Nearly 1 in 3 adults get financial support from the bank of mom and dad post-Covid – CNBC

Amid widespread job losses and sudden financial turmoil in 2020, many adults found a likely safety net: their parents. A year and a half later, nearly a third of millennials, between the ages of 25 and 40, still receive financial support from their parents, according to a new survey by personal finance site MagnifyMoney. From […]
Proposed Amendments to Derivatives Clearing Rules – Lexology
We wanted to note for those that follow changes to the derivatives reporting rules that the CSA (other than the OSC) has released a notice and request for comment related to proposed amendments to NI 94-102 Derivatives: Customer Clearing and Protection of Customer Collateral and Positions. Currently, clearing intermediaries have to provide specified information to […]