tag:blogger.com,1999:blog-44711797694651890112012-01-27T08:28:37.120-05:00Rosenthal Recruiting places financial services and legal candidates. Primary focus is Compliance Risk and Regulatory.Stuartnoreply@blogger.comBlogger2581100tag:blogger.com,1999:blog-4471179769465189011.post-21035876466374973332012-01-27T08:20:00.000-05:002012-01-27T08:26:35.490-05:00

Rosenthal Recruiting Job Board now has an excellent Senior Compliance Officer job opening. This new job listing can be viewed at the following location: http://rosenthalrecruiting.jobamatic.com/a/jbb/job-details/640686 This job is located in Washington DC metro area and the employer is a Financial Industry leader. Salary Range: Up to 100,000 + Bonus and Generous Benefits. 15% bonus potential.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-41236400717835193412012-01-21T16:08:00.002-05:002012-01-21T16:08:57.892-05:00

Broker-Dealer Compliance Officer Global Bank (New York) REQUIREMENTS include Two (2) - four (4) years as a Compliance Officer for a FINRA Member Broker-Dealer or Bank. Bachelors Degree; MBA preferred. Read all about and how to apply. Base pay could be up to $95,000.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-80536184809467756772011-12-23T15:03:00.004-05:002011-12-23T15:03:33.770-05:00

During 2009-2011, Rosenthal Recruiting was pleased to handle many candidate interviews for Clients and made a record number of Placements. As 2012 is on the horizon, it's time to look forward to a another successful new year. We would also like to take an opportunity to provide an update on 2012 capabilities. We expanded our geographical footprint and added outsource capabilities, while

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-29624025497559719582011-12-13T12:46:00.002-05:002011-12-13T12:46:28.792-05:00

Rosenthal Recruiting active job openings now include the following: Miami, FL Bank Compliance Officer $80,00 base salary + bonus Pittsburgh, PA - RIA/BD Chief Compliance Officer (CCO) Base Salary - $85,000 NJ - RIA/BD CCO Base $165,000 or more potential Best Wishes for the Season and onward to 2012. The Miami position requires the following experience: Regulation B (Equal Credit Opportunity)

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-64795855508407182282011-11-08T13:24:00.001-05:002011-11-08T14:00:11.983-05:00

Title: Product Control Manager Location: New York, NY Officer Title: AVP – VP Status: Fulltime Regular This is an opportunity for a experienced Accounting professional with Product Control experience for an Investment Bank. The person in this role will liaise with all Company employees with a focus on Trading and Capital Markets personnel. JOB DUTIES / RESPONSIBILITIES

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-21903352591562455882011-10-30T10:08:00.004-04:002011-10-30T11:04:17.139-04:00

After a very successful New York event last summer, Rosenthal Recruiting will be at an after-work event in Boston. This is a convenient, informal yet professional event. This invitation has primarily gone out to the Broker/Dealer, Investment Adviser Compliance Officers Group in Boston and will be on Wednesday, November 2, 2011 from 5:30 to 8:00 PM (ET). This will include speakers and an

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-26217231265146359942011-09-22T12:52:00.003-04:002011-09-23T10:02:58.383-04:00

Title: Structured Products Compliance - This position is part of the Asset Backed Finance (ABF) Department of a Major Investment Bank whose duties include: 1) Assist with developing, implementing and monitoring a risk-based compliance program to assure compliance with regulatory requirements and firm policies and procedures; 2) Participate in industry calls to understand and develop policies

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-10602013511047011092011-09-06T05:50:00.001-04:002011-09-15T16:40:55.767-04:00

Title: Mutual Fund Attorney Up to $150,000 Package Company: Investment Management - Mutual Fund Company (in Washington D.C. area) Type: Full-time, Permanent Position Summary: Must have S.E.C. Registration experience preferably three to seven years post J.D. with 1940-Act experience in current position, or in past. Position will work with Legal Department on legal support matters for affiliated

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-75785547582503144662011-09-05T14:36:00.001-04:002011-09-05T18:23:41.107-04:00

What can YOU do on 'Give' Labor Day? Six recommended activities for the September 5 Give Labor Day are: 1. Make a referral or introduction 2. Critique a resume 3. Rehearse a mock interview 4. Share relevant job openings 5. Leverage Facebook or LinkedIn connections 6. Help a friend write a cover letter Please read about it here Questions may be directed to: Stuart@

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-52725961387083035272011-07-15T14:17:00.003-04:002011-07-19T07:23:24.037-04:00

Title: Chief Compliance Officer (CCO) The Chief Compliance Officer opening - as most do - oversees the Company’s Compliance department, functioning as an objective body that reviews and evaluates compliance issues/concerns within the organization. The CCO position ensures that management and employees are in compliance with rules and regulations of regulatory agencies, that company policies and

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-78213158088425730342011-07-08T09:33:00.001-04:002011-07-08T15:29:12.028-04:00

Position Title: Law Firm Senior Associate or Counsel Employer: A-List Top-Ranked AmLaw Law Firm. Requirements: Knowledge of FINRA rules, regulations, practice and experience advising financial institutions in this area, particularly relating to Securities Offerings and/or experience working at FINRA. Preferred - Ideal Candidate: Top grades/credentials Class Year: 2000-2002 JD year Salary:

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-468853851050785252011-06-29T17:54:00.001-04:002011-06-29T17:56:04.898-04:00

This update provides some current Rosenthal Recruiting opportunities with links for more information. To view in HTML with live links please click here or go to http://conta.cc/iSOL6H ----------------------------------------------------------------- Securities Counsel - Blue Sky Practice Leading US Law Firm - New York Office Counsel Level. JD 2003 - 2006 ideally. Read More. ISDA Negotiator -

