Action to Enhance Compliance with Broad Venezuela Sanctions Program Washington – The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today identified the Venezuelan state-owned airline Consorcio Venezolano de Industrias Aeronauticas y Servicios Aereos, S.A. (CONVIASA) as subject to sanctions as part of the Government of Venezuela, pursuant to Executive Order (E.O.) 13884. […]
Monthly Archives: February 2020
OCC Releases Dodd-Frank Act Stress Test Scenarios for 2020
News Release 2020-17 | February 6, 2020 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) released economic and financial market scenarios for use in the upcoming stress tests for covered institutions. The supervisory scenarios include baseline and severely adverse scenarios, as described in the OCC’s final rule that implements stress test requirements […]
Peloton Interactive, Inc. Announces Participation in the Goldman Technology and Internet Conference
NEW YORK, Feb. 06, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) today announced that the Company will be participating in the Goldman Technology and Internet Conference, held at the Palace Hotel in San Francisco, on Tuesday, February 11, 2020, at 3:20 PM PT. Attending for Peloton will be Jill Woodworth, Chief Financial Officer […]
Treasury Announces 2020 National Illicit Finance Strategy
Report identifies key illicit finance concerns for the United States and establishes a roadmap to modernize the U.S. counter-illicit finance regime WASHINGTON – The U.S. Department of the Treasury today issued the 2020 National Strategy for Combating Terrorist and Other Illicit Financing (2020 Strategy), which provides a roadmap to modernize the U.S. anti-money laundering/countering the […]
Peloton Interactive, Inc. Reports Second Quarter Fiscal 2020 Financial Results
NEW YORK, Feb. 05, 2020 (GLOBE NEWSWIRE) — Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for second quarter 2020. Please visit the Peloton investor relations website https://investor.onepeloton.com/financial-information/quarterly-results to view the second quarter 2020 shareholder letter. Today the company will host a live audio webcast of its conference call to discuss the results […]
Minutes of the Meeting of the Treasury Borrowing Advisory Committee of the Securities Industry and Financial Markets Association February 4, 2020
February 5, 2020 The Committee convened in a closed session at the Department of the Treasury at 8:00 a.m. All members were present. Principal Deputy Assistant Secretary for Financial Markets Kipp Kranbuhl, Deputy Assistant Secretary for Federal Finance Brian Smith, Director of the Office of Debt Management Fred Pietrangeli, and Deputy Director of the Office […]
United States – Singapore Joint Statement on Financial Services Data Connectivity
U.S. Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met in Singapore to discuss the importance of data connectivity in financial services. At the conclusion of their meeting, Under Secretary McIntosh and Deputy Managing Director Loh issued the following joint statement: Singapore – The United States and Singapore […]
Address by Under Secretary McIntosh at the Sim Kee Boon Institute for Financial Economics at Singapore Management University:
As prepared for delivery: 10:30 a.m. SGT February 6, 2020 Singapore Introduction Good morning. Thank you all for being here today to discuss the important and timely topic of data connectivity in financial services. I’m glad to be here in Southeast Asia, a diverse, vibrant, and economically critical part of the world. The United […]
Court Stops Sprawling Scheme That Operated Hundreds of Websites That Deceived Consumers About Government Services
A court has granted the Federal Trade Commission’s request to preliminarily halt a scheme in which the defendants operated hundreds of websites that promised a quick and easy government service, such as renewing a driver’s license, or eligibility determinations for public benefits. Following an evidentiary hearing, the court held that the FTC was likely to prevail […]
FTC Takes Action to Stop Anti-Aging “Cure-All” Marketers From Making Baseless Health Claims
The sellers of a pill called ReJuvenation settled Federal Trade Commission charges that they deceptively claimed that their product is a virtual cure-all for age-related ailments—including cell damage, heart attack damage, brain damage, blindness, and deafness—and even aging itself. The orders settling the FTC’s complaint prohibit the defendants from making such claims unless they are […]