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News for : December 2016

2016

Dec

05

CFTC Proposal for Accessing Traders’ Source Code Raises Serious Concerns

CFTC has approved proposals that would give it easier access to source code

2016

Dec

05

OCC Plans to Offer Financial Technologies Firms a Special Charter Status

The U.S. Office of the Comptroller of the Currency (OCC) has said it plans to st

2016

Dec

03

Hackers Targeted Russian Central Bank to Steal 2 Billion Rubles

Hackers have stolen 2 billion Rubles from Russia's Central Bank

2016

Dec

15

Fed Finalizes the Final Elements of the Post-Crisis Regulatory Framework

Federal Reserve finalized one of its last remaining post-crisis regulation

2016

Dec

15

Cash will Account for Less than a Quarter of all Transactions in U.S.by 2026

Due to the rise of digital payments, the use of cash will come down

2016

Dec

15

CFPB Unveils a Web-Based Tool to Deliver Regular Updates on Consumer Lending

CFPB launched Consumer Credit Trends to monitor developments in consumer lending

2016

Dec

14

Fed Announces a Hike in the Interest Rates for the First Time in this Year

The Federal Reserve hiked interest rates for the second time in a decade

2016

Dec

20

Big Banks to Invest up to US$20 Million in Blockchain Start-up Axoni

U.S. banking giants are looking to invest in a blockchain startup

2016

Dec

21

Morgan Stanley Agreed to pay US$7.5 Million to SEC to Settle Charges

SEC charged Morgan Stanley for the violation of Customer Protection Rule

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