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15 Dec 2017, 9:01 am by CFM Admin
SEC RIAs to pooled investment vehicles may avoid both the quarterly statement and surprise examination requirements by having audited financial statements prepared for each pooled investment vehicle in accordance with generally accepted accounting principles by an independent public accountant registered with the Public Company Accounting Oversight Board (“PCAOB”). [read post]
15 Dec 2017, 9:01 am by CFM Admin
SEC RIAs to pooled investment vehicles may avoid both the quarterly statement and surprise examination requirements by having audited financial statements prepared for each pooled investment vehicle in accordance with generally accepted accounting principles by an independent public accountant registered with the Public Company Accounting Oversight Board (“PCAOB”). [read post]
20 Nov 2017, 2:33 pm by Jonathan Moss
United States, 406 U.S. 128 (1972), applied; (2) determining, alternatively, that the fraud-on-the-market presumption of reliance set forth in Basic, Inc. v. [read post]
12 Nov 2017, 11:00 pm by Kevin LaCroix
This ruling will make it more difficult for public companies defending securities fraud class actions to oppose class certification unless certain indirect evidence of inefficiency is also present.[1] Background In June 2014, the New York Attorney General (“NYAG”) filed suit against Barclays under New York’s Martin Act, alleging that Barclays concealed information about the operation of its private “dark pool” trading system, LX. [read post]
27 Oct 2017, 2:16 am by CFM Admin
LedgerX plans to initially offer physically-settled and day-ahead swaps on Bitcoin to U.S. [read post]
15 Sep 2017, 4:00 am by Monica Goyal
Implications in the U.S. and Canada The U.S. [read post]