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United States

Small Business Forum Report to Congress Highlights Recommendations to Improve Capital Raising

The Securities and Exchange Commission released a report to Congress summarizing policy recommendations made during the SEC’s 44th Annual Small Business Forum. The report provides a summary of the forum proceedings, recommendations developed by participants for changes to the capital raising framework, and the Commission’s responses to those recommendations. The forum took place on April 10, 2025, and featured speakers with a breadth of perspectives on ways to approach capital raising from a variety of backgrounds, geographies, and life cycle stages. The sessions focused on the following topics: Early-stage capital raising Growth-stage companies and smaller funds Small cap companies and the public markets The SEC’s Office of the Advocate for Small Business Capital Formation is charged by Congress with hosting the SEC’s annual Small Business Forum, where members of the public and private sectors gather to provide feedback to improve capital-raising policy. The office thanks the speakers, participants, advisory planning group members, and SEC staff members who made this year’s forum a success. Video archives and a transcript of the discussions are available online. …


Source: MyPR International

President Trump’s Immigration Shake-Up Creates New Investor Openings

The announcement of a series of new immigration measures by the US Government under President Donald J. Trump creates important considerations and potential opportunities for international investors, according to leading international residence and citizenship advisory specialists Henley & Partners. The firm says the initiatives look set to reshape the US immigration landscape by limiting traditional employer-sponsored options while introducing new donation-based pathways. However, it should be noted in this context that the US EB-5 Immigrant Investor Program currently remains the most established and legislatively anchored route to permanent residence in the US. In summary, on 19 September 2025, the Trump Administration introduced three measures: H-1B Proclamation — A presidential order imposing a USD 100,000 fee on each new H-1B petition, significantly increasing the cost of employer sponsorship and changing access to this long-standing route. Gold Card Executive Order — A new pathway requiring a USD 1 million donation by individuals, or USD 2 million by corporate sponsors, with expedited approvals for applicants who pass rigorous pre-clearance checks. Platinum Card Proposal — A proposed option involving a USD 5 million contribution that would allow recipients to spend up to 270 days in the US without being subject to US taxation on foreign income. No regulations have yet been issued in this regard. The announcement of these measures is already attracting attention and engagement across the global investor community. The increase in H-1B costs may encourage more professionals to explore self-directed pathways, while the Gold Card is expected to generate interest for its speed and simplified structure. The Platinum Card, though at an early stage, has also drawn the attention of ultra-high-net-worth individuals concerned with wealth and tax planning. As Henley & Partners continues to monitor these developments, we remain committed to …


Source: MyPR International

Kia Announces Pricing for 2026 Sorento

Confidence-inspiring capability with elevated design to enhance your style Terrain Mode now standard on all AWD1 trims 2026 Kia Sorento ICE MSRP starts at $32,1902 IRVINE, Calif., Sept. 22, 2025 – Kia America has announced pricing on the 2026 Sorento ICE powertrain. Featuring a host of exterior enhancements, including glossy black lower front and rear trim, front air intake and radiator grille surround on all X-Line and X-Pro models. Matching its good looks, the 2026 Sorento now comes standard with new Terrain Mode on AWD[3]-equipped models. On the inside, while largely a carryover, the Sorento boasts a new leather-trimmed steering wheel that more closely identifies it with other models in the Kia lineup. Pricing (excludes $1,445 destination)1 Sorento LX $32,190 Sorento S FWD $35,090 Sorento EX FWD $38,290 Sorento SX $42,090 Sorento S AWD $37,090 Sorento EX AWD $39,790 Sorento X-Line EX $42,590 Sorento X-Line SX $43,890 Sorento X-Line SX-P $46,590 Sorento X-Pro SX-P $47,590 Trim Updates: X-Line & X-Pro (all versions): Enhanced front and rear bumper and grille trim in glossy black LX Standard Hands on Detection2 and leather-trimmed steering wheel S Navigation and Wi-Fi have been deleted EX New Premium Package with panoramic roof, BOSE4 premium audio and captain’s chairs has been added X-Line EX Adds standard BOSE premium audio SX Adds standard BOSE premium audio, heated steering wheel, rear integrated sun blinds and Electrochromic rearview mirror with Homelink5 Click below for more information about the 2026 Sorento: Vehicle specifications, including fuel economy Features and options Kia America – about us Headquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World's Most Sustainable Companies of 2024. Kia serves …


