Sentences with phrase «do as regulators»

Mr. Mataruka further stated that «In Southern Africa, what we have done as regulators, we have said that we will not allow [bitcoin] in our markets.»

Not exact matches

Should the Justice Department move to block the deal, it would come as something of a surprise, especially considering that the Justice Department's top antitrust regulator, Makan Delrahim, even said earlier this year that he did not think the deal presented a «major antitrust problem» due to the fact that neither of the two companies directly competes in the same spaces.
As it stands now, however, U.S. regulators don't see Bitcoin, as it stands now, as a currencAs it stands now, however, U.S. regulators don't see Bitcoin, as it stands now, as a currencas it stands now, as a currencas a currency.
Antitrust regulators should temper the power of these giants, just as they did with different degrees of success with AT&T (t), IBM (ibm), and Microsoft (msft).
Nor is it going to open up its algorithmic black box, as European regulators like German chancellor Angela Merkel want it to do.
Regulators have taken note of this technology; it is time everyone else does as well.
As a matter of practice, the SEC does not follow up on settlements to ensure there are no violations, according to a spokesperson for the regulator.
British politicians aren't exactly known as paragons of good decision - making right now, so Canadian regulators and the federal government may want to do the opposite of anything that's happening over there.
As for what regulators in Washington think about bitcoin, Cameron said, «I think everyone recognizes the innovation and doesn't want to stifle it.
She is hopeful, she said, that regulators will warm up to the sector as they did in Japan, now one of the most cryptocurrency - friendly environments, despite being home to Tokyo - based Mt. Gox, once the world's biggest Bitcoin exchange before its disastrous hacking in 2014.
Specific rules that mention net neutrality or traffic prioritization and the like are still a minority, but it can be a matter of interpretation as to the application of more general regulation to do with competition issues by sector specific regulators or competition authorities.
He noted that the existing CDS system is capable of doing real - time settlements, but speeding up the overall process for other players in the capital markets ecosystem such as regulators is difficult.
While recent changes to securities law permit companies to raise money from small investors through Kickstarter - style projects, the SEC noted the «DAO» project did not comply with formalities for doing so, such as registering as a broker - dealer or registering the website with regulators.
Displaying awards from reputable third - party sources such as industry regulators and trade magazines will boost confidence — just as it does when customers shop brands in the physical world.
BLUE SKY FEES AND EXPENSES: $ 35,000 A disadvantage of going public on the Nasdaq SmallCap Market, as Multicom discovered, is that state regulators do not automatically accept the new security for sale by brokers in their own states as they do with companies listed on the Nasdaq National Market, the New York Stock Exchange, and the American Stock Exchange.
The ruling sets up yet another battle between state regulators and the $ 41 billion Uber Technologies, which is on a quest to become a global car service that relies on drivers who don't require costly benefits such as health care.
Wealth management now delivers higher profits even as new government regulations like the Volcker Rule crimp trading, and it does so without the kind of risk that alarms regulators and investors.
When financial panics do come, regulators should be as consistent as possible in their responses to troubled financial institutions, ensuring that creditors know where their investments stand and thus don't run to dump them when good times give way to bad.
As Americans for Annuity Protection and others work on efforts to overturn this bad rule, we must all do what the rule does not - serve retirement savers» best interests — not regulators or special groups.
As we know, Canada is lagging behind other countries on this issue, and I believe it is time for governments and regulators in Canada to take positive measures as has been done elsewherAs we know, Canada is lagging behind other countries on this issue, and I believe it is time for governments and regulators in Canada to take positive measures as has been done elsewheras has been done elsewhere.
It does this by managing and providing liquidity to financial institutions, monitoring risks and cooperating with other organisations as part of the Council of Financial Regulators.
And after a data protection audit and re-audit by the Irish Data Protection Commissioner, in 2011 and 2012, the regulator recommended it shutter developers» access to friend networks — which Facebook finally did (for both old and new apps) as of mid 2015.
In early deliberations over the financial regulatory plan known as Dodd - Frank, Summers captured the president's imagination with a colorful analogy that emphasized the need for a new agency to protect consumer interests, saying banking regulators could not be trusted to do the job, according to participants in the meeting.
Although the Chief Justice acknowledged that this argument had some merit, the more determinative factor — and the key difference between the statutory immunity provisions relied upon by the ERCB and Alberta Environment — was that the immunity clause with respect to the former explicitly contemplated the regulator as an entity («the Board or a member of the Board...») whereas the immunity provisions under the Water Act and the EPEA did not (referring only to «persons» in various capacities; see paras 62 — 71).
Despite the inconvenience and cost, Grab did ultimately get what it wanted, as Uber has left the region regardless of regulator demands, as Reuters noted, but other issues remain that should concern the Singapore - based company.
Broker - dealers are helping investors make better retirement decisions as a result of procedural changes firms have made in preparation for the DOL fiduciary rule, according to a study done by state regulators on the Individual Retirement Account rollover market.
