ION has reportedly paid the ransom – but could it cause more harm than good?
The firm plans to rebuild rather than restore, despite rumours that the ransom has been paid – but could it be liable for a regulatory penalty in response?
Tag: US Treasury
ION cyber concerns continue – US Treasury steps in
Rumours abound regarding ransom demands, and the US Department of the Treasury has convened to discuss the implications of the attack.
Wall Street banks return to Russian bond trading
Players including JP Morgan, Bank of America and Citigroup have started dealing in Russian bonds again after new Treasury guidelines gave the go-ahead, according to Reuters.
CME Clearing expands collateral to include short-term US Treasury ETFs
The addition will provide clearing members and their clients with greater flexibility and increased efficiency in managing collateral costs.
Fixed Income
New US Treasury survey launched by The TRADE and Aite Group
Readers of The TRADE invited to complete five-minute survey on the US Treasury market and receive results this summer.
Former Morgan Stanley, Deutsche Bank fixed income head goes live with startup platform
OpenDoor Securities aims to bring traders to the less-liquid segments of the US Treasury market.
SEC eyes public reporting amid US Treasury reporting rules
SEC chair, Mary Jo White, said in keynote speech that public reporting is next critical step for the US regulator.