Jim Hamilton’s World of Securities Regulation A bill designed to ensure that energy commodities traded on foreign exchanges using trading terminals located within the United States are subject to the same speculative trading limits and reporting requirements as energy commodities traded on U.S. exchanges has been introduced by Senators Carl Levin and Dianne Feinstein.

Canada needs new accounting rules - FP Comment More Blogs | National Post Home | Financial Post Home | News | Opinion | Arts | Life | Sports | Multimedia | Your Post Main | About | Contact Editor | Subscribe RSS Canada needs new accounting rules Posted: June 05, 2008, 7:15 PM by NP Editor accounting standards, David Tweedie The U.S. GAAP is an unsustainable Tower of Babel

naked capitalism: Is Securitization Coming Back? when securitisation does return, it is likely to be in a dramatically simpler form, centred around more traditional lines of business, such as creating mortgage-backed bonds

Hedge Fund Compliance Blog The SEC’s proposed amendments to Reg S-P (privacy and safe-guarding of personal information) beef it up considerably and, if enacted as proposed, will undoubtedly come at an increased cost to RIA’s.

Hedge Fund Compliance Blog a person can be subject to criminal charges for “tipping” regardless of whether he or she actually made any money from the tip or ever even traded any shares in the scheme

Securities Law Prof Blog: SEC and DOJ Investigate AIG The Wall St. Journal reports that both the SEC and the Department of Justice are investigating whether AIG overstated the value of credit default swaps

Competition Commission looks into banks’ payment protection - The Times « Current Awareness “Banks that have sold payment protection insurance (PPI) could face a wave of compensation claims after the Competition Commission said that 14 million consumers had been overcharged by an estimated £1.4 billion, or an average of £100 a year.”

FT.com / Home UK / UK - US banks fear being forced to take $5,000bn back on balance sheets US banks fear being forced to take $5,000bn back on balance sheets

Financial Crookery: Robert Redford: Derivative Salesman? a dispiriting Bloomberg article about iffy derivative sales

Privacy law casebook now available - FP Legal Post On May 23, the Office of the Privacy Commissioner of Canada (OPC) released Leading By Example: Key Developments in the First Seven Years of PIPEDA.