#security listings / delistings
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tailschannel · 2 years ago
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Significant cuts hits IDW's parent company in a self-described "reset"
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IDW Media Holdings, the parent of IDW Publishing (the company behind the Sonic the Hedgehog comics), announced major cuts in an effort to unlock financial stability.
The company terminated their New York Stock Exchange listing, shook up senior management, and slashed entire promotional and editorial departments - around 39% of its workforce.
The newly-appointed CEO characterized the axe drop a "reset."
Background
There's no other way to describe it, the cuts at IDW are significant.
The axe drop was in direct response to a poor balance sheet in a tough economic environment. IDW suffered greatly during the COVID-19 pandemic, and non-publishing segments (like direct-to-consumer games) continued to illustrate repeated quarterly losses.
It's no secret that IDW experienced cash flow issues and various others financial challenges, even though the comic books in particular (like IDW Sonic and TMNT) are significant revenue generators.
The company hopes that these cost-cutting measures will provide $4.4 million USD in estimated annual savings.
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The impacted
Marketing, public relations, and editorial at IDW were impacted by today's announced cuts.
Comicsbeat reported that the entire marketing and PR departments, and half of the editorial team, got the axe, with more specific details yet to come. That's 39% of the total workforce.
At press time, @idwsonicnews told us that Shawn Lee, a "designer and letterer on many IDW titles", were among the laid off. He tweeted, "whelp, I'm officially a freelancer now."
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Meanwhile, senior management got a shakeup. Former chairman Davidi Jonas replaced Allan Grafman as Chief Economic Officer. Chief Financial Officer Brooke Feinstein was ousted, and Amber Huerta was promoted to Chief Operating Officer.
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IDW also voluntarily delisted their Class B common stock from the New York Stock Exchange, the largest trading venue in the world; and suspended their reporting status to the U.S. Securities and Exchange Commission. The company hoped that this will "reduce pressure on limited resources and the Company’s current inability to realize many of the benefits."
Okay, what about IDW Sonic?
Deep breaths.
At press time, there's nothing we know that flags an immediate concern for the IDW Sonic comics. However, as this is a developing situation, and the long-term outlook is uncertain, the forecast can change.
Even though it, and other comic book franchises (TMNT, etc.) continues to generate significant revenue to the publishing unit, IDW will have to enact more critical decisions to remain financially sound.
IDW Sonic editors David Mariotte and Riley Farmer have yet to officially acknowledge the parent company's announcement, but both "retweeted posts related to the layoffs," @idwsonicnews told us.
We have reached out to IDW Publishing for further comment.
(Updated Friday 11:00 pm ET)
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reasoningdaily · 2 years ago
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The Intercept: Police Harass Veteran on Terror Watchlist, Lawsuit Says
Saadiq Long was on his way to a night shift at the transportation company he works at when he saw flashing lights behind his car. Two police cruisers were signaling him to pull over. This would be the third time in just over a month that Long, a U.S. Air Force veteran with no criminal record, had been pulled over without explanation by Oklahoma City police officers. The stops frustrated Long. He suspected he was being targeted.
After wondering again why he’d been pulled over, this time would be different: He would get some answers, however unsettling, about why it was happening.
Long, 52, was initially told by an officer who stopped him that his car had been listed in a gang database. After waiting in his car for roughly 20 minutes, the officer, according to a video that Long made of the incident, came back with a different story. The police officer told Long that his car had come up as a “hit” in a national watchlist database, one that “automatically alerts us that this vehicle is under suspicion for a terrorist watchlist.” The cop said that Long’s presence on the watchlist, rather than any driving-related infraction or accusation of criminality, was why he had been pulled over.
Long is no stranger to harassment by federal authorities. In 2015, he sued the U.S. government over his placement on the Department of Homeland Security’s no-fly list, as well as the larger terrorist watchlist from which that database is built. Eventually, Long was told his name was removed from the no-fly list, but, as the traffic stops in Oklahoma indicate, he has remained on the broader terrorism watchlist. His lawsuit in federal court related to that watchlist is still ongoing.
More immediately, Long is trying to deal with the very local consequences of being on the federal watchlist.
The U.S. government’s terror lists are often thought of as a tool for protecting against foreign national security threats. Yet in Long’s case, his continued presence on the list, which is secret and has no clear avenues for an individual to be delisted, has now resulted in an unending cycle of harassment from local police in his hometown of Oklahoma City, where he lives with his family.
Since the December 30, 2022, stop where he was verbally informed that his car was on the terrorist watchlist, things have gotten much worse for Long. In subsequent stops, he has been pulled over, handcuffed, and placed in the back of a police cruiser. In one incident, Oklahoma City police officers leveled their guns at Long while blaring orders over a loudspeaker instructing Long to exit his vehicle.
Having failed thus far in his case against the federal government, Long is now suing the Oklahoma City Police Department over the traffic stops, as well as their use of the federal terrorist watchlist as a pretext to target his vehicle. (The Oklahoma City Police Department declined to comment on the case.)
“As Saadiq Long drives the roads of his city, the Oklahoma City Police Department has been watching, aiming its vast network of cameras and computers at him repeatedly,” the lawsuit says. “Using a secret, racist list of Muslims that the FBI illegally maintains, officers have repeatedly pulled Saadiq Long over, sometimes at gunpoint, unlawfully arresting him twice in the last two months.”
“Despite the fact that he has never been arrested or charged for any crime, due to his presence on this list, he has lost work licenses, been denied visas, and been prevented from flying on airplanes,” said Gadeir Abbas, an attorney with the Council on American-Islamic Relations who is representing Long. “The officers who are pulling him over are just doing it because their computers are telling them to do so due to his watchlisting status. He is not under investigation for anything, but this secret list is still terrorizing him whether on land or air.”
