OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Warren Says Financial History Repeating Itself
[caption id="attachment_310370" align="alignleft" width="187"] Randal K. Quarles[/caption] One prominent Senator and possible presidential candidate painted a financial picture of history repeating itself. Randal Quarles is the Federal Reserve Vice Chairman for Supervision and he was…
Fed Head of Oversight Visits Capitol Hill
A House hearing for a top Fed regulator turned into a figurative passing of the gavel from Republicans to Democrats. Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of…
SEC Chair Clarifies Best Interest Standard
[caption id="attachment_111540" align="alignleft" width="152"] Jay Clayton Securities and Exchange Commission (SEC) Chair[/caption] While testifying in front of the House Financial Services Committee, the Chairman of the Securities and Exchange Commission (SEC) attempted to clarify a…
Fed Proposes Changes to the Volcker Rule
[caption id="attachment_308430" align="alignleft" width="148"] Governor Lael Brainard[/caption] The Federal Reserve has proposed augmenting the Volcker rule so that it focuses more on the biggest banks while streamlining the process for all banks affected. The Federal…
Waters Says Reps Trying to Gut Dodd/Frank
The top Democrat on the House Financial Services Committee accused the president of gutting Dodd/Frank with his most recent budget proposal. California Democrat Maxine Waters made the remarks when the committee held a mark-up hearing…
House Debates Derivatives
Dodd/Frank is not working when it comes to SWAPs. That was the sharp and partisan message from Michigan Republican Congressman Bill Huizenga, who chairs the powerful Capital Markets, Securities, and Investments sub-committee of the House…