'Wall Street West' plan for BCP

BUSINESS CONTINUITY

As a result of the September 11 attacks, the US Securities and Exchange Commission (SEC) and other government agencies recommended that all Wall Street firms move their backup facilities that are 50 miles outside of New York City to 125 miles, and put them on a separate power grid.

In February this year, the US Department of Labor announced that it would invest $195 million in 13 regional economies as part of President George Bush's Workforce Innovation in Regional Economic Development initiative

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T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

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