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A candidate running for Allegheny County executive said on Tuesday he wants to create a regional transit system to reverse the "constant financial crises and service cuts" that plague the Port Authority, but some question whether the previously proposed concept could work. We are a regional economy, and it's high time that our transit system reflects that," said Rich Fitzgerald, the Democratic nominee for Allegheny County executive.
LONDON (Reuters) - The London Stock Exchange has struck a deal with British regulator the Financial Services Authority to buy a reporting service which the LSE claims will expand its client base. The LSE said on Tuesday it had agreed to pay the FSA 15 million ($24.4 million) for its Transaction Reporting System (TRS), subject to clearance from British competition regulator the Office of Fair Trading.
Preface - II. Original introduction - III. Designing an optimal regulatory system - A. Regulatory Objectives - B. Characteristics of an Optimal Regulatory System - C. Regulatory Strategies - D. Organization of the Regulatory System - IV. Canada’s regulatory system - A. Current Structure of Canada’s Regulatory System - B. Comments on Canada’s Regulatory System - V. Comparative analysis of the united kingdom, australia, united states, france, germany, the netherlands, and hong kong - A. The United Kingdom - B. Australia - C. The United States - 1. Current System - 2. Calls for Reform - 3. U.S. Treasury Blueprint for a Modernized Financial Regulatory Structure - a) Market Stability Regulation - b) Prudential Regulation - c) Business Conduct Regulation - D. France - E. Germany - F. Hong ...
The latest installment of "change we can believe in" is sweeping reform of the financial services industry. Central to proposed Democrat reforms is the establishment of a new Consumer Financial Protection Agency. This agency would have broad authority to oversee and regulate financial service products like mortgages and credit cards and will be responsible to protect consumers from "unfair" and "abusive" products.
NEW YORK, Sept. 2 /PRNewswire/ -- OANDA Corporation, provider of innovative online forex trading and currency data services, applauds the U.S. Commodity Futures Trading Commission (CFTC) for setting new rules that will better protect consumers in the retail forex trading industry. The CFTC's new rules require forex dealers to cap leverage at 50:1 on major currency pairs. They come into effect on October 18, 2010. The 50:1 leverage cap brings the U.S. levels in line with those of other global regulators, including the Monetary Authority of Singapore. Japan's Financial Service Agency was the latest to introduce a 50:1 cap on August 1.
The Port Authority project, North Shore Connector, may suffer some budgeting shortfalls in the future. The State senate approved a measure to limit the amount of money the Commonwealth will dedicate to the project, citing Port Authority service cuts and layoffs. "With the recent announcement by the Port Authority that layoffs and service cutbacks must be made to restore the financial health of the mass transit agency servicing our area, it is imperative that we find every means possible to hold down costs." said Orie. "Should the construction of the North Shore Connector project proceed, we need to ensure that it is done efficiently and cost effectively." The North Shore Connector budget is currently $72 million more than its projected estimate of $363 million. Based on recent estimates...
LONDON (Hedgeworld.com) - The rising tide of regulatory oversight of the hedge fund industry on both sides of the Atlantic is to be closely examined at a conference to be held here on June 19. Included in the policy areas to be explored are the implications of the Financial Service Authority's Feedback Statement on hedge fund risk. Another session will focus on understanding how the Securities and Exchange Commission is administering the new hedge fund registration rule.
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