ESMA Publishes Updated AIFMD And UCITS Q&As
The European Securities and Markets Authority (ESMA) has published updated questions and answers documents (Q&A) on the application of the Alternative Investment Fund Managers Directive (AIFMD) and...
View ArticleNew York State Department of Financial Services Fines BNP Paribas $350...
Financial Services Superintendent Maria T. Vullo today announced that BNP Paribas S.A. (BNPP) and its New York branch will pay a $350 million fine as part of a consent order entered into with the New...
View ArticleCordium Announces Expansion Of US Broker-Dealer Services
Cordium, a market-leading provider of governance, risk and compliance services, today announced an expansion of its compliance services for US and foreign broker-dealers and investment advisers with...
View ArticleCFTC Swaps Report Update
The CFTC Swaps Report provides a detailed weekly snapshot of the gross notional outstanding as of the penultimate Friday prior to the CFTC Swaps Report’s Wednesday publication date, as well as a...
View ArticleNasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As...
At the end of the settlement date of May 15, 2017, short interest in 2,326 Nasdaq Global MarketSM securities totaled 7,420,291,077 shares compared with 7,409,700,882 shares in 2,322 Global Market...
View ArticleThe Effect of Malpractice Law on Physician Supply: Evidence from...
We explore whether the composition of the physician work force is impacted by the clinical standards imposed on physicians under medical liability rules. We theorize that physicians of particular...
View ArticleDoes Choice Increase Information? Evidence from Online School Search Behavior...
We examine whether changes in the local school choice environment affect the amount of information parents collect about local school quality, using data on over 100 million searches from...
View ArticleHealth Plan Payment in U.S. Marketplaces: Regulated Competition with a Weak...
The Affordable Care Act Marketplaces were introduced in 2014 as part of a reform of the U.S. individual health insurance market. While the individual market represents a small slice of the U.S....
View ArticleRethinking the Benefits of Youth Employment Programs: The Heterogeneous...
This paper reports the results of two randomized field experiments, each offering different populations of youth a supported summer job in Chicago. In both experiments, the program dramatically reduces...
View ArticleEarning your CAP: A Comprehensive Analysis of The University of Texas...
The competitive application process is the traditional path to gain access to selective public universities. There is little research on alternative pathways to gain access to selective public...
View ArticleChina's Lost Generation: Changes in Beliefs and their Intergenerational...
Beliefs about whether effort pays off govern some of the most fundamental choices individuals make. This paper uses China's Cultural Revolution to understand how these beliefs can be affected, how they...
View ArticleHow Do Peers Impact Learning? An Experimental Investigation of Peer-to-Peer...
Classroom peers are believed to influence learning by teaching each other, and the efficacy of this teaching likely depends on classroom composition in terms of peers' ability. Unfortunately, little is...
View ArticleThe Effect of Prior Choices on Expectations and Subsequent Portfolio...
We document that prior portfolio choices influence investors' expectations about asset values, and their future choices. We find that people update more from information consistent with their prior...
View ArticleInnovative Originality, Profitability, and Stock Returns -- by David...
We propose that innovative originality (InnOrig) is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, firms with greater InnOrig are...
View ArticleHKEX: Margin Rates For SOHO China Ltd. After Capital Adjustment
As previously advised in the circular (Ref.: MO/DT/045/17) dated 24 March 2017, capital adjustments as a result of the Special Dividend will be made to the positions of SOHO China Ltd. (“SOH”) Futures...
View ArticleDeutsche Börse Cash Market: Six New BNP Paribas ETCs On Industrial...
Six new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Monday. The new ETCs enable investors to participate in...
View ArticleAl Mawared Amman Stock Exchange Weekly Report, 29 May 2017
The ASE slides back into red; Banks weighread more...
View ArticleEGX Chairman Requests From CETA To Communicate With The Regulatory...
During his participation in honoring the graduates of ESTA, EGX Chairman demands a way of Communication between ESTA and the regulatory authorities to establish regulations for career practicing.EGX...
View ArticleEGX Chairman Meets The Ambassador Of Cyprus In Cairo
The Egyptian Exchange (EGX) Chairman, Dr. Mohamed Omran met the Ambassador of the Republic of Cyprus in Cairo, Mr. Kharis Moritzis. During the meeting, the Ambassador thanked EGX for its supportive and...
View ArticleMarket Crashes as Critical Phenomena? Explanation, Idealization, and...
We study the Johansen-Ledoit-Sornette (JLS) model of financial market crashes (Johansen, Ledoit, and Sornette [2000] "Crashes as Critical Points." Int. J. Theor. Appl. Finan. 3(2) 219-255). On our...
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