In 2013, Long was prevented from boarding a flight to Oklahoma from Qatar, where he then resided. A U.S. citizen and Air Force veteran, the denied flight to Qatar was when Long first discovered that he was on the DHS’s no-fly list. Ever since, he has faced detention and other harassment while traveling.
Long sued in 2015 to clear his name from this secret database. In 2020, Homeland Security informed Long that he had been removed from the no-fly list and would not be placed back on absent further information. The government argued in court that the removal of Long’s name from the no-fly list had rendered his claims moot. Yet his removal from the no-fly list has not meant his removal from the broader terrorism watchlisting database, nor from the dire consequences of his status.
Civil liberties advocates, who routinely challenge the constitutionality of the terrorism watchlist in court, have grown increasingly alarmed by the expansion of its use by local law enforcement agencies. In some cases, these local agencies have been tasked with both monitoring individuals assigned to the list and expanding its scope. In 2014, The Intercept published the government’s secret guidance for selecting individuals to the watchlist. Disclosures in a lawsuit from 2017 revealed that the watchlist had grown to 1.2 million people, the majority of whom are believed to be noncitizens and nonresidents of the United States.
Presence on the watchlist can generate numerous problems for those targeted, from harassment and detention while traveling to the type of routine law enforcement threats and harassment Long now faces.
“His experience, unfortunately, is very common for people who are still on watchlists, even if they are not on the no-fly list. It is par for the course for anyone on a watchlist to experience more aggressive traffic stops,” said Naz Ahmed, a staff attorney with the Creating Law Enforcement Accountability and Responsibility project at the City University of New York School of Law. “Officers are instructed not to do anything that gives away that a person they have pulled over is on a watchlist or to carry out warrantless searches. But you can imagine how an officer may react who doesn’t have much training on this subject, and does not see it commonly, when they come across someone in this situation.”
A 2016 report by Yale Law School and the American Civil Liberties Union found that the U.S. government had “drastically expanded a consolidated watchlisting system that includes hundreds of thousands of individuals based on secret evidence.” The report documented how the system was now being used and interpreted by local police forces who were frequently acting upon “potentially erroneous, inaccurate, or outdated information.” Unlike the no-fly list, which has some limited redress processes, the broader terrorism watchlist remains largely opaque and unchallengeable.
“The FBI accepts almost every single ‘nomination’ to its list submitted by anyone,” Long’s lawsuit says. “This is because the FBI uses a standard so low that, based on a string of speculative inferences, any person can be made to qualify.”
Long’s lawyers filed suit against the local police department in Oklahoma City on Thursday, to compel its officers to stop pulling him over based on his watchlisting status. Long is also asking for financial compensation for violations of his Fourth Amendment rights. (The Department of Homeland Security did not immediately respond to a request for comment about the suit.)
Despite his recent experiences, Long has continued driving to work, doing errands, and visiting family in Oklahoma City but with increasing trepidation about how his watchlisting status is being interpreted by local police. Some police officers have been apologetic while pulling him over; others have responded aggressively, treating him as a threat, pulling out weapons, and causing him to fear for his life.
“For the past year or two, I noticed that the Oklahoma City police often followed me while driving, though without pulling me over,” said Long. “I got kind of used to it, but just recently, within the last month and a half, that’s when this started turning into something much more serious.”
The most recent incident, when he was pulled over earlier this month by a group of police officers who drew guns on him and ordered him out of his vehicle — an incident that Long also caught on his own dashboard camera — was the most alarming in his recent series of run-ins. A video of the incident shows police officers yelling contradictory instructions at him for several minutes while standing with guns drawn behind his vehicle.
“I was wondering if they were going to make my wife a widow now for something so silly,” Long said, “just for me being on this list, when they themselves don’t even know why I’m on it.”
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oddnews · 2 years ago
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Subsegment: Old News, (slightly) Odd Coincidences
One of the long-running geopolitical gordian knots of our time is the question of whether Iran is poised to cross the "nuclear threshold" and what (if anything) can be done by way of intervention to prevent it becoming a nuclear power.
In 2017 for example, the Carnegie Endowment for International Peace held a panel event entitled "Beyond the Nuclear Threshold" which focused on the Iran Deal.
And in July 2020, the NY Times reported that a critical threshold had been passed because Iran's stockpile of nuclear fuel was sufficiently large to make a bomb.
There are many such examples.
My interest in this story has been piqued by three or four convergent factors besides than the obvious imperative that we should all be interested in the preservation of humankind and the avoidance of mutual destruction. First, the story was of professional interest because I was involved at one stage in trying to interpret both the Iranian sanctions regime as it applied to banking and finance and assess the impact of the JCPOA on emerging regulation; second it was of personal interest, because I'm certain that "nuclear" is one of those "code words" that people use to achieve a subtextual meaning that I've never fully understood; and, third, my curiosity was piqued because I once heard someone say "Jo knows all about Israeli intelligence on Iran's nuclear programme" which was both startling and utterly perplexing to me—just at it would be to you, mutatis mutandis—but also vaguely threatening and anxiety-producing.
As to the second of these, I've given up the game of trying to interpret subtexts from an alphabetical perspective, but I will mention—because it's relevant here—that my long and deep involvement in that exercise left me with a perennial interest in the letters "NU" as they appear in the word "nuclear".
So there we have it—a variety of "nuclear" threads which have to do largely with words, not weapons, which converge only for me and which don't mean anything to anyone else at all.
But here's the (mildly) odd coincidence. On 23 January, the Institute for National Security Studies in Israel presented a strategic assessment to President Isaac Herzog which warned that Iran would soon become a "nuclear threshold state", and the term "threshold" suddenly zipped to the top of the news cycle again.
