The difference between short-dated and longer-dated US Treasury yields narrowed to a level last seen in 2007 on Wednesday, as investors weighed the prospect of a quicker pace of interest rate increases with rising uncertainties over the outlook for global growth (Financial Times | Mar 29)
The capital's "political intelligence" industry is now in federal prosecutors' crosshairs. Hedge funds and other businesses pay consultants, often recent government employees, expecting them to leverage relationships with colleagues still in public service to get a heads-up on government actions that could move markets. (Bloomberg Politics | Mar 29)
Issuance of Collateralized Loan Obligation funds could surge after the Federal Reserve and Securities and Exchange Commission decided not to appeal a February court ruling that exempted the deals from Dodd-Frank 'skin in the game' rules (Reuters | Mar 27)
The big questions, according to the Division of Investment Management's Dalia Blass: Should ETF index providers register as investment advisors? And what does 'ETF' really mean these days? (Think Advisor | Mar 26)
Behavior-tracking security tech gaining traction at banks
Behavioral biometrics - the coding of a user's actions to verify their identity - is painless for customers to use and hard for criminals to spoof. And it's not subject to the same kinds of privacy protection regulations as other biometrics - such as a thumbprint or a retina scan.
Cybersecurity by the numbers: surveys reflect wide range of concerns
Recent surveys and analysis provide fresh insights, from senior management and board of directors not taking cyber threats seriously enough, IoT and mobile security deficiencies, the perennial cybersecurity skills shortage, new types of attacks on consumers and businesses, and the increasing threat of a global cyber war.
The return of market volatility on Monday, Feb. 5, 2018, was dramatic. The 20 point jump in VIX, a traded measure of expected stock market volatility - best thought of as the price of insurance against a market crash - was the largest daily increase since the 1987 stock market crash.