Hearing

CIRO to Hold a Settlement Hearing for Lifan Song

Retrieved on: 
Wednesday, December 13, 2023

WINNIPEG, MB, Dec. 13, 2023 /CNW/ - The Hearing on the Merits previously scheduled for February 6-7, 2023 has been converted to a Settlement Hearing scheduled for February 6, 2023, before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules to consider whether to accept a settlement agreement entered into between Enforcement Staff and Lifan Song.

Key Points: 
  • WINNIPEG, MB, Dec. 13, 2023 /CNW/ - The Hearing on the Merits previously scheduled for February 6-7, 2023 has been converted to a Settlement Hearing scheduled for February 6, 2023, before a hearing panel of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules to consider whether to accept a settlement agreement entered into between Enforcement Staff and Lifan Song.
  • The hearing is not open to the public, but will become open in the event that the panel accepts the agreement.
  • If the agreement is accepted, the panel's decision and the settlement agreement will be made available at www.ciro.ca .
  • The Notice of Hearing is available at:
    Lifan Song conducted business with Investors Group Financial Services Inc. in the Winnipeg, Manitoba area.

Top Five Questions Insurance Commissioner Ricardo Lara Must Answer About his Wildfire Insurance Plan

Retrieved on: 
Wednesday, December 13, 2023

Commissioner Lara will testify about his plan before an Assembly Insurance Committee Oversight Hearing this afternoon.

Key Points: 
  • Commissioner Lara will testify about his plan before an Assembly Insurance Committee Oversight Hearing this afternoon.
  • Commissioner Lara announced a deal with insurers and plan for regulations in September that he said would expand home insurance coverage for Californians.
  • The center of the plan was a supposed "85% commitment" by insurers to increase insurance sales in wildfire areas.
  • "Is the Insurance Commissioner finally ready to prove how his plan will get a single new homeowner access to insurance in California?

New Multifamily Renter Sentiment Report Reveals Surprising Trends in Housing Choices and Generational Preferences

Retrieved on: 
Wednesday, December 13, 2023

DALLAS, Dec. 13, 2023 /PRNewswire/ -- Knightvest, a fully integrated real estate investment and management company, released the results of the company's first annual survey measuring multifamily renter sentiment. The survey provides insights into the rent-versus-buy decision, the downstream effects of high mortgage interest rates, and differences in generational preferences around renting.

Key Points: 
  • The survey provides insights into the rent-versus-buy decision, the downstream effects of high mortgage interest rates, and differences in generational preferences around renting.
  • At Knightvest, we remain focused on executing our strategy to renovate and reposition apartment communities to create compelling, modern living environments at an extraordinary value.
  • With people staying in apartments longer, this work has never been more important than it is today."
  • This poll was conducted between November 20 and November 30, 2023, among a group of more than 4,100 U.S. apartment renters.

FAIRtax Act of 2023 HR 25 Appeared Before the House Ways and Means Tax Subcommittee

Retrieved on: 
Wednesday, December 13, 2023

JACKSONVILLE, Fla., Dec. 13, 2023 /PRNewswire/ -- FAIRtax Act of 2023 HR 25 appeared before the House Ways and Means Tax Subcommittee.

Key Points: 
  • JACKSONVILLE, Fla., Dec. 13, 2023 /PRNewswire/ -- FAIRtax Act of 2023 HR 25 appeared before the House Ways and Means Tax Subcommittee.
  • Americans for Fair Taxation President Steve Hayes appeared before the House Ways and Means Tax Subcommittee with four other witnesses at 2:00 p.m. Eastern, Wednesday, December 6, 2023.
  • He and the other witnesses then responded to questions from the Members of the Subcommittee.
  • "It is very encouraging that the Ways and Means Committee is recognizing and giving consideration to the FAIRtax Act of 2023, HR 25 as a viable alternative for real and true federal tax reform.

NAIFA Shares the Real-World Impact of DOL's Fiduciary Proposal at Public Hearing

Retrieved on: 
Tuesday, December 12, 2023

ARLINGTON, Va., Dec. 12, 2023 /PRNewswire-PRWeb/ -- National Association of Insurance and Financial Advisors (NAIFA) President Bryon Holz, CLU, ChFC, LUTCF, CASL, LACP, testified today along with his client, Chuck Ross, at a Department of Labor public hearing on the DOL's fiduciary proposal known as the "Retirement Security Rule: Definition of an Investment Advice Fiduciary." He is one of the only actively practicing financial advisors to testify during the hearing and the only one to testify along with a client. Together, they gave a first-hand account of how the proposal will harm consumers.

Key Points: 
  • He is one of the only actively practicing financial advisors to testify during the hearing and the only one to testify along with a client.
  • Together, they gave a first-hand account of how the proposal will harm consumers.
  • The DOL proposal would limit the ability of consumers to choose from a variety of financial service business models.
  • CEO Mayeux has said NAIFA will explore all options to preserve consumers' ability to choose from a variety of financial service models.

