Bill mandating SEC test for accredited investors draws criticism investmentnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentnews.com Daily Mail and Mail on Sunday newspapers.
Members of the United States House Committee on Financial Services are going head to head on Thursday with top executives from key stakeholder firms in the GameStop trading frenzy.
The inquiry aims to shed light on the hazy sequence of events that precipitated the ascent and rapid decline of the struggling video-game retailer’s share price just weeks ago, when it rocketed from $17.25 on January 1 to $347.51 on January 27 – then plunged to hover near $50 since then.
Individual retail investors, taking their cue from posts on social media sites such as Reddit, combined in a rarely seen move that forced some of the largest names on Wall Street to take big losses on their bets that shares of companies, including GameStop and US theatre operator AMC Entertainment, would fall.
Ontario Teachers’ Pension Plan Board, NN IP, Barings, IFRS Foundation, Mirabaud, Dahlgren & Partners, AXA IM, Aviva Investors
Ontario Teachers’ Pension Plan Board – The Canadian pension investor has appointed
Nick Jansa as senior managing director for Europe, the Middle East and Africa, responsible for leading the investment activities and portfolio management in the region. Based in Ontario Teachers’ London office, he will report to CIO Ziad Hindo.
Ontario Teachers’ also announced that promoting
Ben Chan, who joined the investor in 2018, to the role of senior managing director, Asia Pacific (APAC). Ontario Teachers’ said Chan “has been instrumental in growing investment activities in Asia, attracting critical talent to the region, and most recently, overseeing the opening of our new Singapore office”.
News Details - IFRS Foundation appoints Trustees theaccountant-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theaccountant-online.com Daily Mail and Mail on Sunday newspapers.