Tag: Issuers

Nasdaq and more than 300 issuers formally oppose SEC 13F proposal

  • The Nasdaq publicly issued a letter Tuesday morning formally opposing the Securities and Exchange Commission’s recent proposal to reduce the number of money managers’ investment disclosures.
  • The commission’s proposal centers on a public filing called the Form 13-F, which investors, companies, and journalists track because they show fund managers’ equity holdings at quarter’s end.
  • The Nasdaq said the proposal, which the SEC argues would alleviate firms’ regulatory-related costs, reduces transparency, especially for small companies whose shareholders tend to be small investors.
  • Since the Nasdaq is a publicly-traded company, the exchange as a business could also suffer from losing a line of vision into who is holding its stock. 
  • Visit Business Insider’s homepage for more stories.

The Nasdaq issued a public letter on Tuesday formally opposing the Securities and Exchange Commission’s recent proposal to reduce the number of money managers’ investment disclosures, arguing the proposed change runs counter to the commission’s

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Satisfaction with Credit Card Issuers in Canada Remains Flat Amid COVID-19, J.D. Power Finds

J.D. Power 2020 Canada Credit Card Satisfaction Study

Business Wire

Tangerine Bank Ranks Highest in Overall Credit Card Customer Satisfaction for Second Consecutive Year

TORONTO — With 73% of credit card customers in Canada saying COVID-19 has negatively affected them financially and 24% who say they are unable to make monthly credit card payments, overall satisfaction with their primary credit card issuer remains relatively flat year over year at 764 (on a 1,000-point scale), according to the J.D. Power 2020 Canada Credit Card Satisfaction Study,SM released today.

“While credit card issuers in Canada are faring somewhat better than their U.S. counterparts in averting the negative effects of COVID-19 on customer satisfaction, they are not out of the woods,” says John Cabell, director of banking and payments intelligence at J.D. Power. “Credit card companies are falling behind in key areas related to the customer experience, especially in factors linked

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