Following the presentation of the assessment, the former commander of Israel’s navy, Eliezer Marom, was reported as having said that, in light of the fact that Iran is on the threshold of obtaining nuclear weapons, it would be better to attack “now than later.”
"In my understanding, I think Israel has to attack, because the situation right now is that Iran is a threshold country - 100 percent," he replied.
That had exactly the effect one would suppose—inflamed tensions and more than a frisson of geopolitical anxiety.
Meanwhile, a cryptocurrency token named "Threshold" also hit the crypto news on 23 January when Coinbase listed it as a new asset on its roadmap:
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Threshold (T), which nearly doubled in price following the listing, is the umbrella token under which two other companies and their tokens are in the process of merging (following a proposal that was adopted at the end of 2021 and initiated in February last year). Those tokens are produced by Keep Network (KEEP), and NuCypher (NU). KEEP and NU will be delisted on 6th February. Transfers of assets to Threshold from KEEP and NU have been possible from 25th January.
And that, it seems to me—the convergence of news on 23 January about Iran's IRL status as a "nuclear threshold country" and about Threshold's virtual status as a repository of value following the merger of KEEP and NU—is a mildly odd coincidence.
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maguneedsalife · 1 year ago
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i basically only heard about this because i work at a synagogue, and our community watchdog email blast put out an alert. have seen absolutely zero talk about it outside my job.
The reason streamed services in particular are being targeted is because the trolls want to watch the police response from their fake swat call in real time. 
shul staffers (or people who belong to a shul & want to help them be safer), here is what you can do to mitigate risk on the streaming end:
1. if your shul livestreams services, make that shit private right now. Make the page private, de-index it, hide it from search engines. i cant speak for other kinds of sites but i know shulcloud lets you hide pages from search engines in the page settings. do that. you can even make sections in pages or entire pages themselves hidden from people who aren’t logged in (but depending on your community’s level of shabbat adherence that might not be a good solution; ymmv). if you stream using youtube, private or delist your videos. if you can get to your shul’s stream page from a google search in an incognito window your work is not done. i googled “[common synagogue name] + stream” and pulled up an absolutely depressing number of shuls whose streams are just out there for anyone to watch or hijack with a swat call.
2. absolutely do not post the link to that private stream page anywhere publicly accessible.  Do not give it out to just anyone who calls or emails. Honestly i wouldn’t even put it in your newsletters. Increase the number of hoops that strangers have to jump through to get that link. Make them call or email you. Ask them questions. Who are they. How did they hear about us. Are they affiliated with a shul. Why do they want our shul’s link in particular. It’s okay to be honest and say you’re doing this for security reasons due to the wave of fake swat calls. Anyone normal will understand. Also, instruct b’nai mitzvah families to be careful that the link does not leave their circle of invitees. and for the love of god do not fucking post it on facebook or instagram. 
We actually broke our old link in the process of making a new private page so that anyone who had the old one (any old joe schmoe who could have accessed our site during the pandemic) can’t see the stream anymore.
i know the high holidays are coming up and it’s about to be a busy time for shuls everywhere but you do not want to add armed police invasion to your list of things to worry about. private your streams. safeguard your links. thank you
Because I'm only seeing other Jews posting about this, non-Jews I need you to be aware that for the past month or two there has been a wave of bomb threats and swattings at synagogues all across the US. They usually do it when services are being livestreamed. I haven't seen a single non-Jew talking about this. High holidays are coming up in a few weeks, which is when most attacks happen against our communities. We're worried, and we need people to know what's happening to us.
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allthebrazilianpolitics · 22 days ago
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Eased takeover rules attract funds to Brazilian listed companies
Changes in quorum requirements make it easier to take companies private
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The recent delisting of insurance broker Alper by U.S. private equity group Warburg Pincus marked a significant milestone for this industry, drawing close attention from market players. This was the first transaction involving the acquisition of control of a publicly-traded company on Brazil’s B3 exchange by a private equity fund in nearly 15 years, leading to its delisting. The last such buyout took place in 2010, when Apax acquired control of IT company Tivit and took it private.
Henrique Muramoto, who oversees Warburg Pincus’s operations in Brazil, noted that this was the firm’s first such transaction in the country. He recalled that this model is commonly used by private equity funds in the U.S. “We are looking at one or two opportunities with similar characteristics,” he said. Mr. Muramoto shared that since finalizing the desilting of Alper, banks and funds had approached him to inquire about the process, leading him to project that more transactions of this kind are likely to occur.
The transaction began to take shape in 2023. After meeting with four key shareholders of the insurance company, Warburg Pincus launched a voluntary takeover bid to acquire up to 100% of the company’s shares, with a premium of 40% over the market value. In this public acquisition offer (OPA), the fund achieved the minimum necessary quorum and purchased 72% of the company’s shares. Later, when applying for a second OPA for the cancellation of registration and delisting, the fund requested that the Securities and Exchange Commission of Brazil (CVM) consider the quorum from the first meeting—meaning they would not need two-thirds of shareholders to proceed with the new offer. Their strategy referenced a precedent involving Eletropaulo, where the energy company successfully obtained this flexibility. In this transaction, the fund was advised by Trindade Advogados and BTG Pactual.
The current OPA rules mandate a new quorum of at least two-thirds for the second OPA (of delisting). The challenge is that, at this stage, the liquidity of the shares is significantly reduced due to the previous offer, leaving the quorum in the hands of shareholders who either did not sell their shares in the first OPA or did not attend the meeting. This situation complicates the take-private process, leading funds to fear that the process might “die on the vine,” with the private equity fund becoming “trapped” in a listed company without liquidity.
Continue reading.