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-35166733350586146782011-06-08T13:45:00.000-04:002011-06-08T13:45:55.637-04:00

On May 11, 2011, a sad chapter closed in the life of one George M Motz, once a highly-compensated investment executive but currently a resident of the Federal Correctional Institution in Otisville, NY. On that day, the US Securities and Exchange Commission (SEC) issued a notice announcing that it had accepted an offer of settlement from Motz which would heap administrative punishments on top of

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-2985581272996041812011-05-15T21:44:00.002-04:002011-05-15T22:08:32.917-04:00

A few openings are active, in Manhattan and here is a brief summary: Prime Brokerage Attorney. Requires a JD with knowledge of contracts for Prime Brokerage clients and Commission Sharing Agreements.The Company is a leading US based Broker-Dealer and Investment Bank. If you have worked with prime brokerage contracts, and would be interested please reply with a resume in Word format. Then we can

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-24275712118967564392011-03-22T13:37:00.001-04:002011-03-22T13:39:37.190-04:00

Title: Chief Compliance Officer (CCO) Company: Broker-Dealer and Registered Investment Advisor Location: Midtown - New York, NY Overview: Oversee, implement and participate in Broker-Dealer (BD) and Registered Investment Advisor (RIA) compliance programs. RIA focus is separately managed accounts as well as unregistered investment partnerships. BD offers Research and publishes research reports.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-58867593334174956372011-02-10T08:43:00.005-05:002011-02-11T08:49:50.332-05:00

Registration To Cost PE Firms Close To $1B This Year. Full cost of having to register as Investment Advisers has really started to sink in with buyout shops - writes - PE HUB's David M. Toll. Olympus Partners puts the figure for itself at $500,000 to $600,000 by late spring, not counting annual costs beyond (see other estimates below). Latest role posted on the Rosenthal Recruiting Job Board

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-34179105460705943892011-02-03T08:26:00.004-05:002011-02-03T08:39:01.183-05:00

While Mary Schapiro, S.E.C. chairwoman, says she needs to hire 800 to carry out the Dodd-Frank financial regulatory overhaul,a major NY-based Global Financial Leader has the following Requirements. Now hiring for a position titled “REGULATORY PROJECT MANAGER” to lead to Dodd-Frank and other Regulatory implementation: -Experience working with IT, Attorneys, Compliance Management and professionals.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-31777517974400365882011-01-07T17:42:00.000-05:002011-01-07T17:42:50.156-05:00

Responsible for Compliance of a U.S. Broker-Dealer and Registered Investment Advisor. Travel schedule according to the office where CCO is based. Can be in TX, Chicago, NJ or another City. Qualifications: Series 7, 24, 66. 63, 65 or 66 10+ years in BD/IA financial compliance position. Advanced knowledge of FINRA/SEC rules/regulations for broker/dealers, investment advisors. The office can be

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-80558929113490729912010-12-27T12:00:00.006-05:002010-12-28T15:56:31.275-05:00

This Artcle is by Henry Enright. The Federal Trade Commission (FTC) Red Flags Rule implements sections 114 and 315 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). The new Rule requires creditors and financial institutions to implement written identity theft detection and monitoring program(s). Creating an identity theft program helps businesses detect and respond to warning

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-30770151903458319432010-12-17T17:05:00.003-05:002010-12-18T00:24:44.022-05:00

Have you seen 'It's a Wonderful Life' in 2010 ? You can start off 2011, with this wonderful career Compliance opportunity. Please contact Rosenthal Recruiting about the job with an exciting young FINRA member: it has a unique business model. You will not find this on the Ladders or any other Compliance Search website unaffiliated with Rosenthal Recruiting. Candidate must have: Experience

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-58236961734805008432010-11-11T14:29:00.001-05:002010-11-13T09:10:10.343-05:00

Now needed: Chief Compliance Officer (CCO) Client seeking a CCO who has experience with 2 primary Business lines: - Standard retail accounts, including a leading online self directed trading offering with an emphasis on equities, funds, options and futures and forex. - Custody and Clearance for independent registered investment advisors (RIAs) Must have S7, 24; 3, 4 desirable. Experience

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-50865885518966526232010-10-09T20:19:00.009-04:002010-10-10T21:56:37.279-04:00

See Herbie's Job Search Tips. Morgan Stanley now has a hiring freeze for Investment Bank for the remainder of 2010 - reported by Bloomberg among others. View 9/27 article. Institutional Investor noted MS joined 'investment banks that have taken steps to modify staffing amid revenue declines from dampened trading volumes.' Rosenthal Recruiting now seeks a Senior Consultant for Op Risk. This

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-24930300651634665882010-10-03T21:22:00.004-04:002010-10-03T21:52:11.772-04:00

 East Side Creative Hair Salon in Boynton Beach, FL has come up with a number of creative ways of cutting back on its payroll and helping its bottom line. Not only creative but these ways are a win-win for all – please read on.East Side owner Rosemarie Clark recently implemented a volunteer program that provides gives much sought after work experience to Students enrolled in a local Cosmetology

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-91646439317822757212010-09-25T11:49:00.000-04:002010-09-25T11:49:45.961-04:00

AML and Retail Account Surveillance at the Analyst level now needed. Compensation: Base 80-95K + Bonus, Midtown NY office, Broker-Dealer part of established Bank. As re-tweeted this morning: New #Job #AML #Compliance, SERIES 7, 24 Retail Surveillance exp. reqd #NYC Apply w/ e-mail to: Stuart@RosenthalRecruiting.com Original Tweet on Fri and prior tweets http://twitter.com/StuartRosentha New #

