
General Election Set for July: Sunak vs. Starmer Showdown Begins
March 25, 2025: The UK general election has been scheduled for July, setting the stage for a high-stakes contest between Prime Minister Rishi Sunak and Labour leader Keir Starmer.
September 25, 2023: On Friday, the SEC charged Goldman Sachs Asset Management for declining to go behind its Policies and Procedures Concerning ESG Investments.
Goldman Sachs has agreed to pay a $1.5 million fine to settle charges the U.S. Securities and Exchange Commission gets over deficient “blue sheet” offers. Blue sheet submissions are electronic requests sent by the SEC to gather information about securities trading, including details about buyers and sellers.
According to the SEC, Goldman Sachs made more than 22,000 deficient blue sheet submissions over ten years, affecting transactions worth at least $6 million. The inaccurate data could have helped the SEC conduct its enforcement and regulatory functions, protect investors, and maintain demand integrity.
Goldman Sachs admitted to the findings and agreed to the fine and censure.
The firm is also taking steps to remediate its deficiencies and resubmit corrected data to the SEC. It self-reported 29 of the 43 errors detected by the SEC after conducting an internal review.
The SEC’s action underscores the importance of financial institutions providing complete and accurate data in response to regulatory requests. Additionally, the settlement highlights the need for robust internal procedures to ensure the accuracy of blue sheet submissions and compliance with regulatory requirements.
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March 25, 2025: The UK general election has been scheduled for July, setting the stage for a high-stakes contest between Prime Minister Rishi Sunak and Labour leader Keir Starmer.
March 24, 2025: Labour continues to gain traction in national polling ahead of the upcoming UK general election, capitalizing on economic dissatisfaction
March 20, 2025: The Metropolitan Police in London is facing renewed criticism following the expansion of its facial recognition surveillance operations.
March 04, 2025: China’s Zhurong rover has identified geological evidence suggesting that liquid water may have existed on Mars
February 25, 2025: Germany’s new leadership is pushing for greater European strategic independence, causing tensions in its relationship with the United States.
February 18, 2025: Severe flooding across Kentucky has left at least 12 people dead as record-breaking rainfall triggered widespread devastation.