Tag : SEC

The Securities and Exchange Commission's (SEC) Circular on the Trading Of Foreign Securities by Investment Platforms in Nigeria 2021: A Year for Quick Fix or Transformation for Finance & Accounting Outsourcing Industry
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The Securities and Exchange Commission’s (SEC) Circular on the Trading Of Foreign Securities by Investment Platforms in Nigeria

Ibrahim Moshood
by Ibrahim Moshood0
The apex regulator of securities in Nigeria, the Securities and Exchange Commission (“SEC”) has issued a circular, with respect to technology investment platforms providing the Nigerian public with access to foreign securities. The circular dated 8 April 2021, issues a strong warning to these investment platforms and Capital Market Operators......
Coinbase Files For Public Direct Listing
Business Fintech News

Coinbase Files For Public Direct Listing

Fintech News Desk
by Fintech News Desk0
Coinbase Global, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed public direct listing of its Class A common stock. Read More:  Tuvalu Embarks On World’s First National Digital Ledger And Infrastructure Project......
What a Revised US SEC Accredited Investor Definition Means for Digital Securities Markets
Economy Fintech Guest Posts Investment Services

What a Revised US SEC Accredited Investor Definition Means for Digital Securities Markets

Jackson Mueller
by Jackson Mueller0
The US Securities and Exchange Commission recently made headlines when the agency adopted amendments to the “accredited investor” definition. Prior to the announcement, investors were deemed to be “accredited” based solely on income or net worth tests as defined by the Commission – a net worth of at least $1......
New Intelligize Report Highlights Challenges for Companies in Adapting to New Lease Accounting Rules
Fintech News

New Intelligize Report Highlights Challenges for Companies in Adapting to New Lease Accounting Rules

Fintech News Desk
by Fintech News Desk0
Two years after ASC 842 implementation, analysis of SEC comment letters reveals how companies and regulators are approaching the new standard Nearly two years after the implementation of a radical change to the rules governing how companies must account for all leases, a new report released today by compliance management......
InvestEdge Acquired by Featheringill Capital
Fintech Investment Services News

Sanctuary Wealth Chooses InvestEdge as Compliance and Surveillance Partner

Fintech News Desk
by Fintech News Desk0
Application tied to client’s IPS helps advisors more easily comply with SEC & FINRA regs Sanctuary Wealth, home to the next generation of elite financial advisors, has added the InvestEdge Compliance and Surveillance application to its open architecture platform. Thirty-eight partner firms in 16 states with over $10 billion in assets under advisement comprise......
Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank
Banking Fintech News

Hanover Bancorp, Inc. and Savoy Bank Announce Strategic Merger Combination to Create a Premier NYC Metro Community Bank

Fintech News Desk
by Fintech News Desk0
Hanover Bancorp, Inc. (“Hanover” or “the Company”), parent company of Hanover Community Bank, and Savoy Bank (“Savoy”) are pleased to jointly announce that Hanover and Savoy have entered into a definitive agreement pursuant to which Savoy Bank will merge into Hanover Community Bank in a stock and cash transaction valued at approximately $63 million. The agreement......
Creation of the European PayTech Leader a Powerful Strategic Combination Between Nexi and Nets
Blockchain Fintech Fintech Funding Investment Services News

Akemona Receives Regulatory Approval as the First Smart Contract-Based Funding Portal on Blockchain

Fintech News Desk
by Fintech News Desk0
Akemona, a pioneer in digital securities, announced that it has registered with the US Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA) under section 3(h) of the Securities Exchange Act of 1934 and the corresponding SEC rules, popularly known as Regulation......
Fintech News

MoneyGram Adopts Tax Benefits Preservation Plan to Protect Tax Attributes

Fintech News Desk
by Fintech News Desk0
MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Company“), a global leader in cross-border P2P payments and money transfers, announced today that its Board of Directors (the “Board“) has adopted a Tax Benefits Preservation Plan (the “Plan“) designed to protect and preserve the Company’s existing U.S. federal net operating loss carryforwards (“NOLs“),......
Docupace Launches New Reg BI Compliance Solution
Fintech News

Docupace Launches New Reg BI Compliance Solution

Fintech News Desk
by Fintech News Desk0
Docupace announces Tracker BI product for delivery and comprehensive digital management of Form CRS and disclosures for Wealth Management Firms  Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, announced the launch of its new Reg BI and Form CRS digital solution enabling broker-dealers and......
China Rapid Finance Announces Appointment to Strengthen Leadership
Business Fintech News

China Rapid Finance Announces Appointment to Strengthen Leadership

Fintech News Desk
by Fintech News Desk0
China Rapid Finance Limited, a fintech company in China, announced its Vice President of Finance Mr. Hao (Kevin) Chen, has completed his planned onboarding and was appointed as Chief Financial Officer of the Company. Mr. Chen was also appointed as a Board member of the Company’s Board of Directors. Mr. Steven Foo,......
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