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However, the Revised G-SIB Framework makes several noteworthy changes to, and clarifies important aspects of, the Prior G-SIB Framework, including: Click here to read the complete post... [read post]
The recent financial crisis and subsequent events [1] show the dangers that can result when banks trade for their own accounts while disregarding their customers’ interests. [read post]
17 Oct 2014, 2:16 pm
He said the goal is not to stifle technological innovation, but if a software company is also taking on the responsibility of actually safeguarding customer money, it is a much more difficult calculation.To read the rest of Superintendent Lawsky's remarks click here. [read post]