Most Requested
bank banking bankruptcy banks bogus bonds business buy cost credit credit cards credit union credit unions debt economy employment farming Federal Reserve finance gold Government identity theft income IRS jobs lending loans marketing money mortgage mortgages real estate reserves resume rules sales savings skills small business speaking tax credit Taxes unemployment USA work-
Categories
Archives
Home | Contact Us | News Archives | Resources
Interest Rates
- US: H15 -1.09 2012-01-26 FRB Market yield on U.S. Treasury securities at 5-year constant maturity, quoted on investment basis, inflation-indexed
- US: H15 0.08 2012-01-26 FRB Federal funds effective rate
- US: H15 0.08 2012-01-26 FRB 30-Day AA Nonfinancial Commercial Paper Interest Rate
- US: H15 0.61 2012-01-26 FRB Rate paid by fixed-rate payer on an interest rate swap with maturity of three year.
- US: H15 0.11 2012-01-26 FRB 60-Day AA Nonfinancial Commercial Paper Interest Rate
Trade (FTC)
- FTC Sues to Block Omnicare's Bid to Buy Rival Pharmacy Provider PharMericaDeal Would Lead to Higher Costs for Medicare Patients and Taxpayers, Agency Alleges […]
- FTC Sues to Block Omnicare's Bid to Buy Rival Pharmacy Provider PharMerica
Commerce News
- The National Broadband Map Goes MobileEric Spry, Federal Communications Commission January 20, 2012 This week we are happy to announce a new feature of the National Broadband Map that will make it easier to use on your mobile device. This new feature allows anyone on the go to more easily search broadband availability, summarize and rank data, and view a map of community anchor institutions — al […]
- The National Broadband Map Goes Mobile
Small Business News
- Small Business GDP: Update 2002-2010Landing page summary: U.S. gross domestic product (GDP) is the market value of the goods and services produced by labor and property located in the United States. This research takes each component of private nonfarm GDP and estimates the proportions produced by small and large businesses. This study is another installment in the series of studies sponsored […]
- Small Business GDP: Update 2002-2010
Monetary Policy
Cost Estimates
- H.R. 3582, Pro-Growth Budgeting Act of 2012Cost estimate for the bill as ordered reported by the House Committee on the Budget on January 24, 2012 […]
- H.R. 3578, Baseline Reform Act of 2012Cost estimate for the bill as ordered reported by the House Committee on the Budget on January 24, 2012 […]
- H.R. 3575, Legally Binding Budget Act of 2012Cost estimate for the bill as ordered reported by the House Committee on Rules on January 23, 2012 […]
- H.R. 3582, Pro-Growth Budgeting Act of 2012
Banking
- Office of the Comptroller of the Currency Supports Earned Income Tax Credit Awareness Day, January 27, 2012Acting Comptroller of the Currency John Walsh today issued the following statement recognizing Earned Income Tax Credit (EITC) Awareness Day. […]
- Office of the Comptroller of the Currency Supports Earned Income Tax Credit Awareness Day, January 27, 2012
Securities Holding Companies
The Federal Reserve Board is seeking comment on a proposed rule outlining the procedures for securities holding companies (SHCs) to elect to be supervised by the Federal Reserve. An SHC is a nonbank company that owns at least one registered broker or dealer.
The Dodd-Frank Wall Street Reform and Consumer Protection Act eliminated the previous securities holding company supervision framework under the Securities and Exchange Commission and permitted SHCs to be supervised by the Federal Reserve. An SHC may seek supervision by the Federal Reserve to meet requirements by a regulator in another country that the firm be subject to comprehensive, consolidated supervision in the United States in order to operate in the country.
The proposal specifies the information that an SHC will need to provide to the Board as part of registration for supervision, including information related to organizational structure, capital, and financial condition. An SHC’s registration would generally become effective 45 days after the Board receives all required information.
The proposal provides that upon an effective registration, an SHC would be supervised and regulated as if it were a bank holding company. Consistent with the Dodd-Frank Act, the restrictions on nonbanking activities in the Bank Holding Company Act would not apply to a supervised SHC.
The Board will accept comments on the proposal through October 11, 2011.