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-30385947275052061882010-09-12T12:24:00.000-04:002010-09-12T12:24:17.263-04:00

Bank Holding Compliance Officer: This opportunity is a permanent Vice President role with a well-regarded US-based Firm known more for Investment Banking. A candidate must show Bank Holding Company, Federal Reserve and/or other Federal Bank agency work experience. With the support of Legal and Compliance, the responsibilities include monitoring to ensure full compliance with Federal Reserve

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-69211786410057600292010-09-04T17:05:00.022-04:002010-09-12T10:53:24.112-04:00

The SEC announced on 9/2 that it adopted a temporary rule requiring municipal advisors to register with the SEC by October 1, a deadline established by the Dodd-Frank Act. Municipal advisors can access and complete the new registration form (Form MA-T) on the SEC website. Separately, as WSJ reported on 9/3, the U.S. board overseeing Company auditors has sent a draft bill to Congress to make

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-58904411687149867092010-08-31T12:32:00.000-04:002010-08-31T12:32:29.149-04:00

Did you notice that last week the S.E.C. announced that Andrew "Buddy" Donohue - the agency's Director of the Division of Investment Management - will step down in November? As Chuck Jaffe, of MarketWatch noted in a recent column, the typical fund investor hasn't got a clue who Donohue is or what he has done in his SEC job over the last four years. Jaffe added that since industry insiders argue

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-70987139249088854612010-08-26T11:08:00.001-04:002010-08-26T11:14:20.836-04:00

President Obama has a year to decide on which person will occupy the post of Director of the Office of Financial Research (OFR). Before that Congress must ratify. Should the individual have previous Washington experience? A former White House executive, Congressman or say Treasury official. What about Wall Street experience and if so what kind? As noted by Chris Kentouris in the Securities

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-42150156509758952862010-08-23T11:14:00.008-04:002010-08-23T11:36:25.830-04:00

Senior Options Compliance Officer job listing has been posted on Rosenthal Recruiting Job Board:Company: Established, respected Investment Bank Broker-DealerWhere: New York, NYURL to view more and apply: http://RosenthalRecruiting.jobamatic.com/a/jbb/job-details/369242Last week, a Chief Privacy Officer opening was posted.This is a great opportunity with a Bank Holding Company that has a growing

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-25969495290529790552010-08-11T14:55:00.000-04:002010-08-11T14:55:56.395-04:00

MSRB is now seeking an Associate/Assistant General Counsel. Part of a legal team collaborating on Rule making/Policy functions of the MSRB, as well as providing advice on internal legal matters. This is on the SIFMA Job Board, Not yet posted on the Rosenthal Recruiting Job Board - is a job opening with an AmLaw 200 Firm. Seeking 7+ years of experience to work as a Blue Sky Attorney:

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-7415656711690570352010-07-31T08:00:00.018-04:002010-08-05T19:08:13.833-04:00

Prime Brokerage and Securities Lending Counsel job opening. This opportunity requires an experienced Securities Counsel covering Prime Brokerage and Securities Lending. Responsibilities, Requirements... more for this job listing can be viewed at the Rosenthal Recruiting Job Board. Also new: Corporate Secretary opening. This job listing can be viewed at the Job Board. Requires 10+ years

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-62374559829065819472010-07-23T01:10:00.000-04:002010-07-23T01:10:30.733-04:00

A NEW opening for a Broker-Dealer Compliance Examiner position is now posted on the Rosenthal Recruiting Job Board. Please go to the post for full Job Description. Requirements include Examination, audit or internal testing experience. Read more/apply. This position will be as an Examiner in the Oversight and Monitoring Group for the Fixed-Income Capital Markets firm. Office Location: Stamford,

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-77955097857524537512010-07-21T12:29:00.000-04:002010-07-21T12:29:41.774-04:00

The White House sought to rebuff criticism that key Wall Street executives were excluded today from signing for the President's financial reform legislation. The Hill reports that the administration publicly pushed back against a Washington Post story this morning noting that among the 400 people invited to this morning's bill signing, absent from the list were the CEOs of Morgan Stanley,

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-80952428527081063452010-07-16T16:56:00.001-04:002010-07-17T13:37:14.384-04:00

The financial overhaul bill, which the Senate cleared Thursday and sent to the president, imposes multiple new regulations on the derivatives market generally and the swaps market in particular. It requires that standardized derivatives contracts be traded on an open exchange, with prices and volumes reported publicly. The contracts must also be cleared through a third party, an intermediary who

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-50687521772469221082010-07-15T10:31:00.002-04:002010-07-15T10:35:57.223-04:00

When: Monday, July 26 (6:45–7:15 p.m.) Who: Commissioner Luis Aguilar Where: St. Regis Hotel, Washington, D.C. The D.C. Minority Attorney Networking Series is co-organized by Arnold & Porter and Fried, Frank. In addition to these firms, twenty-six more leading law firms in Washington, D.C. team up and sponsor the Minority Attorney Networking Series. SEC Upcoming Events page lists Arnold &

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-52137911204623662052010-07-09T11:34:00.004-04:002010-07-17T14:33:36.364-04:00

Mayer-Brown provided “Understanding the New Financial Reform Legislation.” To view the summary outline of the Dodd-Frank Act used in the seminar, please follow the link to view. Mayer-Brown invites you to the The Waldorf Astoria Hotel in New York on Monday July 12 for a comprehensive, full-day overview of the significant impact this historic legislation will have on US and global financial

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-63749939986174976172010-07-06T12:45:00.000-04:002010-07-06T12:45:58.828-04:00

