25 Burst results for "Securities And Exchange Commission"

"securities exchange commission" Discussed on WLS-AM 890

WLS-AM 890

08:31 min | 4 months ago

"securities exchange commission" Discussed on WLS-AM 890

"To have Charlie Gasparino senior correspondent Fox. Charlie. I don't know that we've ever spoken. If we did. It was a long time ago. How are you? It's a huge honor and pleasure, Mark. We did speak. You had me out for a book. I wrote back in 2000 and three when I was at Newsweek magazine, Believe it. Oh, my God. Well, let me say this. It's a real pleasure. You're a real serious reporter, and you do your work and You broke the story today that caught my ear. And I'd like you to explain who is Gary Gansler. And what is he doing? Gary Gensler is a longtime fixture on Wall Street, essentially the revolving door between Wall Street and Washington in the sort of he worked at Goldman Sachs. He worked in the Obama administration. He worked at the and I think he worked in the Clinton administration, so he's been going back and forth. He's pretty rich was a partner at Goldman Sachs. Now he's the head of Wall Street's top cop, the Securities and Exchange Commission. Um, and he's doing something really interesting now over the years. Gary Gensler has more from sort of a Clinton Democrat into, I guess the best way to put it as an Elizabeth Warren Democrat. He's extremely woke extremely progressive. And he has some extreme ideas of how he wants Corporate America to act. He wants corporate America to adopt extreme woke. Policies he wants. Essentially every company to environment embrace environmental standards. He wants every company to have quote unquote diverse boards and diverse workforces, and he he wants to use Government as the lever to do that, and he's doing that right now at the Securities Exchange Commission. Because the Security Exchange Commission has enormous power over corporate America. It basically can mandate what they do and how they do it, and it could do that through a lot of different levers enforcement actions. In this case, what he's doing is he's proposing rules. And those rules will be passed by the Securities Exchange Commission, which is majority Democrat now, so he's going to ram them through without any without any Republican voice, And these are rules that essentially forced companies. To be more woke in certain areas and in terms of environmental issues in terms of board diversity, they will have to disclose those that their diversity have what they're doing for the environment, and when they do that, obviously, it's going to be a an object where the mainstream media is going to weigh in and say, Look at this company. Company X is not his woke his company wide They're not doing as much here than not doing as much there. Uh And I guess the bottom line is this. Listen, you may believe in these policies if you're liberal if you're free market capitalist like me, I care about the bottom line, to be honest with you, but and if you're a shareholder, you really should be caring about the bottom line. These are not bottom line issues, and they Feed the S E. C s mandate. If you read the mandate, which is to make the markets safe, poor investors to make sure companies disclose stuff that investors care about for too wet to to weigh whether they should Invest in the stock or not. I mean, this is politicizing companies and corporate disclosure to a level that we've never seen before, and he's doing it. He proposed these rules and they will pass. Like biting this pushing through all this stuff he's pushing through to Congress with a 51 vote. With Kamala Harris breaking the tie breaker. He will pass this based on him being the tie breaker. The security has changed. Now. Here's the thing, Charlie. If he doesn't have the statutory authority. At least it can be challenged. That's great. But most of these companies are too gutless to challenge anything and anyone and I'm very, very concerned about this because you're right because I Even way back in law School studied. Why do we have a Security Securities and Exchange Commission has nothing to do with this is to ensure that when people invest, their not getting ripped off is to have some Rules for the market. Um, you know, way back when people were selling fake stock notes and all kinds of stuff going on. And they're supposed to oversee this sort of thing. And you talk about Joe Kennedy Sr Um And even had the SEC didn't injected in the FDR even dragging back from Britain and give him that job because he was so I think whatever it was, doesn't matter. First SEC commissioner chairman I should say, Yeah, I would. Talk about anyway, so To have a guy like this. Come in here like he's some kind of dictator. Until all these boards And in all these corporations there to conduct themselves, which has absolutely nothing to do with the bottom line. Is pushing the hard left agenda. Just think we're crossing lines all over the place in this government now, this guy and he doesn't record speed. I mean, they have only been there a few months, right? Yeah. And you know, yes. You're right about that, and he'll get some pushback from Republicans that Pat Toomey will has has notified him. He thinks this is, you know, outside the boundaries of what the SEC supposed to do. He's the senator from Pennsylvania. If the Republicans take the Senate, there's a good chance they can stop a lot of this. And essentially this. The Senate Banking Commission is the oversight provides oversight over the Security Exchange Commission. They could. I mean, they could really make his life miserable for him. So he's got a window here. If you think the Republicans going to take the Senate back in 2022, you know, he he has. Obviously you know what this year and next year to do this and my my guess is he'll try to push it through in those terms. But what's scary about this from my standpoint? I'm just a simple country business reporter. You know, I cover this stuff. Yeah, I do. Read a lot about what this and parents being freaked out that you know, school board boards are embracing critical race theory. Um, this sort of left wing progressive. Agenda is infecting just about every part of our life, including like dollars and sense that used to be, you know, people used to cover business and thinking Well, I don't have to deal with politics because it's about money. And you know people are about the bottom line. Now we've gone to the to the point where The political left wing agenda is infiltrating every part of our life, including such mundane things like or diversity. Listen who's not for board diversity? We're all for that, right? I mean, you know you, obviously What do you care you want obviously the best people at that point, not. That should be the the onus not For diversity. It's the best people and you know, if it diverse, so be it. You know, uh Just to give you a heads up, Charlie. In about a month or five weeks. It's going to get more political than you think in these boardrooms because I'm going to push an agenda myself. I'm sick and tired as a conservative, really is a free market capitalist. Where people come in like they did. I forget which, but with Exxon, you know, with $50 million, and they buy some shares and all of a sudden they get some seats on the board and so forth. People like me in tens of millions. We don't have to be Spectators to this will have to be observers. We need to be participants. So keep your eyes wide open and your ears wide open because their movements that I intend and I'm not. I'm not trying to be as you I'm being honest with you. There's there's things that I'm going to push really, really hard and we're not going to sit on our asses and just take this in the implicit. Remember what you're going up against. So let me I did a lot of reporting on the Exxon business. How did this tiny activist investor get too bored? Three board seats? These guys came out of nowhere. Engine number one. They're named after some, um, firehouse in San Francisco, Of course, Right. So how did they and their an environmental activist group where they want companies to embrace environmental activism? How do they get on? They got on it because Black Rock The biggest money management firm in the world. $9 trillion on the management put them there, because Larry Fink is very progressive. He runs BlackRock. A bunch of his of his executives are working for the biting administration. Brian Deese. Who was the head of environmental investing at Black Rock. It's now Joe Biden's head of the National Economic Council. And you can They're all over the place in the bite administration. So remember the the money that's out there. That's going woke is.