Source: MyPR International

John Jovanovic Confirmed as Chairman of Export-Import Bank of the United States

Export-Import Bank of the United States Press Release Washington, D.C. September 19, 2025 The Export-Import Bank of the United States (EXIM) today announced that John Jovanovic has been confirmed by the United States Senate as President and Chairman of the Board of Directors. Jovanovic brings extensive experience in finance, investments, and public service to EXIM. “I am deeply grateful to President Trump for the opportunity to serve our country in this role,” said Chairman Jovanovic. “The Export-Import Bank will be an important tool in carrying out the President’s agenda of creating and supporting the jobs of the future across our great country to revitalize America’s economy. President Trump’s passionate commitment to working class Americans and his unwavering devotion to America’s reindustrialization will guide EXIM’s core focus. This bold new era at EXIM will move faster, deliver smarter, and ensure U.S. workers never fight with one hand tied behind their back — and we will do it together with the Administration, Congress, and our partners in the private sector.” EXIM’s mission remains clear: to facilitate American exports, protect American workers, and strengthen U.S. economic leadership. …


Source: MyPR International

Department of State Releases 2025 Fiscal Transparency Report

Media Note Office of the Spokesperson September 19, 2025 On September 19, 2025, the United States Department of State released the Congressionally-mandated 2025 Fiscal Transparency Report. Fiscal transparency is a critical element of effective public financial management, helps build market confidence, underpins global economic stability, and levels the playing field for U.S. firms. It fosters greater government accountability by providing a window into government budgets and spending. Annual reviews of the fiscal transparency also help ensure appropriate use of U.S. taxpayer funds. In this year’s report, Department officials found that 71 of 140 governments and entities assessed met the minimum fiscal transparency requirements. Sixty-nine did not meet the minimum fiscal transparency requirements. Of these, however, 26 made significant progress toward meeting the minimum fiscal transparency requirements. Consistent with the requirement in the FY 2024 Department of State, Foreign Operations, and Related Programs Appropriations Act, as continued by the FY25 Continuing Resolution, the 2025 report describes the minimum fiscal transparency requirements, reviews governments, most of which were identified as recipients of U.S. assistance in the 2014 Fiscal Transparency Report, and further assesses those that did not meet the minimum fiscal transparency requirements during the review period of January 1 to December 31, 2024. The report also indicates whether governments that did not meet those requirements made significant progress to publicly disclose national budget documentation, contracts, and licenses during the review period. The Department of State evaluated the public availability, substantial completeness, and reliability of budget documents, as well as the transparency of processes for awarding government contracts and licenses and public procurement contracts. The report can be found on the Department’s website at …


Source: MyPR International

Remarks at a UNGA 80 High-Level Side Event Hosted by Hostage Aid Worldwide

United States Mission to the United Nations Morgan Ortagus Deputy Special Presidential Envoy to the Middle East Counselor to the U.S. Mission to the United Nations New York, New York September 19, 2025 AS DELIVERED Hello. Shana Tova to everyone celebrating, Shabbat Shalom. I bring you greetings from President Trump and Secretary Marco Rubio. Thank you to Hostage Aid Worldwide for hosting today’s important event and for your continued advocacy and pushing this issue to the forefront. And thank you to the Under-Secretary-General for those beautiful remarks. I want to convey my sincere appreciation for the returnee statements that will be shared today. It’s brave of you to be here. Your words serve as a clear reminder of the personal toll involved. In every instance an individual is seized by an armed terrorist group, imprisoned on fabricated charges, or exploited as a bargaining chip between states – a life is ruptured, families are broken, and the moral fabric of the international order is frayed. Tragically, examples are all too common – whether the countless detentions by the Assad regime in Syria or hostages who have suffered in Hamas’ captivity in Gaza for now 714 days. We call once again for their immediate release. The physical and psychological torment of those unjustly detained is matched only by the constant, raw grief of those waiting at home. This issue has long been with us. In the Founding period, pirates from the Barbary coast demanded ransom to stop raiding American ships. Thomas Jefferson, convinced that it was unacceptable for the United States to be held hostage by foreign entities, fought and won the Barbary Wars to protect American shipping and sailors. Like President Jefferson, President Trump is taking decisive action to protect Americans abroad. On March 9, President Trump issued a proclamation commemorating the U.S. Hostage and Wrongful Detainee Day. He committed to those in captivity, to their families, and to their …


Source: MyPR International

Secretary Rubio’s Travel to the United Nations for the 80th UN General Assembly High-Level Week

ress Statement Thomas "Tommy" Pigott, Principal Deputy Spokesperson September 19, 2025: Secretary of State Marco Rubio will travel to the United Nations in New York City from September 22-24 to promote U.S. priorities during the 80th session of the UN General Assembly High-Level Week. The Secretary will join President Trump at the United Nations and advance American values, including peace, sovereignty, and liberty. Secretary Rubio will meet with key counterparts to discuss shared security interests, bringing peace to conflicts, and mutual cooperation. Moreover, the Secretary will use High-Level Week as an opportunity to discuss the need for the UN to get back to basics, reorienting the organization to its origins as an effective tool for advancing peace, not a bloated bureaucracy that compromises national sovereignty and pushes destructive ideologies like DEI. …