Volcker rule has everybody on Wall Street scrambling -- even though it hasn't yet become law and won't effect some banks for years. Reform bill final vote will be next week in the Senate and Banks are shuffling star proprietary traders, whose roles could be put in jeopardy by the reform, according to The Wall Street Journal. Volcker rule will prevent banks from wagering their own money.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-40352353986230421492010-06-27T08:02:00.008-04:002010-06-28T11:03:43.862-04:00

Congress agreed on the Financial overhaul legislation, now Lobbyists and consumer advocates continue their battle: influencing hundreds of new rules and regulations. Scott Talbott, lobbyist for the Financial Services Roundtable: “Where the rubber meets the road is the regulatory process.” President Obama hopes to sign the bill into law by the Fourth of July. In weekly address on Saturday,

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-72705170832427236312010-06-22T07:48:00.001-04:002010-06-22T07:51:40.729-04:00

While Lawmakers have yet to tackle the most controversial, divisive issues of the financial-revamp bill, we are seeing some large Investment Management entities including Hedge Funds begin to interview for new Compliance and Legal requisitions. Of current opportunities, one not posted on any website requires 10+ years in Investment Management Compliance. This is located in Stamford, CT. The

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-13031103946195468232010-06-15T17:51:00.010-04:002010-06-16T07:00:19.400-04:00

What are the reasons why bending the ear of lawmakers suddenly has become a bigger challenge for financial-services industry lobbyists? Some lawmakers want to avoid the slightest appearance that Wall Street is getting another chance to throw its weight and money around on key provisions of the bill, including toughened oversight and other bank/securities cash cows.Although Democrats are hoping to

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-30961322663501009492010-06-08T19:52:00.012-04:002010-06-09T06:39:51.563-04:00

Financial landscape changes before overhaul is complete. SEC Anti-Flash Crash Rules in Place any day.As shared on LinkedIn today, Compliance/Legal/Audit types may very well like a fresh, yet historical take on "the Con" - in the post-bubble. Madoff, Stamford era. The book "Taking the Conn and Nicking the Con" by John Hauss is so well-written with personal and historical anecdotes - of Cold War

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-1622274824276642582010-06-01T15:20:00.005-04:002010-06-02T09:48:15.580-04:00

Can any Broker-Dealer, Investment Advisor Compliance Officers mention any experience you have had yourself or observed with retaliation for "Whistleblowing." Are you aware of any study, survey or article regarding the extent to which compliance officers are concerned that they may be subjected to retaliation or other adverse action as a result of their activities? This question was asked at

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-29349501743757480522010-05-31T17:05:00.000-04:002010-05-31T17:05:36.427-04:00

Remembering doesn’t do the remembered any good, of course. It's for ourselves, the living. I wish we could dedicate Memorial Day, not to the memory of those who have died at war, but to the idea of saving the lives of the young people who are going to die in the future if we don’t find some new way – some new religion maybe – that takes war out of our lives. That would be a Memorial Day worth

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-63400557630751345872010-05-25T19:15:00.001-04:002010-05-25T19:15:49.770-04:00

FINRA - Annual Conference kick-offs tomorrow following yesterday's announcement that it Fined Piper Jaffray $700,000 for Email Retention Violations, Related Disclosure, Supervisory and Reporting ViolationsRetention issue: Finra fines Piper Jaffrey over email archiving – As summarized by the Investment News, Finra on Monday said the firm failed to keep 4.3 million e-mails from late 2002

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-49782049709909912412010-05-18T14:30:00.003-04:002010-05-18T15:30:10.628-04:00

Hedge funds have bounced back in a big way from the financial calamity of 2008, but that hasn’t stopped regulators from trying to hit the industry with new rules. Continue reading this at Dealbreaker. which provides a link to CNBC which notes this could spur even more consolidation along the lines of Man Group/GLG deal yesterday. Hedge Fund Inquiry Will Slam Small Funds [CNBC.com] Dealbreaker

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-32885091113961859252010-05-04T11:17:00.000-04:002010-05-04T11:17:26.890-04:00

NYSE Regulation, a not-for-profit subsidiary of NYSE Euronext, will oversee Finra's performance of regulatory services for its markets, according to a news release. Finra Chairman Richard Ketchum said in a statement that the deal allows the group "to have a more holistic, cross-market approach to regulation" amid "fragmented markets, aggressive competition and complex trading strategies."

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-39869014044535578842010-04-30T23:13:00.001-04:002010-05-01T01:27:24.872-04:00

While Members of Congress Voice Opposition to Trading of Movie Box-Office Futures following the CFTC approval of initial proposals from both Media Derivatives, part of Scottsdale, Arizona-based Veriana Ventures, and Cantor Fitzgerald's Cantor Exchange unit, Katie Couric has opined.From Katie at CBS News:Movies are like kernels of corn, some of them pop big but a lot of them end up duds at the

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-78183248892832455322010-04-21T08:48:00.008-04:002010-04-21T17:23:50.323-04:00

In a Wall St Journal Op-Ed WSJ today, Gary Gensler CFTC chairman: addresses how OTC Derivatives should be routed through a central clearinghouse. Not being cleared in a central location cause markets to be "too interconnected to fail. This part of the reform bill will greatly reduce interconnectedness and the need for future bailouts," Gensler writes. Read WSJ Op-Ed. JOB Opportunities for

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-4279390045466457272010-04-18T08:08:00.002-04:002010-04-18T08:51:27.915-04:00

Meet wanna-be homeowners, mortgage originators, The enablers. AKA the rating agencies...this is courtesy of Courtney Comstock, a writer at Clusterstock. SEC case against Goldman and Fabrice Tourre* has a spotlight back on the mortgage crisis. Tourre allegedly packaged CDOs filled with very risky mortgage bonds and then marketed them to investors by telling them that Paulson was long. He wasn't.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-1600630324677135832010-04-16T18:20:00.012-04:002010-04-17T09:06:35.443-04:00

