Documents tagged "Commission"
Found 24 documents with this tag
HOUSE_OVERSIGHT_026521.txt
The paper discusses a game theory model of cooperation in which players choose whether or not to cooperate without assessing the costs beforehand. The authors propose that this behavior can be explained by a trust-based mechanism, where individuals are more likely to cooperate with others who have demonstrated trustworthy behaviors. The authors also show through simulations and analytical methods that this cooperative equilibrium is stable under various conditions and can increase cooperation frequency compared to equilibria in which players always assess the costs before cooperating.
HOUSE_OVERSIGHT_023567.txt
The document discusses the impact of quantitative easing on insurers and pension plans in Europe. It highlights how the European Central Bank's asset purchase programs have led to the insolvency of life insurers and defined benefit pension plans. The author warns that these problems threaten not only the European economy but also the careers of institutional investors. The article suggests that Europe cannot afford policy mistakes like America and Canada, where social dissolution is less likely due to a larger margin for error. The text references the borderless Schengen area and the European Commission president's recent comments about the single currency in relation to the Schengen agreement's failure.
HOUSE_OVERSIGHT_022494.txt
The Resource Guide to the U.S. Foreign Corrupt Practices Act provides information for businesses and individuals about the FCPA and its enforcement. The guide is a non-binding, informal summary prepared by staff from the Criminal Division of the U.S. Department of Justice and the Enforcement Division of the U.S. Securities and Exchange Commission. It does not create any rights or substitute for legal counsel on specific issues related to the FCPA. Companies or individuals seeking an opinion concerning specific prospective conduct can use the U.S. Department of Justice's opinion procedure. The guide is available online at justice.gov/criminal/fraud/fcpa and sec.gov/spotlight/fcpa.
HOUSE_OVERSIGHT_019856.txt
The U.S. Supreme Court has lowered the standard for proving insider trading involving tipping family or friends in the case of Salman v. U.S. The court held that a gift of inside information to a family or friend is sufficient to prove insider trading tipping liability, even if there is no valuable quid pro quo exchange. This narrows the previous requirement under Newman that required proof of pecuniary benefit or similarly valuable personal benefit. It will likely embolden the government to bring more similar cases as it becomes easier for them to prove a "gift" to a "friend" than a financial gain.