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Minutes of the Meeting of the Court of Directors held on 23 April 2026
Present Committee members: David Roberts, ChairAndrew Bailey, GovernorSarah Breeden, Deputy Governor – Financial StabilityClare Lombardelli, Deputy Governor – Monetary PolicySir Dave Ramsden, Deputy Governor – Markets & BankingSam Woods, Deputy Governor – Prudential RegulationJonathan BewesSabine ChalmersLord Jitesh GadhiaDame Anne GloverDiana NobleTom Shropshire In attendance: Sarah John, Chief Operating Officer Secretary: Sebastian Walsh, Secretary of the…
FINRA Fines Colorado Financial Over High-Risk Closed-End Fund Supervision | LeapRate
Colorado Financial Service Corporation has been censured and fined $45,000 by the Financial Industry Regulatory Authority over failures to supervise recommendations of high-risk closed-end funds, according to a Letter of Acceptance, Waiver, and Consent. FINRA revealed that from March 2021 to at least February 2023, the firm failed to reasonably supervise and to maintain reasonably…
Mobile Wallets Can’t Tell a Privacy Guard From a Fraudster
Fraudsters and privacy-conscious consumers have one thing in common. Neither wants to be easily found. For years, that overlap didn’t matter much. Privacy-minded consumers wanted to limit their data exposure and control how merchants stored their credentials. Fraudsters wanted to hide stolen identities and card numbers. Different motives, different corners of the system. Digital wallets…
How Cursor Recruits Elite AI Talent When Huge Salaries Aren’t Enough
In the fight for elite AI talent, the salary is the easy part. At Cursor, the $60 billion company behind a suite of popular coding tools recently acquired by SpaceX, hiring a candidate is a bit like trying to win over someone who’s completely out of your league. “Closing is a team sport,” Matt Ward,…
University of California Buys 16 Westwood Village Properties for $50M – Commercial Observer
The University of California is extending its streak of commercial real estate investment after acquiring a 16-property portfolio immediately south of UCLA in Los Angeles. The Regents of the University of California, which governs the state’s university system, put down $49.8 million for the properties in Westwood Village, Atlas Brief reported. The portfolio includes 181,855…
