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What is TRACE Reporting? (Part 1 of 6)

Perficient

debt market, the Financial Industry Regulatory Authority (FINRA) developed the Trade Reporting and Compliance Engine (TRACE) in 2002 to facilitate the mandatory reporting of OTC bond transactions in eligible fixed-income securities. Treasury Securities to TRACE. To promote transparency in the large U.S.

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Former Apple Securities And Compliance Lawyer Charged With Insider Trading

PYMNTS

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. According to the SEC complaint, he was “responsible for Apple’s compliance with securities laws.”. 13), according to a report by CNBC. He was terminated in September. District Court of New Jersey.

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Details on the FDIC Security Breach by Chinese Spies [VIDEO]

Bank Innovation

How Chinese spies hacked into computers at the Federal Deposit Insurance Corporation from 2010 until 2013 -- and American government officials tried to cover it up.

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Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages

PYMNTS

A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. It also states that shareholders lost over $13 billion from February 2007 to June 2010.

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BITAG’s Big Plan To Secure The IoT

PYMNTS

Following October’s massive DDoS attack on Dyn, which knocked out internet service for millions of Americans, many in the industry have been scrambling to come up with ways to secure the Internet of Things from being used as a pawn in future cyberattack schemes.

Security 100
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Intel Hustles To Fix Longstanding Security Flaw In Enterprise Devices

PYMNTS

Reports Wednesday (May 3) said a researcher at IoT startup Embedi identified the vulnerability that has existed within Intel systems since as early as 2010. Intel has reportedly responded to the discovery and issued a patch, and its Security Center has published detection and mitigation guides for its clients. “We

Security 100
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TransferMate Secures Equity Investment from Allied Irish Banks

PYMNTS

20) that it secured equity investment from Allied Irish Banks. So far, TransferMate said it has facilitated the movement of $10 billion in international B2B payments since its launch in 2010. Cross-border B2B payments company TransferMate announced news on Monday (Nov.

Security 108