Gary Gansler Gary Gensler Brian Deese Securities Exchange Commission Joe Kennedy Pat Toomey Securities and Exchange Commis Joe Biden BlackRock Larry Fink Kamala Harris Security Exchange Commission Charlie Gasparino 2022 Goldman Sachs $9 trillion 2000 Congress National Economic Council Charlie
SEC Chair Gary Gensler Plans 'Woke' Corporate Disclosure Rules

Mark Levin

03:14 min | 4 months ago

SEC Chair Gary Gensler Plans 'Woke' Corporate Disclosure Rules

"Charlie. I don't know that we've ever spoken. If we did. It was a long time ago. How are you? It's a huge honor and pleasure, Mark. We did speak. You had me out for a book I wrote back in 2000 and three when I was at Newsweek magazine believe. Oh, my God. Well, let me say this. It's a real pleasure. You're a real serious reporter and you do your work and You broke a story today that caught my ear. And I'd like you to explain who is Gary Gansler. And what is he doing? Gary Gensler is a longtime fixture on Wall Street, essentially the revolving door between Wall Street and Washington in the sort of he worked at Goldman Sachs. He worked in the Obama administration, and he worked at the end. I think he worked in the Clinton administration, so he's been going back and forth. He's pretty rich. She was a partner at Goldman Sachs. Now he's the head of Wall Street's top cop, the Securities and Exchange Commission. Um, and he's doing something really interesting now over the years. Gary Gensler has more from sort of a Clinton Democrat into, I guess the best way to put it as an Elizabeth Warren Democrat. He's extremely woke extremely progressive. And he has some extreme ideas of how he wants Corporate America to act. He wants corporate America to adopt extreme woke. Policies he wants. Essentially every company to environment embrace environmental standards. He wants every company to have quote unquote diverse boards and diverse workforces, and he he wants to use government as the lever to do that, and he's doing that right now. At the Securities Exchange Commission. Because the Security Exchange Commission has enormous power over corporate America. It basically can mandate what they do and how they do it, and it could do that through a lot of different levers enforcement actions. In this case, what he's doing is he's proposing rules. And those rules will be passed by the Securities Exchange Commission, which is majority Democrat now, so he's going to ram them through without any without any Republican voice, And these are rules that essentially forced companies. To be more woke in certain areas in in terms of environmental issues in terms of board diversity, they will have to disclose those that their diversity have what they're doing for the environment. And when they do that, obviously, it's going to be a an object where the mainstream media is going to weigh in and say, Look at this company. Company. X is not his woke his company wide. They're not doing as much here than not doing as much there. Uh And I guess the bottom line is this. Listen, you may believe in these policies if you're liberal, if you're a free market capitalist like me, I care about the bottom line, to be honest with you, But if you're a shareholder, you really should be caring about the bottom line. These are not bottom line issues, and they Feed the S E. C s mandate. If you read the mandate, which is to make the markets safe, poor investors to make sure companies disclose stuff that investors care about for too wet to to weigh whether they should Invest in the stock or not. I mean, this is politicizing companies and corporate disclosure to a level that we've never seen before, and he's doing it. He proposed these rules and they

