Updates

Daily Market Update for August 5, 2020-Cordros

August 5, 2020/Cordros Report EQUITIES The domestic equities market sustained its bullish streak for the fourth consecutive session, following continued interest in banking names. Thus, the NSE ASI advanced by 0.2% to close at 24,882.04 points. The performance was pertinently driven by buying sentiments across STANBIC (+5.0%), GUARANTY (+1.9%) and […]

SEC Proposes to Improve the Retail Investor Experience through Modernized Fund Shareholder Reports and Disclosures

Amendments would update and tailor mutual fund and exchange-traded fund disclosures to retail investors’ needs August 5, 2020/US SEC The Securities and Exchange Commission today proposed comprehensive modifications to the mutual fund and exchange-traded fund disclosure framework to better serve the needs of retail investors. The proposed disclosure framework would […]

SEC Provides Transparency to the Process of Nominating Candidates to the Investor Advisory Committee

August 5, 2020/US SEC The Securities and Exchange Commission today published procedures setting forth a staff-led process to nominate candidates for appointment to the Investor Advisory Committee. Candidates for vacancies on the Committee will be identified by a nominating committee composed of staff from across the SEC’s divisions and offices. […]