Rule

EDPMA Files Amicus Brief, Supports Patient Protections

Retrieved on: 
Montag, Dezember 20, 2021
No, Language, Texas Medical Association, Insurance, Physician, COVID-19, Emergency department, Emergency medicine, Safety, Rule, Congress, Patient, Administration, Health insurance

"With the COVID-19 pandemic, and the latest wave of new variants, emergency department safety net resources have been stretched to the breaking point. We see the Rule leading to dire effects on the overall viability of our emergency medical care system. We urged the Administration to amend the Rule to be consistent with the language of the statute and Congressional intent -- and now we have filed an amicus brief in support of the lawsuit challenging the Rule's legality."

Key Points: 
  • Throughout the legislative process, stakeholders agreed that patients should be removed from billing disputes and held only to their in-network cost-sharing amounts.
  • EDPMA strongly supports the patient protections.
  • The lawsuit and amicus brief do not challenge these protections.
  • "Congress was clear when it passed the landmark No Surprises Act last year: protect patients from unavoidable and unexpected costs without jeopardizing patient access to care," said Don Powell, D.O., Board Chair of EDPMA.

SEC Proposes Amendments Regarding Rule 10b5-1 Insider Trading Plans and Related Disclosures

Retrieved on: 
Mittwoch, Dezember 15, 2021
Disclosure, U.S. Securities and Exchange Commission, Commission, Form 5, Federal Register, Securities Exchange Act of 1934, Gaps, Processor register, Comment, Security (finance), Form 4, SEC, Rule

The proposal includes updates to Rule 10b5-1(c), which provides an affirmative defense to insider trading for parties that frequently have access to material nonpublic information, including corporate officers, directors and issuers.

Key Points: 
  • The proposal includes updates to Rule 10b5-1(c), which provides an affirmative defense to insider trading for parties that frequently have access to material nonpublic information, including corporate officers, directors and issuers.
  • "Over the past two decades, weve heard concerns about and seen gaps in Rule 10b5-1 gaps that today's proposals would help fill," said SEC Chair Gary Gensler.
  • The proposed amendments to Rule 10b5-1 would update the requirements for the affirmative defense, including imposing a cooling off period before trading could commence under a plan, prohibiting overlapping trading plans, and limiting single-trade plans to one trading plan per twelve month period.
  • The amendments also would elicit more comprehensive disclosure about issuers policies and procedures related to insider trading and their practices around the timing of options grants and the release of material nonpublic information.

Seacoast Banking Corporation of Florida Announces Renewal of Share Repurchase Program

Retrieved on: 
Freitag, Dezember 17, 2021
Organization, Forward-looking statement, U.S. Securities and Exchange Commission, Board of directors, Solution, LIBOR, Company, Insurance, Internet, Board, Pandemic, Securities Exchange Act of 1934, Securities Act of 1933, CECL, Share repurchase, Epidemic, Paycheck Protection Program, Public health, Industry, Telephone, COVID-19, Acquisition, Adoption, NASDAQ, Terrorism, SEC, Bloomberg L.P. v. Board of Governors of the Federal Reserve System, Annual report, Form 10-K, PPP, Goal, SBCF, Security (finance), Investment, Risk, GLOBE, Rule, Risk management, Lists of disasters, Employment, Technology, Federal Reserve, Behavior, Bank, Central Florida

STUART, Fla., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) announced that its Board of Directors (the Board) has renewed the Company's share repurchase program.

Key Points: 
  • STUART, Fla., Dec. 17, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (Seacoast or the Company) (NASDAQ: SBCF) announced that its Board of Directors (the Board) has renewed the Company's share repurchase program.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.
  • About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)
    Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $9.9 billion in assets and $8.3 billion in deposits as of September 30, 2021.
  • The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 52 traditional branches of its locally-branded, wholly-owned subsidiary bank, Seacoast National Bank.

BitNile Holdings Announces Up to $50 Million Stock Repurchase Program

Retrieved on: 
Mittwoch, Dezember 15, 2021
Finance, Professional Services, Other Professional Services, Other Technology, Technology, Bitcoin, Method, Forward-looking statement, U.S. Securities and Exchange Commission, Board of directors, Company, Board, Securities Exchange Act of 1934, Securities Act of 1933, Share repurchase, Growth, NYSE, III, Suite, Nature, Risk, NILE, Investor relations, Telecommunication, Rule, Textile, Compliance, Security (finance)

BitNile Holdings, Inc (NYSE American: NILE), a diversified holding company (BitNile or the Company), announced today that its Board of Directors has authorized a stock repurchase program under which BitNile may repurchase up to $50 million of its outstanding common stock over a three-year period commencing December 15, 2021.