Gary Gensler Newsweek Magazine Securities Exchange Commission Gary Gansler Obama Administration Goldman Sachs Security Exchange Commission America Clinton Administration Elizabeth Warren Charlie Mark Clinton Washington
Tesla Will Accept Bitcoin as Payment, Elon Musk says

5 Things

01:11 min | 7 months ago

Tesla Will Accept Bitcoin as Payment, Elon Musk says

"Can now buy a tesla with bitcoin. ceo elon. Musk said in a series of tweets on wednesday that his electric car company will begin accepting the crypto currency as a form of payment money and tech editor brett. Molina has more. He says any bitcoin that is used to purchase. A tesla will be retained as bitcoin and it will be converted to fiat currency which is basically a fancy way of saying that it won't be converted into money that is government issued must also said the option of pay by. Bitcoin will be available this year for consumers who are living outside the us Tesla talked about accepting. Bitcoin is a form of payment in a filing last month with the securities exchange commission. So it's a big deal. It gives bitcoin more legitimacy as it grows into this new form of crypto currency. There are still some concerns though with the adoption of bitcoin although more companies are starting to use it a federal reserve chair. Jerome powell recently warned that the us public needs to understand better. The risks center involved with using crypto currencies. And he compares it more gold. It's not necessarily something that equates to a dollar but it's more like an asset like gold

Tesla Ceo Elon Bitcoin Musk Securities Exchange Commission Molina Brett Jerome Powell United States
"securities exchange commission" Discussed on KTOK

KTOK

02:21 min | 9 months ago

"securities exchange commission" Discussed on KTOK

"For me? Those are all the things we cover in this This class and hundreds and hundreds of people have come to this class in the last few years, you can to go to chapel with dot com. Click and roll in a class get enrolled in that coming up. February. The 18th And the 25th. That's right. And if you have not ever attended his Wednesday drive through, that is the most fun. You just again. Go to the website. You'll see it there. You can enroll them. You could roll in any of these things. We tried to make it simplest possible Trying. We make it a simple issue, and we have fun, too. Have a lot of finally know about fun. Which, right? I hear you laughing in there. I mean, you're in the board room now. I'm glad you moved from your office because you're laughing. Something like I want to get on his drive through. What are they talking about? All kinds of profound, amazing things. What's time to take a quick break, and when we get back, we're gonna continue our conversation about DSG investing and how it is impacting the market. We also want to share a new ruling issued by the Securities Exchange Commission outside yes official, which will impact the way that financial advisers might Advertised to you. We'll tell you all about it. When we get back. You're listening to it's all about the money. Hi, everybody. It's Damon with Chapel would financial and co host of It's all about the money, honey, that you're listening to right now, when I ask you some questions. Have you ever found yourself wondering? How do I really know if I'm going to run out of money in retirement? How do I know what Social Security decision I'm going to make? How will I know what my Medicare options are? Am I even invested the right way for retirement. Should that change. And what is a willing to trust? And how do I know which one is best for me? These are questions that our clients ask all the time. We cover that when we visit with them for their quarterly strategy reviews, But it's also the reason we created rock your retirement. The flagship program for Chapel would university, the educational branch of Chapel would financial We believe that it's not enough for you to know what is happening in.