Under the European Union's Markets in Financial Instruments Directive II (MiFID II), the FCA does not consider cryptocurrencies to be commodities or currencies for regulatory purposes, but the regulator believes that cryptocurrency derivatives may qualify as financial instruments.
While the new DOL rules are principles based and do not provide discreet instructions as to what advisors should do to fulfill fiduciary duties, industry executive David Trainer said advisors can not lose with clients or regulators by incorporating research into their practice that is «inarguably in the best interest of clients.»
When the DOL proposed its rule, it did so as the regulator of private industry pension plans under the Employee Retirement Investment Security Act, better known as ERISA.
Robin Zhu, chief operating officer at Huobi, is quoted as saying in January 2017: «The regulator wanted to grab a big picture of how significant cryptocurrency trading was in China — how does bitcoin work; where does the money come from; where does it go to; how do people make and lose money?»
While the new DOL rules are principles based and do not provide discreet instructions as to what advisors should do to fulfill fiduciary duties, we think advisors can not lose with clients or regulators by incorporating research into their practice that is:
Moreover, until regulators emboss cryptocurrencies with the stamp of governmental approval, everything done under the umbrella of cryptocurrencies, no matter how theoretically plausible or financially incentivizing, must be understood as high risk.
As the New York Times reported, Uber had been using a software called «greyball» to evade regulators, and it turns out that regulators don't take kindly to that.
If an unpaid insurance premium is among your overdue bills, check to see whether your state's insurance regulators have mandated extensions for payment, waivers against late fees or other temporary steps — as Texas and Florida did, for example, shortly after Harvey and Irma, respectively.
The presence of Merrill Lynch in the mix is neutral factor for the organization from a risk perspective, but BAC as a whole does not compare that well to its large bank peers looking at the Y - 9 performance report published by federal regulators.
Consumer Financial Protection Bureau Director Richard Cordray said Equifax as well as TransUnion and Experian are going to be getting embedded regulators to ensure that similar breaches of private information don't happen again.
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
As president, he will have to do what FDR did, and challenge the financial oligarchy with new regulatory agencies, staffed with real regulators, not deregulators as under the Bush - Clinton - Bush regimAs president, he will have to do what FDR did, and challenge the financial oligarchy with new regulatory agencies, staffed with real regulators, not deregulators as under the Bush - Clinton - Bush regimas under the Bush - Clinton - Bush regime.
NEW YORK, NY, October 9, 2017 — Despite widespread criticism regarding the heightened regulatory environment that has pervaded since the introduction of the Dodd - Frank Wall Street Reform and Consumer Protection Act, as well as the Trump administration's promises to scale back regulations, the alternative investment industry doesn't foresee any lessening of current regulations or regulators»...
It would appear that Mr. Galvin is running with that train of thought at the state level as, in his statement, he said «An offering done to avoid registration with regulators should be seen as a red flag, and you should contact my office before investing».
The ASIC is among the most successful financial markets regulators in the world because of the fact that there was no negative growth experienced as Australia wet through the Great Recession of 2009 and the Australian banking system was not affected at all by the financial turmoil at that time due to the way ASIC did a great job.
Subscribe to the Afternoon Brief Trending Story: Regulators Investigate Napa, Sonoma Wineries and Distributors for Illegal Trade Practices Federal and state agents visited more than 30 wine - related businesses in Napa and Sonoma counties last week as part of a probe into consignment sales, in which a winery or wholesaler buys back bottles that don't -LSB-...]
The government insists regulators would prevent that from happening, but Greens leader Christine Milne has argued the potential conflict of interest means the PUP senators should abstain from voting on the carbon bill, as Mr Palmer himself did when it went through the House of Representatives the first time.
Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.
As for the DEC report itself on hydrofracking, Fiala said she was yet to read, but said she hadn't changed her position on the process, insisting that she had always preferred to wait for what environmental regulators would do.
As far as the regulators being aware that millions would lose grandfathered status, where did you get the idea that they thought millions would lose grandfathered plans due to the plans changing, as opposed to people changing their planAs far as the regulators being aware that millions would lose grandfathered status, where did you get the idea that they thought millions would lose grandfathered plans due to the plans changing, as opposed to people changing their planas the regulators being aware that millions would lose grandfathered status, where did you get the idea that they thought millions would lose grandfathered plans due to the plans changing, as opposed to people changing their planas opposed to people changing their plans?
So how does Attorney General Schneiderman rate as a tough but fair regulator of business?
Doing so would upend the states» traditional role as the main regulator of oil and gas on privately held land, and perhaps choke off the gas needed to clean up dirty power plants.
The one catch was that regulators had never approved a transgenically produced drug, and the more than a dozen partners that GTC took on tended to view the technology as a backup in case other protein - drug development strategies did not work out.
It doesn't matter if other programmes are misleading as long as they don't cause «harm or offence», and the regulator's interpretation of harm is so narrow that it effectively gives broadcasters a green light to mislead the public.
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