Sentences with phrase «regulated subsidiaries of»

We can protect the payments systems by protecting the regulated subsidiaries of banks, and letting the holding companies bear the losses, which is what we failed to do in 2008 - 2009.

The government could have protected regulated subsidiaries of the banks, and derivative counterparties, and let the holding companies fail.

The asset being sold, LCH SA, is the French - regulated subsidiary of clearing house the LCH Group, which is 57 % owned by the LSE.

Not exact matches

The company is publicly traded, but one of its wholly - owned subsidiaries, Nova Scotia Power, is the government regulated company that supplies Nova Scotia with virtually all of its electricity.

Energy Future Holdings Corp. manages a portfolio of competitive and regulated energy subsidiaries consisting of TXU Energy, a competitive electricity retailer, Luminant, a competitive power generation business, including mining, wholesale marketing and trading, and construction, and Oncor, a regulated electric distribution and transmission business.

As a result, we recorded an income tax benefit of approximately $ 29.6 billion and we increased regulatory liabilities of our regulated utility subsidiaries by approximately $ 6.0 billion for the portion of the deferred income tax liability reduction that we will be required to, effectively, refund to customers in the rate setting process.

Australian Certified Organic is an independent subsidiary of Australian Organic, responsible for the certification of organic foods and fibres and was set up in 2001 to distinctly separate the task of certifying and regulating organic products from that of promotion of the industry and representing the industry's interests to government.

The company has 5 wholly owned subsidiaries, two of which cover Connecticut Water's regulated utility business.

TAVF remains reluctant to hold the common stocks of highly leveraged holding companies whose principal assets, on a parent company basis, are the common stocks of highly leveraged, highly regulated subsidiaries.

Operating subsidiaries are another thing; they are regulated for the good of consumers, ostensibly.

Like EVO, California Natural is manufactured in Hereford, Texas and are both subsidiaries of Nutura Pet Products which highly regulate the manufacturing process that both foods go through to ensure that the products are of the highest standards, and that all meats pass USDA inspection standards.

AGL is being acquired by Southern Company, meaning three of the four partners own electricity subsidiaries that are regulated monopolies that can stick ratepayers with the cost of paying for gas.

E.ON U.S., a subsidiary of E.ON, owns and operates Louisville Gas and Electric Company (LG&E), «a regulated utility that serves 318,000 natural gas and 390,000 electric customers in Louisville and 16 surrounding counties», and Kentucky Utilities Company (KU), a regulated electric utility in Lexington, Kentucky, U.S.A., that serves 518,000 customers in 77 Kentucky counties and five counties in Virginia.»

SoCo is a power company in Georgia, of which Georgia Power is a subsidiary, and as such, it is not a fossil fuel company, and in fact is developing nuclear and renewable facilities, and it is strictly regulated by a state commission.

Our financial regulatory advice to financial institutions has spanned a wide range of subjects, including the chartering of new banking institutions and their subsidiaries; charter conversions; conversions to BHC; FHC elections; the expansion of regulated banking and non-banking activities through acquisitions and de novo expansion; broker - dealer registration and material changes in business operations; the treatment of new financial products under regulatory capital requirements; and legal risks in cross-border payment and securities settlement systems.

Where the SLP is the top regulated entity of a regulated group, the SLP may have direct and indirect 100 % holdings in UK and overseas subsidiary companies.

The Federal Motor Carrier Safety Administration (FMCSA), for example, is a subsidiary of the U.S. Department of Transportation exclusively focused on regulating the commercial passenger and freight carrier industry.

The jurisdiction of this Court, therefore, has been specifically defined, though scope is left for ordinary legislation to «make further provision for the operation of the Supreme Court», and for the publication of subsidiary legislation to regulate the mode of exercise of the Court's jurisdiction.

Overstock CEO Patrick Byrne believes that one day all company shares will be blockchain - based equity tokens classed as securities, and they will need a regulated exchange to trade on.To raise funds to develop that exchange, the online retail giant is launching an initial coin offering ICO for T0.com tZero, the companys blockchain - focused subsidiary and trading platform that supports equity tokens.Byrne announced details of the ICO at Money20 / 20 in Las Vegas on October 24, 2017.

It is a subsidiary of the Gibraltar Stock Exchange (GSX) which operates an EU regulated market, the Main Market, recognised by ESMA (European Regulator) and HMRC (UK), and the self - regulated Multilateral Trading Facility (MTF), the Global Market.

With the rise of security tokens, tZERO, a subsidiary of Overstock, has launched their own security token ICO, with the hopes of eventually creating the first SEC regulated cryptocurrency alternative trading system (ATS).

The Registered Mortgage Professional designation is used by Mortgage Loan Originators who are an employee of a depository institution (including credit union) regulated by a federal banking agency (OCC, OTS, FDIC, FRB, NCUA), a subsidiary owned and controlled by a depository institution and regulated by a federal banking agency, or an institution regulated by the Farm Credit Administration.

And in February of this year, the U.S. Office of the Comptroller of the Currency implemented a rule preempting certain state laws that license and regulate federally chartered banks and their operating subsidiaries.