In his weekly address, Obama called Senate McConnell’s mantra that the financial regulatory reform bill would amount to a bailout bill a “cynical and deceptive” argument. Obama said he will veto a financial regulatory reform bill that does not regulate the derivatives market properly. See More. Summary is from RawStory.com Asked by the Boston Globe how he'd like to see the bill improved, Ted

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-24713478105567285432010-04-14T08:01:00.004-04:002010-04-14T15:34:48.675-04:00

President Obama met with Democratic and Republican leaders from Congress to discuss passing an overhaul of financial regulation. House passed its version of regulatory reform, and the Senate banking committee approved its bill. Republican opposition to the legislation has caused it to stagnate in the full Senate as reported by Reuters and AP.Rosenthal Job Board now shows: Alternative Investment

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-67257644971603745882010-04-13T10:49:00.002-04:002010-04-13T10:53:41.476-04:00

Thinking about Registration changes on the Buy Side ? YOU ARE INVITED to a free Webinar hosted by Garrity Graham Setting up a Mutual Fund Today April 13th, 2010 Time: 11:00 a.m. – 12:30 p.m. EST -Disclosure requirements - migrating from private to public disclosure -Practical issues with accounting and disclosure regulations -Service providers - how they help and assist fund

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-23811770428160415242010-04-08T06:53:00.006-04:002010-07-05T09:17:58.588-04:00

The first to testify to the Financial Crisis Inquiry Commission (FCIC), was former Fed Chairman Alan Greenspan who defended the central bank's record on consumer protection. Phil Angelides, who is chairman of the panel, asked Greenspan. "You could've, you should've and you didn't" do enough to regulate. More from WSJ (via The Australian) in piece titled "Greenspan, panel spar over Fed's role in

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-22776668807481790522010-04-03T17:43:00.004-04:002010-04-03T19:16:19.838-04:00

Have you seen ads to Stop the CFPA? It is appearing today at this Compliance and Financial Blog.Click on the Advertisement and then you go to stopthecfpa.com, a nicely put together website credited to the U.S. Chamber of Commerce. Includes various videos, news links which include these articles: CFPA: Duplication, Not Consolidation: The CFPA will subject the vast majority of businesses to two

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-40980305033919817252010-03-26T18:05:00.011-04:002010-03-28T10:09:44.742-04:00

Rosenthal Recruiting was included in a post today on FINS.com - part of The Wall Street Journal Digital Network - in an article called “Where Compliance Pros Connect Online.” In addition to FINS' mention of what she referred to as "Compliance Oversights", a Rosenthal Recruiting 'trusted partner' was included as well. Bill Singer, whose Broke and Broker blog is listed at RosenthalRecruiting.com

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-74446226154308741862010-03-23T11:53:00.006-04:002010-03-24T03:07:40.626-04:00

Can regulatory agencies enforce and put in place new rules, without being able to recruit, train and retain effective staff? When it comes to the Securities and Exchange Commission (SEC), few would argue the need for upgrading employee training to ensure that financial malfeasance is detected sooner - this is written by FINS - used the word "sexy" and an editor there suggested it for this

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-67901911311733770162010-03-20T10:23:00.008-04:002010-03-21T07:44:42.537-04:00

One person who has looked good in the Lehman mess is Matthew Lee. In May '08, Lee sent a letter to management detailing problems with firm accounting. The letter didn't mention Repo 105, though Lee told Lehman auditor E&Y about that a month later, it does mention several other issues. DealBook obtained the May 16, 2008 letter by Lee, and it's available for you to read. The letter was addressed

Stuartnoreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-52125068417722928502010-03-13T08:42:00.004-05:002010-03-14T13:41:13.423-04:00

Spring in the air, will there be any Lehman canaries? WSJ reports today that Legal Experts Say a Lehman Criminal Case Would Be Difficult. Peter Henning follows white-collar crime issues for DealBook. Henning notes that the bankruptcy examiner’s report filed by Anton Valukas on Lehman discusses accounting gimmicks reminiscent of how Enron tried to prop up its balance sheet in 2001 before it

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-46206074863641046142010-03-11T10:31:00.000-05:002010-03-11T10:31:24.273-05:00

U.S. Treasury Secretary Geithner has written to the European Commission warning that plans to regulate hedge funds and private equity firms could cause tensions with Washington, The Financial Times reported. Citing a letter but not quoting from it directly, according to the FT report. Geithner wrote to Michel Barnier, European commissioner in charge of market regulation, on March 1 saying the

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-88255510221928363672010-03-09T08:15:00.010-05:002010-03-09T09:17:41.924-05:00

Way Up from the bottom, with Wall Street and Big Bank's recent financial results, Rosenthal Recruiting sees the 'Employment Scene' picking up with the biggest firms strategic moves and smaller niche firms launching, expanding or adding capabilities such as Research and revenue producers. Example of a new - or 'reformed' niche entrant: Mark Madoff will start his own research boutique firm. "

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-62383698905189237562010-03-04T08:27:00.001-05:002010-03-04T08:34:06.402-05:00

President Obama yesterday sent Congress the Volcker Rule language, and as PE HUB notes it would indeed ban banks from investing in private equity or hedge funds. If enacted, this would mean at least two things: (1) Banks with direct investing arms would have to divest, either via sales to PE firms or indipendent spinouts. In either case, it's unclear if existing bank LP commitments to those

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-36615953816822638722010-02-25T09:17:00.001-05:002010-02-25T09:23:44.551-05:00

