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News & Commentary
Content tagged with Compliance posted in September 2009
G-20 Proposals OK Individually, Dangerous in Aggregate, Says SIFMA's Ryan
News  |  9/28/2009
The G-20 ministers might be very pleased with themselves after a productive several days in Pittsburgh. Tim Ryan, president and CEO of SIFMA, agrees with most of the measures, but isn't so sure the proposed changes would be for the better.
Let the Celebrations Begin: Treasury Officials Prepare for TARP's One-Year Anniversary
News  |  9/25/2009
Having just observed the one year anniversary of Lehman Brothers' bankruptcy, we now evidently are gearing up for the anniversary of Congress' passage of the Emergency Economic Stabilization Act of 2008 on October 3.
Volker Says Obama Reg Plan Could Encourage More Risk-Taking
News  |  9/25/2009
White House advisor Paul Volker spoke out against President Obama's plans to overhaul financial services oversight, claiming it would lead to more risk-taking by firms.
Bank of America, Chase Act to Preempt Washington Actions
News  |  9/23/2009
Both Bank of America (Charlotte) and J.P. Morgan Chase (New York) will be reducing the overdraft fees on customer accounts.
State Street Launches eHorizon Global Accounting System
News  |  9/22/2009
State Street launches eHorizon global accounting system; enhanced solution provides ability to manage complex fund structures across multiple accounting bases.
Senate Has Other Ideas for the Fed
News  |  9/10/2009
OK, so now it looks like the Federal Reserve may not have quite as many powers as originally thought, provided some Senators get their way.
Open Solutions Launches Veri-Fast Accountholder Identification Solution
News  |  9/2/2009
Open Solutions launches Veri-Fast accountholder identification solution; using two-factor authentication, solution is designed to help banks reduce fraud risk and improve service and efficiency.

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