The Securities Appellate Tribunal (SAT) has granted an interim stay on markets regulator Sebi order that had slapped a penalty of Rs 25 crore on Yes Bank in a case of mis-selling AT-1 bonds. Apart from penalising Yes Bank, Sebi in its order in April, imposed a fine of Rs 1 crore on Vivek Kanwar, who was the head of the private wealth management team, and Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga. The two individuals were part of the private wealth management team at the time of the violation.
Sebi alleged misrepresentation by the bank and certain officials for not informing investors of the risk involved while selling the AT -1 (Additional Tier-1) bonds in the secondary market.
May 22 2021
Many people supported aid to low-income students, others wanted schools funds to pay for other things.
Politically, Oregon has a clear divide between its urban and rural residents. A statewide survey in early May shows Oregonians have a similar urban/rural split on how school districts should spend millions of COVID-19 relief dollars from three aid packages passed by U.S. Congress since last spring.
There are also divides in what young and elderly Oregonians prioritize for education funding.
The survey was conducted by the nonprofit, nonpartisan polling organization Oregon Values and Beliefs Center from May 4 to 10, according to a press release. When asked if state and local school leaders should emphasize spending COVID-19 relief dollars to help low-income students and students of color, 54% of all respondents answered yes, compared to 28% who said no and 18% who were undecided.
May 13 2021
The Oregon Health Authority reports 733 new cases, increases the total to 193,732 by May 13.
Oregon health officials reported 14 new COVID-19 related deaths on Thursday, raising the state s death toll to 2,572.
The Oregon Health Authority reported 733 new confirmed and presumptive cases of the virus. Oregon has now tallied a total of 193,732 cases since the start of the pandemic.
There were 351 people being treated for COVID-19 at Oregon hospitals and 88 patients in ICU beds on Thursday.
Another 30,037 new vaccine doses were added to Oregon s immunization registry. To date, Oregon has administered a total of 1,881,250 first and second doses of Pfizer, 1,437,343 first and second doses of Moderna and 116,551 single doses of Johnson & Johnson COVID-19 vaccines.