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Moving to One Minute TRACE Reporting: A Review of FINRA Proposed Changes to Rule 6730

Perficient

In place since 2005, a 15-minute outer limit reporting timeframe currently applies to transactions in: Corporate bonds. ET, firms would be required to report the trade the same day, no later than one minute after the TRACE system opens; For transactions executed on a business day at or after 8:00:00 a.m. Agency debt securities.

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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart

PYMNTS

Plus, Klarna reported mixed results for the first half of 2020. DC AG Sues Instacart Over Fees Customers Thought Were Tips. Report: Walmart Joins Microsoft on TikTok Bid. Report: How ING Group Is Using AI to Fight Financial Crime. In today’s news, Facebook called out Apple on its fee structure and transparency, and D.C.’s

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U.S. Regulators to Bank Boards: “Debt is Good”

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Mail: Chief Counsel’s Office, Attention: Comment Processing, Office of the Comptroller of the Currency, 400 7th Street, SW, suite 3E-218, Washington, DC 20219. Hand Delivery/Courier: 400 7th Street, SW, suite 3E-218, Washington, DC 20219 The full proposed 200+ page regulation is available here: Long-Term Debt (FR) (fdic.gov).

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Retail Pulse: Framebridge Opens DC Store; Starbucks Hits 30,000-Location Milestone

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Framebridge has reportedly brought in a new point-of-sale (POS) system to give shoppers an experience that’s almost equivalent to shopping online. The opening of Starbucks 30,000 th store is a proud moment for all Starbucks partners,” company president and CEO Kevin Johnson said, according to reports. Starbucks Coffee.

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JD.com Joins China’s Central Bank To Advance Digital Currency

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CoinTelegraph.com reported the retailer has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC). The news outlet’s story was based, it said, on a local media report Monday (Sept. As China prepares to debut digital currency, JD.com Inc.,

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Hsu discussed vulnerabilities in the cryptocurrency framework and recent volatility with stablecoins in pointed remarks at the DC Blockchain Summit 2022. leadership in the global financial system and economic competitiveness; financial inclusion; and responsible innovation. . Contagion risks are real.

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PBOC Patents Show China’s Push For Digital Money

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The Peoples’ Bank of China has filed over 80 patents in its attempts to start its own digital currency, an extensive and elaborate plan to take the renmibi to the digital stage, according to published reports Wednesday (Feb.12). officials’ take on digital currency. And the project isn’t a new one.

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