Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (08/24/2012)
  • WASHINGTON (8/27/12)--The Federal Deposit Insurance Corp. (FDIC) will partner with Securities Investor Protection Corp. (SIPC)--a non-government agency--in winding down systematically important firms in the wake of the financial crisis. FDIC and the Securities and Exchange Commission are working on a proposal under which SIPC will serve as a trustee for liquidating broker-dealer subsidiaries of firms in receivership. SIPC has expertise in transferring a large number of customer brokerage accounts from giant failing financial firms to new acquirers. But SIPC must also work closely with FDIC to prevent large failures from damaging the economy, said Anita Ryan, general counsel for eSecLending, a securities financing company …


RSS





print
News Now LiveWire
#creditunion cites prize-linked savings success in @WSJ http://t.co/3CXupUMx5d
1 hour ago
.@CFPB proposes mtg rule changes 2 facilitate responsible lending by small creditors, esp. in rural/underserved areas.http://t.co/sn6PnlS0EB
2 hours ago
#NewsNow Apple Pay interest booming at CUs, Western Union joins http://t.co/LsaoOYzAPx
4 hours ago
#creditunions, members share #databreach stories with media http://t.co/hGsnpkov8R
4 hours ago
.@CUCB #Creditunion #CherryBlossom Run registration transfer period is 2/1 - 2/28. Read more here: http://t.co/wup6XPWtcC 2of2
5 hours ago