An accounting firm that acts as a federal contractor settled DOJ claims that it falsely certified compliance with equal employment opportunity requirements in its federal contracts while using race- and sex-based criteria in hiring, promotion, and staffing decisions.
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ISDA found that operational frictions, rather than the movement of collateral itself, were the primary obstacle to expanding the use of non-cash assets as variation margin for non-cleared derivatives.
The Nasdaq Stock Market LLC proposed amending Equity 4, Rule 4759(a), to specify the source of quotation data the exchange will use during its overnight trading session for equities.
The Treasury Department announced the launch of a public-private initiative to accelerate the U.S. financial sector's transition to quantum-safe technology.
The Asset Management Group of SIFMA said the CFTC and SEC should prioritize data quality and harmonization over increased reporting volume in the agencies' effort to weigh changes to the design and scope of swap and security-based swap data reporting requirements.