To print this article, all you need is to be registered or login on Mondaq.com.
On September 10, 2018, the New York Department of Financial
Services granted approvals to Paxos and Gemini to offer price-stable
cryptocurrencies, or “stablecoins,” signifying that
regulators are open to approving novel crypto products if they are
offered properly.
Jeffrey Alberts, co-head of Pryor
Cashman’s FinTech Group, explains what this means for crypto
companies that are considering offering cryptographic products in
the future.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
The New York Department of Financial Services imposed a $30 million penalty on the New York branch of a foreign bank. The fine had nothing to do with employment discrimination or wage-and-hour issues
In this Issue. The Board of Governors of the Federal Reserve System (Federal Reserve) adopted a final rule amending the operational risk management requirements...
On February 21, 2024, Judge Reed O'Connor in the Northern District of Texas denied a motion to dismiss an ERISA plaintiff's complaint challenging American Airlines' selection and retention of multiple investment funds in its retirement plan.
Lenders are naturally in a reactionary position when their borrowers file for Chapter 11. Following these tips will help position them for the best possible outcome.
Supervision is a daily fact of life for bank boards and management. Below, we offer strategies for how both board members and members of management can ensure that the supervisory process goes as smoothly as possible.
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.