Financial crisis was the worst in a generation — unless you were an American investment banker, Reuters' Breakingviews says. Employment in the securities industry fell by just under 79,000 positions from the peak in June 2008 to last month, according to the Bureau of Labor Statistics. That’s no small number. But it’s actually 14,000 shy of the number of jobs lost during the rout of March 2001 to

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-71170375993728386922010-02-17T08:10:00.003-05:002010-02-17T08:51:43.657-05:00

While the younger generation, visibly led by Goldman CEO Lloyd Blankfein, lobbies Congress against such regulation, their spiritual elders support the reform proposed by Paul Volcker and even more restrictions. Meanwhile, JPMorgan analysts have outlined a worst-case regulatory scenario. What will happen if all financial regulatory proposals made by governments worldwide are implemented at the

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-1748008683934949952010-02-16T08:05:00.000-05:002010-02-16T08:05:31.578-05:00

As Mary Schapiro took the lead as SEC Chair last year, she vowed to quickly pursue short-selling restrictions and other changes. More than a year later, the SEC has not established additional limits on short selling or made most of the other regulatory changes it had proposed. Today Schapiro defends the SEC's progress: "It can take more time than one might have thought at the outset," she said. "

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-8442066624516167482010-02-08T08:50:00.006-05:002010-02-08T11:04:04.206-05:00

According to a new poll, 76% of Washington insiders say financial regulation will head to desk of President Obama in 2010. The House in December passed a wide-ranging package of regulations. Senate Banking Committee Chairman Dodd said Friday bipartisan negotiations on his panel reached an impasse and that he would draft overhaul legislation by the end of February. See more poll results from The

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-64123979964834674712010-01-31T13:17:00.000-05:002010-01-31T13:17:51.540-05:00

The watchdog charged with monitoring $700 billion government bailout unleashed one of his harshest criticisms of the program to date, questioning its overall effectiveness. In his latest quarterly report to Congress, special inspector general Neil Barofsky said that the TARP failed to boost bank lending as well as halt the spread of foreclosures -- two key aims of the sprawling program. More at

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-9356586950917536052010-01-25T13:35:00.005-05:002010-01-26T09:19:40.702-05:00

FINRA Regulatory Notice 10-06 clarifies responsibilities to supervise the use of social networking sites to ensure suitabliliy of recommendations and that customers are not misled. The Notice also addresses recordkeeping and other responsibilities. Each firm must develop its own policies and procedures — in the context of its own particular business model and compliance and supervisory programs.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-84154447827738459832010-01-20T08:42:00.005-05:002010-01-20T09:22:32.009-05:00

Option symbols have been confusing for many. Option symbols will soon be new & improved. Options Clearing Corporation (OCC) joined with industry representatives to devise the Options Symbology Initiative (OSI). Industry expects to spend hundreds of millions of dollars on infrastructure and software alterations. The Options Pricing Regulatory Authority (OPRA) mandated a simpler method for

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-6488022836334636592010-01-15T10:45:00.009-05:002010-01-19T11:12:23.870-05:00

Goldman Delays Release of Bonus Details. Had been expected to give staff the outline of their bonuses today (1/19)- before full-year results are released. Article from Reuters via ABC News UPDATE: JP Morgan's 24,654 investment bankers, including nearly 5,000 in London, will get an average of $379,000 each. Guardian UK: JPM "surfed a wave of recovery in global markets to notch up" year-end

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-8465298095994680852010-01-14T00:15:00.001-05:002010-01-14T00:16:34.214-05:00

New York-based Broker-Dealer Opportunities. FINRA Member Broker-Dealer is looking for a Chief Compliance Officer. Must have minimum of 5 years of experience. Should have been a CCO or reported to directly to the CCO in a retail environment, that offers Research and Underwriting activities. Municipal and Options Securities preferred. See more and APPLY. Regulatory Compliance Attorney needed to

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-1845082732674518702010-01-13T09:33:00.004-05:002010-01-13T09:40:46.688-05:00

This is a rare opportunity to play a key leadership role in public broadcasting and to build a powerful NY radio station and brand known for excellence and innovation. Submission Deadline: January 22, 2010 See More or contact Stuart Rosenthal. Radio Gaga and four other Rock genre selections.

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-5209976323312059332010-01-09T20:29:00.002-05:002010-01-10T09:24:38.209-05:00

If you only read the general media reports such as U.S. Job Losses in December Dim Hopes for Quick Upswing - it sure doesn't seem to include bright news. As reported in the Investment News, one bright spot in the disappointing jobs report was the fact that the financial-activities sector of the economy added jobs for the first time since July 2007. Financial activities showed a net gain of

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-58797355961447332482010-01-08T19:13:00.008-05:002011-02-12T10:32:52.742-05:00

In an interview, Wilco's Jeff Tweedy answered the question: Why is the band called Wilco? Tweedy said "it means 'will comply'in radio signaling and struck me as an ironic name for a rock band, which is historically responsible for not complying." See and hear Wilco's Jeff Tweedy - perform "I'll Fight" (Live at Farm Aid 25)or the full Band Live in Concert on October 8th 2009. Full Interview

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-45956424401510020072010-01-04T09:26:00.001-05:002010-01-04T09:49:19.960-05:00

THE beginning of the year offers a good opportunity to review every element of an employment search, from résumés to thank-you notes. Take a good look. Mishandling just one piece of the process could keep you from getting a job. Here is a checklist that covers some of the major links in the job search chain. Read on about one of the few 'stars' to emerge from the financial crisis and his path

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-66370610920700801922009-12-28T13:47:00.001-05:002009-12-29T07:33:30.434-05:00

Should you have missed the Christmas Eve news, Bernie Madoff landed in the hospital. Official account says that he "fell out of bed." Local TV station reported, "Madoff came to Duke with facial fractures, broken ribs and a collapsed lung." Gary Weiss noted you don't get that from 'falling out of the bunk' or from "high blood pressure."