Chapel Chapel would university Securities Exchange Commission DSG Damon official
"securities exchange commission" Discussed on SuperTalk WTN 99.7

SuperTalk WTN 99.7

05:01 min | 1 year ago

"securities exchange commission" Discussed on SuperTalk WTN 99.7

"You guys do in front of you guys drink. You didn't dress up for the show. I'm mad. I'm going mad. Max. That's right. Dressed is an investor coach. I got my public must always be mad because you look like you always do. I'm fixing the Bust somebody. So you okay? What are we doing for Halloween? It's it's already done. And I wasn't even there in our neighbourhood has no sidewalks and I think there's only three Children that live in our entire a little pocket. Oh, how sad of homes and so well, what happens is the grand parents in the neighborhood we text each other. How can say Get your green. What time is it? It's over. Yeah. Yeah. And so we get in. We get huge candy bars and all this, you know, because it's pretty fun, but I love him now. Candy, So, Yeah, I like it. See, And I like having fun with all the kids coming up to the door. It's just enjoyable. Yeah, I liked one of my clients posted something on Facebook. And she says, Quit talking about whether you're gonna have Halloween, Thanksgiving and Christmas. We're gonna have him a dozen government isn't up to the government whether we have him. World War protest in candy distribution in our neighborhood. We're having a peaceful protest. Don't have any kids to any given there's a French village somewhere. He can be so so stocks Yeah, embossed on. You know, I'm moving right along. I don't know. I don't know if you get these conversations in with who you associate with in good, Let's feel not even in the office necessarily. But just who you run across in Conversation. Have you ever heard the phrase? Man. I wish I had invested in Zoom stock when all this covert stuff hit and, you know Oh, man, I wish I don't hang out with you, Unfriend that you can't see those people don't buy unfriend him on Facebook. We can say anything Political. But don't pick a stuck by golly Eso, you know, And how many people listening to be like, Oh, man, I wish I had 100 shares a zoom Well, sir, because I'm doing church on zum bad around having appointments on Zoom. I'm working from home. Every company all this kind of stuff and zoom hasn't done too bad No no far this year since March, 23rd, which I'm calling the bottom of the cove ID recovery, there's the start of the recovery. Till now. Zoom is made about a 400% nice, which is a bit and it dropped down a little bit at the start. So you think Wow, you know, I'm a genius. I'm going to use this information now because I'm going to pick the next winner. Right? Right, because I'm so brilliant. I thought Zoom was going to go up and it went up, right? Except if you were really brilliant. You would have been looking at some stuff and thought. People are going to be cooking more at home. All the restaurants are closed. I bet they're going to need to store this food somewhere. Yeah. And if you had invested in Tupperware forward, get out of here. Okay? That's been up about 2400% since March, 23rd. Why had so You know, I just kind of share that. Just because you maybe pick a winner. Doesn't mean you have the ability to pick the best stocks and you certainly might have just gotten lucky or something like that. But There's so many things that We only even think about picking things that were hearing about in conversation. Yeah, everybody wasn't talking about Tupperware. So you weren't even looking at that as a potential? No. Sure. Well, hindsight bias is such a tough guy you know is it's so It's so easy to go. You know, I just knew that stock was going but I knew that that was in the O. Did you did you go in? Just your house to take a loan out on your house. Exactly. So how many active managers owned double right. I have no clout would say Very few. But guess who did own it? Who did we needed you? You guys are brilliant. I mean, knew too. Oh, You know? Yeah, it would be hard, but he had it. Yeah, that's right. It would be part of the portfolio. No question about it. But, you know, you still know that. In fact, you were talking about leverage. And there was this article about borrowing money into a vest like we're little away. There we go. Yeah. There you go. He's He's got the school thing going on. Um, so I'm going to be a school for Halloween. SEC issues a warning on complex investment products. So the Securities Exchange Commission just issued a warning and it was on none other but complex products in exchange traded funds that are actually in engaging in Ah leverage and inverse products, and so There. There is a another one of those things that you tried. They do that They try to get rich quick. If we could just, you know, I want to want to get o You know, with their lesson about 30 40 seconds left.

