If an outright ban of Bitcoin is not the correct approach, what is? More to the point, what does Bitcoin (and virtual currency in general) need to for legitimacy?...more
Interesting question, but life is never easy, and digital currency brings its own set of challenges...more
The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission (the “SEC”) issued a final rule, and the Commodity Futures...more
1/2/2014
/ Banking Reform Bill ,
Compliance ,
Covered Banking Entity ,
Dodd-Frank ,
Final Rules ,
Financial Instruments ,
Foreign Investment ,
Hedging ,
Market Making ,
Proprietary Trading ,
Reporting Requirements ,
Risk Mitigation ,
Underwriting ,
Volcker Rule
The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission (the "SEC") issued a final rule, and the Commodity Futures...more
12/20/2013
/ Asset Management ,
Asset-Backed Securities ,
Bank Holding Company Act ,
Banks ,
Bonds ,
CFTC ,
Dodd-Frank ,
FDIC ,
Federal Reserve ,
Fiduciary Duty ,
Financial Market Utilities ,
FSOC ,
Joint Venture ,
Life Insurance ,
Nonbank Firms ,
OCC ,
Pensions ,
Private Funds ,
Proprietary Trading ,
REIT ,
Retirement Plan ,
Securities and Exchange Commission (SEC) ,
SIFIs ,
Subsidiaries ,
Tender Offers ,
Venture Capital ,
Volcker Rule
The SEC’s final Municipal Advisor Rules, effective January 13, 2014, apply to many of the advisory services and products provided by banks and trust companies to municipal entities, such as state and local governments, and to...more