CCA Industries Inc
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Consumer Staples : Personal Products | Small Cap ValueCompany profile

CCA Industries, Inc. (CCA) manufactures and distributes health and beauty aid products. The Company is engaged in the sale of products in several health-and-beauty aids over-the-counter drug and remedies, and cosmeceutical categories. Under its brand names, the Company markets several different but categorically related products. The Company's principal brand and trademark names include Plus+White (oral health-care products), Sudden Change (skin-care products), Nutra Nail (nail treatments), Bikini Zone (pre and after-shave products), Hair Off (depilatories), Solar Sense (sun-care products), Sunset Cafe (perfumes), Lobe Wonder (ear-care product) and Scar Zone (scar diminishing cream).The Company markets its products to drug, food and mass-merchandise retail chains, warehouse clubs and wholesalers, throughout the United States, and through distributors internationally.

Closing Price
$2.77
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
3,066
0

Citizens Against Government Waste Statement on GSEs Report

1:40 pm ET September 6, 2019 (BusinessWire) Print

Today, Citizens Against Government Waste (CAGW) President Tom Schatz released the following statement regarding the Department of the Treasury's reform plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac:

"On September 6, 2008, the nation's largest housing government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, were placed into conservatorship. Since then, the GSEs have benefitted from weak oversight and lax regulatory supervision, engaged in risky strategies, and conducted activities beyond the limits of their statutory authority, while taxpayers remain on the hook for $5.3 trillion in mortgage obligations. Eleven years is long enough. With the release of this report, the Department of the Treasury has sent a clear message that it is time to reform the housing finance system."

Highlights from the report include:

Protecting taxpayers against bailouts through stringent capital and liquidity requirements Restricting mission creep and promoting competition in the mortgage finance system Transparency in the approval process for the GSEs' pilot programs that focuses on public input Restructuring affordable housing mandates Limiting the GSEs' footprint in the multifamily lending portfolios Requiring the GSEs to pay a commitment fee for an explicit government guarantee Clarifying the roles of the GSEs and the Federal Housing Administration Ending the net worth sweep

CAGW looks forward to working with the Trump administration and Congress to put the GSEs on a sustainable path out of conservatorship and shield taxpayers from the risk of another bailout.

Citizens Against Government Waste is the nation's largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190906005438/en/

SOURCE: Citizens Against Government Waste">

Ally Abrams (202) 467-5310

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