Clearer Cooperation Could Have Produced Bigger 'Pot' of Lehman Assets for Creditors

If clearinghouses for derivatives and securities could have viewed all the Lehman Brothers assets they held in one pot, they likely could have returned millions of dollars more to creditors after the investment bank imploded in September 2008.

Brokers Seeing Red Over FINRA's 30-Day Notice Proposal

A proposal from the Financial Industry Regulatory Authority requiring 30-day written notice of a broad variety of changes has aroused fierce industry opposition. The grounds: The details about daily business that would be required to be disclosed are overreaching, and reporting them would be a significant burden on the industry's operations.