Friday, 6 September 2013

You're a sucker to believe Wall Street

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The Compliance Exchange News AlertSeptember 6, 2013

Our client, a FINRA Registered Broker-Dealer seeks a candidate who has a significant level of generalist knowledge with regards to operating platforms for both brokerage and bank custody and the respective rules, regulations and laws that govern those platforms.

 

For more information and to be considered for this role, please get in touch with Jack Kelly - JKelly@ComplianceSearch.com and feel free to pass the link along to someone else, as well.

 

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I say that not because I think such a collapse is imminent, though I am less sanguine than many right now. The reason I say we shouldn't believe Wall Street is that they were also telling us not to worry five years ago, right before Lehman declared bankruptcy.

 

Morgan Stanley (MS) Chief Executive Officer James Gorman said there's almost no chance of another financial crisis like the one that endangered his firm five years ago.

 

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A Thailand trader will pay $5.2 million to the Securities and Exchange Commission to settle insider trading charges.

 

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Vice President Team Leader Regulatory Inquiries Job Description
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Will digital dollars soon fund U.S. political campaigns?

 

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Readers may recall an ugly story that broke earlier this summer, when New York State Attorney General Eric Schneiderman rebuked the news/business information firm Thomson Reuters for selling access to key economic survey data two seconds early to high-frequency algorithmic traders.
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U.S. regulators will ratchet up enforcement penalties if banks continue making the mistakes that have already cost them more than $100 billion in legal bills in recent years, said Comptroller of the Currency Thomas Curry.

JPMorgan Chase & Co (JPM.N) has decided to get out of the student loan business, after the biggest U.S. bank concluded that competition from federal government programs and increased scrutiny from regulators had limited its ability to expand the business.

The Securities and Exchange Commission's top trial lawyer is planning to leave the agency by the end of the year, The Post has learned.
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  Five years ago, as Lehman Brothers teetered, there was remarkably little concern about what would happen if it failed and virtually none about what would happen to the rest of Wall Street if it did.

  One criticism of startups is that they only solve the problems that startup founders have: Getting vacation rentals (AirBnB), finding a cheap car service (Uber), building a colony on Mars (SpaceX).
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Toyota Financial Services currently have several open compliance roles. Join a dynamic company known for rapid growth and solid success. Please click on any of the links below for more details

  

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When: Sep 10 - 11, 2013
Where: New York Athletic Club, 180 Central Park South, New York, NY 10019 (map)
 
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