Do New Fannie-Freddie Bonds Signal Return of Asset-Backed Securities?
Fannie and Freddie are unable to issue higher-yielding bonds because of an unintended effect of Dodd-Frank; an exemption would create a ‘risk-sharing’ bond market that would benefit the mortgage giants.
Time to Rethink Bond Strategy?
With current bond yields low, interest rates lower and the economic outlook “cloudy at best,” Ken Volpert, head of Vanguard’s Taxable Bond Group, says the organization “doesn’t think future bond returns will be nearly as robust as they’ve been.
Today’s Bond Yields Are ‘Financial Repression’: Vanguard Expert
Ken Volpert, head of Vanguard’s Taxable Bond Group, wants to be sure that bond investors are prepared for what lies ahead—namely small to negative returns.
SEC, FINRA, DOL Enforcement Roundup: 8 Charged for Insider Trading on Pharma Deal
Among the recent actions taken by the regulators were a settlement of $1.27 million to be paid by an advisory firm to 13 pension plans and charges in an insider trading ring.
New Hire Roundup: FASB's Herz Joins Board at Morgan Stanley
This week in new hires, Robert Herz elected to the board at Morgan; Dune Thorne joins Brown Advisory; SEC gets new head of investment advisor examination program.
‘Living Wills’ Expose Banks’ Fragility, but Won’t Forestall Disaster
Sunday is the deadline for the biggest banks to submit "living wills" providing regulators a roadmap to break them up if the financial system is threatened. But Simon Johnson says the time to break up too-big-to-fail banks is now.
Unfinished Business: Dodd-Frank’s Many Questions
On July 21, 2010, President Obama signed the Wall Street Reform and Consumer Protection Act, known as Dodd-Frank, into law. Two years on, uncertainty abounds about the legislation’s meaning and impact.
Why the Financial Crisis Can Happen Again: News Analysis
More than four years after the financial crisis began, could it all happen again? Has Wall Street changed its ways? How about Washington?
The STOCK Act’s Lameness
"Send me a bill that bans insider trading by members of Congress and I will sign it tomorrow,” President Obama proclaimed in his State of the Union on Jan. 24, 2012.
DoubleLine’s Gundlach: ‘We Don’t Like the Short End of the Curve at All’
The legendary fixed-income manager Jeffrey Gundlach, CEO of DoubleLine Capital, joined Tom Keene on Bloomberg TV’s Surveillance Midday to discuss Europe, alpha and possible Fed moves.