At least one financial regulator suspects you are.
The end of mandatory annuitization will likely mean a leaner workforce at the UK provider.
banking giants have been questioned by US regulators for possible securities
law violations concerning high frequency trading.
As legislators grapple over another highway bill funded on pension smoothing, former PBGC Director Charles Millard calls for the measure to be made permanent.
More regulation won’t work, says a UK think tank and suggests bankers take the moral high ground.
The regulator is to introduce floating valuations and the option for redemption fees as part of an overhaul of money market fund rules.
bank’s US arm has been criticized for poor governance, inadequate regulatory
reporting technologies, and bad data by regulators.
bank also reported its largest quarterly loss since the financial crisis following
a $2.6 billion settlement with US authorities for tax evasion.
Practices by two hedge funds have been criticised by the Permanent Subcommittee on Investigations for their use of “basket option structures” to crank up leverage and reduce tax bills.
ending “too big to fail,” the 2010 Dodd-Frank Act has further entrenched the
concept into government policy, a GOP report has said.