Business Guidance Wilmington Pike Glen Mills The U.S. https://www.youtube.com/watch?v=qmjwPI0WFgY Trading Commission (CFTC) announced today that it has issued an Order extending, by one year, the designation of the utility operated by DTCC-SWIFT as the provider of legal entity identifiers, or LEIs, as required by CFTC's swap data recordkeeping and reporting rules. Source link Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant... Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant
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The U.S. Commodity Futures Trading Commission (CFTC) announced that it has rescheduled the Technology Advisory Committee (TAC) public meeting to Tuesday, February 23, 2016, from 9:45 a.m. to 3:45 p.m., at CFTC's Washington, DC headquarters. Source link Tags: ... Tags: The U.S. Commodity Futures Trading Commission (CFTC) today issued an order granting Eurex Clearing AG (Eurex Clearing) registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA).
Source link ... Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant The U.S. Commodity Futures Trading Commission (CFTC) today issued an order granting Eurex Clearing AG (Eurex Clearing) registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA).
Source link ... Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant The U.S. Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) today announced it has issued a no-action letter extending conditional time-limited relief for Australian-based trading platform Yieldbroker Pty Limited (Yieldbroker).
Source link ... What you don't know about credit inquires can destroy your credit score and effect what you can qualify for. Whether you are shopping for a cell phone, car, home loan, insurance, or just curious about wanting to see what you could qualify for, a credit inquiry can cost you points on your credit score. Even a reduction in credit points may seem trivial. A change in credit points over a 30 year period can cost 1000's if not 10,000's of dollars in higher interest payments. Furthermore to some it can mean the difference of being able to qualify for a home, car, or other financing that is necessary in today's world. Usually a credit inquiry will result in a less than a five point reduction in your credit score. However with multiple inquiries comes the likelihood that the score will plummet and the interest rates for purchases will go up. This will result in the consumer with a lower credit score to make higher payments for home, car, of other credit purchases. There are several different credit inquiries. An inquiry for a specific purchase will have a freezing point for a 2 week period. In other words if you were shopping for a car you could have your credit pulled, (also called an credit report inquiry) at several car lots during a two week period and it would only count as one inquiry. This type of inquiry usually results in less than five point drop in the credit score. This is because the credit bureau considers all the credit inquiries done in the two week period for the same credit purchase to only affect the credit score once. The second type of credit inquiry is when a person is attempting to obtain different types of credit that is not related, such as car financing inquiry and purchase of a cell phone. These two items are not related. When an inquiry is placed on the credit report it will cause the score to go down. This results in the score going down twice because of the different types of credit inquiries. Applying for credit to see what you can get and trying for different types of credit can lower your score significantly enough not to qualify for credit purchases at all. Another common credit inquiry is when a marketing company purchases a list from the credit bureau. Then the company uses that targeted list to send out unsolicited pre-approved credit offers. These offers usually come by mail and this type of inquiry does not affect your score. The credit bureau's theory is it would be unfair to penalize a person who hadn't inquired about a credit purchase and had no control of receiving the unsolicited offer. Even though these offers do not affect your credit score they can be an annoyance. This type of offer can be used by potential thieves as a source for identity theft or credit fraud. For that reason any unsolicited credit cards should not been thrown in the trash prior to shredding them completely. Reviewing your own credit from credit bureau sources will not affect your credit score. Your credit request (for simply review) does not hurt your score. It is your right to know what is in your complete credit file. The information on these credit reports are identical to what a lender, underwriter or creditor will see. However the credit scores on these credit reports can vary because of the way credit bureaus interpret your score. When considering a purchase of a home or car it is always best to check with a professional in that field of financing. That expert can help you determine the score that is relevant to your purchase and which credit bureaus will be used. Your credit score can be destroyed by simple credit inquiries. The way to avoid loosing credit points is to have your loan approved for a car, home, or other credit purchase prior to going on a shopping spree. The difference in a credit score going down even 5 points could result in getting a less desirable interest rate, the credit lender requiring more down payment, or even denial of your desired loan. Credit Inquiries are supposed to remain on your credit report for up to two years. The fact is you may have to ask the credit bureaus/creditors to have them removed after their expiration. The below numbers are directly to the credit bureaus and will allow you to order your credit reports directly. Reviewing credit through these sources are the best as they won't lower your credit score even when viewed often. Trans Union 1-866-887-2673 Equifax 1-800-685-1111 Experian 1-888-397-3742 Another good reason to review your credit report inquiries is to protect your credit from identity theft or credit fraud. By reviewing your credit you can see recent inquiries for credit purchases. Should you notice names of unfamiliar creditors, it could be an early sign of identity theft or credit fraud. Simply call the all three credit bureaus and have them place a fraud alert on your credit report. This will stop most credit theft. Today credit fraud and identity theft are more prevalent than ever before. Tags: Planning Commentator Middletown The European Commissioner for Financial Stability, Financial Services and Capital Markets Union, Jonathan Hill, and U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad today announced a common approach regarding requirements for central clearing counterparties (CCPs). Source link Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant... Tags: retirement,business,financial,services,insurance,glen mills,middletown de,wilmington pike,financial consultant Conquer your fear of retirement! The U.S. Commodity Futures Trading Commission (CFTC) today adopted a rule implementing a cross-border approach to the CFTC's margin requirements for uncleared swaps (Final Rule). Published in January 2016, the CFTC's margin rule applies to CFTC-registered swap dealers and major swap participants for which there is no Prudential Regulator (collectively, covered swap entities or CSEs). The Final Rule is closely aligned with the cross-border margin requirements already adopted by the Prudential Regulators. The Final Rule was adopted 2-1 via a seriatim vote with Commissioner J. Christopher Giancarlo dissenting. Source link ... Ryan the IRA Guy - Portfolio Review On July 13, 2016, the Securities and Exchange Commission (SEC) granted a proposed rule that will upgrade and simplify the agency's disclosure requirements. The SEC's objective would be to expel redundant, overlapping, outdated, or superseded arrangements in light of changes to SEC disclosure requirements, US Usually Accepted bookkeeping axioms (GAAP), Global Financial Reporting guidelines (IFRS), and technology. Additionally, the SEC is looking for discuss specific disclosure requirements that overlap with US GAAP to ascertain whether to keep, modify, expel, or send the requirem Resource link ... |
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