OLDWICK, New Jersey, August 08, 2022–(BUSINESS WIRE)–AM Best released newly updated tables of net capital charges associated with a representative sample of Fannie Mae and Freddie Mac credit risk transfer (CRT) mortgage transactions — Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of […]
May 05, 2022 Goodwin Procter LLP To print this article, all you need to do is be registered or log in to Mondaq.com. The SEC recently released its 2022 Review Priorities Letter on the heels of FINRA’s release of its 2022 Risk Review and Oversight Program Report. One of the many areas of […]
Investors check the A-share market at a securities brokerage in Jinhua, east China’s Zhejiang province, in July. Photo: CGV Industry watchers are trying to decipher the reasons for the sharp capital outflows from the Chinese mainland market over the past month, with many arguing that the tightening of US monetary policy to curb inflation and […]
On Thursday, trading platform Better Opinions said it had raised $1 million (about Rs 7.5 crore) pre-seed funding from Y Combinator, Java Capital, Soma Capital. ADVERTISING The round also saw the participation of Mayank Kumar, co-founder of UpGrad, Sudhanshu Raheja, head of products and engineering at GoTo Financials (Gojek-Tokopedia), Pratyush Prasanna, senior vice president at […]
Fintech platform GoalTeller said it had raised pre-Series A funding of $500,000 (about Rs 3 crore) from a host of existing investors, founders, family and friends, including Ranjan Pai (Chairman of MEMG), Vivek Banka (Co-Founder of GoalTeller), Harsh Chhaparia (Partner at McKinsey & Co.) and Prashasta Seth (Angel Investor and Founder of Prudent Investment Managers […]
United States: Company Pays FINRA Fees for Net Capital Rule Violations January 12, 2022 Cadwalader, Wickersham & Taft LLP To print this article, all you need to do is be registered or log in to Mondaq.com. A company installed FINRA charges for conducting a securities business while failing to maintain the minimum net capital required […]
Tuesday, Dec 07, 2021 / 8:45 a.m. / by FBNQuest Research / Header image credit: FBNQuest According to the most recent CBN monthly economic report, net capital inflows (after adjusting for capital exports) into the Nigerian economy improved to $ 0.06 billion on July 21, from a net capital outflow. of about $ 0.2 billion […]
United States: Broker-trader pays FINRA fees for net capital deficiencies 25 October 2021 Cadwalader, Wickersham & Taft LLP To print this article, simply register or connect to Mondaq.com. A broker installed FINRA charges for net capital deficiencies, failure to notify the SEC or FINRA of deficiencies in a timely manner, and inaccurate record keeping. In […]
Income from capital does not increase without limit at the expense of labor, and further accumulation of capital in fact most likely means a fall in the share of capital in total income – refuting one of the main theories in the popular book of l ‘economist Thomas Piketty Capital in the 21st Century. Existing […]