Shortly after the trial finished, I enrolled in a series of finance and securities courses and studied after work.
The 1970s brought insurance, corporate finance and securities margin-lending within its remit.
Despite this, and prior to recently released guidelines from the Division of Corporation Finance of the Securities and Exchange Commission, there were no guidelines as to when a corporation should publicly disclose the loss of confidential information or disruption to a system caused by a cyber incident even where the incident caused financial losses.
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But even if Dodd and company aren't satisfied with the answers they receive, they'll get some help from the Senate Finance Committee, which has jurisdiction over the Treasury securities being used to finance the Bear Stearns sale.
The Fed is printing billions of dollars to buy Treasury securities and finance government deficits.
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In contrast, similarly rated securities to finance a Delaware toll road and a New Jersey hospital yield a mere 5%-odd.
Included were a vastly beefed up Community Reinvestment Act, actual or threatened discrimination suits by Justice and HUD to enforce regulatory requirements, and regulatory mandates on Fannie Mae and Freddie Mac to finance trillions in mortgage securities backed by subprime mortgages.
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They picked up the Singapore trading and corporate finance arms of bankrupt Peregrine Securities in April.
This group is lobbying for tougher securities laws and the setting-up of a regulatory body independent of the finance ministry and modelled on America's Securities and Exchange Commission.
The Art of Vulture Investing: Adventures in Distressed Securities Management (Wiley Finance, 2012).
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The Fed offered to expand its emergency lending program to help commercial banks finance the purchase of asset-backed securities from the funds.
Further, 15 days after learning of any investigation, proceeding, or customer complaint against him arising from his securities, insurance, or finance roles, Bishop was obligated to notify the Office.
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Robert Glauber, chairman of America's National Association of Securities Dealers, reminded the finance industry during a visit to London last month that bouts of punitive re-regulation by angry authorities can be long-lived.
The CMBS market is watched closely in the commercial real-estate industry because the securities are an important source of finance.
Like the mortgage market, the municipal bond market has morphed into its own new era of highflying finance, adjustable-rate loans and complex securities.
"The CAD (current account deficit) can be financed only through foreign inflows and that is why I'm happy to announce a major rationalization in government securities and corporate bonds, " Finance Minister P.
The second was to use its balance sheet to help commercial and investment banks finance their holdings of hard-to-value securities and avoid fire-sales of assets.
JPMorgan Chase (JPM) CEO Jamie Dimon also said that they are seeing a large amount of trade finance revolvers and asset sales in mortgage-backed securities in Europe.
Daniel Castro, the former head of structured finance research at Merrill Lynch, thinks some mortgage securities are such a screaming deal that he's setting up a hedge fund, Huxley Capital Management, to buy them.
There is growing concern on the part of the SEC, Treasury and Justice Departments and the Congress about the lack of transparency in the Shariah-Compliant Finance market and its implications for compliance with existing securities laws.
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One measure of how effectively the incoming president and his crisis-management team have taken charge was their refusal to accept the Grand National Party's plan to place a new watchdog agency for supervising banks, securities firms and insurance companies under the Ministry of Finance.
Whither Japan has as a particular interest in Japanese financial institutions and companies banks, securities firms, insurance companies, asset managers, consumer finance, and leasing companies.
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The fear hitting American finance will not subside dramatically until the value of mortgage-related securities is clearer and the size of investment houses' liabilities is known.
As a legal memorandum prepared for the Center for Security Policy by experienced securities litigator David Yerushalmi makes clear, Shariah-Compliant Finance entails considerable civil and criminal exposure for firms that engage in it.
It concludes that any U.S. financial institution promoting Shariah-Compliant Finance here or abroad is at risk of violating federal and state securities laws that require due diligence, transparency and disclosure, RICO statutes and other laws that prohibit funding of terror.
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Like Skilling, Lay has heaped the blame for Enron's spectacular failure on skittish investors, a whipsaw market and "the deceit of Andy Fastow"--the former finance chief who pleaded guilty to in January 2004 to wire and securities fraud, two of the 98 counts he'd faced, and agreed to a decade in the slammer.
And confidence in credit-card asset-backed securities is pretty firm despite paralysis in other corners of structured finance.
In finance, standards can take years to define as working groups from banks, securities firms and depositories meet repeatedly to hash out what needs to be in a message and ways to make it machine-readable so the communication can be handled by computers with straight-through processing (STP) and not require any expensive, time-consuming and error-inducing human intervention.
Keenan chair in finance at the USC Marshall School of Business and served as chief economist of the Securities and Exchange Commission between 2002 and 2004.
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Dr. JOSEPH MASON (Associate Professor of Finance, Drexel University's LeBow College of Business): Some of the securities created can be safer than the underlying risk of the pool.
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