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US Federal Agencies Announce Threshold For Smaller Loan Exemption From Appraisal Requirements For Higher-Priced Mortgage Loans
Date 13/10/2022
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency today announced that the 2023 threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans will increase from $28,500 to $31,000.
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US Federal Agencies Announce Dollar Thresholds In Regulation Z And Regulation M For Exempt Consumer Credit And Lease Transactions
Date 13/10/2022
The Federal Reserve Board and the Consumer Financial Protection Bureau today announced the dollar thresholds used to determine whether certain consumer credit and lease transactions in 2023 are exempt from Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing).
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British Columbia Securities Commission Launches Redesigned Investor Education Website InvestRight
Date 13/10/2022
The B.C. Securities Commission (BCSC) has given its investor education website InvestRight.org a brand new look, helping visitors more easily find the information they need to feel empowered and informed about their investment decisions.
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Alberta Securities Commission Connect 2022 To Provide Expert Perspectives On The Future Of Alberta’s Capital Market
Date 13/10/2022
Today, the Alberta Securities Commission (ASC) is holding its sixth annual ASC Connect conference, where industry experts and senior ASC leaders will discuss opportunities and evolving trends in Alberta’s capital market.
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CFTC: Federal Court Orders California Man And His Company To Pay Over $7.6 Million For Commodity Pool Fraud
Date 13/10/2022
The Commodity Futures Trading Commission today announced the U.S. District Court for the Central District of California entered, on August 22, a default order for a permanent injunction, monetary sanctions, and equitable relief against defendants Daniel Adam Hewko (Hewko) of Irvine, California and Main & Prospect Capital, LLC (MPC) of Suisan, California.
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Remarks By Secretary Of The Treasury Janet L. Yellen At Bilateral Meeting With European Commission Executive Vice-President And Trade Commissioner Valdis Dombrovskis And European Commissioner For Economy Paolo Gentiloni
Date 13/10/2022
Thank you, Commissioner Dombrovskis and Commissioner Gentiloni for meeting with me here today.
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Ecosystems And IPOs: Remarks At The Meeting Of The Small Business Capital Formation Advisory Committee, SEC Commissioner Hester M. Peirce, Oct. 13, 2022
Date 13/10/2022
Good morning. Thank you to our committee members for convening and to our panelists for joining today’s meeting.[1] Thank you to Andrea Seidt from the great state of Ohio for lending your talents. Welcome to Bill Beatty, who will take Andrea’s place as the NASAA representative. I am grateful that today’s discussion will cover two vitally important topics for smaller businesses: entrepreneurial ecosystems and trends in going public.
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New Jersey Real Estate Development Firm and Four Executives Charged With $600 Million Ponzi-Like Fraud
Date 13/10/2022
The Securities and Exchange Commission today charged New Jersey-based National Realty Investment Advisors LLC (NRIA) and four of its former executives with running a Ponzi-like scheme that raised approximately $600 million from about 2,000 investors.
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Raising The Bar On Diversity, Equity And Inclusion, SEC Commissioner Jaime Lizárraga, ICI Securities Development Conference, Oct. 13, 2022
Date 13/10/2022
Thank you Sarah for your kind introduction. It is a pleasure to join you today to offer a few thoughts about diversity, equity and inclusion (DEI). And to do so as this year’s Hispanic Heritage Month comes to a close.
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Joint IMFC And Development Committee Statement By US Secretary Of The Treasury Janet L. Yellen
Date 13/10/2022
The United States remains resolute in its condemnation of Russia’s illegal war against Ukraine, which violates international norms and the core tenets of the United Nations Charter. We urge Russia to immediately end this needless war. We stand with the Ukrainian people and their government against Russia’s aggression and fraudulent attempts to annex parts of Ukraine. We continue to provide critical military and economic support to Ukraine in cooperation with bilateral and multilateral partners. This economic support includes debt service suspension from Ukraine’s Group of Creditors through 2023, alongside financing from international financial institutions (IFIs) and direct bilateral aid. While the Ukrainian people pay the highest price, Russia’s actions also place immense pressure on a global economy still recovering from the scarring effects of the COVID-19 pandemic and on people well beyond Europe’s shores. The IMF and World Bank play unique roles in helping countries around the world respond to these shocks while collaborating to provide unprecedented financing.
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