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May 20, 2021
Herndon, Va. (May 20, 2021) - The international journal Risk Analysis has published a timely special issue for May 2021, "Global Systemic Risk and Resilience for Novel Coronavirus and COVID-19." Featuring 11 papers written for this issue over the past year, the collection represents a sampling of insights and viewpoints from scholars across risk sciences and resilience analytics to guide decision-making and operations related to the COVID-19 pandemic. The 11 papers address the breadth of risk...
May 20, 2021
According to media reports, during last week’s annual Conference on Financial Market Regulation—hosted jointly by the Securities and Exchange Commission’s (SEC) Division of Economic and...
May 19, 2021
Published: 19 May 2021 PHILIPSBURG:--- Laundry Service USLAUNDRY today received its Gold SafeSeal for outstanding hygiene practices. SafeSeal is the recognition of best practices in protecting its customers against COVID19 by the St. Maarten Tourism Bureau, St. Maarten Hospitality & Trade Association (SHTA), and Medwork. For the largest laundry on the island, the pandemic required special adjustments and standards different from many other business types. For example, as per its la...
May 17, 2021
Four Things to Know—and a Word of Caution—about EPA’s Climate Change Indicators Website Reboot Wikimedia Commons; AP/Ross Franklin; NASA Four Things to Know—and a Word of Caution—about EPA’s Climate Change Indicators Website Reboot Kristy Dahl, senior climate scientist | May 17, 2021, 2:12 pm EDT Last week, the Environmental Protection Agency (EPA) released the first updates to its Climate Change Indicators website si...
May 15, 2021
Friday, May 14, 2021 On May 11, 2021, the staff of the Division of Investment Management (“IM”) within the Securities and Exchange Commission (“SEC”) issued a statement (the “Statement”) regarding the staff’s current views on funds registered under the Investment Company Act of 1940, as amended (the “1940 Act”) investing in bitcoin futures. 1 Although the Statement most directly illustrates the staff’s current stance toward mutual funds investing in bitcoin future...
May 14, 2021
The SEC’s Division of Economic and Risk Analysis (DERA), Lehigh University’s Center for Financial Services, the University of Maryland’s Center for Financial Policy and CFA Institute will jointly host the Eighth Annual Conference on Financial Market Regulation. The goal of the conference is to bring together participants from academia, industry, government and the SEC for an exchange of views on topics of relevance to the Commission. Chair Gary Gensler will provide opening remarks on da...
May 14, 2021
REGULATORY DEVELOPMENTS FEDERAL RESERVE SEEKS COMMENT ON PROPOSED CHANGES TO DURBIN AMENDMENT On May 7, the Federal Reserve issued a Notice of Proposed Rulemaking inviting public comment on proposed changes to Regulation II (Debit Card Interchange Fees and Routing), better known as the Durbin Amendment. The proposal clarifies that debit card issuers should enable, and allow merchants to choose from, at least two unaffiliated networks (for example, a PIN debit and a signature debit network) for ...
May 12, 2021
SEC Cautions Investors in Funds that Bet on Bitcoin Futures The Securities and Exchange Commission, Division of Investment Management (IM) has issued a staff statement cautioning investors who purchase shares in mutual funds that have exposure to Bitcoin futures. According to the Staff statement, investors should understand that Bitcoin is a highly speculative investment and investors should consider the volatility of Bitcoin and the Bitcoin futures market, as well as the lack of regulation a...
May 12, 2021
SEC Staff Statement On Funds Registered Under The Investment Company Act Investing In The Bitcoin Futures Market - Division Of Investment Management Staff Date 11/05/2021 The Division of Investment Management (“IM”) staff strongly encourages any investor interested in investing in a mutual fund with exposure to the Bitcoin futures market, as discussed below, to carefully consider the risk disclosure of the fund, the investor’s own risk tolerance, and the possibility, as with all inve...
May 12, 2021
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