11142
SEC to Target Deals
World Economy

SEC to Target Deals

The US Securities and Exchange Commission (SEC) is expanding a crackdown on a little-known program to dole out visas to wealthy foreigners in exchange for investments that generate jobs, Bloomberg reported. The SEC is preparing sanctions against as many as two dozen immigration lawyers, people familiar with the matter said, for collecting deal fees from foreign investors trying to access the EB-5 visa program, which grants U.S. residency for $500,000 investments that create 10 jobs. The lawyers were prohibited from earning transaction fees because they weren’t registered as brokers, according to the people, who asked not to be named because the investigations aren’t public.

Short URL : http://goo.gl/sQuZqW

You can also read ...

World Stocks Stumble as US Yields Near 3% Barrier
World stocks slipped on Monday as investors braced for a...
Asean: Reconciling Consensus With New Realities
Asean’s rapid expansion in the 1990s further deepened...
Retail sales in Vietnam rose nearly 11% last year to $129 billion.
Vietnam is set to remain the fastest-growing major country in...
Angola Growth Revised Upwards
Angola’s economy is expected to grow by 2.2% this year and 2.4...
DXB Entertainments, the operator of Legoland Dubai, last month announced the restructuring of $1.1 billion worth of debt.
There has been an uptick in recent months in heavily-borrowed...
Germany’s industrial production, exports and retail sales declined in the first quarter, signaling that growth had slowed down.
The outlook for business activity in Germany’s private sector...
Slightly weaker data on industrial production, retail sales and construction suggest the eurozone is going through a period of slightly lower economic growth  in the first months of 2018.
When will the European Central Bank join the US Federal...
Truth and Transparency Key to Rebuilding Trust
The International Monetary Fund welcomed calls from the US...

Trending

Googleplus