Tags » Capital Markets

The Rise and Rise of Bitcoin

You’ve probably seen Bitcoin in the news. During the last twelve months the highly coveted cryptocurrency has been making headlines by reaching fresh highs, with investors and speculators boasting about 900% returns. 75 more words

Presentations

What Should You Do If Your MicroCap Company's Stock is Being Promoted?

Last week, OTC Markets Group released their updated policy on stock promotion.

Improving investor transparency and setting market standards with clear expectations for how reputable public companies should respond to misleading and manipulative promotion encourages management teams to more proactively address and dispel unfounded rumors and correct misinformation that can lead to unusual market activity, 145 more words

Capital Markets

Canadian 'Penny Stocks' Draw Concern as $750 Million Deal Fails

On October 5, West High Yield (W.H.Y.) Resources Ltd. spiked from C$0.36 to as high as C$3.80 on news that a buyer was prepared to pay $750 million for West High Yield’s main magnesium assets in British Columbia when the whole company was worth only $16 million. 175 more words

Capital Markets

Federal District Court Enjoins DOL From Implementing or Enforcing BICE’s Prohibition on Class Action Waivers Against Thrivent

On November 3, 2017, the United States District Court, District of Minnesota issued a preliminary injunction against the DOL, enjoining the DOL from implementing or enforcing the BICE’s class action waiver prohibition against Thrivent Financial for Lutherans. 305 more words

It is Increasingly Unlikely We Will Ever See Full Implementation of the DOL Fiduciary Duty Rule or the BICE

The DOL Rule’s application of a fiduciary standard to persons who make recommendations to retirement investors has been in effect since June 9, 2017. Since that time, it has become increasingly unlikely that full implementation of the Rule or the BICE will ever see the light of day. 435 more words

Department Of Labor (DOL)

China removes limits on foreign ownership of banks

Difficult to overstate the significance of China removing foreign ownership limits on domestic banks; economically, politically, and socially. Although long anticipated, the announcement timing caught the financial sector unawares but pleasantly so… You can be sure the 10 leading global banks (non China-based category) are furiously sizing up potential targets. 74 more words