risk mitigation News

Compliance Officers Wary of Switch to ‘Wild West’ Crypto Sector

NEW YORK/LONDON — After almost three decades in senior compliance roles at large financial firms including Bank of New York Mellon’s Pershing and Goldman Sachs Group Inc, Jeff Horowitz made an unconventional career move. In July he became chief compliance …

Massachusetts to Fund Upgrades for Dams, Coastal Seawalls

Massachusetts Gov. Deval Patrick’s administration says it will invest more than $13 million in shoring up many of the state’s dams and coastal seawalls. Secretary Maeve Vallely Bartlett, secretary of Energy and Environmental Affairs, plans to announce the loans and …

New York’s Staten Island Gets $56M to Control Future Flooding

New York officials say $33 million in federal Sandy relief will be going toward the purchase of about 24 acres on Staten Island to control future flooding. Sen. Charles Schumer and New York City Mayor Bill de Blasio announced the …