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legalwires · 1 month ago
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Delisting of Securities: A Comprehensive Overview
Introduction According to SEBI, ‘delisting’ refers to the permanent removal of a listed company’s securities from a stock exchange, resulting in those securities no longer being traded on that exchange. Delisting of securities occurs when a company chooses to withdraw its securities from the stock exchange where they were previously listed and traded. If a company decides it no longer wishes to

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sandraps · 2 months ago
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Private investors in Dubai
Private investors, often referred to as angel investors or private equity investors, are individuals or groups who invest their personal funds in private companies.
Unlike public investors who trade in stocks listed on exchanges, private investors provide capital directly to businesses, often in exchange for equity ownership or convertible debt.
This type of investment can be crucial for startups and small businesses that may not have access to traditional financing options.
Angel Investors: Typically affluent individuals who provide capital for startups, often in exchange for convertible debt or ownership equity. They usually contribute not only money but also valuable mentorship and networking opportunities.
Venture Capitalists : These are professional groups that manage pooled funds from many investors to invest in startups and small businesses. VCs usually look for high-growth companies with the potential for significant returns.
Family Offices: These are private wealth management advisory firms that serve high-net-worth individuals or families. They invest in various assets, including private companies, real estate, and more.
Private Equity Firms: These firms invest directly in private companies or buy out public companies to delist them from stock exchanges. They typically focus on established firms rather than startups.
Why Are Private Investors Important?
Private investors are instrumental in fueling innovation and entrepreneurship. Here are a few reasons why they are crucial:
Access to Capital: Many startups struggle to secure funding through traditional banks. Private investors provide much-needed capital that can be used for product development, marketing, and scaling operations.
Expertise and Mentorship: Besides funding, many private investors come with a wealth of experience and industry knowledge. They can offer strategic guidance, helping businesses navigate challenges and identify growth opportunities.
Network Opportunities: Investors often have extensive networks that can be beneficial for startups. They can introduce entrepreneurs to potential customers, partners, or additional investors.
In conclusion, private investors play a pivotal role in the financial landscape, providing essential capital to fuel innovation, entrepreneurship, and economic growth.
Their flexibility and long term investment horizon allow for a more personalized approach to wealth generation and risk management compared to institutional investors.
By carefully selecting opportunities and diversifying their portfolios, private investors can achieve substantial returns while also contributing to the development of businesses and industries.
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criptox · 2 months ago
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Sec Alivia RegulaciĂłn Para 12 Criptomonedas En Binance
Understanding SEC's New Regulations on Cryptocurrencies in Binance
The world of cryptocurrency has always been a wild ride, full of highs and lows. With the recent news about the U.S. SEC's decision to regulate twelve specific cryptocurrencies on Binance, it’s essential for both seasoned investors and newcomers to grasp what this means for them.
What's the Big Deal?
The United States Securities and Exchange Commission (SEC) has taken recognition of the rapid growth and popularity of cryptocurrencies. With that, they’ve set their eye on a dozen cryptocurrencies available for trading on Binance, a major cryptocurrency exchange. This decision is aimed at overseeing the market, protecting investors, and maintaining fair trading practices.
Impacted Cryptocurrencies
According to the announcement, here is a list of cryptocurrencies that are most affected:
Ethereum Classic (ETC)
Neo (NEO)
Cardano (ADA)
Tron (TRX)
Dash (DASH)
Monero (XMR)
Bitcoin Cash (BCH)
Litecoin (LTC)
Algorand (ALGO)
Stellar (XLM)
Quant (QNT)
VeChain (VET)
These coins have been noted for potential risks and regulatory issues, creating a stir among traders who either hold or are considering investing in them.
Why Regulation Matters
Regulation is a double-edged sword. On one side, it can enhance investor confidence by ensuring that trading platforms comply with certain rules. This can lead to more people entering the market, which could normalize cryptocurrency as a legitimate form of investment. On the other hand, stringent regulations may deter smaller investors who fear hefty compliance costs, or who find the landscape too complicated to navigate.
Binance's Position
Binance has long been in a grey area regarding compliance and regulations. The exchange has made efforts to adapt, such as enforcing KYC (Know Your Customer) policies and striving for greater transparency. The recent SEC regulations may enforce Binance to revise its offerings, potentially delisting certain cryptocurrencies or increasing its compliance investments.
How Should Investors React?
For investors, it’s vital to stay informed. Here are some steps you might consider:
Educate yourself about the specific cryptocurrencies you hold.
Monitor news regarding SEC regulations closely.
Consult with a financial advisor, particularly if you’re projected to invest in any of the affected cryptocurrencies.
Diversify your portfolio to mitigate potential risks.
In Conclusion
The SEC's regulation of these twelve cryptocurrencies marks a significant milestone in the world of digital assets. While change is daunting, understanding regulations and trends can empower investors to make informed decisions. Whether this leads to a more robust crypto market or creates further complications remains to be seen, but one thing's for sure: the evolution of cryptocurrencies is ongoing.
Stay tuned to our blog for more insights into the ever-changing landscape of finance and investment technology!
