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SEC Proposes Enhancements to Open-End Fund Liquidity Framework Read the Full Press Release SEC Charges Halal Capital Founder with Multimillion Dollar Fraudulent Scheme that Targeted Muslim Community Read the Full Press Release SEC Charges Creator of Global Crypto Ponzi Scheme and Three US Promoters in Connection with $295 Million Fraud Read the Full Press Release Billionaire Investor Insights From Growth Stock Optimist Ron Baron Billionaire Investor Insights From Growth Stock Optimist Ron Baron SEC Awards $20 Million to Whistleblower Read the Full Press Release Keith E. Cassidy and Natasha Vij Greiner Appointed Deputy Directors of Division of Examinations Read the Full Press Release SEC Announces Departure of Chief of Staff Prashant Yerramalli and Appointment of Amanda Fischer to the Role Read the Full Press Release Why is the Powerball so Large? Interest rates are up, annuity rates are up, lottery payouts are up.
Category Archives: Investor
SEC Proposes Enhancements to Open-End Fund Liquidity Framework
The Securities and Exchange Commission today voted to propose amendments to better prepare open-end funds for stressed conditions and to mitigate dilution of shareholders’ interests. The rule and form amendments would enhance how funds manage their…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Charges Halal Capital Founder with Multimillion Dollar Fraudulent Scheme that Targeted Muslim Community
The Securities and Exchange Commission today charged Jebara Igbara, the founder of Halal Capital LLC, in connection with a more than $8 million scheme that targeted investors from the New York metropolitan area’s Muslim community. According to the SEC’s…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Charges Creator of Global Crypto Ponzi Scheme and Three US Promoters in Connection with $295 Million Fraud
The Securities and Exchange Commission today announced charges against Douver Torres Braga, Joff Paradise, Keleionalani Akana Taylor, and Jonathan Tetreault for their roles in Trade Coin Club, a fraudulent crypto Ponzi scheme that raised more than 82,000…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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Billionaire Investor Insights From Growth Stock Optimist Ron Baron
Billionaire fund manager Ron Baron has overseen decades of stellar returns, in large part because he is an optimist.
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Elon Musk Does Not Want to Be a CEO
Billionaire Investor Insights From Growth Stock Optimist Ron Baron
Billionaire fund manager Ron Baron has overseen decades of stellar returns, in large part because he is an optimist.
#securitiesattorney #seclaw
SEC Awards $20 Million to Whistleblower
The Securities and Exchange Commission today announced an award of $20 million to a whistleblower who provided new and critical information that led to the success of an enforcement action. In determining the appropriate award amount, the SEC considered…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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Keith E. Cassidy and Natasha Vij Greiner Appointed Deputy Directors of Division of Examinations
The Securities and Exchange Commission today named Keith E. Cassidy and Natasha Vij Greiner as Deputy Directors of the Division of Examinations. “Our examinations function plays an essential role as the eyes and ears on the ground for the Commission,”…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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SEC Announces Departure of Chief of Staff Prashant Yerramalli and Appointment of Amanda Fischer to the Role
The Securities and Exchange Commission today announced that Chief of Staff Prashant Yerramalli will leave the agency, effective Dec. 31, 2022. Amanda Fischer, currently Senior Counselor to Chair Gary Gensler, will be appointed Chief of Staff, effective…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
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Why is the Powerball so Large?
I will admit, a billion dollar prize got my attention, and my friends and I have been buying tickets.
But why is the big prize so big? CNN has a theory – its the FED!
It actually makes sense. Keep in mind that no one takes the annuity payout; everyone wants the cash.
But it is that annuity payout that everyone focuses on. So why is it so big? 1.9 BILLION dollars is a lot of money…if you wait for it.CNN explains:
$1.9 billion top prize is the amount winners would get, which involves taking 30 equal payments of about $63 million spread out over the next 29 years. Those payments come from an annuity purchased by the lottery sponsors, and the payments factor in an average rate of return.
Ok, we get it. But no thanks like every other lottery winner I’ll take my prize in cash.
https://www.cnn.com/2022/11/05/investing/powerball-record-prize-fed-interest-rates-ctrp/index.html?Type=Store&bt_ee=7qsilqhTznC9Nu9UHtDP0x4A1wUpi0ir9ukA%2FPk1G0Xav6yHZUmN7hz2n%2B62ItPI&bt_ts=1667858784450
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https://seclaw.blogspot.com/2022/11/why-is-powerball-so-large.html