Detecting Potential Overbilling in Medicare Reimbursement via Hours Worked --...
Medicare overbilling refers to the phenomenon that providers report more and/or higher-intensity service codes than actually delivered to receive higher Medicare reimbursement. We propose a novel and...
View ArticleDisruptive Change in the Taxi Business: The Case of Uber -- by Judd Cramer,...
In most cities, the taxi industry is highly regulated and utilizes technology developed in the 1940s. Ride sharing services such as Uber and Lyft, which use modern internet-based mobile technology to...
View ArticleCopyright Enforcement: Evidence from Two Field Experiments -- by Hong Luo,...
Effective dispute resolution is important for reducing private and social costs. We study how resolution responds to changes in price and communication using a new, extensive dataset of copyright...
View ArticleOffice Of The Comptroller Of The Currency Proposes Rule Changes To Reduce...
The Office of the Comptroller of the Currency (OCC) today proposed to remove outdated or unnecessary provisions of certain rules to reduce regulatory burden on national banks and federal savings...
View ArticleSEC Approves 2016 PCAOB Budget And Accounting Support Fee
The Securities and Exchange Commission today approved the 2016 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee.read more...
View ArticleMortgage Contracting Services Expands Product Line With Acquisition Of EPIC...
Mortgage Contracting Services, LLC, (MCS) a nationwide provider of property preservation, inspections, REO property maintenance and valuations for the financial services industry, announced today that...
View ArticleSEC: AIG Affiliates Charged With Mutual Fund Shares Conflicts
The Securities and Exchange Commission today announced charges against three AIG affiliates for steering mutual fund clients toward more expensive share classes so the firms could collect more fees....
View ArticleAnnual Changes To The NASDAQ US Broad Dividend Achievers Index
The Nasdaq Group, Inc. (Nasdaq:NDAQ) today announced the results of the annual evaluation of the NASDAQ US Broad Dividend Achievers™ Index (Nasdaq:DAA), which will become effective prior to market open...
View ArticleChronos Solutions To Acquire Cutting Edge Mortgage Technology Company Cogent...
Chronos Solutions, a national real estate finance services provider, has agreed to acquire Cogent Road, a San Diego-based mortgage technology company. The acquisition will allow Chronos to expand its...
View ArticleEC And IMF Meet To Further Strengthen Partnership
European Commissioner for International Cooperation and Development, Neven Mimica, and International Monetary Fund (IMF) Deputy Managing Director, Carla Grasso, met on March 14, 2016 in Brussels to...
View ArticleCBOE Holdings Announces Date Of First-Quarter 2016 Earnings Release And...
CBOE Holdings, Inc. (NASDAQ: CBOE) will announce its financial results for the first quarter of 2016 before the market opens on Friday, April 29, 2016. A conference call with remarks by CBOE Holdings,...
View ArticleCFTC Orders Florida-based IBFX, Inc. (f/k/a TradeStation Forex, Inc.) To Pay...
The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Plantation, Florida-based IBFX, Inc. (IBFX), formerly known asTradeStation...
View ArticleSEC Charges Microcap Company CEO For Touting Bogus âClean Energyâ...
The Securities and Exchange Commission today charged a microcap company CEO for falsely claiming to have a lucrative relationship with the United Nations and billions of dollars in clean energy...
View ArticleCFTC Staff Provides Relief In Connection With Swap Trade Confirmations
The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) today issued a no-action letter extending the time period for relief in connection with swap trade confirmation...
View ArticleCalPERS Revises Governance Policy, Adopts 12 Years As Threshold For Director...
The California Public Employees' Retirement System (CalPERS) Board of Administration today adopted a revised version of their Global Governance Principles (PDF) (Principles), including a new provision...
View ArticleOn the overlaps between eigenvectors of correlated random matrices....
We obtain general, exact formulas for the overlaps between the eigenvectors of large correlated random matrices, with additive or multiplicative noise. These results have potential applications in many...
View ArticleContagion and Stability in Financial Networks. (arXiv:1603.04099v1 [q-fin.CP])
This paper investigates two mechanisms of financial contagion that are, firstly, the correlated exposure of banks to the same source of risk, and secondly the direct exposure of banks in the interbank...
View ArticleClustering Financial Time Series: How Long is Enough?. (arXiv:1603.04017v1...
Researchers have used from 30 days to several years of daily returns as source data for clustering financial time series based on their correlations. This paper sets up a statistical framework to study...
View ArticleAnalysis of the nonlinear option pricing model under variable transaction...
In this paper we analyze a nonlinear Black--Scholes model for option pricing under variable transaction costs. The diffusion coefficient of the nonlinear parabolic equation for the price $V$ is assumed...
View ArticleWiley and Peking University Launch New Chinese Management Accounting Online...
Wiley and Peking University collaborate on a new Management Accounting online course,Wiley-Peking University Management Accounting (WPMA), that aims to help accounting and finance professionals...
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