Tag Archives: systemic risk

AIG’s downfall and the transparency of derivatives

Posted on August 15, 2011 by Marketcore Advisory, Press & Opinion

The following letter to the editor by Michael Erlanger appeared in the August issue of Rough Notes in response to Kevin Hennosy’s article in the June 2011 issue of Rough Notes, “Supervision & Regulation Aren’t the Same” : I read with … Continue reading →

Posted in 3 Opinion, Financial Crisis | Tagged AIG, credit and liquidity crisis, derivatives, Insurance Exchange, LexisNexis, McCarron-Ferguson Act, regulators, risk transfer, systemic risk, transparency | Comments Off

Comments on Proposed Rule on Consolidated Audit Trail, August 10, 2010

Posted on August 10, 2010 by Marketcore Advisory, Press & Opinion

The following public comment was provided to the SEC on their proposed rule that would “require national securities exchanges and national securities associations (“self-regulatory organizations” or “SROs”) to act jointly in developing a national market system (“NMS”) plan to develop, … Continue reading →

Posted in 1 Advisory, SEC | Tagged abs, consolidated audit trail, consolidated order tracking system, credit and liquidity crisis, financial markets, intermediation, Jonathan Sokobin, lines of credit, loans, Marketcore, mbs, national market system, NMS, regulators, SEC, Securities Echange Commission, systemic risk | Comments Off

The New SEC Consolidated Audit Trail Rule Doesn’t Go Far Enough

Posted on August 10, 2010 by Marketcore Advisory, Press & Opinion

The SEC has proposed a rule that would “require national securities exchanges and national securities associations (“self-regulatory organizations” or “SROs”) to act jointly in developing a national market system (“NMS”) plan to develop, implement, and maintain a consolidated order tracking … Continue reading →

Posted in 3 Opinion, Current Events, Financial Crisis, SEC | Tagged abs, consolidated audit trail, consolidated order tracking system, credit and liquidity crisis, financial markets, intermediation, Jonathan Sokobin, lines of credit, loans, Marketcore, mbs, national market system, NMS, regulators, SEC, Securities Exchange Commission, systemic risk | Comments Off

Marketcore Inc. Acknowledged in Regulatory and Legislative Publication as a Transparency-Generating Mechanism to Improve Risk Management

Posted on June 24, 2010 by Marketcore Advisory, Press & Opinion

WESTPORT, CT – In the latest public validation of Marketcore, Inc.’s intellectual property, the June 2010 edition of “Compliance Matters“, a publication of the Regulatory and Legislative Interest Group of the CPCU Society, acknowledges in its editorial comments that “The … Continue reading →

Posted in 2 Press, Financial Crisis | Tagged Compliance Matters, contract, CPCU Society, financial markets, financial products, operating efficiencies, regulators, risk, risk detection, risk identification, risk management, systemic risk, transparency, underwriting standards | Comments Off

How Marketcore Could Help the SEC Fulfill Its Mandate

Posted on June 9, 2009 by Marketcore Advisory, Press & Opinion

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 capital market, comprehensive data reporting, counterparty risk, credit and liquidity crisis, credit risk transfer, disclosure, financial markets, financial products, insurance market, lines of credit, loans, Marketcore, Office of Risk Assessment, operating risk, price discovery, real-time measurement, regulatory agencies, reinsurance, SEC, Securities Exchange Commission, systemic risk, transaction platform, transparency, underwriting standards | Comments Off

Delivering Transparency to NCOIL

Posted on January 25, 2009 by Marketcore Advisory, Press & Opinion

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 Assemblyman Morelle, CDS, comprehensive data reporting, contracts, credit and liquidity crisis, credit default swaps, credit risk transfer, disclosure, financial markets, financial products, lines of credit, loans, Marketcore, National Conference of Insurance Legislators, NCOIL, operating risk, price discovery, real-time measurement, regulatory agencies, reinsurance, Senator Seward, systemic risk, transaction platform, transparency, underwriting standards | Comments Off

Transparency in Financial Markets

Posted on January 24, 2009 by Marketcore Advisory, Press & Opinion

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 CDS, comprehensive data reporting, contracts, credit and liquidity crisis, credit default swaps, credit risk transfer, disclosure, financial markets, financial products, lines of credit, loans, Marketcore, National Conference of Insurance Legislators, NCOIL, operating risk, price discovery, real-time measurement, regulatory agencies, reinsurance, systemic risk, Transaction Credit™, transaction platform, transparency, underwriting standards | Comments Off

Evaluating Asset Risk

Posted on October 28, 2008 by Marketcore Advisory, Press & Opinion

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 comprehensive data reporting, congressional research service, contracts, credit and liquidity crisis, credit risk transfer, disclosure, financial markets, financial products, insurance market, lines of credit, loans, Marketcore, NAIC, National Association of Insurance Commissioners, price discovery, pricing, real-time measurement, regulatory agencies, reinsurance, risk prediction, systemic risk, transaction credits TM, transaction platform, underwriting standards | Comments Off

A New View of Financial Markets: Addressing Current Disaster with Future Possibility

Posted on March 19, 2008 by Marketcore Advisory, Press & Opinion

In March 2008, we submitted the following report to the National Association of Insurance Commissioners. “A New View of Financial Markets: Addressing Current Disaster with Future Possibility” Marketcore is an intellectual property (IP) development company that identifies fundamental problems in … Continue reading →

Posted in Financial Crisis, NAIC | Tagged comprehensive data reporting, contracts, credit and liquidity crisis, credit risk transfer, disclosure, financial markets, financial products, insurance market, lines of credit, loans, Marketcore, NAIC, National Association of Insurance Commissioners, price discovery, pricing, real-time measurement, reinsurance, risk prediction, systemic risk, transaction credits TM, transaction platform, transparency, underwriting standards | Comments Off