Page 62 - Risk Analysis News Today

<p><span>Thank you Chair Gensler, and thank you to my fellow Commissioners. </span></p>

<p><span>Today’s proposal represents a sea change. It embodies a belief that many sophisticated institutions and high net worth individuals are not competent or assertive enough to obtain and analyze the information they need to make good investment decisions or to structure appropriately their relationships with private funds. Therefore, the Commission judges it wise to divert resources from the protection of retail investors to safeguard these wealthy investors who are re...

<p><span>I want to begin by offering my thanks to the staff of the Divisions of Investment Management, Examinations, and Economic and Risk Analysis, Nancy Sumption, and the Offices of the Chief Accountant, Information Technology, and General Counsel.  Although I am unable to support today’s proposal, I appreciate all of the work and effort staff put into producing it, and I am grateful for the time they took to discuss my concerns and respond to my questions.</s...

<p><span>The threat of cyberattacks on U.S. financial services firms is one of those issues that keeps me up at night. Financial services firms are leading targets of cyberattacks because “that’s where the money is.”  Cyberattacks don’t just have the potential to disrupt individual firms and their immediate clients - they have the potential to cause market-wide instability. The G20 recently warned that cyberattacks could “dis...

<p><span>Investment advisers are their clients’ fiduciaries. This means that investment advisers are legally obligated to serve their client’s best interest.</span><span> This standard of conduct is not an aspirational goal. It must be meaningful and offer the real protections investors reasonably expect and deserve. And this standard of conduct is not limited to the context of an adviser’s relationship with retail clients or registe...

Will Cyril Ramaphosa make it to SONA 2023 as South Africa's president? There are a fair few hurdles in his way, that's for sure.

Jamnalal Bajaj Institute of Management Studies (JBIMS) recorded smashing placements for the batch of 2022. The college, based in Mumbai, announced the completion of its placement cycle for the MMS 2022 batch. The placement process was conducted virtually, taking into consideration varied safety norms and protocols to ensure the safety of students and the participating

The total losses and physical damages were estimated to cost $343 billion, well below the peak loss year in 2011 of $615 billion, however the 2021 losses, compared to 2011-2020 were about 4% higher than the average of $271 billion, according to the 2021 Weather, Climate and Catastrophe Insight report.

Cape Town - The threats exacerbated by blackouts, high fuel prices and the disruption caused by Covid-19 at the start of 2022 have the Western Cape economy on crutches. Black Business Chamber (BBC) secretary-general Mntuwekhaya Cishe said the issues of a fuel price hike, electricity increases and blackouts were some of the indicators the country was heading for the worse.

A study published in the journal Risk Analysis suggests that people who embrace the ideologies of libertarianism and anti-egalitarianism are more likely