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'Idiotic': Swiss investor lashes Prosus, Naspers plan

'Idiotic': Swiss investor lashes Prosus, Naspers plan
techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.

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Prosus offer to Naspers 'idiotic'

MONEYWEB
app instead?
It is evident he does not understand all the considerations – Van Dijk
00:01
Bob van Dijk, CEO of Naspers and Prosus: âWhile the execution steps seem complex, the end state is not.â Image: Yuriko Nakao, Bloomberg
A Swiss-based research and investment management firm, Alternative Investment Management & Research (AIM&R), says the proposed share swap between Naspers and Prosus is an âidiotic ideaâ that is certain to increase the discount between the share prices and the value of the underlying assets.
Naspers rejected AIM&R’s views. Naspers CEO Bob van Dijk said it is evident that the Swiss firm does not understand all the considerations, and that the firm never engaged Naspers directly to discuss the issues. ....

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NY Adopts New Investment Registration and Examination Requirements

Thursday, January 28, 2021
Key Points
Beginning February 1, new and amended rules will go into effect in New York that require certain individuals associated with investment advisers to register with the state and to meet examination requirements (or qualify for exemptions therefrom).
With respect to investment advisers registered with the Securities and Exchange Commission (SEC), these new registration and examination requirements will only apply to individuals who meet the federal definition of an investment adviser representative, while a broader range of persons associated with New York State-registered investment advisers will be subject to those requirements.
In addition, New York will now impose registration and examination requirements with respect to entities and individuals that qualify as solicitors, as defined in the state s revised rules. ....

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New York Adopts New Registration and Examination Requirements for Certain Investment Adviser Related Personnel and Solicitors | Katten Muchin Rosenman LLP

Key Points
Beginning February 1, new and amended rules will go into effect in New York that require certain individuals associated with investment advisers to register with the state and to meet examination requirements (or qualify for exemptions therefrom).
With respect to investment advisers registered with the Securities and Exchange Commission (SEC), these new registration and examination requirements will only apply to individuals who meet the federal definition of an investment adviser representative, while a broader range of persons associated with New York State-registered investment advisers will be subject to those requirements.
In addition, New York will now impose registration and examination requirements with respect to entities and individuals that qualify as solicitors, as defined in the state s revised rules. ....

New York , United States , State Of New York , York Department Of Law , Investment Company , Investment Adviser Association , American Institute Of Certified Public Accountants , Certified Financial Planner Board Of Standards Inc , Association For Investment Management Research , Exchange Commission , American College , New York State Registered , York State , New York State , Revised Rules , Exempt Reporting Advisers , Investment Advisers Act , Advisers Act , Registered Advisers , Registered Adviser , Effective Date , Exempt Reporting , Reporting Advisers , Exempt Reporting Adviser , Registration Process , Investment Adviser Registration Depository ,