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Author Archives: Sabrina I. Pacifici

Federal Reserve Board proposes new data collection requirements related to money market instruments

“The Federal Reserve Board on Tuesday proposed new data collection requirements related to selected money market instruments. To assist the Federal Reserve in monitoring money market conditions, the proposal would require insured depository institutions with total assets of $26 billion or more, and U.S. branches and agencies of foreign banks with third party assets of… Continue Reading

Pew – Younger Americans’ Library Habits and Expectations

Younger Americans’ Library Habits and Expectations by Kathryn Zickuhr, Lee Rainie and Kristen Purcell Summary of Findings: “Younger Americans—those ages 16-29—exhibit a fascinating mix of habits and preferences when it comes to reading, libraries, and technology. Almost all Americans under age 30 are online, and they are more likely than older patrons to use libraries’… Continue Reading

FTC – Guidance to Search Engine Industry on the Need to Distinguish Between Advertisements and Search Results

News release: “In an ongoing effort to ensure that its guidance for online advertisers stays current with changes in digital media, the Federal Trade Commission’s consumer protection staff sent letters to search engine companies to update guidance published in 2002 on distinguishing paid search results and other forms of advertising from natural search results.  The… Continue Reading

Google’s new transparency report now tracking malware

Google Transparency Report:  “Google’s Safe Browsing technology examines billions of URLs per day looking for unsafe websites. Every day, we discover thousands of new unsafe sites, many of which are legitimate websites that have been compromised. When we detect unsafe sites, we show warnings on Google Search and in web browsers. These unsafe sites fall… Continue Reading

Revised Basel III leverage ratio framework and disclosure requirements – consultative document

“An underlying feature of the financial crisis was the build-up of excessive on- and off-balance sheet leverage in the banking system. The Basel III reforms introduced a simple, transparent, non-risk based leverage ratio to act as a credible supplementary measure to the risk-based capital requirements. The leverage ratio is intended to: restrict the build-up of leverage in… Continue Reading

Home Prices Set Record Monthly Rise in April 2013 According to the S&P/Case-Shiller Home Price Indices

News release: “Data through April 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed average home prices increased 11.6% and 12.1% for the 10-and 20-City Composites in the 12 months ending in April 2013. From March to April, the 10-and 20-City Composites… Continue Reading

Basel Committee concludes assessment of Basel III capital regulations in Switzerland

“The Basel Committee on Banking Supervision has today published a report assessing the regulations that implement the Basel capital framework in Switzerland. The assessment team evaluated compliance of Switzerland’s domestic capital rules vis-à-vis international Basel capital standards through its Regulatory Consistency Assessment Programme (RCAP). The team held technical discussions with senior officials and staff of the Swiss… Continue Reading

ISOO releases the FY 2012 Annual Report to the President and Cost Report

“This report provides statistics and analysis of the system of classification and declassification based on ISOO’s review of Departments’ and Agencies’ programs, including agency self-reporting. It also contains information with respect to industrial security in the private sector as required by Executive Order 12829, as amended, “National Industrial Security Program.” This year, we have incorporated… Continue Reading

New Report Shows that Basic Savings Accounts Remain Important Savings Vehicle for Americans

“In a new report released today, the Consumer Federation of America (CFA) revealed that basic savings accounts remain an important savings vehicle for most Americans, especially for low- and moderate-income (LMI) families, but that these accounts vary widely in terms of pro- and anti-consumer characteristics. “Bank savings accounts remain the most useful way for most… Continue Reading

The Hill – Tech companies fret over loss of consumers’ trust after NSA revelations

Jennifer Martinez : “The country’s most prominent tech companies, including Google and Facebook, are scrambling to save their reputations with users following the revelations over a National Security Agency surveillance program that monitors Internet traffic to thwart terrorist attacks. Since the reports broke, tech companies have mobilized into full-on damage control mode in hopes of… Continue Reading