The CMBS market faded in tandem with stocks on Tuesday. US equities opened the day sharply lower after a sell off of European stocks. After fighting back over the course of the day, US stocks ended with only modest losses. The S&P 500 was off 0.29%. CMBS spreads moved wider on another busy day. About $400 million was out for bid as spreads among legacy super seniors and new issue AAAs moved out a basis point or two. A big block of GSMS 2007-GG10 A4s...

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Spies and spycraft fuel the imagination with intrigue—whether it’s the world’s fascination with a fictional James Bond or with a real-world Edward Snowden. Today, Foreign Policy released the May/June issue, diving into the issues behind today’s “Golden Age of Surveillance” and exploring what espionage means to global security. In this 88-page Spy Issue, FP writers and contributors examine the spy game in the 21st Century as “nations expend vast treasure and take extreme risks to root out secrets.” FEATURES INCLUDE: • Trevor...

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Keeping its promise announced last year, the Securities and Exchange Commission on April 1, 2015, released a cease-and-desist order ("Order") declaring illegal a publicly traded company's use of a confidentiality agreement that prohibited employees during an internal investigation from discussing—whether inside or outside the company without legal approval—the substance of their interviews involving potentially illegal or unethical conduct by the company or its employees. The SEC also levied a $130,000.00 civil penalty against the company. The SEC Office of the...

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In the on-going saga that is Microsoft Corporation v. United States of America, the Irish Government (“Ireland”) has made the decision to enter the fray. Late last year, Ireland commenced its own chapter by filing papers to highlight issues of sovereignty and mechanisms for international disclosure. This case, as described in our previous post, centres on the request by US authorities for the disclosure of emails held on Dublin-based servers. The case has attracted many such contributions, particularly from...

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It’s a scene that’s all too familiar during certain weeks of the year: fashionable crowds grabbing their seats in venues that range from minimalist to the extremely opulent, models walking down runways in the newest designs. From March 25 through 28, designs that spanned from edgy to elegant were showed in Europe, but it wasn’t in one of Europe’s fashion capitals. The occasion was Portugal Fashion, the country’s own version of fashion week. A fashion scene is brewing there in both...

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New York State Department of Labor and other agencies pooled resources available through the CFA to support transformative plans to improve business climate and to stimulate job growth. Through the Workforce Development program commercial business and non-profits alike can receive funding to improve skills and enhance training programs. Existing Employee Training New Hire Training Unemployment Worker Training Soft Skills Development Eligible Organizations... Commercial Businesses Non-Profits Industrial Companies Manufacuturers Management Companies                               ... among others Interested in applying for these grants? Contact NYGC Today  Get the expert knowledge, tailored solutions and compliance-friendly advice...

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