SIFMA, financial firms launch effort to explore feasibility of a shared ledger technology
Financial firms and organizations, including the Securities Industry and Financial Markets Association SIFMA) announced a Regulated Settlement Network (RSN) proof-of-concept (PoC) to explore the feasibility of shared ledger technology. The technology would be used to settle tokenized commercial bank money, wholesale central bank money, U.S. Treasury securities and other tokenized assets. In the current financial system, commercial bank money, wholesale central bank money, and securities s...
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FDIC released independent report on review of workplace culture, alleged misconduct at the agency
The Federal Deposit Insurance Corporation (FDIC) released a report this week reviewing the working place culture at the ...Read More »
Federal regulators propose rule dealing with incentive-based compensation
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U.S. Sens. Wyden and Crapo introduce proposal to address generic drug shortages
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Senate passes bill to stop IRS from imposing penalties on American hostages, detainees
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House approves bill that seeks to bolster investment in small businesses
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15 million Americans have medical bills on their credit reports, CFPB finds
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Republic First becomes first bank in 2024 to collapse
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AICPA white paper examines the future of accounting
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U.S. Chamber files challenge to FTC’s rule banning noncompete agreements
On Wednesday, the U.S. Chamber of Commerce announced that it was challenging the Federal Trade Commission’s (FTC) rece...Read More »