL) concerning CDS and the credit and liquidity crisis. That testimony, and the subsequent … Continue reading

Posted in 1 Advisory, Current Events, Financial Crisis, NCOIL | Tagged , , , , , , , , ,

Marketcore, Inc. Answers FINRA’s Call for a Unified Single Regulator

NEW YORK, N.Y., October 30, 2009 – On Tuesday October 27, at the annual meeting of the Securities Industry and Financial Markets Association in New York, Richard Ketchum, Chairman of the Financial Industry Regulatory Authority (FINRA), called for the creation … Continue reading

Posted in 1 Advisory, 3 Opinion, Current Events, Financial Crisis, FINRA | Tagged , , , , , , , , , , ,

How Marketcore Could Help the SEC Fulfill Its Mandate

The Office of Risk Assessment of the Securities and Exchange Commission is responsible for coordinating the SEC’s risk management program. It goes without saying that it’s not an easy job. The following report was one of many provided to the … Continue reading

Posted in 1 Advisory, 3 Opinion, Financial Crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Delivering Transparency to NCOIL

The day after we testified before National Conference of Insurance Legislators on the subject of Credit Default Swaps, we sent the following letter to the committee: January 25, 2009 To the Members of the NCOIL Financial Services & Investment Products … Continue reading

Posted in 1 Advisory, 3 Opinion, Financial Crisis, NCOIL | Tagged , , , , , , , , , , , , , , , , , , , , , , , ,

Transparency in Financial Markets

The National Conference of Insurance Legislators (NCOIL) describes itself as “the voice of state legislators on Capitol Hill” and “the only organization of its kind dedicated exclusively to promoting sound insurance public policy,” with the purpose “to help legislators make … Continue reading

Posted in 1 Advisory, 3 Opinion, Financial Crisis, NCOIL | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

Illuminating Opaque Credit Markets: Excerpt from Financing Recovery from Large-Scale Natural Disasters, Congressional Research Service Report for Congress

The following excerpt is from the CRS Report for Congress: Financing Recovery from Large-Scale Natural Disasters, November 18, 2008, by Rawle O. King, Analyst in Financial Economics and Risk Assessment, Government and Finance Division. You can read the section of … Continue reading

Posted in 1 Advisory, Financial Crisis | Tagged , , , , , , , , , , , , , , , , , , , , ,

Opaque Capital Markets: Excerpt from Financing Recovery from Large-Scale Natural Disasters, Congressional Research Service Report for Congress

The following excerpt is from the CRS Report for Congress: Financing Recovery from Large-Scale Natural Disasters, November 18, 2008, by Rawle O. King, Analyst in Financial Economics and Risk Assessment, Government and Finance Division. It describes the problems to which … Continue reading

Posted in 1 Advisory, Financial Crisis | Tagged , , , , , , , , , , , , , , , , , , , , , ,

Evaluating Asset Risk

The following presentation to the National Association of Insurance Commissioners (NAIC) was made in October, 2008 at the request of their Executive Management, and as part of Marketcore’s advisory work for them. Evaluating Asset Risk WHAT IS THE PROBLEM TODAY? … Continue reading

Posted in 1 Advisory, 3 Opinion, Financial Crisis, NAIC | Tagged , , , , , , , , , , , , , , , , , , , , , , ,

A Solution to the Financial Crisis: Our Comment to the US Treasury

The following letter was sent in response to the US Treasury’s request for public input on a solution to the financial crisis and was the first of numerous subsequent communictions. The original Treasury request follows our comment below. November 27, … Continue reading

Posted in Financial Crisis, US Treasury Dept. | Tagged , , , , , , , , , , , , , , , , , , , , , , ,