Robert Greene Mentioned in South China Morning Post on China Digital Currency
Robert Greene, Vice President and Chief of Staff at Patomak, was mentioned in a South China Morning Post article entitled "China digital currency: leading mobile payment apps Alipay, WeChat Pay install new features to help widen e-CNY roll-out." The article discusses...
Randy Kroszner Discusses What to Expect from the Fed during the FOMC Meeting
Randy Kroszner, Chicago Booth School Deputy Dean for Executive Programs, Professor of Economics, and Former Federal Reserve Governor discusses what to expect from the fed during the FOMC meeting next week. Kroszner says that the fed needs to "act boldly" to ensure...
Patomak Team Supports FalconX as First Cryptocurrency-focused Swap Dealer with the CFTC
Patomak was honored to be a part of the team supporting FalconX as it registered the first cryptocurrency-focused swap dealer with the Commodity Futures Trading Commission and National Futures Association. FalconX is a digital assets and cryptocurrency platform for...
Patomak Senior Advisor Marshall Lux’s New Harvard Kennedy School Paper on “Buy Now, Pay Later” Companies Examines Risks and Regulatory Options
Patomak Senior Advisor Marshall Lux co-authored a new working paper with Bryan Epps of the Harvard Kennedy School that takes a close look at the “Buy Now, Pay Later” sector. Despite the significant growth in recent years of BNPL companies, they are far less regulated...
New CFPB Position Regarding Discrimination in Financial Products and Services Requires More Compliance Work From Companies
On March 16, 2022, the Consumer Financial Protection Bureau (CFPB) announced its intent to expand the agency’s interpretation of its authority regarding its ability to prohibit discrimination. The agency’s anti-discrimination authority will now apply to all financial...
Paul Atkins says new SEC Crypto Accounting Bulletin is Proof Agency has more Work to Do
Patomak CEO Paul Atkins is quoted in a Yahoo Finance article about the Securities and Exchange Commission’s proposed cryptocurrency accounting standards published in an agency bulletin on March 31, 2022: “This bulletin is further evidence that the Commission needs to...
Patomak Experts Discuss the SEC’s Proposed Climate Disclosure Rule
On March 21, the Securities and Exchange Commission voted 3-1 to advance for public comment a proposed climate disclosure rule. Patomak’s Paul Atkins and Paul Ray teamed up with experts from Invariant on a webinar to analyze the proposal and what it might mean for...
SEC Proposes Rules on Climate Disclosures
Background On 21 March, the U.S. Securities and Exchange Commission (“SEC”) held an open meeting to consider proposed rules which would require public companies to disclose additional climate-related information. The agency voted to officially propose the rules in a...
Bloomberg TV: Patomak’s Robert Greene Talks About Potential Financial Impacts of U.S. Sanctions on Russia
Patomak Vice President and Chief of Staff Robert Greene joined Bloomberg Markets Asia TV on February 28, 2022 to talk about the implications of disconnecting Russian banks from SWIFT and recent U.S. sanctions, as well as what these developments mean for China-Russia...
BlockFi Settlement Shows SEC Applying Old Rules to Crypto
The recent BlockFi settlement with the Securities and Exchange Commission (SEC) made clear that the agency considers certain digital-asset product offerings “securities” under two long-standing tests. The action also marked the application of an additional regulatory...