Facebook Securities Exchange Commission Tupperware golly Eso Unfriend
"securities exchange commission" Discussed on No Agenda

No Agenda

03:42 min | 1 year ago

"securities exchange commission" Discussed on No Agenda

"And appealed to the Securities Exchange Commission and said we do not want that. We feel our business model. Sometimes requires us to be discriminatory against different viewpoints I think this is a very important if this ever goes to trial or if anything ever happens. Because here, we're talking about something, not new and concept, but it has a name viewpoint discrimination to new Cuban Silicon Valley's well. No liberal leading combined with Chelsea CEO's Mark Benyelles far left public, basically statements and actions taken on behalf of the company. We are concerned that conservatives make faith a hotdog working at the company. Furthermore, the company has ignoring the financial risks viewpoint discrimination also, that'd be ended years long lawsuit for firing. A conservative engineer given all this. Will you commit today to amend Salesperson me Oh policy to split explicitly protect against discrimination based on viewpoint in ideology. I liked this clip because it shows that this works both ways, here's someone who clearly represents a different viewpoint. A right wing or conservative viewpoint is now saying hey. Look at these other companies who've been sued. Is that really what you want? Mark Bending or will you? That's what he's saying. Where will you? I had to mission of irony here is that. Going back again on my preoccupation with the origins, yes. We have to remember that it was the family council or some other thing that you to do cancel culture against TV shows. Back in the sixties and seventies, and maybe eighties and they would do. They would and they were right wingers going after shows that had any left-wing buys whatsoever and they were. Canceled by going after the advertisers, and then that kind of died down because they were kind of crack Potty, and it was picked up by the left that the left bitch and Moan about this, but they decided now. They're going to do it. This is just. LUEDERS AVOCA clip later. That kind of talks about the ludicrous nature of the. Of the swap well, let's go on with was doing because. I just got a couple of seconds left on this. So there's the the silence which is a good ten seconds eight seconds before anyone spoke and you know what's going on. It's on mutant bedding office. Going you answer that HR lady, you're absolutely correct. You could just if you were in the room, they're Benny offs. Is it opened up? He was going. Doing a throat slash thing and hitting his buttoning, pointing at so. Radically violently pointing at the HR, person pointed twenty point A. Then, motioning, get to the to the. We Exactly, yeah, you really don't want to be an HR at the moment that that question comes here we go. Thanks Mr Down for your question and your interest in the company of. Long standing belief that is important to have diverse set of views and policies within our company, and our employees reflect that it is very important to our company as important service. Our values. That has long stood by at the company, and we continue to believe in those as we pointed out in our proxy and the proposal We believe that the proposal that was presented was not appropriate for the profit of. Body Body, but I'm telling you. Viewpoint discrimination will be thing. It's a horrible name, but I think it will catch it also V. D I like that Hey Man. That's V. and..

Moan Mark Bending Securities Exchange Commission Cuban Silicon Valley Mark Benyelles Chelsea CEO engineer Mr Down Benny
Miami: SeaWorld To Pay $65 Million To Settle ‘Blackfish’ Documentary Lawsuit

The KFBK Morning News

00:39 sec | 1 year ago

Miami: SeaWorld To Pay $65 Million To Settle ‘Blackfish’ Documentary Lawsuit

"This morning sea world has been ordered to pay sixty five million dollars in a lawsuit over the Netflix documentary called black fish gaping gaze Maryland Haidar reports the suit claimed the company's owners lied to investors regarding the effect of a documentary on whales in captivity on declining park attendance and the filing with the securities exchange commission says sea world and claim the film blackfish did not contribute to a decline in visitors two years ago sea world paid five million dollars to settle similar fraud allegations brought on by the SEC at the time the commission said sea world made untrue statements about the effect of black fish on attendance which cause the stock price to fall causing significant losses to

Maryland Haidar SEC Netflix Fraud
Is WeWork's Business Model Viable?

Digital Business Models

12:17 min | 2 years ago

Is WeWork's Business Model Viable?

