FINRA Combines Enforcement and Investigations in One

The Financial Industry Regulatory Authority (FINRA), the Self-Regulatory Organization that regulates the securities industry, said Thursday that it has completed integrating the self-regulator’s enforcement functions, and announced a new senior leadership team to lead the new structure. The consolidation, which began in July 2017 under FINRA360 along with the promotion of Susan Schroeder as head … Continue reading FINRA Combines Enforcement and Investigations in One

Google Fined $5,000,000,000 for Monopolistic Behavior

European Union regulators have slapped Alphabet-owned Google with a record 4.34 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system, which is by far the most popular smartphone OS in the world. Google said in a statement that it would appeal the ruling, arguing against the EU's view that its software is restrictive of fair … Continue reading Google Fined $5,000,000,000 for Monopolistic Behavior

FINRA Wants Brokerage Firms to Report Involvement in Cryptocurrencies

The Financial Industry Regulatory Authority, the self-regulatory agency of the securities industry which has rule-make authority for brokers (member firms), has been monitoring developments in the digital asset marketplace and has been undertaking efforts to ascertain the extent of member firm involvement related to digital assets. To supplement their efforts to date, FINRA his issued Regulatory Notice … Continue reading FINRA Wants Brokerage Firms to Report Involvement in Cryptocurrencies

Solving Your Personal or Business Tax Problems–Use a Professional

Having Uncle Sam (or the State) breathing down your neck over a tax issue can make anyone seek out a quick fix, but before seeking help from a company making hard-to-believe promises, be sure to do some research. While there are reputable firms with accredited CPAs, EAs, and tax attorneys to assist in settling tax … Continue reading Solving Your Personal or Business Tax Problems–Use a Professional

Supreme Court Upholds Travel Vetting

Supreme Court Upholds Travel Vetting The ruling concerned the third iteration of President Donald Trump's travel restriction, which was challenged on the grounds that it is a "Muslim ban." In the 5-4 opinion penned by Chief Justice John Roberts, the court found that Trump's travel restriction fell "squarely" within the president's authority. "The [order] is … Continue reading Supreme Court Upholds Travel Vetting

Learning From Failure–If You’re Not Making Mistakes, You’re Not Trying Hard Enough

Why are so many successful business leaders urging their companies and colleagues to make more mistakes and embrace more failures?  In May 2017, right after he became CEO of Coca-Cola Co., James Quincey called upon rank-and-file managers to get beyond the fear of failure that had dogged the company since the “New Coke” fiasco of so many years … Continue reading Learning From Failure–If You’re Not Making Mistakes, You’re Not Trying Hard Enough

When Wiener Dogs Attack

In May 2017, an Oklahoma woman was the victim of a fatal attack by a group of...wait for it...dachshunds, according to reports.  The sheriff of Carter County, Oklahoma, Chris Bryant, told news outlets at the time that Tracy Garcia, 52, was mauled by seven of her neighbor's dogs.  Those are Weiner dogs--and not to make light … Continue reading When Wiener Dogs Attack

Why are Alfie Evans and Terri Schiavo Different?

The Western World was paying close attention to the plight of a little boy, who was lying critically ill in Liverpool, England’s Alder Hey Children’s Hospital, and who was at the center of a dispute between his parents, the British courts, and the hospital itself.  The courts and the hospital had "decided" that Alfie is … Continue reading Why are Alfie Evans and Terri Schiavo Different?

From Trump to 50 Cent, Bankruptcy Protection has been Quite a Useful Tool

Donald Trump isn’t the only one (though he has probably been the most politically vilified) who has taken advantage of the bankruptcy courts in the United States.  Actually, that’s not exactly correct.  Trump himself has never filed for bankruptcy.  His corporations have filed for Chapter 11 bankruptcy four times. In 1991, for example, Trump's Taj … Continue reading From Trump to 50 Cent, Bankruptcy Protection has been Quite a Useful Tool

George Washington’s Estate Planning Blunder

George Washington’s meticulous Estate Planning had a hiccup. When George Washington died on December 14, 1799, to say that he had become a wealthy man would be a serious understatement.  Although Washington was a busy man, and although he, too, died somewhat unexpectedly, following a brief illness, in contrast to Abraham Lincoln in later years, … Continue reading George Washington’s Estate Planning Blunder