©ablokhin/iStock/Getty Images Plus A new report from compliance management and analytics provider Intelligize reviews Securities and Exchange Commission (SEC) comment letters and replies related to the Financial Accounting Standards Board’s (FASB’s) ASC 842 lease accounting standard, and it confirms that FASB and the SEC have shown considerable patience in enforcing the new rule, which requires […]
Archives for 2020
SEC Comment Letters Reveal Lease Accounting Challenges – FEI Daily
©ablokhin/iStock/Getty Images Plus A new report from compliance management and analytics provider Intelligize reviews Securities and Exchange Commission (SEC) comment letters and replies related to the Financial Accounting Standards Board’s (FASB’s) ASC 842 lease accounting standard, and it confirms that FASB and the SEC have shown considerable patience in enforcing the new rule, which requires […]
Too much money, nowhere to put it
This week on the podcast! I talk to Professor Tim Duy (Fed Watch blog, University of Oregon) about the failure to get a new stimulus bill. Then my friend Joe Terranova (Virtus Investment Partners) joins me to talk markets, valuations, inflation and why there’s too much money chasing too few investments given the $90 trillion […]
Too much money, nowhere to put it
This week on the podcast! I talk to Professor Tim Duy (Fed Watch blog, University of Oregon) about the failure to get a new stimulus bill. Then my friend Joe Terranova (Virtus Investment Partners) joins me to talk markets, valuations, inflation and why there’s too much money chasing too few investments given the $90 trillion […]
Editor’s Column: Financial Planning Week deserves more support
Well done to all the Financial Planning firms who have been taking part in the CISI’s Financial Planning Week this week. I applaud your efforts. I just wish there were more of you. We’ve seen lots of free one-to-one virtual sessions with consumers, social media activity and other promotion of the long-term benefits of […]
Microsoft announces new app store principles, takes aim at Apple and Google
Microsoft on Thursday said it would adopt a set of 10 principles for running its app store for Windows devices that could lower the commissions it charges, aligning itself with practices promoted by a group of Apple critics. Microsoft and scores of other companies have criticized the iPhone maker’s app store practices, which require developers […]
Microsoft announces new app store principles, takes aim at Apple and Google
Microsoft on Thursday said it would adopt a set of 10 principles for running its app store for Windows devices that could lower the commissions it charges, aligning itself with practices promoted by a group of Apple critics. Microsoft and scores of other companies have criticized the iPhone maker’s app store practices, which require developers […]
Delivery app Instacart raises $200 million at $17.7 billion valuation
Delivery startup Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a surge in online shopping due to the COVID-19 pandemic. In June, Instacart raised $225 million, and the company was valued at $13.8 billion in that round. This latest round […]
Regulators warn advisers about SIPP property probe
The Financial Conduct Authority, the Financial Services Compensation Scheme and the Financial Ombudsman Service have warned Financial Planners to take action on any SIPP or SSAS investments in the German Property Group. The German Property Group (GPG), which traded as Dolphin Trust, Dolphin Capital and Red Rock, recently entered into preliminary bankruptcy proceedings in Germany […]
Treasury yields rose slightly as traders weigh prospects of new fiscal stimulus
U.S. government debt prices were lower on Friday as traders monitored prospects of new fiscal stimulus in the United States. At around 2 p.m. ET, the yield on the benchmark 10-year Treasury note rose 22 basis points to trade at 0.7687%, while the yield on the 30-year Treasury bond jumped 32 basis points to trade at 1.5710. Yields move inversely […]