Last week, IBAT filed a comment on the Texas Department of Banking’s proposal to limit the time for providing required information in corporate filings. As proposed, the rule would eliminate the automatic extension of time to submit additional information and the further extension for good cause, replacing these with an extension at the sole discretion of the commissioner.
Last week IBAT presented the Teaching Excellence in Financial Literacy Award to the second of three recipients for 2014. The presentation, honoring Dr. Rebecca Larson of Temple High School, took place at a meeting of the Temple ISD Board of Directors.
In 2013, the U.S. Supreme Court struck down the section of the Defense of Marriage Act that defined marriage as a legal union between one man and one woman. Recently, the CFPB issued a memorandum describing its policy with respect to the Supreme Court's decision.
Did you know? IBAT, in conjunction with Financial Education, Inc., hosts close to 150 webinars a year. Webinars are a very economical way to train your staff for one low price. Everyone can sit in on the program with the use of a speakerphone and a computer, or access archived webinars on-demand.
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Risk has a habit of coming at us from unforeseen sources at unexpected times in unpredictable ways. Thus the name. Financial markets were hit [Friday] with a double dose of capriciousness as events in both Europe and the Middle East sent jitters around the globe. Market observers watched as scared money did what it usually does; buy U.S. Treasuries. It was this edginess that drove the yield on the Benchmark Ten Year Treasury Note down to 2.44%, its lowest level since May 29. As recently as July 3, that issue was yielding 2.65%.