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-68377265161608018012009-12-22T09:31:00.002-05:002009-12-22T09:52:15.877-05:00

Wall Street is seeing a special kind of payday. Outsize fees are even providing a bit of funhouse-mirror distortion to so-called league tables, which rank banks based on the size of the deals they handle each quarter. Banks that were in such bad shape that they needed the government’s aid are now getting bragging rights from raising money to replace the capital they have returned to the

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-77661885899496730872009-12-19T16:40:00.000-05:002009-12-19T16:40:07.783-05:00

Compliance and internal audit were not spared layoffs. According to a poll by Deloitte Financial Advisory Services, 27% of executives reported reductions in these areas in the past 18 months, despite the fact that compliance experts and internal auditors were heavily recruited just a few years ago, in the wake of the Sarbanes-Oxley Act. As reported by CFO Magazine, for compliance staffers left

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-60325011179632708872009-12-12T12:30:00.002-05:002009-12-12T14:22:10.605-05:00

Bernie Madoff's former assistant, Eleanor Squillari (pictured) hopes to begin a new career in cosmetology. She knows she'll 'never get a job in finance.' Madoff sons and other employees are frequently confronted with the notoriety, shame and anger synonymous with a firm that seemed to hum along quietly and profitably until a year ago. Even workers with no suspected connection to the Ponzi scheme

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-73975852009233537372009-12-08T08:00:00.004-05:002009-12-08T13:13:44.555-05:00

In an unusual meeting involving Fed Chairman Ben Bernanke, FDIC. Chairwoman Sheila Bair and SEC Chairwoman Mary Schapiro, Treasury Secretary Timothy Geithner said "enough is enough" as he criticized the regulators for hindering progress of the financial regulatory overhaul, sources said. Although the revamp is a top priority for President Barack Obama, regulators and the financial-services

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-74067462832343783732009-12-01T17:28:00.003-05:002009-12-01T18:11:20.473-05:00

In anticipation and based on actual assignments, experience with a Federal Banking agency such as the Federal Reserve, Office of the Comptroller of the Currency, Office of Thrift Supervision is now needed for full-time employment with one prestigious Client of Rosenthal Recruiting. Responsibilities of these Positions include: •Advising clients on a variety of regulatory advisory services that

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-4174326767918692292009-11-30T09:42:00.012-05:002009-11-30T10:33:27.040-05:00

WSJ Reports today that Art Dealers say bonus expectations are stoking strong bidding. Andy Warhol painting "200 One Dollar Bills" fetched $43.7 million at Sotheby's this month is pictured. Go to WSJ article via Google. Flight Options Inc., which sells blocks of flight time on private planes starting at $97,000, says sales are up sharply in the past month. One popular route: the three-hour flight

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-76690395188440921522009-11-25T10:31:00.002-05:002009-11-25T10:36:51.180-05:00

The California Public Employees’ Retirement System, the nation’s biggest pension fund with $200 billion, has launched an internal investigation into its own oversight of hedge fund deals, The Los Angeles Times reported.Calpers found that it had paid $36 million to two hedge fund advisors who were working without contracts, exposing the fund to legal and financial risk. The head of its hedge fund

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-74980738049934741052009-11-19T06:30:00.003-05:002009-11-19T06:42:14.111-05:00

"We need to become more nimble and faster about doing our cases," Finra Chief of Enforcement Susan Merrill said. She said she's taken to reciting the nursery rhyme "Jack be nimble, Jack be quick" around the office.As reported by Dow Jones FINRA is likely to spend more time in broker-dealer offices. On-site inspections and examinations are "something we're going to use a lot more going forward,"

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-56452962717453467382009-11-10T10:33:00.009-05:002009-11-11T06:46:57.434-05:00

With hedge fund now the target of insider trading allegations, the alternative investments industry is again in the eye of a storm: PMs in handcuffs and wiretaps, cash payments in briefcases and 007 code names are tantalizing the public. Ron Resnick, of financial consulting firm CounselWorks, contends there is a smarter way to regulate hedge funds.Resnick writes that there is a way to address

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-63040735091043289212009-11-09T17:20:00.004-05:002009-11-30T23:30:22.118-05:00

Financial regulatory reform is poised to emerge in a form that risks being just more of the same, if clear segmentation of oversight duties is not set-out in bright line separation of duties. Says Pat O’Mara, CEO of New York’s Cardinal Compliance Services (www.cardinalcompliance.com), “Instead of more ambiguity there must be a clear road-map for industry professionals to follow, outlining all

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-75049991957018051162009-11-04T08:32:00.009-05:002009-11-09T22:12:33.338-05:00

Following last week's House Committee on Financial Services clearing a bill that would require most alternative investment fund managers to register with the SEC you may wish to read an overview of how and what to do to prepare your Firm for Registration.In a column late this summer Thomson's BuyoutsNews prodded buyout shops to take a stronger stand against proposed legislation requiring them to

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-74949265149516478942009-11-01T23:58:00.006-05:002009-11-02T13:57:36.890-05:00

Some 4,200 advisory firms can expect more oversight and higher costs under legislation that would remove them from SEC oversight and place them under state regulation. Investor Protection Act of 2009, which the House Financial Services Committee is expected to approve this week, contains an amendment by Rep. Barney Frank (photo), that would raise the threshold for SEC registration of investment

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-39576243893341211232009-11-01T02:12:00.006-05:002009-11-01T07:59:46.655-05:00