Sec Alivia RegulaciĂłn Para 12 Criptomonedas En Binance
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sa7abnews · 3 months ago
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Mideast oil powerhouse bans Russian 'shadow fleet' vessels that seek to undermine sanctions
New Post has been published on https://sa7ab.info/2024/08/16/mideast-oil-powerhouse-bans-russian-shadow-fleet-vessels-that-seek-to-undermine-sanctions/
Mideast oil powerhouse bans Russian 'shadow fleet' vessels that seek to undermine sanctions
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The United Arab Emirates has pushed back on Russia’s efforts to circumvent Western sanctions through a “shadow fleet” by refusing entry to its port for any ship from the African country of Eswatini. “Using a ‘shadow fleet’ to smuggle oil while concealing its origin, in order to circumvent Western economic sanctions has been part of Putin’s playbook of sanction-proofing Russia’s economy,” Rebekah Koffler, a former DIA intelligence officer and author of “Putin’s Playbook,” told Fox News Digital. “Moscow anticipated U.S. sanctions prior to the invasion of Ukraine,” Koffler said. “So, Putin has been sanction-proofing the Russian economy with several measures since 2014, when the Russian forces took over Crimea.””The vessels comprising this dark fleet are typically aging, lack proper safety standards, lack insurance, hence they present a threat to maritime security as they can create a hazardous situation at any time,” she added. PUTIN SCRAMBLES AS UKRAINE ADVANCES TROOPS ALONG ‘DORMANT FRONT’ IN BORDER SECURITY OPERATIONA list of ships published by the UAE Ministry of Energy and Infrastructure names Eswatini as the latest country to which no services from any UAE ship agents or maritime company should be provided as they “are not complying with this circular to avoid legal accountability.” “
this Administration has decided to include the vessels registered under the flag state of Eswatini (Swaziland) to the existing list of restricted flag State vessels calling UAE waters and ports, unless they are classified by a member of IACS Class or by the Emirates Classification Society,” the notice read. The flags of Eswatini started showing up this year, with ship broker Clarkson Research Services Ltd. reporting zero ships in 2023 registered under the Eswatini flag even as 26 such ships now sail the seas. TRUMP-MUSK INTERVIEW: 5 BIGGEST TAKEAWAYS FROM THE 2024 PRESIDENTIAL ELECTION TO THE US BORDER CRISISEswatini is a landlocked country in Southern Africa and has increasingly worked with Russia to transport oil as part of dodging sanctions. Bloomberg tracked the ownership of 18 Eswatini-flagged ships in ship-tracking data, finding that 16 had “unclear” ownership, but that several tankers transported oil produced in Russia and Iran. The United States sanctioned three Eswatini ships for supporting the regime of Syrian President Bashar al-Assad and later helping export grain from Russian-occupied parts of Ukraine during the briefly brokered grain corridor, according to The Economist. A spokesman for the Eswatini ship registry told the outlet that the country delisted two of the ships for breaking the country’s administration guidelines of compliance, but one month later two of the ships continued to fly the Eswatini flag. The spokesman argued that once the country delists a ship, they stop following them, and any use of the flag is “illegal and invalid.” BIDEN ADMIN ANNOUNCES ANOTHER $125M IN MILITARY ASSISTANCE FOR UKRAINE AS FIGHTING INTENSIFIES ON RUSSIAN SOILThe Atlantic Council think tank in January published a report on the growing Russian “dark fleet,” estimating that 1,400 ships make up the fleet and operate in a “gray zone” that makes it hard for countries to punish. The great concern, as both Koffler and the Atlantic Council noted, focuses on the poor condition of these ships since they operate illegally and do not want to raise suspicion from officials. The think tank called such ships “aging and poorly maintained,” which has given rise to incidents that legitimate vessels end up having to pay for, since the shadow fleet lacks proper insurance.CLICK HERE TO GET THE FOX NEWS APPThat puts the burden on coastal nations, which are obligated under search-and-rescue convention to put in time and resources to help distressed illegal vessels without recourse. “The potential harm to coastal states is tangible, but since the aggression doesn’t involve military, it means it’s virtually impossible for a country to avenge harm caused to it by a shadow vessel, even if it can prove the ship is transporting Russian cargo,” Atlantic Council senior fellow Elisabeth Braw wrote. 
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36crypto · 3 months ago
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SEC Revises Binance Lawsuit, Drops Solana from Alleged Securities List
The SEC has changed its lawsuit against Binance and has delisted Solana from the cryptocurrencies it claimed to be securities. This decision comes after a court declared that secondary markets in Binance’s BNB token did not fall under securities. On the same day, the 30th of July, the SEC filed a joint status report with the United States District Court for the District of Columbia concerning the

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ngo-pilot123 · 4 months ago
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“Social Stock Exchange Faces Delisting Dilemma"
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When To Delist From The Social Stock Exchange
There are wolves hidden under the cover of the law because non-profit organizations’ alternative financing methods using such common tools as debt and shares are severely limited. But at the same time, it is possible to get resources as the zero coupon zero principal bonds are placed on the SSE. ZCZP bonds that carry an equal tenure to the duration of the project for that which is funded, and at tenure, they will be written off the investee’s books. These instruments are for those investors who are looking to create social impact instead of not getting any return on investment. In this article, we will discuss the termination of Zero Coupon Zero Principal Instruments, which is equivalent to delisting. There are different modes of fund raising, like Equity, ZCZP, Development impact Bonds, Social Impact Funds and Donation through Mutual Fund.
About Zero Coupon Zero Principal Instruments
They are a type of financial derivative that has no periodic interest payments and no repayment of principal at maturity. They are also known as pure discount instruments or zero coupon bonds and there is no need to pay any securities transactions on zero coupon zero instrument
Zero coupon zero principle instruments (ZCZP) are financial instruments that a non-profit organization may use to raise funds. When an entity issues these securities and raises money, it is not a loan but a donation. The borrowing entity does not have to pay interest—therefore zero coupon—and does not have to pay the principal (zero principal) either. Like any other debt instrument, it will come with a time duration.
Any individual or corporate can buy the security through SSE once they are open for business.
The Finance Ministry had declared zero coupon zero principle instruments (ZCZP) as securities for the Securities Contracts (Regulation) Act, 1956. These instruments will be governed by rules by the SEBI. It will help organizations and corporates to utilize their social responsibility funds and support non-profit organizations more transparently.
This Provision is not applicable to For Profit Organization because For-profit organizations is not eligible to issue Zero Coupon Zero Principal Instruments for raising funds.
If NPO wants to renew the registration after a year and they have not raised any fund in the previous year through SSE so this is acceptable and they can do so.
