CHICAGO, Feb. 17, 2012 /PRNewswire/ -- On February 15, 2012, the Securities
and Exchange Commission (the "SEC") released its final rule regarding
Investment Adviser Performance Compensation (the "Rule") pursuant to Section
418 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the
"Dodd-Frank Act").[1] The Rule increases the assets-under-management
("AUM") and the net worth thresholds for the "qualified client"
definition.[2] According to Section 205(a)(1) of the Investment Advisers
Act (the "Act"), registered investment advisers ("RIAs") are prohibited from
charging performance fees; however, the SEC provided an exemption under Rule
205-3(a) of the Act, allowing RIAs to charge qualified clients a performance
fee, which is also known as the "Qualified Client Rule."
(Logo: http://photos.prnewswire.com/prnh/20100429/CG95838LOGO)
Prior to the Rule, a ... (more)
SAN FRANCISCO, CA -- (Marketwire) -- 02/17/12 -- The Independent Selection
Panel of the Bay Area CFO of the Year Awards announced today Sharon L.
McCollam, Director, Executive Vice President, Chief Operating and Chief
Financial Officer, of Williams-Sonoma, Inc. as the recipient of the Hall of
Fame - Lifetime Achievement Award for 2012. McCollam, along with the
finalists and winners in the six other CFO award categories, will be honored
at the Seventh Annual Bay Area CFO of the Year Awards on May 30, 2012 at the
Westin St. Francis Hotel in San Francisco.
The awards dinner is a se... (more)
GE (NYSE: GE) today announced that it will open the GE Capital Technology
Center in New Orleans, Louisiana. The center is expected to grow to 300
information technology professionals over the next three years, and focus on
developing innovative new software, processes and technologies to drive
excellence for its financial services business, GE Capital. This commitment
builds on the GE Works event held earlier this week in Washington, DC, where
the Company announced 400 new Aviation jobs in the U.S. and a number of
programs to promote economic growth in the U.S.
“New Orleans has ... (more)
TORONTO, ONTARIO -- (Marketwire) -- 02/17/12 -- Canadian Apartment Properties
Real Estate Investment Trust (TSX:CAR.UN) ("CAPREIT") announced today its
February 2012 monthly distribution in the amount of $0.09 per Unit. The
February distribution will be payable on March 15, 2012 to Unitholders of
record on February 29, 2012.
To encourage participation and reward our loyal Unitholders, investors
registered in our Distribution Reinvestment Plan will continue to receive an
additional amount equal to 5% of their distributions paid in the form of
additional Units.
As one of Canada's... (more)
CoreSite Realty Corporation, a U.S. provider of powerful, network-rich data
centers, on Monday announced that Eucalyptus Systems, creators of the most
widely deployed on-premise cloud computing platform, has launched a new
enterprise-class cloud test lab offering at CoreSite's Bay area data center
campus to address the growing demand for cloud computing technologies. The
Eucalyptus Cloud Test Lab provides enterprises with a secure, fully
functional hosted infrastructure as a service cloud to validate their cloud
application migration strategies prior to implementation. The offic... (more)
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