The Glass–Steagall Act: Unraveling the Myth
There is no evidence that pre-Glass–Steagall banks’ securities activities led to more bank failures than among their specialized peers.
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There is no evidence that pre-Glass–Steagall banks’ securities activities led to more bank failures than among their specialized peers.
Regulators are demanding more transparency and increased controllability from organizations regarding data and how it’s used. Leading technologies such as artificial intelligence and the cloud and helping companies stay compliant.
Many policymakers have strong opinions on the risks of derivatives, but there is no objective economic reason to regulate derivatives as a unique product. To the contrary, it is best to avoid regulating derivatives as a unique product because doing so is bound to result in a complex set of rules filled with special exemptions for select users. Prior to the 2008 financial crisis, derivatives were not regulated as a unique product.
Enhancing data security programs to protect personal information is a critical area companies cannot ignore. Our Privacy, Cyber & Data Strategy and Financial Services & Products groups...
The FTC has issued a long-anticipated Advanced Notice of Proposed Rulemaking (ANPR) regarding commercial surveillance and data security practices. The FTC invites public comment on a...