adopts

SEC adopts amendments to enhance private fund reporting, including those also registered with the CFTC. The amendments enhance how large hedge fund advisers report investment exposures, borrowing, and counterparty exposure, among other aspects.

Source: https://www.sec.gov/files/rules/final/2024/ia-6546.pdf TLDRS SEC adopts amendments to enhance private fund reporting including those also registered with the CFTC. The amendments to Form PF will enhance reporting by large hedge fund advisers on various aspects such as investment exposures, borrowing, counterparty exposure, risk metrics, and investment performance to improve insight into fund operations and strategies, and enhance …

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Walmart adopts “Buy Now, Pay Later”; BNPL hit an all-time high on Cyber Monday up +42.5% YoY; Record year projected, amid high credit card debt and declining savings.

Consumers are opting for BNPL services despite potential financial risks. This is how you delay a banking collapse by continually extending credit. Yes, and these BNPL offerings are also happening as the personal savings rate has been in a downtrend since May.https://t.co/iytYsrl5X1 — David Sommers (@dgsommersmkts) December 20, 2023

The EU Officially Adopts Great Replacement Plan

by Chris Black This is not exactly “breaking news”, but it definitely flew under the radar. BREAKING: The European Parliament just voted in support of the EU’s new Migration Pact. It will take away national sovereignty from member states & allow the European Commission to allocate any size of “mandatory migrant relocation quotas” for all …

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‘Boil in The Bag’: UK Adopts New Form of Environmental Friendly Cremation

Co-op Funeralcare will offer the service known as resomation, and also described as water cremation or alkaline hydrolysis, later this year. The practice consists of the deceased being enclosed in a biodegradable pouch and placed in a container filled with pressurised water and potassium hydroxide, boiled at 160 degrees. This converts tissue and cells in …

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