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It Plays Better With Reverb: Thoughts On A New Model of Data Sharing - By: Craig Mohan, Chief Growth Officer, Trading Technologies International
Date 21/05/2020
Of the many advantages to being on the TT®️ platform, several are obvious and have been covered in other blog posts, and many are still emerging. This post sheds some new light on the advantages to our customers from a market data perspective, both commercially and technically.
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Meeting Of The Investor Advisory Committee, SEC Chairman Jay Clayton, May 21, 2020
Date 21/05/2020
Thank you, Anne (Sheehan), and thank you for recognizing the importance of the Commission’s staff to all of our work. As recent events have proved, they are true professionals who have the interests of investors front of mind. I want to start by extending a warm welcome to the new members of the Committee: Cien Asoera, Ted Daniels, Elissa Germaine, Satyam Khanna, Lori Lucas and Christopher Mirabile. Satyam will be joining the Committee at the next meeting. Your diverse and impressive expertise will benefit the work of this Committee and I look forward to working with you.
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U.S. Economic Outlook And Monetary Policy, Federal Reserve Vice Chair Richard H. Clarida At The New York Association For Business Economics, New York, New York (Via Webcast)
Date 21/05/2020
It is my pleasure to meet virtually with you today at the New York Association for Business Economics.1 I have been looking forward to this session, and I am sorry that I cannot join you in person, as I always value my opportunities for dialogue with business and market economists. Since mid-March, along with my Federal Open Market Committee (FOMC) colleagues, I have been working from home. While I certainly miss the opportunities for face-to-face interactions along the corridors of the Board's Eccles Building, I am grateful to be able to work from home and want to convey my deep gratitude to all of those on the frontlines of the crisis, who are working outside the comfort of their homes in hospitals, emergency services, and care facilities.
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Statement On Financial Disclosures About Acquired And Disposed Businesses, SEC Commissioner Allison Herren Lee, May 21, 2020
Date 21/05/2020
Today the Commission amends its rules governing disclosures public companies must provide when they buy and sell businesses. Unfortunately, today’s rulemaking does not adequately address the risks of reduced transparency for investors with respect to this activity, nor does it properly examine the potential effects on competition, particularly in the present economic climate where the risks that arise from overly concentrated markets are heightened.
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IMF Executive Board Approves US$ 396 Million In Emergency Assistance To Jordan To Address The COVID-19 Pandemic
Date 21/05/2020
- The IMF approved Jordan’s request for emergency financial assistance under the Rapid Financing Instrument (RFI) of about US$396 million.
- This emergency financial assistance will help address the country’s balance of payment needs and allow for higher spending on healthcare, containment, and assistance to households and companies most affected by COVID-19 crisis.
- The Jordanian authorities are committed to transparency and accountability for all emergency spending.
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SEC Adopts Amendments To Improve Financial Disclosures About Acquisitions And Dispositions Of Businesses
Date 21/05/2020
The Securities and Exchange Commission today announced that it has voted to adopt amendments to its rules and forms to improve for investors the financial information about acquired or disposed businesses, facilitate more timely access to capital, and reduce the complexity and costs to prepare the disclosure. The amendments will update our rules which have not been comprehensively addressed since their adoption, some over 30 years ago.
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Comment From Anthony Ginsberg, Creator Of The HAN-GINS Cloud Technology ETF And The HAN-GINS Innovative Technologies ETF: Tesla And The Rise Of The Cloud
Date 21/05/2020
Tesla’s three most recent profitable quarters means it is now on the verge of qualifying for the S&P 500 index. Its share price jumped above $800 this week (from a March low around $400) and it has a market value of $150bn – almost 3 times the combined value of two famous US automakers, Ford and General Motors.
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New CISI Deal With Tanzania Institute Of Bankers To Enhance Global Professional Standards
Date 21/05/2020
The Chartered Institute for Securities & Investment (CISI) and the Tanzania Institute of Bankers (TIOB) have signed an MoU with the aim of advancing professional standards in the Tanzanian banking sector.
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DriveWealth Brings U.S. Stock Investing Capability To India-Based AI Wealth Management Firm - INDmoney Integrates DriveWealth's Technology Into SuperMoneyApp
Date 21/05/2020
DriveWealth, LLC<https://drivewealth.com/>, a U.S. based leader in global digital trading technology, announced today that the firm has partnered with INDmoney, an artificial intelligence (AI) and machine-learning based wealth management platform in India, to bring U.S. stock investing technology and capability to INDmoney clients.
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Hong Kong Securities And Futures Commission Seeks Court Order To Wind Up Combest Holdings Limited
Date 21/05/2020
The Securities and Futures Commission (SFC) has presented a petition to the Court of First Instance to wind up Combest Holdings Limited (Combest) and to disqualify the company's executive directors, Mr Liu Tin Lap and Mr Lee Man To, and a suspected shadow director, Mr Ng Kwok Fai under the Securities and Future Ordinance to protect the interest of Combest's shareholders, creditors and the investing public.
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