Rules under consideration by federal regulators could require clearinghouses to back up Treasuries pledged as collateral in the $693 trillion over-the-counter (OTC) derivatives market with credit lines, according to industry executives.
Despite the intangible in its name, the levy applies broadly to income.
A team from Gibson, Dunn & Crutcher has joined the sprawling suits as plaintiffs seek to force the company to hold onto the batteries it's replacing in a wide-scale effort to address diminished performance in older iPhones.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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