On July 24, 2024, an en banc panel of the U.S. Court of Appeals for the Fifth Circuit released a decision in Consumers’ Research et al. v. FCC holding that the Federal Communications Commission’s Universal Service Fund (“USF”) contribution mechanism violates Article I, Section 1 of the Constitution and remanded the issue to the FCC
By Davide Barbuscia NEW YORK (Reuters) – A hedge fund study that said the U.S. Treasury last year effectively provided economic stimulus by moderating long-dated bond sales has sparked a debate in the bond market and a denial from the U.S. Treasury that said it was not aiming for such an effect. The U.S. Treasury
The State of Michigan Retirement System has taken a pretty interesting step into the crypto world. On July 26, they filed a 13-F form with the United States Securities and Exchange Commission (SEC) and revealed they’ve bought 110,000 shares in the ARK 21Shares Bitcoin ETF (ARKB). This is worth around $6.6 million. It’s showing us
Matthew Eisman/Getty Images Entertainment The eagerly awaited initial debut of billionaire Bill Ackman’s U.S. closed-end fund has been postponed, the New York Stock Exchange website showed on Friday. In late June, Pershing Square Capital Management, the investment firm led by Ackman, set an initial offering price for the fund, called Pershing Square USA Ltd., at
JACKSONVILLE, Fla. – Jacksonville’s transformation looks to advance with the investment of $40 million toward four key projects. William Studebaker joins This Week in Jacksonville: Business Edition to talk about the first fund closed from First Coast Real Estate Partners (FCREP) and the impact on development. The private equity firm launched the fund with Jacksonville’s
Maskot The Neuberger Berman Real Estate Securities Income Fund Inc (NYSE:NRO) is a closed-end fund, or CEF, that aims to provide investors with a very high level of income by investing in real estate securities. This is a sector that has been something of a mixed bag for investors over the past few years. In
The early-stage venture capital fund Manutara Ventures is gearing up to run a program to help Latin American startups establish their presence in the U.S., and it has already completed a key step: selecting the companies that will participate in the initiative. The firm, originally from Chile but with operations in Miami, announced in a
In a report dated July 25, 2024, BaFin announced that it will take the guidelines for fund names of the European Securities and Markets Authority (ESMA) into account in its administrative practice. These will completely replace BaFin’s previous administrative practice on sustainable investment funds. Below we therefore give you an overview of the background, content
EBRD commits up to €25 million to new fund raised by V4C Fund supports middle-market companies in Poland and other countries in central
The Berlinale’s World Cinema Fund (WCF) has backed 10 feature projects in its 40th session, at a total of €260,000 (£218,479). The latest funding pot has awarded eight production and two distribution grants, to projects from Algeria, Argentina, Brazil, Cameroon, Egypt, Iran, Lesotho, Nepal and Sudan. Scroll down for the full list of projects Aisha