Reading this on a mobile device? Try our optimized mobile version here: http://r.smartbrief.com/resp/ebsvCfbwoceVcfzFqXml

December 6, 2012
Sign upForwardArchiveAdvertise
Daily newsletter from NYSSA for investment professionals

  Top Story 
  • SEC to lose 3 more top officials
    Three more top officials of the Securities and Exchange Commission have announced plans to leave the agency. Robert Cook, head of the trading and markets division, and Meredith Cross, director of the corporate finance division, said they plan to return to the private sector at the end of the year. The regulator's general counsel, Mark Cahn, will leave after an undefined "transitional period." AdvisorOne (12/5), The Washington Post (12/5) LinkedInFacebookTwitterEmail this Story
  Industry Update 
  • Some companies borrow to pay for sought-after dividends
    Shareholders are pushing companies to issue dividends, or even special dividends, before 2012 closes because of concern that Washington will increase taxes on dividends to avert the "fiscal cliff." And some companies -- Costco Wholesale and HCA Holdings -- are even taking on debt to make the payments. For some, it's worth it since interest rates are low and investors are desperate for more securities. MarketWatch (12/5) LinkedInFacebookTwitterEmail this Story
  New York Focus 
  Career Development 
  • How to mix business and pleasure at the holidays
    This holiday season, set yourself the goal of acting like a rock star at all the personal and professional gatherings you attend, advises Baron Christopher Hanson. That means turning up with a bottle of something special, smiling, speaking positively and earning yourself a reputation for working holiday-season miracles when things go wrong. "Rock stars acquire and install solutions quickly and quietly," Hanson writes. SmartBrief/SmartBlog on Leadership (12/4) LinkedInFacebookTwitterEmail this Story
  People & Personalities 
  On The Economy 
  • Geithner is "absolutely" prepared to go over "fiscal cliff"
      
    Source: CNBC
    If Republicans won't go along with higher tax rates for America's wealthiest 2%, the Obama administration is ready to let the "fiscal cliff" automatically take effect at year-end, Treasury Secretary Timothy Geithner said. "There's very broad support out there for not just extending these tax cuts for 98% of Americans, but for an agreement that has rates going up with tax reforms that limit deductions alongside a set of substantial long-term savings on the spending side," he said. CNBC (12/5) LinkedInFacebookTwitterEmail this Story

  Financial Products 
  • Eris Exchange to cut margins for rate-swap futures
    Eris Exchange says it will offer interest-rate-swap futures with lower margin requirements. Eris chief Neal Brady said "market participants are discovering compelling value in the familiar regulatory framework and capital-efficient model of futures," noting that the Dodd-Frank Act requires more margin and capital for swaps users than for futures. Bloomberg (12/5) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
To change one's life: Start immediately. Do it flamboyantly. No exceptions."
--William James,
American psychologist and philosopher


LinkedInFacebookTwitterEmail this Story

 
 
Subscriber Tools
     
Print friendly format | Web version | Search past news | Archive | Privacy policy

Advertise
Associate Publisher:  Abiy Bekele 212-450-7919
 
Read more at SmartBrief.com
A powerful website for SmartBrief readers including:
 
 
 Recent NYSSA SmartBrief Issues:   Lead Editor:  Bridget Lux
Sales Account Director:  Jasmine Rogers
   
Mailing Address:
SmartBrief, Inc.®, 555 11th ST NW, Suite 600, Washington, DC 20004
 
 
© 1999-2012 SmartBrief, Inc.® Legal Information