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UK Financial Conduct Authority portfolio letter on supervisory strategy for wholesale brokers

JD Supra: Mergers

Financial Conduct Authority has published a Dear CEO Letter on its new strategy for supervising wholesale brokers. The FCA has observed a change in the sector in recent years with larger firms acquiring smaller ones and some weaker firms exiting the market altogether, although it observes the sector is overall healthy and competitive.

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Sector trends - September 2024: Brokers / Corporate Finance

JD Supra: Mergers

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Brokers / Corporate Finance - Mid-market investment banks consolidate at the fastest rate yet—Panmure Gordon & Liberum, Redburn (Europe) & Atlantic Equities and Cenkos Securities & FinnCap Group mergers reshape the City skyline.

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Get it in Writing or Else! Business Broker or "Finder's" Agreements

JD Supra: Mergers

The economy relies on brokers to connect parties with mutual business interests and needs, whether it is the sale of real estate, procurement of insurance, or joint investment. By: MG+M The Law Firm

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UPC: Retaining Limited Broker Discretionary Authority

Deal Lawyers

It says: Each contest brings outcome-determinative procedural issues to light, such as MindMed retaining broker discretionary authority for shareholders who did not receive activist proxy materials, emphasizing the importance of engaging […]

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New Federal Exemption Changes the Registration Landscape for M&A Brokers

JD Supra: Mergers

The narrower M&A broker exemption supersedes the 2014 M&A broker no-action letter while leaving state-level restrictions and foreign M&A broker relief unaffected.

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Eurazeo-backed BMS picks up two Canadian insurance brokers

PE Hub

Smith & Reid Insurance Brokers and O’Neil Insurance Brokers are both headquartered in Ottawa. The post Eurazeo-backed BMS picks up two Canadian insurance brokers appeared first on PE Hub.

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MDX Technology launches customisable broker screen for institutional investors with increased integration into messaging apps

The TRADE

Data, price sharing and workflow solutions provider MDX Technology (MDXT) has launched a new customisable broker screen solution. The new broker screen builds on MDXT’s existing Connect platform, which offers tailored features that can help brokers better navigate competitive markets.

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