Category «Financial System»

National Defense Authorization Act for FY2017 and Low Energy Nuclear Reactions

Via the New Energy Times, Excerpt from May 4, 2016, Report of the Committee on Armed Services House of Representatives on HR 4909 Together With Additional Views see Congress Directs Secretary of Defense to Provide LENR Briefing as follows: “The committee is aware of recent positive developments in developing low-energy nuclear reactions (LENR), which produce …

Subjects: Congress, Defense, Economy, Energy, Environmental Law, Financial System, Government Documents, Legal Research, Legislation

Regulatory Transformations: An Introduction

Lange, Bettina and Haines, Fiona, Regulatory Transformations: An Introduction (2015). Regulatory Transformations: Rethinking Economy Society Interactions, Chapter 1, pp. 1-30, August 2015. Available for download at SSRN: http://ssrn.com/abstract=2777223 “Regulation is no longer the prerogative of either states or markets. Increasingly citizens in association with businesses catalyse regulation which marks the rise of a social sphere …

Subjects: Economy, Energy, Financial System, Government Documents, Legal Research

New FTC Business Guidance for Employment Background Screening Companies Helps With FCRA Compliance

“The Federal Trade Commission has created new guidance for businesses aimed at giving employment background screening companies information on how to comply with the Fair Credit Reporting Act (FCRA). The guidance helps companies understand when their work defines them as a consumer reporting agency under the FCRA. Consumer reporting agencies must meet a number of …

Subjects: Economy, Financial System, Government Documents, Legal Research, Legislation, Privacy

NYT – Top 10 Hedge Fund Chiefs Took Home a Combined $10.07 Billion

NYT DealBook: “Last year was tough for the swing-for-the-fences hedge fund managers who became synonymous with money-making in years past. Yet the top 25 hedge fund managers still took home nearly $13 billion in 2015, according to an annual ranking by Institutional Investor’s Alpha magazine. The pay estimates are based on the value of each …

Subjects: Economy, Financial System, Poverty

Sovereign Credit Rating Determinants: The Impact of the European Debt Crisis

Reusens, Peter and Croux, Christophe, Sovereign Credit Rating Determinants: The Impact of the European Debt Crisis (April 2016). Available for download at SSRN: http://ssrn.com/abstract=2777491 “This paper compares the importance of different sovereign credit rating determinants over time, using a sample of 90 countries for the years 2002-2015. Applying the composite marginal likelihood approach, we estimate …

Subjects: Economy, Financial System, Government Documents

H.R. 4894, a bill to repeal title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act

CBO: “H.R. 4894 would repeal title II of the Dodd-Frank Wall Street Reform Act of 2010. That title provides the Federal Deposit Insurance Corporation (FDIC) with the authority and funding through the Orderly Liquidation Fund (OLF) to liquidate large, systemically important financial firms (including banks and nonbank firms) that become or are in danger of …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Panama Papers Database Goes Live

Follow up to previous posting – ICIJ to Release Panama Papers Offshore Companies Data – today’s news – Offshore Leaks Database – Find out who’s behind almost 320,000 offshore companies and trusts from the Panama Papers and the Offshore Leaks investigations – accompanied by the following warning: “There are legitimate uses for offshore companies and …

Subjects: Economy, Financial System, Government Documents, Internet, Knowledge Management, Legal Research

GAO Reports – Force Structure, Medicaid Program Integrity, Troubled Asset Relief Program

Force Structure: Performance Measures Needed to Better Implement the Recommendations of the National Commission on the Structure of the Air Force, GAO-16-405: Published: May 6, 2016. Publicly Released: May 6, 2016. Medicaid Program Integrity: Improved Guidance Needed to Better Support Efforts to Screen Managed Care Providers, GAO-16-402: Published: Apr 22, 2016. Publicly Released: May 6, …

Subjects: Defense, Economy, Financial System, Government Documents, Health Care, Medicine

GAO Report – Retirement Security: Low Defined Contribution Savings May Pose Challenges

Retirement Security: Low Defined Contribution Savings May Pose Challenges, GAO-16-408: Published: May 5, 2016. Publicly Released: May 5, 2016. “An estimated 40 percent of all U.S. households had some retirement savings in a defined contribution (DC) plan, such as a 401(k) plan, in 2013, and account balances varied by household income and race in recent …

Subjects: Economy, Financial System, Government Documents, Poverty

DATA Act Information Model Schema v1.0

“A core requirement of the DATA Act is the development of government-wide data standards to ensure the reporting of reliable, consistent federal spending data for public use. Last year, OMB and Treasury finalized the 57 data definition standards and Treasury used the data definition standards to develop the initial draft of the DATA Act data …

Subjects: E-Government, Economy, Financial System, Government Documents, Internet, Knowledge Management

Federal Reserve Board proposes rule to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms

“The Federal Reserve Board on Tuesday proposed a rule [May 3, 2016] to support U.S. financial stability by enhancing the resolvability of very large and complex financial firms.  The proposal would require U.S. global systemically important banking institutions (GSIBs) and the U.S. operations of foreign GSIBs to amend contracts for common financial transactions to prevent …

Subjects: Economy, Financial System, Government Documents