PwC discusses Market Making Exemption Under the Volcker Rule

By Dan Ryan, David Sapin, Christopher Scarpati, Kevin Pilarski and Vishal Mahadkar March 12, 2015 by Christopher Scarpati

With less than six months to conform to the Volcker Rule’s proprietary trading restrictions, large banks are working quickly to build out their compliance programs. Last summer, they scrambled to build systems to report monthly seven metrics by September 2, …

PwC discusses FINRA’s Proposed Margin Rule on TBA Transactions

By Dan Ryan, Christopher Scarpati and Grace Vogel July 29, 2014 by Christopher Scarpati

With over $186 billion in average daily trading volume, the To-Be-Announced (“TBA”) market serves as a significant funding and hedging vehicle for consumer mortgage origination. Although a large portion of the TBA market is comprised of highly liquid agency MBS, …

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

Christopher Scarpati

PwC discusses Market Making Exemption Under the Volcker Rule

PwC discusses FINRA’s Proposed Margin Rule on TBA Transactions