S.E.C. inspector general, H. David Kotz concluded in his full report that inexperienced and sometimes incompetent staff members had failed to adequately investigate numerous warnings and tips about the enormous Ponzi scheme.New exhibits consist of 6,157 pages of interviews, letters, e-mail messages, telephone records and other background material gathered during a 10-month investigation of how

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-53102748773945890172009-10-29T09:50:00.005-04:002009-10-29T14:53:24.467-04:00

Rick Ketchum, FINRA chairman and CEO called for the creation of a single repository of data on all trades on all markets so that the financial industry could be “surveilled by a unified single regulator.” A single regulator can “bring the best technology, the best people, and a unified set of rules” to bear on markets. He called his proposal “somewhat daunting” but “a significant undertaking and

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-5248751467749654262009-10-27T17:01:00.016-04:002009-10-28T00:57:43.634-04:00

Hedge fund registration in the U.S. again approaching. House Committee yesterday approved a bill that includes a one-year transition period before registration with the S.E.C is mandatory. The bill’s author, Rep. Susan Kosmas (picture from FinAlternatives) said the delay is needed to allow both sides to get their ducks in a row.“The SEC will need time to prepare for the additional

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-33392116120755008502009-10-27T09:38:00.008-04:002009-10-27T10:12:54.185-04:00

“Dark Pools” benefit both institutional and retail trading by bringing down transaction costs, Goldman Sachs said in a memo to the S.E.C.Last week the S.E.C. voted to make dark pools more transparent, such as revealing electronic trading messages that are sent to a limited group of market participants.Tiny Memo URL is http://tiny.cc/ozoomFrom: Smeeta Ramarathnam, Office of Commissioner

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-4633588354484928912009-10-19T10:25:00.019-04:002010-01-04T13:18:14.436-05:00

Q&A w/Bill Singer:Do you think we've seen the worst? Rosenthal: Although improved since the Bear and Lehman crises, I don't think we will ever return to the staffing levels of the last bull market, at least, not for this generation. We are still adjusting to the new world order. Singer: What are the chances of Wall Street embarking upon the rehiring of the tens of thousands of folks who have

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-64480491146846811862009-10-17T10:55:00.008-04:002009-10-19T14:45:24.674-04:00

Insider trading case brought against Raj Rajaratnam, self-made billionaire who founded the Galleon GroupCase is fascinating on multiple levels. Sheer size of the purported network, with unnamed co-conspirators and tipsters, is tantalizing. Who was the unnamed investor-relations employee who allegedly illegally spilled the beans on Google earnings? Who was the Akamai executive who did the same?

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-19786152106470008252009-10-14T13:47:00.001-04:002009-10-14T13:56:21.824-04:00

More than one in five hedge fund managers are lying to their investors, according to a new report.The study, conducted by a quartet of academics, founded that 21% of hedge funds misrepresent past legal or regulatory problems, while nearly three in 10 offer incorrect or unverifiable information about other topics, including assets under management and performance, the study shows.The study looked

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-41784813148055118912009-10-12T12:53:00.004-04:002009-10-12T13:02:12.877-04:00

Several former prosecutors say that the coming criminal trial of former Bear Stearns hedge fund managers Ralph Cioffi and Matthew Tannin, brought up on fraud charges in connection with the implosion of two funds, is far from a slam dunk. And they say that any attempt by the government to build a case based on anti-Wall Street sentiment could backfire.For the blood-thirsty, there’s the specter of

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-33213893304276335232009-10-08T08:56:00.005-04:002009-10-08T09:07:36.058-04:00

NYSE redesign, already under way at the Big Board's main trading room, is part of a broader strategic shift at the exchange. The exchange wants to lure more electronic traders directly to the floor, creating a hybrid world where they can take in the person-to-person "buzz" of live traders while still executing trades by computer.The changes could bring about another big cultural change: traders

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-42722002954786427112009-10-07T10:07:00.004-04:002009-10-07T10:47:39.013-04:00

Bloomberg reports on survey from a leading Career website: “This finding may rile regulators who have concluded that compensation arrangements often created incentives for risk- taking with insufficient regard to longer-term risks.” Of the quarter of respondents who anticipate a smaller bonus, 54% attribute it to their firm’s performance and 20% to a change in pay structure. Citi, Morgan Stanley

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-67713844938634923312009-10-05T11:51:00.003-04:002009-10-05T12:04:49.870-04:00

Private equity firms, former executives and Investment Banks profited as the Simmons Bedding Company fell into bankruptcy, devastating its bondholders and employees.Presidents have slumbered on its mattresses aboard Air Force One. Dignitaries have slept on them in the Lincoln Bedroom. Its advertisements have featured Henry Ford and H. G. Wells. Eleanor Roosevelt extolled the virtues of the

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-22176594822080565712009-09-30T08:39:00.011-04:002009-09-30T08:55:14.663-04:00

Last week, the Group of 20 announced that they had agreed to a far-reaching effort to revamp the economic system, which, if carried out by governments, would lead to much tighter regulation over financial institutions, complex financial instruments and executive pay. They could also lead to big changes and more outside scrutiny over the economic strategies of individual countries including the US

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.comtag:blogger.com,1999:blog-4471179769465189011.post-58107585695535124492009-09-23T16:23:00.005-04:002009-09-23T16:37:34.002-04:00

Obama administration on Wednesday abandoned a significant provision in the face of widespread political and industry opposition. It dropped a requirement for financial services companies to offer “plain vanilla” products, like 30-year fixed mortgages and low-interest, low-fee credit cards. NYT discusses political cave-in. and that unity from the darkest days of the crisis have dissolved. The

Stuart Rosenthalhttps://profiles.google.com/114998148439048743578noreply@blogger.com