CIRO to Hold Disciplinary Hearing for Susan Armitstead

Retrieved on: 
Tuesday, December 12, 2023

ONOWAY, AB, Dec. 12, 2023 /CNW/ - A hearing has been scheduled before a hearing panel of the Alberta District Hearing Committee of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Susan Armitstead.

Key Points: 
  • ONOWAY, AB, Dec. 12, 2023 /CNW/ - A hearing has been scheduled before a hearing panel of the Alberta District Hearing Committee of the Canadian Investment Regulatory Organization (CIRO) under the Mutual Fund Dealer Rules in the matter of Susan Armitstead.
  • The hearing is open to the public unless the panel orders otherwise.
  • The decision of the hearing panel will be made available at www.mfda.ca .
  • CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments.

CIRO issues Reasons for Decision in the John Moody matter

Retrieved on: 
Tuesday, December 12, 2023

The hearing panel directed the parties to make submissions on costs, which will be determined separately.

Key Points: 
  • The hearing panel directed the parties to make submissions on costs, which will be determined separately.
  • During the period described in the Notice of Hearing, the Respondent conducted business in the Calgary, Alberta area.
  • The Canadian Investment Regulatory Organization (CIRO) is the national self-regulatory organization that oversees all investment dealers, mutual fund dealers and trading activity on Canada's debt and equity marketplaces.
  • CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments.

Notice - NVEST CANADA INC., GX TECHNOLOGY GROUP INC., SHORUPAN PIRAKASPATHY and WARREN CARSON, File No. 2023-1

Retrieved on: 
Tuesday, December 12, 2023

TORONTO, Dec. 12, 2023 /CNW/ - The merits and sanctions hearing in the above-named matter will continue on January 11, 2024 at 10:00 a.m.

Key Points: 
  • TORONTO, Dec. 12, 2023 /CNW/ - The merits and sanctions hearing in the above-named matter will continue on January 11, 2024 at 10:00 a.m.
  • The hearing will be held at the offices of the Tribunal at 20 Queen Street West, 17th floor, Toronto.
  • Members of the public may observe the hearing by videoconference, by selecting the "Register to attend" link on the Tribunal's hearing schedule, at capitalmarketstribunal.ca/en/hearing-schedule .

Global Times: Why foreign writers join Chinese online literature

Retrieved on: 
Tuesday, December 12, 2023

He and roughly two dozen other writers came to Shanghai for the 2nd Shanghai Online Literature Week hosted by China Literature, a leading online literature platform, and attended a round-table talk on various topics.

Key Points: 
  • He and roughly two dozen other writers came to Shanghai for the 2nd Shanghai Online Literature Week hosted by China Literature, a leading online literature platform, and attended a round-table talk on various topics.
  • Chinese writer Gongziyan said that fantasy is divided into Western fantasy and Eastern fantasy and that "fantasy novels created by Chinese writers will also incorporate Western elements."
  • Overseas writers are curious about how Chinese writers start their writing careers and how they draw inspiration from life.
  • Chinese writers are looking forward to understanding how overseas authors view their own works and the symbols of Chinese culture.

Settlement Administrator Angeion Group Announces Proposed Settlement in In Re Philips Recalled CPAP, Bi-Level PAP, and Mechanical Ventilator Products Litigation Class Action

Retrieved on: 
Monday, December 11, 2023

PHILADELPHIA, Dec. 11, 2023 /PRNewswire/ -- A proposed Settlement of Economic Loss Claims has been reached in a U.S. class action lawsuit against Defendants Philips RS North America LLC ("Philips RS"), Koninklijke Philips N.V., Philips North America LLC, Philips Holding USA, Inc., and Philips RS North America Holding Corporation (collectively, the "Philips Defendants"), related to CPAP, BiPAP and ventilator devices sold in the United States between 2008 and 2021 that Philips RS recalled beginning in June 2021.  Plaintiffs in this lawsuit allege that the particular type of noise-reducing foam used in the recalled devices was defective. The Settlement is intended to resolve Economic Loss Claims only and does not affect or release any claims for personal injuries or medical monitoring relief.

Key Points: 
  • If You Paid For A Philips CPAP, BIPAP, Or Ventilator That Was Recalled By Philips RS North America LLC Beginning in June 2021, A Class Action Settlement May Affect Your Legal Rights.
  • Plaintiffs in this lawsuit allege that the particular type of noise-reducing foam used in the recalled devices was defective.
  • The Settlement is intended to resolve Economic Loss Claims only and does not affect or release any claims for personal injuries or medical monitoring relief.
  • You may be eligible to receive a payment if you paid for a Philips Respironics CPAP, BiPAP, or Ventilator that was recalled.