Week InReview |  The Cyber Cafe is now open. Every Friday in the INVESTORS Week InReview. Cybersecurity regulation, the latest  standards, & news you can use. For more information on our Cyber Security Council, contact Matthew Jones, staff director at (202) 712-9050.
Fri Mar 3, 2017
Let's recap
In case you missed it . . .
Flurry of litigation targets financial companies that put their own investment funds in their employees' 401(k) plan; e arly successes of litigation effort over widespread practice suggests more lawsuits could follow (Feb 2)

Some lenders could find themselves in vulnerable position after increases, FDIC warns (Mar 1)

SEC takes aim at municipal bank loan disclosure
The Securities and Exchange Commission agreed to move forward with proposals requiring the disclosure of bank loans and other private financial deals entered into by municipal bond market issuers (Mar 1)

Trump regulation rollback may threaten U.S. firms' EU access
European Commission VP says EU to monitor review of Dodd-Frank rules;  EU will assess 'practical outcomes' of U.S. policy overhaul (Feb 28)

Vague VM relief criteria creates trading uncertainty
Dealers were still unsure of exactly which counterparties they will be able to trade with after the new derivatives margin regime began Mar. 1, following US and EU regulators' moves last week to ease the timeline for compliance for certain firms (Feb 28)
The Cyber Cafe
Cybersecurity news every Friday
In cybersecurity, language is a source of misunderstandings; t o successfully fight threats across industries, we must all use the same terminology

Security at the crossroads: the architectural gap: t here may be no closer analogy today to the Myth of Sisyphus, in which the protagonist is condemned to repeatedly pushing a boulder up a mountain, than current global spending on cybersecurity
-  Forbes

5 ways to combat 'Cyber Fatigue': t he symptoms aren't hard to find: endless meetings on cybersecurity, enormous sums spent on new technology and escalating demands from customers and regulators to protect personal information
-  Forbes
Clearinghouses give incomplete stability data
Treasury's OFR says
(Mar 1) -- Clearinghouse are submitting ambiguous and inconsistent information to show compliance with international regulations, which gives regulators an unclear and incomplete picture of the central counterparties' solvency, according to a Mar. 1 report from the Treasury Department's Office of Financial Research. Since Jan. 2016, clearinghouses have been required to make quarterly disclosures about their financial resources, concentrations of risk and other information, but their first year of reporting has revealed gaps in the data. Four major U.S. clearinghouses were examined - CME Clearing, ICE Clear Credit, LCH Clearnet Ltd. and Options Clearing Corp.
Binge reading disorder
Hand-curated, chosen with love
Trump's Russian connections
Donald Trump's ties to Russia are a mix of bling, business and bluster spanning 30 years

Thou shalt not buy biblically responsible ETFs: Barry Ritholtz
Separate your politics from your portfolio

When bankers started playing with other people's money
In 1970, the small firm of Donaldson, Lufkin & Jenrette held its IPO - and fundamentally reshaped the world of finance
Transparency.
Inclusiveness.
Consensus.