Page 4 - Eric Pan News Today

NOMINATION OF HERMIEN SMEETS-FLIER AS CHIEF FINANCIAL OFFICER Amsterdam, the Netherlands - Flow Traders Ltd. (Euronext: FLOW) announces the nomination of Hermien Smeets-Flier for election as Chief Financial Officer

Regulators voted Wednesday to impose new rules on money-market mutual funds in an effort to prevent potential runs on their assets

The new rules are meant to discourage runs like the one in March 2020 and shield remaining shareholders from costs tied to the high level of redemptions.

The U.S. Securities and Exchange Commission on Wednesday finalized rules aimed at increasing the resilience of the $5.5 trillion money market fund industry, but scrapped a proposed new pricing model that had been strongly opposed by asset managers.

The SEC finalized rules designed to stem rapid outflows from money-market funds during times of financial stress.

FLOW TRADERS Q2 2023 NTI PREVIEW Amsterdam, the Netherlands - Flow Traders Ltd. releases an unaudited NTI preview for Q2 2023. Based on an assessment of current market expectations and a...

SEC Chairman Gary Gensler offered a spirited defense of the swing pricing proposal in a conversation with ICI’s Eric Pan.

SEC Chair Gary Gensler forcefully defended proposal to reform mutual funds to skeptical indutry audience at an ICI conference.

Pop artists Ariana Grande and Justin Bieber, rap artists Migos and Lil Baby and K-pop groups BTS and NewJeans all have one thing in common. As of this year, these artists and music groups are managed under one parent organization: HYBE Label.

Gary Gensler said he’s “very confident” the Securities and Exchange Commission can pursue its agenda unfettered.