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Québec Regulator Announces Roundtable for Proposed Derivatives Regulation

“The aim of the regulation proposed by CSA is to create a uniform approach to derivatives business conduct regulation in Canada” reports financemagnates.com. The first focuses on improving business conduct by dealers and advisers in the over-the-counter (OTC) derivatives market.The CSA’s goal to improve the standards of its derivatives market is in-line with the current industry trend. Source: financemagnates.com Share This:

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California to reject cancer warning to coffee drinkers

“California officials, having concluded coffee drinking is not risky, are proposing a regulation that will essentially tell consumers they can drink without fear” writes Associated Press In for theguardian.com. Judge Elihu Berle found that Starbucks and other roasters and retailers failed to show that benefits from drinking coffee outweighed any cancer risks.Scientific evidence on coffee has gone back and forth but concerns have eased recently about possible dangers, with some studies finding health benefits.Coffee companies do not deny that acrylamide is found in coffee, but argue it is only found…

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California moves to clear coffee of cancer-risk stigma

“Judge Elihu Berle found that Starbucks and other coffee roasters and retailers had failed to show that benefits from drinking coffee outweighed any cancer risks” writes Brian Melley for seattletimes.com. Big Coffee didn’t deny that acrylamide was found in the coffee, but argued it was only found at low levels and was outweighed by other benefits such as antioxidants that reduce cancer risk.The state agency implements a law passed by voters in 1986 that requires warnings of chemicals known to cause cancer and birth defects.California officials, having concluded coffee drinking…

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California moves to declare coffee safe from cancer risk

“Judge Elihu Berle found that Starbucks and other coffee roasters and retailers had failed to show that benefits from drinking coffee outweighed any cancer risks” writes Brian Melley for suntimes.com. Big Coffee didn’t deny that acrylamide was found in the coffee, but they argued it was only found at low levels and was outweighed by other benefits such as antioxidants that reduce cancer risk.The state agency implements a law passed by voters in 1986 that requires warnings of chemicals known to cause cancer and birth defects.The Safe Drinking Water and…

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Feds weigh costly new regulation for Maine lobstermen

“The administration says only 10 percent of the state’s lobstermen currently report trip-level data” writes Ap Photo Robert for washingtonexaminer.com. The federal government is considering requiring all Maine lobstermen to report their harvests after each outing, a move that may face stiff opposition from an industry worried about the cost.NOAA’s current regulatory framework requires only 60 percent of federal permit holders to report trip-level data. Source: washingtonexaminer.com Share This:

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Why the game industry stays vigilant on violence claims, regulation, and disruption

“That investment is in great content, great games, and great experiences” writes Dean Takahashi for venturebeat.com. The game industry is bigger than ever, with estimates of revenues as high as $150 billion worldwide.When it comes to impact, you’re all aware of the social media, traditional media that attend the show. Source: venturebeat.com Share This:

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Crypto Futures News 

Indonesia Approves Cryptocurrency Futures Trading, Prepares Regulation

“Indonesian financial media outlet Kontan reports that cryptocurrency futures trading is now legal in the country” reports financemagnates.com. The agency is also preparing taxation laws, amd has requested that Indodax report cryptocurrency trading information.According to Kontan, Dharma Yoga, head of the Commodity Futures Trading Supervisory Agency (known as Bappebti), announced last week that cryptocurrency can be considered a commodity that can be traded on futures exchanges.The existence of Indodax itself could be considered surprising, but the aforementioned law technically did not cover cryptocurrency trading or mining.This is another surprising development…

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How Amazon Alexa and Google’s Duplex could trigger new privacy concerns

“Voice technology gadgets, including Amazon’s Alexa and Google’s Duplex, could get caught up in the next data protection battleground” writes Seamus Conwell for cnbc.com. The implementation of new data rules in Europe, coupled with increased consumer awareness following the Facebook and Cambridge Analytica scandal, is helping to bring voice data privacy into the spotlight. Source: cnbc.com Share This:

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Trump Breaks Protocol With Tweet Before Jobs Data Is Released

“Before he became president, and began to celebrate strong jobs reports, Mr” reports nytimes.com. Trump on Friday afternoon by flagging an evening speech by President Barack Obama on Feb. 5, 2009, the night before the first jobs report release of Mr.Trump actively worked to undermine confidence in economic data.Still, some expressed concern that the president could turn one of the most important signals about the health of the economy into a trading game that could destabilize financial markets by prompting a rapid sell-off in advance of future jobs reports if…

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Zillow CEO defends Facebook: The look in Sheryl Sandberg’s eyes shows she’s ‘taken this to heart’

“Weighing in on tech regulation from Recode’s Code Conference on Wednesday, Zillow CEO Spencer Rascoff rushed to Facebook’s defense” writes Asa Mathat for cnbc.com. He said the social network shows evidence of a “cultural shift,” and executives are now more wary of the negative potential of their platform.”More important than actual regulation will be that companies take seriously the impact of their platform – and yes, I do think Facebook has realized that,” Rascoff said on Wednesday. Source: cnbc.com Share This:

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