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January 25, 2023
<p><span>Today, the Commission is considering whether to re-propose rules to prohibit a range of market participants that sell or sponsor asset-backed securities (ABS) from taking positions against those very products. I am pleased to support this re-proposed rule as it fulfills Congress&rsquo;s mandate to address conflicts of interests in the securitization market, which contributed to the 2008 financial crisis.</span></p>
January 25, 2023
<p><span>The Commission is proposing to implement Section 621 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.</span><span>&nbsp;Even though it has been said frequently, I&rsquo;d like to commend the work of so many tireless advocates, public servants, and elected officials in shepherding through a statute to protect American investors and their families, and to reduce the likelihood of a recurrence of the events that led up to the Global Financia...
January 25, 2023
<p><span>Thank you, Chair Gensler. Before I discuss today&rsquo;s proposal, I want to recognize Renee Jones for her leadership of the Division of Corporation Finance since June 2021 and wish her the best in her return to academia. Congratulations to Erik Gerding as he prepares to step into his new role as Renee&rsquo;s successor. I also want to recognize Dan Berkovitz for serving as general counsel to the Commission, as well as a lifetime of public service, including as a Con...
January 20, 2023
The General Authority of Customs has disclosed that the Land Customs Administration at Abu Samra received 844,737 passengers entering and exiting duri...
January 19, 2023
The most severe power cuts ever experienced in South Africa are threatening food and water supplies and disrupting the lives of millions of people, including chicken farmers.
January 18, 2023
Eskom has now cut power on every day since October 31.
January 11, 2023
Saying we arent beholding to the chinese government but our f.b.i. director christopher wray and admiral haines disagree. >> dana: this is one of the only bipartisan agreements in americans. members are mike gallagher and kristin murphy of illinois. saying it poses a significant threat. to sponsor halftime shows raise serious questions about espn risk analysis and sponsorships. bipartisan in one of the last acts of congress before it switched over nancy pelosi said i can agree, you cant have the...
January 11, 2023
With rising inflation and interest rates is the insurance industry prepared for what's ahead?
January 9, 2023
One result of Quantitative Easing has been search for better investment returns. Rediscovery of inflation by Federal Open Market Committee of Federal Reserve Board of Governors has resulted in increases in federal fund rate, but investors have been bold in placing bets.