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Reduce liability for losses on commercial accounts by adhering to four requirements.
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7-Day Yield — 0.01
30-Day Yield — 0.02
7-Day Comp Yield — 0.01
All Taxable Averages (Based on 1,026 funds with assets of $2.32 trillion - 5/22/13)
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OCC Proposes Guidance for Social Media Risk Management
Jan 24 - The Office of the Comptroller of the Currency, in collaboration with the other members of the Federal Financial Institutions Examination Council, is issuing proposed guidance titled “Social Media: Consumer Compliance Risk Management Guidance” to address the applicability of consumer protection and compliance laws, regulations, and policies to activities conducted via social media. This proposed guidance was published in the Federal Register on Jan. 23, 2013, with comments requested by March 24, 2013.
Click here for the guidance.
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