In the last few weeks I found crowd investing. The SEC got there before me in its case dealing with an attempt to buy a beer company with investments being made on a website. I’m not sure why I have been so taken by this concept. Most of my career has been spent working in […]
The SEC has issued a request for comment on Review of Existing Regulations. This request comes according to the SEC, based upon the “dynamic and fast-moving” financial markets. It also comes because President Obama issued an order in July that all regulatory agencies might consider a review of rules that might be “outmoded, ineffective or […]
I am not aware of many broker-dealers that do not have, some, if not all of the operational professionals at senior levels registered. But clearly my experience did not spread across the entire industry. In case you missed the release (Reg. Not. 11-33) while you were away on vacation, effective October 17, 2011 certain operational […]
Tucked away in the Dodd-Frank Act is a new whistleblower provision. Under this provision an individual or group of individuals may collect awards of 10% to 30% of judgments or settlements with the SEC over $1 million. Not an insignificant amount of money. What do they have to do to get this reward? The whistleblower […]
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