Tag: funds
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Ex-FTX Unit LedgerX in Gray Area Beyond U.S. CFTC Proposal on Customer Funds: Commissioner
[ad_1] Friday’s proposal, which details how regulated firms must only put customer assets into an expanded list of the most liquid of investments, doesn’t consider “the context of a non-intermediated clearing model where the DCO offers direct client access to its clearing services, without the FCM as an intermediary,” said CFTC Commissioner Kristin Johnson. [ad_2]…
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Poland’s Tusk visits Brussels, seeking initiative in repairing ties with EU and unlocking funds
[ad_1] BRUSSELS (AP) — Donald Tusk, the opposition candidate who may become Poland’s next prime minister, sought to repair Warsaw’s ties with the European Union during a series of meetings in Brussels that also centered on unlocking billions of euros in funds that were frozen due to democratic backsliding under the outgoing nationalist government. Tusk…
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Should opioid settlement funds go to cover police expenses? : Shots
[ad_1] States and counties nationwide are using opioid settlement funds for law enforcement efforts, including buying new squad cars. This draws criticism that the funds should be invested in treatment instead. Douglas Sacha/Getty Images hide caption toggle caption Douglas Sacha/Getty Images States and counties nationwide are using opioid settlement funds for law enforcement efforts, including…
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U.S. Issues Final Rules to Keep Chip Funds Out of China
[ad_1] The Biden administration on Friday issued final rules that would prohibit chip companies vying for a new infusion of federal cash from carrying out certain business expansions, partnerships and research in China, in what it described as an effort to protect United States national security. The regulations come as the Biden administration prepares to…
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Japan’s Regulatory Shift: Start-ups Granted Permission To Raise Funds With Crypto Instead Of Stocks
[ad_1] In a significant development for the crypto industry, the Japanese government has recently announced a noteworthy relaxation of regulations about startup funding. This development explicitly allows startups to accept digital assets as an alternative to traditional stocks. According to a Japanese media outlet report, this regulatory shift aims to foster a more supportive and…
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Midday meal scheme: State deposits funds into account
[ad_1] The State government on Wednesday directly deposited Rs.209.68 crore into the Director of General Education’s single nodal account in connection with the midday meal scheme, said Minister for General Education V. Sivankutty on Thursday. It included Rs.132.9 crore, the funds sanctioned by the Union government a day before the 2022-23 financial year ended for…
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NYC pension funds and state of Oregon sue Fox over 2020 election coverage
[ad_1] New York City’s pension funds and the state of Oregon sued Fox Corporation on Tuesday, alleging the company harmed investors by allowing Fox News to broadcast falsehoods about the 2020 election that exposed the network to defamation lawsuits. The case, filed in Delaware, accuses the company of inviting defamation lawsuits through its amplification of…
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U.S. clears way for release of $6 billion in frozen Iranian funds as part of prisoner swap deal
[ad_1] Washington — The Biden administration has cleared the way for the eventual release of five American citizens detained in Iran by issuing a waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. In addition, as part of the deal, the administration has agreed…
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Cities, towns across province seeking more funds from Quebec government – Montreal
[ad_1] Descrease article font size Increase article font size The mayors of hundreds of cities and towns across Quebec are calling on the provincial government to renegotiate a new fiscal pact. The current deal expires at the end of next year and the mayors say the costs are increasing on cities and towns to pay…
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‘Madness’ to let third countries access EU defense funds, says Italian shipbuilder CEO – POLITICO
[ad_1] CERNOBBIO, Italy — Money from the EU’s defense funds should go to European companies, according to Pierroberto Folgiero, CEO of Italian shipbuilder giant Fincantieri. Allowing third countries access would be “madness,” he told POLITICO on the sidelines of the Ambrosetti Forum economic conference in Cernobbio, Italy. “If we open up and lengthen the supply…