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16 May 2016, 8:00 pm
We also saw an increase in investigations into incidents by regulators, including regulators who have only in recent years become active in cyber security enforcement, such as the Security and Exchange Commission (“SEC”), National Credit Union Administration (NCUA), Financial Crimes Enforcement Network (FinCen), Financial Industry Regulatory Authority (FINRA). [read post]
16 May 2016, 8:43 am
On May 6, 2016, the Office of the Comptroller of the Currency, Treasury (OCC), the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), the National Credit Union Administration (NCUA), and the U.S. [read post]
12 May 2016, 1:59 pm
I don’t see that happening in this administration. [read post]
9 May 2016, 2:19 pm
” An Islamic State affiliate in Egypt claimed credit for a drive-by shooting attack that killed eight police officers in a Cairo suburb. [read post]
9 May 2016, 3:51 am
The other agencies are the FDIC, Federal Housing Finance Agency, Federal Reserve Board of Governors, National Credit Union Administration and Office of the Comptroller of the Currency. [read post]
5 May 2016, 8:25 am
Commodity Futures Trading Commission (the CFTC), and the European Union. [read post]
5 May 2016, 8:25 am
Commodity Futures Trading Commission (the CFTC), and the European Union. [read post]
2 May 2016, 1:01 am
As an aside, journalist and scholar Peter Bergen, in a recent article on the most likely causes of 9/11, credits in part the Afghan War, writing: While there is no evidence that the CIA trained or funded Bin Laden or his followers, the Afghan war against the Soviet Union nonetheless radicalised a generation of Arab militants. [read post]
29 Apr 2016, 12:29 pm
He has admitted to writing an email message, which he only sent to fellow union members, which included comments regarding the township’s business administrator that were less than kind. [read post]
27 Apr 2016, 6:02 am
[On April 21, 2016], the National Credit Union Administration (NCUA) became the first of six federal regulatory agencies to repropose the long-awaited bonus compensation rule that will apply to banks, asset managers, broker-dealers, and other financial institutions. [1] The issuance follows an earlier joint proposal released in April 2011 to establish limitations on the timing—but not the size—of bonus payouts. [2] Compared to the 2011 proposal, the… [read post]
26 Apr 2016, 11:28 pm
The NDRC commits to operating the social credit platform, Credit China, linked here. [read post]
26 Apr 2016, 5:52 am
[On April 21, 2016], the National Credit Union Administration issued a notice of proposed rulemaking for a new interagency rule on incentive-based compensation that applies to financial institutions with consolidated assets of at least $1 billion. [read post]
23 Apr 2016, 10:08 pm
The name of the Nation shall be the Band Republic, or the Union. [read post]
23 Apr 2016, 10:08 pm
The name of the Nation shall be the Band Republic, or the Union. [read post]
22 Apr 2016, 3:37 am
Here’s the summary from this Sullivan & Cromwell memo (also see this WSJ article – and this blog): Earlier today, the National Credit Union Administration issued a notice of proposed rulemaking for a new interagency rule on incentive-based compensation that applies to financial institutions with consolidated assets of at least $1 billion. [read post]
22 Apr 2016, 3:37 am
Here’s the summary from this Sullivan & Cromwell memo (also see this WSJ article – and this blog): Earlier today, the National Credit Union Administration issued a notice of proposed rulemaking for a new interagency rule on incentive-based compensation that applies to financial institutions with consolidated assets of at least $1 billion. [read post]
21 Apr 2016, 9:30 pm
The National Credit Union Administration (NCUA) issued a proposed rule that would require top financial executives to set aside a large portion of their incentive pay for four years, and would allow firms to reclaim executive pay for up to seven years if executive actions wind up hurting the company – the measure, drafted with support from five other regulators that will also be considering the rule, stems from the Dodd-Frank Wall Street Reform and Consumer… [read post]
20 Apr 2016, 5:34 pm
Termination Clauses are Broadly Interpreted to Only Require Dishonest Acts The court in National Credit Union Administration Board v. [read post]
18 Apr 2016, 9:21 am
Cash payments will primarily be divided among the National Credit Union Administration, the Federal Home Loan Banks and the States of California, Illinois and New York. [read post]
11 Apr 2016, 6:13 am
Next week the Court will hear oral arguments in the challenge to the Obama administration’s deferred-action policy for some immigrants. [read post]