Source: MyPR International

Statement on Jury’s Verdict in Trial of Steven M. Gallagher

Margaret Ryan, Director, Division of Enforcement Sept. 19, 2025: Today, after a nine-day trial and fewer than four hours of deliberation, a jury in the United States District Court for the Southern District of New York found defendant Steven M. Gallagher liable for securities fraud and manipulative trading. As demonstrated at trial, between December 2019 and October 2021, Gallagher used his Twitter account to encourage his numerous followers, including many retail investors, to buy stocks in which Gallagher had already amassed holdings. Gallagher then sold those stocks while he continued to recommend others buy them, never disclosing that he was selling the stocks. Gallagher repeated this pattern with over 30 microcap stocks, making illicit trading profits of over $2.6 million. For two of these stocks, Gallagher was also found to have engaged in manipulative trading by “marking the close” – a strategy involving placing end-of-day orders to buy stock at above-market prices to artificially increase the stock’s price. Statement of SEC Division of Enforcement Director Margaret A. Ryan: “We are pleased with the jury verdict holding Steven Gallagher liable for fraud and for manipulative trading of microcap stocks, including by using social media. As the hard work of the SEC trial team demonstrates, the SEC is committed to continuing to protect retail investors and holding accountable the perpetrators of manipulative trading schemes.” …


Source: MyPR International

The Autobahn and Private Markets Remarks at Better Markets Academic Advisory Board Annual Conference

Commissioner Caroline A. Crenshaw Washington D.C. Sept. 19, 2025: Good morning. Thank you [Gina-Gail] for the kind introduction and thank you to Better Markets for the invitation to speak with all of you today. Before I begin, let me make my standard disclaimer – the views I express today are my own and do not necessarily represent the views of the SEC or my fellow Commissioners. While there’s been a lot of breathless coverage of crypto lately, today, I’d like to turn our attention to a different topic: private market access. American capital markets appeal to investors the world over because of their depth, liquidity, and the stability created by well-crafted, conscientious, and reliable regulation. Underlying this complex ecosystem is the separation between public and private markets – and the regulations that draw those boundaries. That separation is deliberate, time-honored, and intended to reflect real, important differences between public and private investment opportunities and the nature of underlying issuers. While the United States can proudly claim the gold standard of financial markets across the globe, Germany’s Autobahn system is equally renowned as a feat of infrastructure. Of course, the Autobahn is famous for its general lack of a speed limit. But, much like the separation between the public and private financial markets in the U.S., the Autobahn is a distinct network, separate and apart from other roads. Like private markets in the U.S., the Autobahn is available to those with a higher risk appetite – but it’s not open to just anyone with any vehicle and it is carefully regulated and monitored. To drive on the Autobahn, cars must be able to meet a minimum speed requirement, obviously mopeds and bicycles aren’t allowed, and specific safety rules are diligently enforced by a specialized highway patrol. There are also segments of the Autobahn that do have speed limits, and certain vehicles, like trucks, have lower speed limits.[1] It’s also …


Source: MyPR International

Roundtable on Trade-Through Prohibitions

Jamie Selway, Director, Division of Trading and Markets Sept. 18, 2025: Welcome to everyone here at our Roundtable on Trade-Through Prohibitions, including those watching online. The Division of Trading and Markets is pleased to host you today. We thank Chairman Atkins for his leadership on these issues and look forward to his remarks later today. We also thank the Commissioners for their remarks and valuable input on this event. I thank my capable Division teammates, who worked diligently on today’s program, and in particular Ted Venuti, Arisa Kettig, David Liu, and Kevin Brennan. Most importantly, we thank our moderators and panelists, who will contribute a variety of expertise and experiences today to benefit the Commission and the investing public we serve. We are confident that your contributions will meaningfully inform the Commission’s next steps with respect to trade-through prohibitions. Before I begin, I must remind you all that my remarks today are provided in my official capacity as the Commission’s Director of the Division of Trading and Markets, but they do not necessarily reflect the views of the Commission, the Commissioners, or members of the staff. Our Division was the Commission’s first, and it was initially known as the “Division of Trading and Exchange.” Our first Director, David Saperstein, was appointed by Joseph Kennedy on August 1, 1934. Speaking to the National Securities Traders Association on August 4, 1936 in Los Angeles, Director Saperstein asked the following regarding the two-year-old Securities Exchange Act of 1934: “In what direction has it moved? What progress has it made toward the goal of protecting the investor? These questions ought to be answered frequently, honestly, without heat and without dogma. The answers are of paramount importance – to you in the securities business, to us in the business of government and to that great, amorphous, myriad-minded entity that we designate ‘the public.’”[1] Seventy years later, …


Source: MyPR International
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