“The U.S. Department of the Treasury released a report on Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector. The report was written at the direction of Presidential Executive Order 14110 on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence. Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) led the… Continue Reading
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Category Archives: Financial System
wallstreet local
“Thousands of filings from the world’s biggest investors.Wall Street’s stock portfolio, for free via wallstreet local. The Securities and Exchange Commission (SEC) keeps record of every company in the United States. Companies whose holdings surpass $100 million though, are required to file a special type of form: the 13F form. This form, filed quarterly, discloses… Continue Reading
Financial Times tests an AI chatbot trained on decades of its own articles
The Verge: “Subscribers can use Ask FT to answer questions about recent events or broader topics covered by the Financial Times. The Financial Times has a new generative AI chatbot called Ask FT that can answer questions its subscribers ask. Similar to generalized AI bots (like ChatGPT, Copilot, or Gemini), users can expect a curated… Continue Reading
Visualizing All of the U.S. Currency in Circulation
Visual Capitalist: “This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Have you ever wondered how much U.S. currency is in circulation? Every year, the U.S. Federal Reserve submits a print order for U.S. currency to… Continue Reading
Trump Legal Penalties
NewsTRACS – Trump has over half a billion dollars in legal penalties – “a review of nine+ years of Trump’s cash spreadsheets reveals new information and raises new questions -Wendy Siegelman. Heading into the 2024 presidential election Donald Trump – who faces dozens of felony charges and recently lost several big civil cases – has… Continue Reading
EEOC Data Reveals 75% Of High Earners Are Men
Forbes – “Data just released by the U.S. Equal Employment Opportunity Commission exposes a clear gender pay gap, with men outearning women, especially in the highest-paid jobs. The gap is widest for women of color. This week, the EEOC released aggregated pay data collected from businesses in 2017 and 2018. To make this information accessible… Continue Reading
AI in Banking and Finance, March 17, 2024
Via LLRX – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, and as available, indicate links to alternate free versions.… Continue Reading
Pete Recommends – Weekly highlights on cyber security issues, March 16, 2024
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, March 16, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the… Continue Reading
The billionaire’s guide to doing taxes
Vox – How the very rich lose money, overvalue art, buy very expensive life insurance, and somehow profit. “They say that money is a universal language, but it speaks at different volumes. When you have a fathomless bounty of wealth, money doesn’t quite register as an expense until you add a lot of zeros to… Continue Reading
Everything You Need to Know About Facebook Marketplace Scams
AARP: “…It’s difficult to gauge the extent of the risk. Meta, Facebook’s parent company, hasn’t disclosed how many complaints it’s received about scammers or how many it’s taken action against, though from July to September 2023 alone, the website removed 827 million fake Facebook accounts, according to a Meta spokesperson. However, the BBB’s Scam Tracker… Continue Reading
Do firms mitigate climate impact on employment? Evidence from US heat shocks
Acharya, Viral V. and Acharya, Viral V. and Bhardwaj, Abhishek and Tomunen, Tuomas, Do firms mitigate climate impact on employment? Evidence from US heat shocks (August 15, 2023). Available at SSRN: https://ssrn.com/abstract=4660007 or http://dx.doi.org/10.2139/ssrn.4660007 “How do firms mitigate the impact of rising temperatures on employment? Using establishment-level data, we show that firms operating in multiple… Continue Reading
Amicus Lobbying: Friends of the Court or Friends of the Industry?
Bunting, William and Stein, Tomer, Amicus Lobbying: Friends of the Court or Friends of the Industry? (January 29, 2024). Available at SSRN: https://ssrn.com/abstract=4708986 or http://dx.doi.org/10.2139/ssrn.4708986 – “This Article reveals that lobbying has a vast and outsized impact on the development of judge-made business law. Lobby groups have taken control of the amicus curiae filing process… Continue Reading
