Sentences with phrase «u.s. financial regulator»

News of the top U.S. financial regulator probing the growing market for «initial coin offerings» (ICOs) may have briefly knocked the price of Bitcoin, although the cryptocurrency seems to have since recovered.

A top official for a U.S. financial regulator is urging players in the burgeoning cryptocurrency sector to boost their self - policing.

Meet #cryptodad, a top U.S. financial regulator who's emerged as a cult hero for a crowd that's often suspicious of government bureaucrats: digital coin enthusiasts.

A senior U.S. financial regulator purchased bank stocks while his nomination for the job was under review, financial disclosures indicate.

On Tuesday morning at 10 a.m. ET, the Senate Banking Committee will hear testimony from the top two U.S. financial regulators on the opportunities, challenges, and dangers of bitcoin and other cryptocurrencies.

We have represented large domestic and foreign financial institutions and other companies in connection with some of the most prominent enforcement matters brought by U.S. financial regulators, the Office of Foreign Assets Control (OFAC), the Department of Justice and the SEC, involving sanctions, anti-money laundering and anticorruption issues.

Leading U.S. financial regulators expressed an uneasiness Tuesday with the rapid rise of bitcoin — and signaled that new regulation of virtual currency could be on the horizon.

Two U.S. financial regulators are increasing their agencies» commitment to bringing closer scrutiny to the country's cryptocurrency industry.

Not exact matches

For months there have been reports that some U.S. regulators were weighing watering down some of the mortgage curbs proposed after the financial crisis.

The allegations come from workers at the bank regulator known as the Financial Crimes Enforcement Network (FinCEN), which maintains a database of suspicious transactions in the U.S..

After all, the lack of a Canadian national regulator didn't seem to be a significant obstacle in managing the financial crisis of 2008 - 9, and the presence of a national regulator wasn't enough to prevent the U.S. financial meltdown.

NEW YORK, April 12 (Reuters)- Global energy giants Chevron Corp and Exxon Mobil have asked U.S. regulators for exemptions to the nation's biofuels policy that have historically been reserved for small companies in financial distress, according to sources familiar with the matter.

Reuters reported earlier this month that they have asked U.S. regulators for exemptions to U.S. biofuels rules that are typically only given to small companies in financial distress.

These included updates on compensation - related regulations and guidance issued by the Board of Governors of the U.S. Federal Reserve System (Federal Reserve Board) and other U.S. federal banking regulators, the Financial Stability Board, the United Kingdom Financial Services Authority and other regulators around the world.

11.17.2010 — IPT News Release: Tackling Investment Swindles Of Seniors As A Medical Problem - 24 Securities Regulators Across U.S. To Train Doctors To Spot & Report Elderly Financial Victimization

WASHINGTON U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.

Not only has China banned all ICOs pending an investigation — they could return in a regulated fashion — but the SEC in the U.S. and financial regulators in Singapore, Hong Kong, Korea, Canada and Russia are among those looking into whether ICOs fall under securities regulation.

Just when you thought Wall Street's heist of the U.S. financial system couldn't get any crazier, along comes a regulator's report on FDIC - insured banks exposure to derivatives.

Additional information about material risk factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward - looking statements may be found under «Risk Factors» in our most recent Annual Information Form, under «Risk Management», «Risk Factors» and «Critical Accounting and Actuarial Policies» in our most recent Management's Discussion and Analysis, in the «Risk Management» note to our most recent consolidated financial statements and elsewhere in our filings with Canadian and U.S. securities regulators.

The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital currency futures, it said on Thursday, amid rising concerns over the risks bitcoin poses to the financial system.

«A new U.S. rule aimed at restoring consumers» ability to band together to sue financial companies has survived its first challenge, as a top banking regulator on Monday said he would not petition for it to be suspended... «The rule is a well thought - out response to the serious consumer harm of forced arbitration,» said Brian Marshall, policy counsel for advocacy group Americans for Financial Reforfinancial companies has survived its first challenge, as a top banking regulator on Monday said he would not petition for it to be suspended... «The rule is a well thought - out response to the serious consumer harm of forced arbitration,» said Brian Marshall, policy counsel for advocacy group Americans for Financial ReforFinancial Reform.»

