Remove 2017 12
article thumbnail

Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The proposed rule will amend the definition of “non-deposit product” and “uninsured financial product” to include “crypto-assets,” thereby requiring IDI’s to clearly, continuously, and conspicuously display disclosures indicating that crypto-assets are not insured by the FDIC. On December 12, the U.S. For more information, click here.

article thumbnail

DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Additional Resources on the House Financial-Services Committee hearing on GameStop are here. Road Map to T+1.

Trade 52
article thumbnail

DTCC Proposes Path to T+1 Settlement Cycle in Two Years

Burr Forman

The clearing and settlement process was front and center at the House Financial Services Committee’s February 18, 2021 hearing over the GameStop (NYSE: “GME”) short-squeeze and Robinhood’s pause in GME trading. Additional Resources on the House Financial-Services Committee hearing on GameStop are here. Road Map to T+1.

Trade 40