ABSTRACT In this paper, we examine a key conflict between the owners and clearing members of "demutualized" central counterparties (CCPs), in which ownership is separated from clearing participation.

Contacts Ken McEwen Manager, Investor Relations 800-282-6242 • 205-439-7903 • [email protected] ...

On May 20, 2021, EMIC called its third and final special meeting on its demutualization. The vote was nearly unanimous, carrying the approval of 97% of eligible voters.

Jim Flaherty, the Finance Minister, announced plans Thursday to hold public consultations around proposed new rules for the demutualization of mutually held property and casualty insurers. Canada has ...

A recent federal court decision ruled against the IRS’s stance that policyholders who receive stock in a mutual-to-stock conversion of an insurance company–known as a demutualization–must ...