Advantages
Fixed Return
Lower Credit Risk
Useful For Liability Matching
Lock In Return
Disadvantages
Interest Rate Sensitivity
Reinvestment Risk
Taxation On Imputed Interest
When bonds are issued, they are listed on Social Stock Exchange and these bonds will not be traded in the secondary market but can be transferred for other purposes. Termination of ZCZP is equal to delisting from the social stock Exchange.
Termination of the listing of Zero Coupon Zero Principal Instruments by the Social Enterprise shall occur in the following events:
When Tenure Is Over, It Is Considered Terminated From The Social Stock Exchange, Which Is Equivalent To Delisting.
When The Object For Funds Was Raised, That Has Been Achieved, And The NPO Has Submitted A Certificate To The Social Stock Exchange, It Is Also Considered A Bond That Has Been Terminated From SSE.
If The NPO Decides Not To Issue ZCZP To The Public But Only To Limited Donors, It Can Do So Privately Through Social Impact Funds Or Other Means.
Conclusion: 
If social enterprises want to terminate or delist their instruments, they must comply with the above conditions. After completing tenure and the object has been fulfilled, they will automatically delist the instrument from the social stock exchange. If the company wants to list the instruments, then it again has to list them with the process of issuing zero coupon for zero principal instruments with other purposes that should be related to eligible social activities.
DISCLAIMER: The information provided in this article is intended for general informational purposes only and is based on the latest guidelines and regulations. While we strive to ensure the accuracy and completeness of the information, it may not reflect the most current legal or regulatory changes. Taxpayers are advised to consult with a qualified tax professional or you may contact to our tax advisor team through call +91-9871990888 or [email protected].
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influencermagazineuk · 4 months ago
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UK Unveils Largest Overhaul of Listings Regime in Decades
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Regulators have greenlit the most extensive revision of rules governing London-listed companies in thirty years, aiming to rejuvenate the UK's capital markets amidst stiff international competition and declining investment inflows. Under the new listing rules, company executives will gain increased authority to make decisions without requiring shareholder votes. Additionally, companies will have greater flexibility to adopt dual-class share structures, which are favored by founders and venture capital firms to secure enhanced voting rights compared to other investors. The Financial Conduct Authority (FCA) formally announced these changes on Thursday, shortly after the Labour government's election, confirming a report initially by the Financial Times last month. The new regime is set to take effect on July 29, following two public consultations conducted by the FCA since May 2023. Despite acknowledging an elevated risk for investors, the FCA emphasized that these adjustments would better align with the necessary risk appetite for economic growth. London has faced challenges in competing with New York for listings of high-growth startups, a trend exacerbated by major companies like Flutter and CRH moving their primary listings to the US. "The financial services sector is pivotal to the UK economy, integral to this government's growth strategy," remarked Rachel Reeves, the new Chancellor of the Exchequer, on Thursday. "These new regulations mark a significant initial step towards revitalizing our capital markets, aligning the UK with global standards, and attracting the most innovative companies to list here." This overhaul builds upon broader reforms initiated by the previous Conservative government, which the Labour administration intends to uphold. These reforms include the Edinburgh and Mansion House initiatives aimed at boosting domestic pension fund investments in UK assets and fostering a culture of increased risk-taking. Looking ahead, the FCA plans to launch a review of the UK's prospectus rules later this summer. The latest listing rule changes announced on Thursday are more extensive than previously proposed by the FCA in December, as they allow institutional investors to hold super voting rights under dual-class share structures. Initially, the FCA had proposed limiting extra voting rights to natural persons such as founders and directors. Notably, the new rules also exempt sovereign wealth funds from the 10-year limit on holding super voting rights, potentially facilitating easier listings for certain Middle East-owned companies in the UK. In a published document, the FCA acknowledged strong opposition from investors regarding the expanded use of dual-class structures, highlighting significant concerns within the investment community. The Financial Conduct Authority (FCA) indicated that companies and their advisors largely supported the increased flexibility to utilize dual-class shares. They emphasized that investors would retain the option to abstain from investing in any structure they found uncomfortable. Advocates of the proposals pointed out that investors already endorse overseas companies employing dual-class shares, including prominent US tech firms. Under the new rules, requirements for shareholder approval of related party transactions or certain large deals will be eliminated. However, shareholder votes will still be mandatory for actions like delisting, executing a "reverse takeover" of a larger entity, or responding to a takeover bid. Additionally, the new rules will streamline the current system by consolidating the premium and standard listing segments into a single category. Existing companies will have access to transitional arrangements. In defense of these changes, FCA chief Nikhil Rathi argued that maintaining the status quo was not viable. He stated, "We do not believe the status quo is an option," expressing concern that failing to revise the rules could lead the UK's regulatory framework to diverge significantly from international standards. This, he warned, would diminish the attractiveness of the UK as a preferred listing destination for companies seeking growth opportunities. Read the full article
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drewssam · 7 months ago
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The Most Poorly Performed ETFs This Year in Australia are Crypto-Related Ones
The Australian Exchange Traded Fund (ETF) market witnessed a decline of nearly $2 billion in overall capitalization by the end of November 2022, primarily attributed to the poor performance of cryptocurrency-related ETFs. Notably, the BetaShares Crypto Innovators ETF (CRYP) and the Cosmos Global Digital Miners Access ETF (DIGA) were the worst-performing ETFs.
BetaShares introduced the CRYP ETF on the Australian Securities Exchange (ASX) in October 2021, coinciding with a period of peak cryptocurrency prices. However, CRYP plummeted by over 82% year-to-date, while DIGA, listed on the Cboe Australia market, experienced a 72% drop. CRYP provides exposure to publicly traded blockchain and cryptocurrency companies, including major players like Coinbase and Riot Blockchain.