Key Points: 
  • BitNile Holdings, Inc (NYSE American: NILE), a diversified holding company (BitNile or the Company), announced today that its Board of Directors has authorized a stock repurchase program under which BitNile may repurchase up to $50 million of its outstanding common stock over a three-year period commencing December 15, 2021.
  • Under the repurchase program, the Company may repurchase shares of common stock on a discretionary basis from time to time through a variety of methods, including open market repurchases.
  • BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
  • BitNile Holdings headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.BitNile.com .

National Debt Essay Contest by The Gatestone Institute Challenges Youngsters Who Will Pay the Bill

Retrieved on: 
Dienstag, Dezember 14, 2021
Finance, Public Policy, Government, Professional Services, Other Education, University, Primary, Secondary, Other Professional Services, Education, Other Policy Issues, PDF, Gatestone Institute, United States federal government credit-rating downgrades, History, War Machine, Treasury, Student, Human, Federation, Time, Democracy, Human rights, Happiness, Century, Essay, Research, Interest, National Economic Council, Policy, National Economic Council (United States), Rule, Congress, Government debt, Bank, Life insurance, Typesetting

Mr. Kadish stated, "Economists warn that by the time many of these students are pursuing careers in a decade ahead, our nation's gross federal debt is projected to be some $40 trillion. That is a staggering number -- to the point where it can trigger the collapse of our nation as a world power as history has demonstrated time and again for countries whose leaders raced to embrace unsustainable debt.

Key Points: 
  • This essay contest is looking for the youngster who recognizes the deficit as the mortal threat it is.
  • Our entire economy will be subverted for the sole purpose of paying down our national debt.
  • Participants should submit their essay as a PDF file either by going to the contest web site, www.gatestonecontest.org or by email [email protected]
    This essay contest is open to entrants between 16 and 21.
  • Full details on rules and contest criteria are at www.gatestonecontest.org when submitting the essay by email.

Government of Canada approves changes to improve railway track inspections

Retrieved on: 
Mittwoch, Dezember 15, 2021
Weather, Instagram, Transport Canada, Rule, Severe cognitive impairment, George L. Morfitt (auditor general), Lung compliance, Rail transport by country, Safety, Travel, Government, Local government in Canada, Data collection, YouTube, Twitter, Person, News, Compliance, Rail transport, Inspection, Facebook

Today, the Minister of Transport, the Honourable Omar Alghabra, announced that Transport Canada has approved another phase of changes to the Rules Respecting Track Safety, which focus on track inspection frequency and the use of automated track inspection technology.

Key Points: 
  • Today, the Minister of Transport, the Honourable Omar Alghabra, announced that Transport Canada has approved another phase of changes to the Rules Respecting Track Safety, which focus on track inspection frequency and the use of automated track inspection technology.
  • The Rules Respecting Track Safety specify safety requirements that railway companies must follow when inspecting and maintaining their railway track infrastructure.
  • The latest changes to theRules Respecting Track Safety will improve inspection and data collection practices and improve safety forthose who live and work near Canada's railway network."
  • Transport Canada monitors railway companies for compliance with rules, regulations, and standards made under the Railway Safety Act through risk-based audits and safety inspections.

CharterUP Welcomes Company President Howard Bornstein

Retrieved on: 
Dienstag, Dezember 14, 2021
Personality, Bill & Melinda Gates Foundation, Company, Coffee, Bain Capital Ventures, Business, Growth, McKinsey & Company, HomeLight, Industry, Stanford Graduate School of Business, Principal, Uber, CEO, Nike, Goal, Transport, SoFi, Deloitte, Bill, MBA, Rule, Technology, Management, Financial services, Toy

ATLANTA, Dec. 14, 2021 /PRNewswire-PRWeb/ -- CharterUP, the leading tech platform for enterprise-level people transportation, announced today that Howard Bornstein officially joined the team as the company's President.

Key Points: 
  • ATLANTA, Dec. 14, 2021 /PRNewswire-PRWeb/ -- CharterUP, the leading tech platform for enterprise-level people transportation, announced today that Howard Bornstein officially joined the team as the company's President.
  • "[CharterUP] is really onto something," Bornstein said of the current state of the company.
  • With his extensive experience in supporting entrepreneurs through periods of rapid growth, Bornstein has collaborated with Harris on company strategy since they first met in 2019.
  • As company President, and as the first person to hold that role at CharterUP, Bornstein looks forward to the company's growth and development in new and exciting ways.

