Search for: "Depository Trust Company"
Results 1 - 20
of 214
Sort by Relevance
|
Sort by Date
22 Apr 2024, 8:01 am
Under the bill, state non-depository trust companies may issue up to $10 billion in payment stablecoins, whereas state or federally chartered deposit institutions may do so without limit, subject to the condition that existing institutions charter a separate banking entity to act as the payment stablecoin issuer. [read post]
15 Apr 2024, 9:01 pm
Its business model is to provide banking services to crypto-asset companies. [read post]
10 Apr 2024, 9:01 pm
Compensation that could be recouped would include “incentive-based compensation, equity-based compensation, severance pay, golden parachute benefits, or compensation that is granted or vested based wholly or in part upon the attainment of any financial reporting measure or other performance metric, and any profits realized from the purchase or sale of securities of the depository institution or depository institution holding company. [read post]
21 Mar 2024, 1:16 pm
However, the definition of a “transferee entity” excludes certain highly-regulated entities, including U.S. governmental authorities, securities reporting issuers, certain banks, credit unions, depository institution holding companies, money service businesses, brokers or dealers in securities, securities exchange or clearing agencies, other Exchange Act registered entities, insurance companies, state-licensed insurance producers, Commodity Exchange Act… [read post]
7 Feb 2024, 9:01 pm
In July 2021, President Biden issued an Executive Order on Promoting Competition in the American Economy (available here), urging, among other things, a “revitalization of merger oversight under the Bank Merger Act and the Bank Holding Company Act of 1956. [read post]
29 Jan 2024, 12:00 pm
The moving company allegedly sold thousands of Morgan Stanley devices, some with customer data, on an internet auction site. [read post]
18 Dec 2023, 2:48 pm
This update includes the following: CFM Items Q4 Matters Annual Compliance & Other Items Annual Fund Matters Annual Management Company Matters Notable Regulatory & Other Items from 2023 Compliance Calendar **** CFM Items We are pleased to welcome Jon Tong as a Senior Associate in our Funds practice group. [read post]
5 Dec 2023, 9:05 pm
., the nominee of the Depository Trust Company, and its books will show transfers from one broker to another. [read post]
2 Nov 2023, 12:13 pm
We recommend starting with NASAA because they serve as a depository for many participating states. [read post]
26 Oct 2023, 10:57 pm
As a consequential change, the requirement to obtain consent from each beneficiary of the trust, which many stakeholders considered impractical, particularly in the context of large superannuation and managed funds with many thousands of members, has been removed, as has the option of obtaining consent of the Supreme Court. [read post]
15 Aug 2023, 5:56 am
AMC’s retail stockholder base “has a reputation for their online activity,” and the company published notice on its website, on what was then Twitter, via a Form 8-K, over PR Newswire, and on Depository Trust Company’s Legal Notice System. [read post]
31 Jul 2023, 9:05 pm
Perhaps more important, what would be the systemic risks associated with concluding that such doctrines invalidate the rules of the Depository Trust Company? [read post]
13 Jul 2023, 6:31 am
” HB 3 amends a variety of Florida statutes relating to: (i) retirement plans and investments of funds; (ii) financial institutions, including qualified public depositories; (iii) money services businesses; (iv) consumer finance companies; (v) trust fund assets and public funds; (vi) government contracts; (vii) government bonds; and (viii) deceptive and unfair trade practices. [read post]
13 Jul 2023, 6:31 am
” HB 3 amends a variety of Florida statutes relating to: (i) retirement plans and investments of funds; (ii) financial institutions, including qualified public depositories; (iii) money services businesses; (iv) consumer finance companies; (v) trust fund assets and public funds; (vi) government contracts; (vii) government bonds; and (viii) deceptive and unfair trade practices. [read post]
16 Jun 2023, 5:29 am
DALLAS, TX / ACCESSWIRE / June 15, 2023 / Public Ventures, LLC, a wholly owned subsidiary of MDB Capital Holdings, LLC, today announced it received official approval on May 31 to become both a Participant as set forth by the rules, by-laws and organization certificate of The Depository Trust Company (DTC) and a [...] [read post]
31 May 2023, 1:44 pm
Senate Bill 2334, and House Bill 4903 propose to: (1) Establish a new gold and silver based digital currency through the office of the Texas Comptroller of Public Accounts; (2) Back each unit of issued digital currency with a corresponding fraction of a troy ounce of gold or silver held in trust; (3) Allow for individual accounts to be created at the Texas Bullion Depository that could be used to conduct transactions. [read post]
6 May 2023, 2:49 pm
At many companies the percentage of shares held by institutional investors is 70%+. [read post]
14 Mar 2023, 6:01 pm
A subsidiary entity or portfolio company is a separate depositor with its own deposit insurance limit, notwithstanding common ownership. [read post]
28 Feb 2023, 9:24 am
” The SEC acknowledged that Gemini was registered with the New York State Department of Financial Services (“NYDFS”) as a limited purpose trust company, but asserted that NYDFS did not have oversight over Genesis, the alleged issuer of the securities. [read post]
9 Feb 2023, 7:12 am
Later in the year, the EU and UK followed suit and prohibited the provision of trust, accounting, business, and management consulting services to Russian companies. [read post]
