CFTC’s Division of Market Oversight Issues Additional Time-Limited No-Action Relief from Electronic Reporting Requirements in the OCR Final Rule

Washington, DC — The U.S. Commodity Futures Trading Commission’s (Commission) Division of Market Oversight (DMO) today issued a no-action letter (CFTC Letter No. 15-52) that provides additional time for reporting parties to comply with certain reporting requirements of the ownership and control final rule (OCR Final Rule). The OCR Final Rule requires the electronic submission […]

Zambian Solutions to Gender-Based Biolence

Vice-president Inonge Wina says the Government is concerned that cases of gender-based violence (GBV) have shown no signs of declining despite the enactment of the Anti-Gender Based Violence Act in 2011. She also said that it was worrying that the nation had one of the highest early child and forced marriage prevalence rates in the […]

Grace is Mnangagwa’s new headache

AFTER seeing off the challenge from former Vice-President Joice Mujuru in the brutal fight to succeed President Robert Mugabe as the Zanu PF and country’s leader, Vice-President Emmerson Mnangagwa has a new political “boil” between his fingers. BY RICHARD CHIDZA Mugabe’s wife Grace, while — like all other successive Zanu PF pretenders to the throne […]

Dimensional fund ADV UK Regulatory announcement Form

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Dimensional Fund Advisors Ltd. (“Dimensional”), in its capacity as investment manager and on behalf its affiliates who are also investment managers. Dimensional […]

Former Downtown Nightclub Bouncer Arrested on Charges of Operating Illegal Steroid Lab out of His Oak Lawn Home

An Oak Lawn man was arrested today on federal charges that he imported anabolic steroids from China and distributed them to large-scale suppliers in the Chicago area. JOSEPH T. PALERMO, 33, imported anabolic steroids, human growth hormone and pharmaceuticals from outside the United States for approximately five years, according to a federal criminal complaint and […]

Economic liberalization under political authoritarianism: Is it sustainable for Zimbabwe?

Does the type of a government have a causal effect on economic performance? A number of scholars have written on this subject in an endeavour to establish a causal relationship between democracy and economic development. There are various and diverse analytic propositions on the subject. Some scholars have attempted to downplay this correlation. However, prevalent […]

NASAA: States Levied $174M in Fines, $400M in Restitution in 2014

Private placement offerings, real estate investments and crowdfunding were ripe areas for fraud, state securities regulators reported Investigations and enforcement actions performed by state securities regulators in 2014 resulted in $405 million in restitution to investors — mostly elderly investors — as well as $174 million in fines and prison sentences of 1,629 years. Those […]

CFTC Approves Supplement to Proposed Rulemaking to Modify the Aggregation Provisions of Its Position Limit Rules

Washington, DC — The U.S. Commodity Futures Trading Commission (Commission) today approved for public comment a supplement to its November 2013 proposal to modify the policy for aggregation under the Commission’s position limits regime for futures and option contracts in Part 150 of its regulations. As noted then, if the Commission’s proposed position limits regime […]

Mujuru in with a huge chance in 2018

After the publication of her Blueprint to Unlock Investment and Leverage Development (BUILD), former Vice President Joice Mujuru has been a subject of discussion in the media locally and internationally. The most fascinating debates hinged on her chances to wrestle power from President Robert Mugabe or anyone among the Zanu-PF hopefuls in the event Mugabe […]

Bishop Bakare seeking relevance through his NCP

People of the cloth have many times tried to appear relevant in the political sphere if they see that converting more people to Christianity is a mammoth tusk. They always use their Christian backgrounds as a way of getting sympathizers from the church members, on their endeavours to get publicity. Zimbabwean people should guard against […]

ZUNDE’s proposal for national agenda

Zimbabweans United for Democracy (ZUNDE) exists to build a democratic society in the Republic of Zimbabwe in which every citizen shall enjoy freedom, equality and prosperity. We cherish and uphold the shrines and the spirits of all our genuine national heroes who died in the fight for and in defence of our nation. ZUNDE recognizes […]