DIGA tracks the performance of firms primarily engaged in cryptocurrency mining, with Galaxy Digital being its largest holding at 12.3% of the portfolio. However, just one year after its launch, Cosmos requested the delisting of DIGA and two other ETFs tied to Bitcoin and Ether due to dwindling interest in cryptocurrencies, leading to a fall in net asset value below $1 million. Investor sentiment in 2022 has been influenced by concerns about inflation and rising interest rates, with a shift away from tech-focused ETFs.
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lvy131419 · 8 months ago
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 Solanas: Pushing the frontier of digital arts and cultural value on the Solana blockchain
introduction
The digital asset and non-fungible token (NFT) market has exploded in recent years, providing unprecedented opportunities for artists, creators, and collectors. However, as the market expands, so do the challenges it faces, such as inefficient transactions, high fees, and a lack of ease of use. The Solanas project was created to address these challenges by leveraging the efficient performance of the Solana blockchain to facilitate the trading and collection of digital art and cultural value.
Project overview
Based on the Solana blockchain, the Solanas project is dedicated to minting, trading, and holding NFTs with unique artistic and cultural values. The project leverages the high throughput and low transaction fees of the Solana blockchain to facilitate the trading and collection of digital art and cultural values, and promote the development of the digital asset industry.
Solanas is innovative
The Solanas project has demonstrated significant improvements to the existing system by introducing new NFT standards and smart contracts that optimize the minting and trading process. These innovations take full advantage of the Solana blockchain's technological benefits, such as automating transaction processes, increasing transaction speed, and reducing costs, improving the efficiency and user experience of the entire ecosystem.
A new definition of the inscription and its value
Inscription concept
The inscriptions in the Solanas ecosystem are NFTs that represent unique artistic or cultural values, emphasizing the value of each pieceUniqueness and irreplaceability.
Quantity limit
To guarantee its scarcity and value, the total circulation of the Solanas project is set at 500 million inscriptions.
## Economic Model & Token Distribution
Inscription distribution
The maximum number of mintable inscriptions per wallet is 50,000 and is designed to encourage wider participation and avoid market monopolies.
Cost of participation
The extremely low wallet participation fee and the token airdrop after minting the inscription significantly lowers the barrier to entry and incentivizes users to participate.
Transaction types and operations
Operations such as minting, mapping, transferring, listing/delisting, and purchase are included, increasing the flexibility and liquidity of the ecosystem.
Technical architecture
The technical architecture of the Solanas project includes blockchain infrastructure, smart contracts, layered architecture, and security mechanisms, aiming to provide an efficient, secure, and easy-to-use platform.
Project Objectives and Vision
Solanas aims to build a stable, fair and sustainable digital asset ecosystem, through technology upgrades and ecosystem expansion, to introduce more types of artworks, improve the functionality of the trading platform and increase user interaction elements.
Community and collaboration
Community building
By providing educational resources, organizing events, and encouraging community collaboration, Solanas is committed to building and maintaining a strong community. The active participation of community members is critical to the success of the project, and they will be encouraged to participate in the project decision-making process, ensuring transparency and fairness in the project.
Partnerships
Solanas will seek to build partnerships with the arts, technology, and other blockchain projects to expand its reach, improve its technical capabilities, and bring in more art creators, technology developers, and potential users. These collaborations will contribute to the development of technology, marketing, and operations, fostering ecosystem diversity and innovation.
Risks and challenges
Technical Risks
As a blockchain project, Solanas faces risks such as cybersecurity threats, smart contract vulnerabilities, and more. The project will invest resources in conducting security audits and system testing to ensure the security and stability of the platform.
Market Risk
In the fast-growing blockchain and NFT market, Solanas needs to constantly innovate to attract and retain users. This requires projects to develop new art varieties, improve the user experience, expand community engagement, and expand market reach through partnerships.
Regulatory Risk
There is uncertainty about the regulatory environment for blockchain technology and NFT markets on a global scale. Solanas will continuously monitor changes in laws and regulations and ensure that its operations comply with all applicable legal and regulatory requirements.
Ongoing development risks
Keeping the ecosystem growing and active is a challenge. Solanas needs to deliver continuous innovation and value to support all ecosystem participants, including artists, collectors, investors, and technology developers.
conclusion
Through its innovative technology platform and economic model, the Solanas project aims to build a platform that supports digital art andAn ecosystem for the trading of cultural values. Despite the technical, market, and regulatory challenges, Solanas is poised to overcome these challenges and become a pioneer in the digital art space through continued innovation, partnerships, and community support. Looking to the future, Solanas plans to continuously expand its ecosystem, introduce more types of artworks, improve the functionality of the trading platform, increase user interaction elements, and build a stable, fair and sustainable digital asset ecosystem.
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stockmarketknowledge · 8 months ago
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Understanding the Functions of Stock Exchange
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Stock exchanges serve several important functions in financial markets, facilitating the buying and selling of securities and contributing to the efficient allocation of capital. Here are the key functions of a stock exchange:
Facilitating Trading: Stock exchanges provide a centralized marketplace where investors can buy and sell securities, such as stocks, bonds, and derivatives. By bringing buyers and sellers together, stock exchanges ensure liquidity and price discovery, allowing securities to be traded at fair market prices.
Price Discovery: Stock exchanges play a crucial role in price discovery, determining the market prices of securities based on supply and demand dynamics. Prices are continuously updated as trades are executed on the exchange, reflecting investors' perceptions of the value of the securities.
Listing and Delisting: Companies can list their securities on a stock exchange by meeting listing requirements set by the exchange and regulatory authorities. Once listed, these securities become publicly traded, providing companies with access to capital and investors with opportunities to invest in them. Stock exchanges also oversee the delisting of securities that no longer meet listing criteria or have been acquired or merged with other companies.