Silicon Motion Announces New $200 Million Share Repurchase Program and Reiterates Guidance

Retrieved on: 
Montag, Dezember 6, 2021
U.S. Securities and Exchange Commission, Electronics, NAND, Terminology, Company, Silicon Motion, GLOBE, Securities Act of 1933, Security (finance), Board of directors, CEO, Nasdaq, Industry, American depositary receipt, Securities Exchange Act of 1934, Method, Rule, UFS, ADSS, SSD, Motion, Board, Silicon, Policy, Personal computer, MultiMediaCard, ADS, Program, Share repurchase, IOT, Solution, Annual report, Compliance, Investment, Form 6-K

TAIPEI, Taiwan and MILPITAS, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation(NasdaqGS:SIMO) (Silicon Motion or the Company) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to$200 millionof its American Depositary Shares (ADSs) over a 6-month period, effective immediately.

Key Points: 
  • TAIPEI, Taiwan and MILPITAS, Calif., Dec. 07, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation(NasdaqGS:SIMO) (Silicon Motion or the Company) today announced that its Board of Directors has authorized a new share repurchase program and approved related cash disbursement for the Company to repurchase up to$200 millionof its American Depositary Shares (ADSs) over a 6-month period, effective immediately.
  • We have a long track record of returning excess capital to shareholders, primarily through dividends, but also though share repurchases.
  • The program does not obligate the Company to acquire any particular amount of ADS, and it may be suspended at any time at the Company's discretion.
  • We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

Perpetual Industries Launches 506(c) Series A Preferred Share Offering for Stage One of Its Cryptocurrency Mining Division Expansion Plan

Retrieved on: 
Donnerstag, Dezember 2, 2021
Bitcoin, Private Securities Litigation Reform Act, OEM, U.S. Securities and Exchange Commission, CEO, Securities Act of 1933, Acquisition, Regulation D, Company, Cryptocurrency, Solution, Vibration, GEM, Legislation, Sustainable energy, Rule, Software, Securities Exchange Act of 1934, Perpetual, Research, GLOBE, Cloud computing, CFO, Artificial intelligence, Renewable energy, Growth

The purpose of this offering is to secure funds that will be directly used in the first stage of the company's expansion plan for cryptocurrency mining operationsat its 22,000-square-foot facility in Auburn, Indiana.

Key Points: 
  • The purpose of this offering is to secure funds that will be directly used in the first stage of the company's expansion plan for cryptocurrency mining operationsat its 22,000-square-foot facility in Auburn, Indiana.
  • Perpetual intends to use the net proceeds of the offering for the acquisition of cryptocurrency mining processors, other computer processing equipment, data storage, electrical infrastructure, software, working capital, and for general corporate purposes.
  • We feel very confident that our Blockchain and Cryptocurrency division will grow exponentially with an influx of capital from this offering, said Trip Thomas, CFO of Perpetual Industries.
  • It will allow us to execute stage one of the Bitcoin mining division plan and offer investors an attractive opportunity to expand their portfolios by getting involved in the cryptocurrency sector.

OTTAWA BANCORP, INC. APPROVES STOCK REPURCHASE PROGRAM

Retrieved on: 
Mittwoch, Dezember 1, 2021
Security (finance), News, OSB, U.S. Securities and Exchange Commission, Bank, Community Bank, Industry, Company, COVID-19, OTCQX, Rule, GLOBE

OTTAWA, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW) (the Company), the holding company for OSB Community Bank (the Bank), announced today that it has approved a stock repurchase program authorizing the purchase of 282,352 shares, representing 10% of the Companys outstanding shares of common stock.

Key Points: 
  • OTTAWA, Ill., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW) (the Company), the holding company for OSB Community Bank (the Bank), announced today that it has approved a stock repurchase program authorizing the purchase of 282,352 shares, representing 10% of the Companys outstanding shares of common stock.
  • As of September 30, 2021, the Company has repurchased a total of 628,585 shares of its common stock at an average price of $13.14 per share as part of the four stock repurchase programs approved by the Companys Board of Directors since 2017.
  • Ottawa Bancorp, Inc. is the holding company for OSB Community Bank, which provides various financial services to individual and corporate customers in the United States.
  • OSB Community Bank was founded in 1871 and is headquartered in Ottawa, Illinois.