Kevin's government service includes roles as an enforcement trial lawyer, as counsel to a commissioner at the U.S. Commodities Futures Trading Commission (CFTC), as a regulator at the U.K. Financial Conduct Authority, and as counsel in the U.S. Senate.

Designing incentives for market makers in an era dominated by «high - frequency» electronic trading is one of the crucial challenges in today's financial markets, according to the latest report from U.S. securities regulators outlining ways to prevent a repeat of the «flash crash» of May 6, 2010.

For example, if Bitcoin is not a currency, then Bitcoin forwards and Bitcoin swaps that involve the exchange of Bitcoin for another currency will not fall under the statutory definitions of the more lightly regulated foreign exchange forwards or foreign exchange swaps.10 Likewise, retail trading of Bitcoin derivatives will be limited to designated contract markets, rather than subject to the retail foreign exchange dealer regulations.11 Treating Bitcoin as a commodity that is not a currency dovetails with the stances taken by other U.S. regulators such as the Financial Crimes Enforcement Network (FinCEN)(virtual currency does not have all of the attributes of real currency) 12, the Securities and Exchange Commission (Bitcoin investments are investment contracts because Bitcoin is a form of money) 13 and the Internal Revenue Service (treating Bitcoin as property for tax purposes).14

Those cases include decisions addressing the jurisdiction of the SEC, the CFTC and bank regulators over newly created derivatives and other financial instruments; the scope of the definition of a «security»; the availability of private damage actions; extraterritorial application of U.S. securities and futures laws; the standards of liability for fraud and manipulation; electronic trading markets; and the scope of fiduciary obligations of brokerage firms and banks.

The Illinois Department of Financial and Professional Regulation (IDFPR) has become the first U.S. regulator to join R3's blockchain consortium.

U.S. President Donald Trump has signed memos that instruct the Treasury Department to suspend two powers given to regulators following the 2008 financial crisis pending reviews by the agency.

«Crédit Agricole engaged in a series of schemes to evade U.S. sanctions and deceive its regulators,» said Anthony Albanese, the acting Department of Financial Services superintendent.

They included Kathleen Rice, a U.S. representative from Long Island who unsuccessfully challenged Schneiderman in the 2010 Democratic primary; Preet Bharara, the former U.S. attorney from Manhattan; Alphonso David, Cuomo's chief counsel; Michael Gianaris, a state senator from Queens and chief political strategist for the Democratic conference; Zephyr Teachout, a Fordham Law School professor who ran for governor in 2014; Letitia James, the New York City public advocate; Carrie H. Cohen, a former federal prosecutor who handled the trial of former Assembly Speaker Sheldon Silver; Rep. Sean Patrick Maloney, D - N.Y.; and Benjamin Lawsky, formerly the state's top financial regulator.

In it they wrote that policymakers, regulators, financial and academic institutions, among others, as well as the industries themselves can be structurally adverse to innovation — a posture that is blocking ingenuity and technological advances and stunting economic growth in sectors that account for at least 50 % of the U.S. economy.

The foreign company must provide detailed financial information to U.S. regulators, and to the sponsor, or «depositary,» bank or broker.

State financial regulators previously objected to the U.S. Department of Education's attempt to preempt state authority over student loan servicers and debt collectors on similar grounds.

The Financial Industry Regulatory Authority (FINRA), the independent regulator for U.S. securities firms, is warning the investing public about a recent auction rate securities (ARS) «phishing» scam that promises compensation from ARS settlements in exchange for personal information.

This positive sentiment change is likely supported by the Canadian banks» performance during the financial crisis, combined with years of a harsh U.S. regulatory environment, particularly against the largest banks (in stark contrast to Canada, which arguably has the most pro-bank regulator globally).

