U.S. SEC issues compliance focus areas for brokers before new rules take effect

Although the financial industry had lobbied to delay or suspend parts of the measure beyond its June 30 deadline, citing issues stemming from the coronavirus pandemic, SEC Chair Jay Clayton said the deadline remained “appropriate,” but indicated there could be flexibility and more insight provided on the agency’s examination approach.

NSEL Scam: EOW seeks legal view on attachment of brokers’ assets

The Economic Offences Wing (EOW) of Mumbai police, investigating the Rs 5,600-crore National Spot Exchange (NSEL) payment scam, has sought legal opinion on whether it can attach the assets of non-defaulting brokers who engaged in trading of illegal paired contracts for clients and earned brokerage from them, said people aware of the development. EOW is […]

Stock market auctions should drive broker innovation: Norway wealth fund

“We believe that further development work by brokers is required, both in the forecasting of auction volume and in order submission and signalling strategies – designing opportunistic trading strategies that evaluate the evolution of available liquidity at the close,” NBIM said.

Where to Find Financial Help Before Stimulus Checks Deposit

The USDA National Hunger Hotline is available for those who need immediate assistance at 1-866-3-HUNGRY (1-866-348-6479) or 1-877-8-HAMBRE (1-877-842-6273). Information is available in English and Spanish and the hotline operates Monday through Friday, 7 A.M. to 10 P.M. ET.

CNN Poll: Views of economy plummet as financial hardship from coronavirus hits half of Americans

The worsening views of the economy come across party lines — the percentage describing the economy as “good” is down 33 points among Republicans, 28 points among independents and 27 points among Democrats — and most demographic divides. It is sharper among those with college degrees (down 44 points among college grads vs. a 23-point […]

10pm Man Utd news LIVE: Maguire helps broker £4m NHS deal, Milinkovic-Savic to replace Pogba, Sancho transfer LATEST

“That was something he taught me in the days before that game. He has taught me a lot to be calm, and also be on your toes and come to those situation where the ball is coming.

Money In The Time Of Coronavirus: Is Refinancing During A Pandemic The Right Financial Move?

“If you took out your loan a couple of years ago, and you had a 5% interest rate, on a $200,000 loan, if your payment is at 5% on a 30-year, your payment was $1,073 for principled interest. But, if you took that exact same payment and instituted today’s rates, you now have a 22-year […]

A Trump FCC advisor’s proposal for bringing free Internet to poor people

Facebook says the platform is open and non-discriminatory, but developers, nonprofits, and governments that want to be included must configure their websites to use less data and be compatible with the Free Basics app. Free Basics is optimized for feature phones and slow networks, but it works on smartphones, too. VoIP, video, file transfers, and photos larger […]

Floyd Mayweather vs. Conor McGregor: 5 Controversial Moments Leading Up to the Fight

President Donald Trump has an open invitation to the fight, according to Mayweather’s business advisor Leonard Ellerbe. Trump has not made any public comments about the fight and whether he’ll attend, but other celebrities are expected to make appearances, such as Matt Damon, Angelina Jolie, LeBron James and Kobe Bryant.

White House Advisor Fauci Says Schools Safe In The Fall, While LAUSD Maintains Possible May 1 Return

“However, if you come back in the fall, it will be a totally different ball game,” Fauci said. “We have a number of clinical trials that are looking at a variety of therapeutic interventions…  As I mentioned to you many times at these briefings is that we have a vaccine that’s on track and multiple other […]