Jeff Jinnett: The Film “The Hurt Locker” as the “I Ching” for Today’s CIO

Quote from the film “You’ve Got Mail” (Tom Hanks as “Joe Fox” to Meg Ryan as “Kathleen Kelly” as she asks for advice as to how her small neighborhood book store can compete with a large national bookstore chain): “The Godfather is the I Ching. The Godfather is the sum of all wisdom. The Godfather…

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Jeff Jinnett: Proposed Financial Services Regulatory Reforms (Part II): Possible Business and IT Impacts

In our last blog posting, we summarized the Obama administration’s proposed financial services industry regulatory reforms, as set forth in its “New Foundation” white paper[1]. The following are some of the possible business impacts of the changes, if enacted into law: For hedge funds and private equity funds (and their advisors) required to register with…

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Jeff Jinnett: Obama Administration Proposed Financial Services Regulatory Reforms (Part 1): An Overview

On June 17, 2009, the U.S. Department of the Treasury issued a white paper entitled “Financial Regulatory Reform – A New Foundation: Rebuilding Financial Supervision and Regulation” (the “New Foundation White Paper”).(1)  The New Foundation White Paper outlines the Obama administration’s proposals for significant changes in the framework under which financial institutions are regulated by…

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Jeff Jinnett: IT Approaches to State Law Preemption Under the Proposed Consumer Financial Protection Agency

On June 17, 2009, the U.S. Department of the Treasury issued a white paper entitled “Financial Regulatory Reform – A New Foundation: Rebuilding Financial Supervision and Regulation”(1).  This document sets forth the vision of the Obama administration for a new federal regulatory regime for the U.S. financial services industry. One proposed change is to create…

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