Our financial regulatory reform experience was cemented by our prominent role in advising clients, including the U.S. and U.K. governments, during the Financial Crisis of 2008; and the exceptional quality of our legal team that includes former top regulators, former senior in - house counsels to major financial institutions and former Supreme Court law clerks, all of whom combine Washington regulatory experience with the practical insights of transactionalfinancial regulatory reform experience was cemented by our prominent role in advising clients, including the U.S. and U.K. governments, during the Financial Crisis of 2008; and the exceptional quality of our legal team that includes former top regulators, former senior in - house counsels to major financial institutions and former Supreme Court law clerks, all of whom combine Washington regulatory experience with the practical insights of transactionalFinancial Crisis of 2008; and the exceptional quality of our legal team that includes former top regulators, former senior in - house counsels to major financial institutions and former Supreme Court law clerks, all of whom combine Washington regulatory experience with the practical insights of transactionalfinancial institutions and former Supreme Court law clerks, all of whom combine Washington regulatory experience with the practical insights of transactional lawyers.

TOKYO (AP)-- A senior U.S. Treasury official touring Asia has urged banks and financial regulators in the region and elsewhere to do more to tighten oversight of booming trading i

A bogus startup offering 8 % weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto - related financial crimes by U.S. regulators.

Spotify has long been rumored to go public via a rarely used financial maneuver and now, the move is drawing some attention from a notable source: U.S. regulators.

The U.S. Senate's financial services panel will hold a hearing next month with the country's top markets regulators to discuss bitcoin amid rising concerns over the risks cryptocurrencies pose to the financial system, a person with direct knowledge of the matter told Reuters.

In the U.S., financial regulators are at a loss when dealing with cryptocurrencies.

Galvin's comments came as the latest voice from the U.S. regulators in warning investors about risks associated with cryptocurrencies, following the Securities Exchange Commission and the Financial Industry Regulatory Authority earlier this month.

Meanwhile, it has been reported that the U.S. Trrasury's undersecretary for terrorism and financial intelligence has been pressuring Asian regulators to step up their oversight of digital currencies.

On Wednesday, March 28, 2012, the U.S. House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises held a hearing on «Accounting and Auditing Oversight: Pending Proposals and Emerging Issues Confronting Regulators, Standard Setters and the Economy.»

Regulators: Federal Reserve U.S. Office of the Comptroller of the Currency Federal Deposit Insurance Corporation U.S. Office of Thrift Supervision Federal Financial Institutions Examination Council (acts as coordinator)

On the House side where lenders are expected to appear before the Financial Services Committee on Thursday, U.S. Rep. Spencer Bachus, an Alabama Republican and next year's front - runner for chair of the panel, has criticized federal regulators instead of bankers.

To monitor Canadian generally accepted accounting principles applicable to the real estate industry; to monitor U.S. and international accounting standards; to recommend changes when necessary to the REALPAC IFRS and ASPE Handbooks; and to monitor financial reporting rules and policies issued by security regulators in Canada and the U.S.

The Bureau received over 2,800 comments on the TILA - RESPA proposal during the comment period from, among others, consumer advocacy groups; national, State, and regional industry trade associations; banks; community banks; credit unions; financial companies; mortgage brokers; title insurance underwriters; title insurance agents and companies; settlement agents; escrow agents; law firms; document software companies; loan origination software companies; appraisal management companies; appraisers; State housing finance authorities, counseling associations, and intermediaries; State attorneys general; associations of State financial services regulators; State bar associations; government sponsored enterprises (GSEs); a member of the U.S. Congress; the Committee on Small Business of the U.S. House of Representatives; Federal agencies, including the staff of the Bureau of Consumer Protection, the Bureau of Economics, and the Office of Policy Planning of the Federal Trade Commission (FTC staff), and the Office of Advocacy of the Small Business Administration (SBA); and individual consumers and academics.

Instead, as they seek to avoid another financial crisis, regulators» focus is on what might happen if Wells Fargo's enthusiasm wanes for housing, which comprised almost a fifth of the U.S. economy in more prosperous years.