WASHINGTON – Sen. Maria Cantwell wants to use state gambling laws to regulate parts of Wall Street, saying someone needs to police financial markets where “casino capitalism” involving highly speculative trades she likens to sophisticated betting continue unabated and threaten to create yet another financial crisis.
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The Treasury Department and the Federal Reserve are giving US financial institutions an additional six months to comply with regulations designed to ban Internet gambling.
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Regulation intended to ban unlawful Internet gambling were to start next week.
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Drilling rigs up by seven in Oklahoma to 86
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WASHINGTON, Nov. 27 (UPI) — U.S banks have another six months to comply with regulations aimed at preventing Internet gambling, federal officials said Friday.
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Pee Dee mill closes under ailing owner
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Stockholm — A spokeswoman for General Motors’ Saab unit says several potential buyers have expressed interest in the Swedish brand after specialty car maker pulled out of a deal to acquire it.
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Online gambling rules delayed
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WASHINGTON - The Treasury Department and the Federal Reserve are giving U.S. financial institutions an additional six months to comply with regulations designed to ban Internet gambling.
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The only woman gang boss arrested in Chongqing’s massive crackdown was sentenced to 18 years in jail Tuesday (November 3). Xie Caiping, 46, called “Sister Xie” by many, was allegedly protected by the former director of the Chongqing judicial bureau, Wen Qiang, 52, who is Xie’s brother-in-law.
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