Market Regulation: Stock exchanges are regulated entities that enforce rules and regulations to ensure fair and orderly trading. Regulatory oversight helps maintain market integrity, protect investors' interests, and prevent fraudulent activities. Stock exchanges monitor trading activities, enforce compliance with listing standards, and investigate violations of market rules.
Market Surveillance: Stock exchanges conduct market surveillance to detect and prevent market manipulation, insider trading, and other unlawful activities. Surveillance systems monitor trading patterns, analyze market data, and identify suspicious trading activities that may indicate market abuse or violations of regulations.
Providing Market Information: Stock exchanges disseminate market information, including real-time prices, trading volumes, market indices, and corporate announcements, to investors, traders, and market participants. Access to timely and accurate market information enables informed decision-making and enhances market transparency.
Capital Formation: Stock exchanges facilitate capital formation by providing companies with access to public capital markets. Companies can raise funds by issuing securities, such as stocks and bonds, to investors through initial public offerings (IPOs) and secondary offerings. By channeling savings into productive investments, stock exchanges support economic growth and development.
Investor Protection: Stock exchanges play a role in investor protection by establishing rules and standards to safeguard investors' interests. These may include requirements for financial disclosure, corporate governance practices, and transparency in trading. Stock exchanges also provide mechanisms for dispute resolution and compensation in cases of investor losses due to fraud or misconduct.
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Overall, stock exchanges serve as critical infrastructure in financial markets, facilitating efficient trading, capital formation, and investor protection. Their functions contribute to the stability, transparency, and integrity of the financial system, supporting economic growth and prosperity.
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turbo4gproxy · 1 year ago
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Proxy Blacklists: Dealing with IP Reputation Issues
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Introduction
Proxy servers have become an essential tool for various online activities, offering anonymity, security, and access to restricted content. However, one common challenge associated with using proxies is the possibility of encountering IP reputation issues. Proxy blacklists, maintained by organizations and service providers, flag IP addresses associated with malicious activities or suspicious behavior, making them inaccessible or unreliable. In this article, we will explore the concept of proxy blacklists, the impact of IP reputation issues, and strategies to effectively deal with them.
Understanding Proxy Blacklists
What are Proxy Blacklists? Proxy blacklists are databases or lists that contain IP addresses deemed suspicious or involved in malicious activities. These lists are maintained by organizations, service providers, or community-driven projects to protect their networks and users from potential threats.
Purpose of Proxy Blacklists: The primary purpose of proxy blacklists is to identify and block IP addresses associated with spamming, hacking, DDoS attacks, or other malicious activities. They serve as a preventive measure to maintain network security and integrity.
The Impact of IP Reputation Issues
Restricted Access: IP addresses listed in proxy blacklists are often blocked by websites, online platforms, or security systems. This can result in restricted access to certain content, limited functionality, or even complete denial of service for users relying on those blacklisted proxies.
Decreased Reliability: Users relying on blacklisted proxies may experience frequent connection failures, timeouts, or disruptions due to the blocked IP addresses. This can negatively impact the reliability and performance of online activities.
Strategies for Dealing with IP Reputation Issues
Choosing Reputable Proxy Providers: Selecting a reputable and trusted proxy service provider is crucial for minimizing the risk of encountering IP reputation issues. Research providers, read reviews, and consider their track record in maintaining clean and reliable proxy networks.
Regularly Monitor Proxy IP Status: Stay informed about the status of the IP addresses associated with the proxies you are using. Some proxy service providers offer tools or services that allow users to check the reputation of their proxy IPs and identify any potential issues.
Opt for Fresh or Private Proxies: Fresh or private proxies, often referred to as dedicated proxies, have a lower likelihood of being flagged in proxy blacklists. These proxies offer exclusive use of IP addresses, reducing the risk of reputation issues caused by other users’ activities.
Rotate IP Addresses: Implement IP rotation practices to minimize the impact of blacklisted IP addresses. Regularly rotating IP addresses associated with your proxies helps distribute traffic and reduces the possibility of encountering blocked or flagged IPs.
Monitor Proxy Usage: Keep a close eye on the activities performed through your proxies. Minimize the risk of engaging in suspicious or malicious behavior by adhering to platform guidelines and avoiding actions that may trigger security measures or lead to IP blacklisting.
Proactively Resolve Issues: If you encounter issues with blacklisted IP addresses, promptly address them by contacting your proxy service provider. They may be able to assist in resolving the issue, such as replacing the blacklisted IP with a clean one or providing alternative IPs to use.
IP Warm-up: If you are using new or freshly acquired proxies, consider implementing an IP warm-up process. Gradually increase the usage and activity of the proxies over time to establish a positive reputation and minimize the chances of being blacklisted.
Request IP Delisting: In cases where an IP address is mistakenly blacklisted or has resolved any reputation issues, you can contact the entities maintaining the blacklists and request delisting. Provide relevant information and evidence to support your request and demonstrate that the IP address is no longer associated with malicious activities.
Employ Proxy Rotation Services: Proxy rotation services or tools can automate the process of rotating IP addresses, ensuring that you have access to clean and non-blacklisted proxies. These services often utilize large pools of IP addresses and handle the rotation process on your behalf.
Conclusion
Proxy blacklists pose challenges for users relying on proxies, as they can result in restricted access and decreased reliability. Understanding the concept of proxy blacklists and their impact on IP reputation is essential for effectively dealing with these issues. By choosing reputable proxy providers, regularly monitoring IP status, rotating IP addresses, and proactively addressing any issues, users can minimize the risk of encountering blacklisted IPs. Additionally, opting for fresh or private proxies and employing IP warm-up practices can help establish a positive reputation from the start. Dealing with IP reputation issues requires diligence, proactive management, and a focus on maintaining clean and reliable proxy networks to ensure optimal performance and access to online content.
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