{"id":40151,"date":"2020-01-20T22:18:42","date_gmt":"2020-01-21T03:18:42","guid":{"rendered":"http:\/\/prefblog.com\/?p=40151"},"modified":"2020-01-20T22:18:42","modified_gmt":"2020-01-21T03:18:42","slug":"january-20-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40151","title":{"rendered":"January 20, 2020"},"content":{"rendered":"<p>Well, well, well! <a href=\"https:\/\/www.sec.gov\/litigation\/complaints\/2020\/comp-pr2020-12.pdf\">Look who&#8217;s back in the news<\/a>!<\/p>\n<blockquote><p>Plaintiff U.S. Securities and Exchange Commission (the \u201cCommission\u201d), Brookfield Place, 200 Vesey Street, Suite 400, New York, New York 10281, alleges as follows for its Complaint against Defendants Boaz Manor (a\/k\/a Shaun MacDonald) (\u201cManor\u201d) &#8230; Between approximately August 2017 and September 2018, Defendants conducted a fraudulent and unregistered offering of digital asset securities, known during most of the relevant time as BCT Tokens (the \u201cTokens\u201d). Defendants raised at least $30 million from hundreds of investors in the United States and abroad through an initial coin offering (\u201cICO\u201d) of the Tokens, in a purported effort to develop a suite of technology solutions for hedge funds and other traders investing in digital assets. Defendants raised the funds by engaging in a fraudulent scheme and lying to investors about such material matters as Manor\u2019s identity, criminal background, and role in the business;&#8230;In 2010, Manor pleaded guilty in Ontario, Canada to the crimes of laundering the proceeds of a crime and disobeying an order of a court. Both charges related to the 2005 collapse of the hedge fund firm Portus Group (\u201cPortus\u201d). <\/p><\/blockquote>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1229 %<\/td>\n<td>2,157.7<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1229 %<\/td>\n<td>3,959.3<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.65 %<\/td>\n<td>5.80 %<\/td>\n<td>47,638<\/td>\n<td>14.20<\/td>\n<td>4<\/td>\n<td>0.1229 %<\/td>\n<td>2,281.8<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0261 %<\/td>\n<td>3,441.9<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.78 %<\/td>\n<td>4.57 %<\/td>\n<td>31,778<\/td>\n<td>3.73<\/td>\n<td>6<\/td>\n<td>-0.0261 %<\/td>\n<td>4,110.3<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.0261 %<\/td>\n<td>3,207.0<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.58 %<\/td>\n<td>-1.26 %<\/td>\n<td>59,269<\/td>\n<td>0.09<\/td>\n<td>11<\/td>\n<td>0.0108 %<\/td>\n<td>3,059.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.25 %<\/td>\n<td>5.33 %<\/td>\n<td>68,460<\/td>\n<td>14.91<\/td>\n<td>24<\/td>\n<td>0.0555 %<\/td>\n<td>3,310.4<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.36 %<\/td>\n<td>5.55 %<\/td>\n<td>199,813<\/td>\n<td>14.66<\/td>\n<td>64<\/td>\n<td>0.5426 %<\/td>\n<td>2,227.5<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.14 %<\/td>\n<td>5.25 %<\/td>\n<td>61,060<\/td>\n<td>14.91<\/td>\n<td>27<\/td>\n<td>0.0778 %<\/td>\n<td>3,244.6<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>5.82 %<\/td>\n<td>5.86 %<\/td>\n<td>72,870<\/td>\n<td>14.13<\/td>\n<td>3<\/td>\n<td>1.1201 %<\/td>\n<td>2,629.3<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.09 %<\/td>\n<td>3.48 %<\/td>\n<td>132,250<\/td>\n<td>1.51<\/td>\n<td>22<\/td>\n<td>0.1352 %<\/td>\n<td>2,646.8<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>1.93 %<\/td>\n<td>3.60 %<\/td>\n<td>63,681<\/td>\n<td>1.97<\/td>\n<td>3<\/td>\n<td>-0.0136 %<\/td>\n<td>2,740.4<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.18 %<\/td>\n<td>5.45 %<\/td>\n<td>129,764<\/td>\n<td>14.70<\/td>\n<td>22<\/td>\n<td>0.3399 %<\/td>\n<td>2,263.9<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.B<\/td>\n<td>Floater<\/td>\n<td>-1.97 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 11.95<br \/>\nEvaluated at bid price : 11.95<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.G<\/td>\n<td>SplitShare<\/td>\n<td>-1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Option Certainty<br \/>\nMaturity Date\t: 2026-02-28<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.60<br \/>\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n<tr>\n<td>IAF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 19.77<br \/>\nEvaluated at bid price : 19.77<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.Q<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.14 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 19.46<br \/>\nEvaluated at bid price : 19.46<br \/>\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 13.78<br \/>\nEvaluated at bid price : 13.78<br \/>\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.29 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 16.46<br \/>\nEvaluated at bid price : 16.46<br \/>\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.33 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 18.31<br \/>\nEvaluated at bid price : 18.31<br \/>\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.39 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 20.48<br \/>\nEvaluated at bid price : 20.48<br \/>\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.H<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 18.08<br \/>\nEvaluated at bid price : 18.08<br \/>\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.47 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 13.10<br \/>\nEvaluated at bid price : 13.10<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.57 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 20.03<br \/>\nEvaluated at bid price : 20.03<br \/>\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.F<\/td>\n<td>FloatingReset<\/td>\n<td>1.72 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 14.75<br \/>\nEvaluated at bid price : 14.75<br \/>\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.79 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 17.05<br \/>\nEvaluated at bid price : 17.05<br \/>\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 15.17<br \/>\nEvaluated at bid price : 15.17<br \/>\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 19.34<br \/>\nEvaluated at bid price : 19.34<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 18.00<br \/>\nEvaluated at bid price : 18.00<br \/>\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.A<\/td>\n<td>Floater<\/td>\n<td>2.79 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 12.90<br \/>\nEvaluated at bid price : 12.90<br \/>\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>85,700<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 18.64<br \/>\nEvaluated at bid price : 18.64<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.I<\/td>\n<td>Perpetual-Premium<\/td>\n<td>62,598<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2020-02-19<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.10<br \/>\nBid-YTW : -1.26 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.K<\/td>\n<td>FixedReset Disc<\/td>\n<td>54,515<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 20.18<br \/>\nEvaluated at bid price : 20.18<br \/>\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>48,737<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 17.98<br \/>\nEvaluated at bid price : 17.98<br \/>\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>36,700<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 18.00<br \/>\nEvaluated at bid price : 18.00<br \/>\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n<tr>\n<td>CCS.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>36,100<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 23.15<br \/>\nEvaluated at bid price : 23.45<br \/>\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 28 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 20.25 &#8211; 20.66<br \/>\nSpot Rate  :  0.4100<br \/>\nAverage  :  0.2921<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 20.25<br \/>\nEvaluated at bid price : 20.25<br \/>\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 21.96 &#8211; 22.25<br \/>\nSpot Rate  :  0.2900<br \/>\nAverage  :  0.1756<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 21.56<br \/>\nEvaluated at bid price : 21.96<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.K<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.32 &#8211; 23.71<br \/>\nSpot Rate  :  0.3900<br \/>\nAverage  :  0.2760<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 23.06<br \/>\nEvaluated at bid price : 23.32<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 20.35 &#8211; 20.72<br \/>\nSpot Rate  :  0.3700<br \/>\nAverage  :  0.2624<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 20.35<br \/>\nEvaluated at bid price : 20.35<br \/>\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.G<\/td>\n<td>SplitShare<\/td>\n<td>Quote: 25.60 &#8211; 25.98<br \/>\nSpot Rate  :  0.3800<br \/>\nAverage  :  0.2749<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Option Certainty<br \/>\nMaturity Date\t: 2026-02-28<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.60<br \/>\nBid-YTW : 4.58 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.59 &#8211; 24.00<br \/>\nSpot Rate  :  0.4100<br \/>\nAverage  :  0.3058<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-01-20<br \/>\nMaturity Price  : 23.14<br \/>\nEvaluated at bid price : 23.59<br \/>\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Well, well, well! Look who&#8217;s back in the news! Plaintiff U.S. Securities and Exchange Commission (the \u201cCommission\u201d), Brookfield Place, 200 Vesey Street, Suite 400, New York, New York 10281, alleges as follows for its Complaint &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-40151","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40151"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40151\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}