Latest News on private equities market

Speech by SEC Commissioner Peirce: Prosperity’s Door

SEC | Commissioner Hester M. Peirce | Aug 26, 2021 Speech delivered at The FINRA Certified Regulatory and Compliance Professional Program Georgetown University Thank you, Jim [Angel], for that kind introduction. It is a delight to be here with you tonight to talk about the future of financial markets regulation. I commend all of you


The post Speech by SEC Commissioner Peirce: Prosperity’s Door first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Bank of America says chief operating officer Tom Montag is leaving at the end of the year

While the company has a CEO succession plan in place, Moynihan has said publicly that he hopes to continue running Bank of America for years to come.

4 years ago

Most retirees aren’t tapping nest eggs before required withdrawals, research finds

Research shows that most retirees aren’t withdrawing money from their nest eggs before their required minimum distributions.

4 years ago

Circle to Become National Digital Currency Bank

Decrpyt | Jeff John Roberts | Aug 9, 2021 Stablecoin giant Circle announced that they will be moving toward becoming a “National Digital Currency Bank” in an attempt to strengthen their existing USDC stablecoin, currently backed by a combination of US dollars, corporate bonds, and commercial paper. Circle’s move has outsiders wondering how the increased federal oversight will impact


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4 years ago

Rocket Lab begins trading on the Nasdaq, with SPAC merger growing its cash pile

Rocket Lab begin trading on the Nasdaq on Wednesday, becoming the latest space company to close a SPAC merger and go public.

4 years ago

Open data for finance as an emerging source of GDP growth

OECD The Forum Network | Olivia White  | Aug 10, 2021 Even before the COVID-19 crisis, policy makers in the OECD and beyond were identifying the potential for innovation and productivity growth that could be derived from building out digital financial infrastructure including greater sharing of financial data. This focus has helped give rise to


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4 years ago

House vote on $3.5 trillion budget raises prospect of higher taxes on the rich

House Democrats approved a $3.5 trillion budget framework on Tuesday. The maneuver clears the way for a formal bill that will likely raise taxes on the wealthy.

4 years ago

Democrats' $3.5 trillion budget plan includes major help for families with kids

House Democrats advanced a $3.5 trillion budget plan Tuesday that would invest roughly $1.8 trillion in working families, the elderly and the environment.

4 years ago

Medicare would be expanded under $3.5 trillion budget resolution approved by House

House approval of the budget resolution clears the way for lawmakers to draft legislation that would, among other things, expand Medicare's coverage.

4 years ago

Money disagreements can destroy families. Here’s how to prevent that from happening

You may not always agree on money matters, but it's how you handle those disputes that counts.

4 years ago

The Impact of Fintech on Central Bank Governance

IMF | Marianne Bechara, Wouter Bossu, Yan Liu, Arthur Rossi | Aug 24, 2021 Fintech presents unique opportunities for central banks. The rapid changes in technology that are transforming the financial system will allow central banks to enhance the execution of various of their core functions, such as currency issuance and payment systems. But some


The post The Impact of Fintech on Central Bank Governance first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

National Bank acquires majority stake in fintech startup Flinks in $103M deal

The Logic | Jon Victor | Aug 25, 2021 National Bank of Canada will take a majority stake in Montreal-based financial-data platform Flinks, a sign that the bank is looking to increase its exposure to tech-focused products at a time of rapid change in the financial-services industry. See:  In the Future, Home Will be Wherever


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4 years ago

Child tax credit lifted 3 million kids from poverty in July

The first monthly payment of the child tax credit cut child poverty by about 25%, according to a Columbia University analysis.

4 years ago

OSC will host a virtual roundtable on ‘Rethinking Diversity in Capital Markets’ (details to come)

OSC | Aug 25, 2021 The OSC is hosting a virtual roundtable to discuss whether, and how, the disclosure needs of Canadian investors, and corporate governance practices among public companies have evolved. Panelists will speak about the benefits, challenges and experiences associated with the consideration of broader diversity on boards and in executive officer positions,


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4 years ago

Chances are your tax preparer isn't regulated. Now there's pressure on Congress to change that

There are currently no federal competency standards for tax preparers. Some industry groups hope that can be changed.

4 years ago