Search Results for keywords:"market changes"

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Search Results: keywords:"market changes"

  • Type:Notice
    Citation:90 FR 5831
    Reading Time:about 8 minutes

    The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the consumer credit card market as part of their regular review mandated by the Credit Card Accountability Responsibility and Disclosure Act of 2009. The CFPB is particularly interested in insights on topics like credit card agreements, the effectiveness of disclosures, changes in the market, and innovations in credit card products. The public has until April 17, 2025, to submit their feedback, which will contribute to the CFPB’s ongoing analysis and reports on the state of the consumer credit card market.

    Simple Explanation

    The Consumer Financial Protection Bureau wants people to share their thoughts about how credit cards work because they want to make sure things are going well. Everyone can say what they think until April 17, 2025, which will help them understand more about credit cards and make their reports better.

  • Type:Notice
    Citation:86 FR 11341
    Reading Time:about 10 minutes

    The Securities and Exchange Commission (SEC) received an application from Columbia Funds Series Trust and Columbia Management Investment Advisers, LLC for an exemption from specific requirements under the Investment Company Act of 1940. The exemption would allow the Trusts' board of trustees to approve changes to sub-advisory agreements without holding in-person meetings, which can be costly and impractical. Instead, these meetings could be conducted using technology that allows board members to communicate simultaneously. The goal is to enable the Trusts to respond more efficiently to changes in the market or to adjust investment strategies without unnecessary delays.

    Simple Explanation

    The government is letting a company hold important meetings online instead of in person so they can make quick decisions without spending too much time or money.