Federal Reserve

Give Us Global Standards or Give Us Chaos – Open Letter to US Congressman McHenry

US Congressman Patrick McHenry recently sent a letter to Federal Reserve Chair Janet Yellen criticizing the Fed’s participation in setting global banking rules of conduct and asserting that standards are agreed in opaque settings. But standardization lowers business costs in finance as in manufacturing – for American banks and investors as well as their international counterparts. A common set of rules for the global financial industry is just a matter of common sense, argues Thomas Murray.

Posted on: 24 Apr, 2017

FICC seeks regulatory approval to offer clearing in tri-party repo market

The Fixed Income Clearing Corporation (FICC) is seeking regulatory approval from the Securities and Exchange Commission (SEC) and Federal Reserve to provide centralised clearing for the $1.6 trillion institutional tri-party repo market.

Posted on: 15 Oct, 2014
Posted in: Regulation

This week's top hedge fund news

Here is a summary of the biggest hedge fund news stories of the week ending June 7.


Posted on: 07 Jun, 2013
Posted in: Investors

US fiscal cliff biggest investor tail risk concern, says BofA

Investors view the US fiscal cliff as the biggest tail-risk while concerns over EU sovereign debt appear to be fading, according to a survey of fund managers by Bank of America Merrill Lynch.

Posted on: 18 Sep, 2012
Posted in: Investors
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