"Today we're going to look at the complex topic week which is easily work at viable business model be if you've been following. Actually the news lately you so that we work is pretty much anywhere and why. I don't like to cover things that really into the news because there is a lotta noise around. It's very hard to make sense of it there. Everyone when denning opinion like what's going on. I won't do really highlight. I flew points and really give respective again just because I think it is a lot of noise right now so St John's is a viable business model. It's not an for several reasons now. Let's go point by point to over a few things that we might want to look at when it comes to to we work now we work was at ease was a private company actually still a company that will strain to actually get a go through an IPO was trying to become a public company and the one thing which is interesting interesting is that we work adjust two thousand eighteen. According to several kinds of valuations at our company was worth more than forty billion dollars which which is a lot breath so now one question getting comes to mind Isa are we actually going through a private bobble in terms of private companies education because what's up rent now. It seems that at least in two thousand nineteen the company's got listed as they didn't manage to actually we have a successful appeals and actually manage to go to a really excitement of the market doc it around those companies now. What are the reasons behind it and you know when talking about companies that I feel I'm thinking about companies like Uber or lift or other. There are other companies that are really field this year now. The the the party said I mean look at the the we work financials the one thing that you know this race that of course company now but he arrived from two thousand eighteen eighty two to nineteen with talking about the first Amancio Manso year but this time he also improved. It's expensive quite substantially there things to take into account. If if we work was going to wipe with buzzy the numbers you can imagine that we wouldn't have oldies noise that that he's right now and one thing is also about timing timing timing. It's betty white important as you imagine it can really make or break a company and in in this year that there are the worry about recession that increasing freezing you you can imagine that for a company that could afford to actually go through an IPO without having a viable business model l. A. Becomes very hard when you go through a decision at his video especially when your primary customers are companies that actually are stuffed upset if we go through a decision would be the first companies to actually suffered from it. It's very important also delighted that we work as a really so you know improving its enterprise customers which we're getting that those might seek if we go through a recession but at the meantime on the other end if we think we interbike customers by be using we work as a really an expansion buckner so we'd ally on we work as enterprise company because we're trying to expand the operation with one free since I'm just thinking in terms of me me as a as a potential enterprise customer we work so instead of relying on internal resources and expanding geographically because he may be a recent too risky ASCII because then it becomes harder to to to to cat space and stuff we we use we work as a partner for so again imagine that if we both rotation diseases diseases. I sorta viable which will get cut so again recession. He's hard because for especially for a business model which hasn't proved viable yet yet. It's it's very hard another aspect that you know this when you go through the. We Work Appeal our attempt IPO because it was if you following the news right now you know that the company has withdrawn so far at least delaying the ideal so in might reconsider near enough in a few months things are stopped workout free since death thinking fire quite a quite a few employees but one thing that you know these when you go through a dealer of the as one which is the forum that companies as companies to meet when they after will probably could tell there to meet these form to the SEC has the Security Exchange Commission. What is that. There are a few quite a few buzzwords so so there are many things that we work is is doing that again if the company was a viable business model if we were in a timing where things were working properly. We were not going through are probably the people were not expecting a recession to come. Those things will be steep paths. I think again for many passwords you might use if on the other end you have Saudi auty business that there's nothing that can save you a if you look at the financial companies like starbucks that had somebody uses the buzzwords him in the culture of the company and in many cases companies themselves are caught who are really cultures. Really you know they really try to emphasize. This is when Bet Katcher dating. That's what makes them special even again. Companies are businesses that make money. They need to make money consistently so fittings things had come out to mind when we go to the one we worked. His first world. We work is trying to really redefine a new sort of model which is which combining goals space as now. If you know how commercial real estate works you know that usually what happens is that you ran an office our RSP's commercial space for your company and all you do is really you pay the rent and then free since the end of the year you might be the so called the Camman on Adia maintenance fees. which really are the shared the shared expenses that that the you know the lender the landlord might anticipate for for the commercial tenants? Annan's Gadiya switched. Dan can be spread for for the Commercial you know Florida Florida the the the people renting those commercial spaces at the end of the year depending on the kind of contract that you have of course you can pay the quote the pulmonary maintenance in different ways but again these these important for the landlord in which is a running business because he can actually get back a few of the of a did the expenses that he had on no commercial property and it can be also used as a leverage when you have a contract with a commercial tenant what happens is a union see something like okay. I'm going to reduce the KOMO Nadia maintenance fees. If you WANNA be free since then I amount of money now we were starting to redefine this space by actually adding more to it so that a a company sparked of the we were community that will be using the co working of a company actually would be a retainer so be a monthly Italy fee a subscription fee and that's where the space has a Saturday's comes to police now if we were also voted species said listen if this is. GonNa turn are now to be a viable model. I mean we we're going to look at it in in the instagram and I think it's fine you know people arguing whether accompany bunny can come up with these new analogy and just get we did. I think he can if he has a viable business model again here. The point these I is that the company is in bad timing and in these bad timing where we're going through a recession it's using up the bats words and it's not showing showing a viable business model because again those same words that we're seeing today that were used a back in two thousand sixteen seventeen when we work was considered one of the hottest companies around and valued over forty billion dollars. I think what's making huge difference. He's the fact that the company right now is a very bad timing go there are also that aspects like of the corporate governance had the fact that the recent the the the founder CEO Newman as been having a little control and managing teams out not transparently from from the way it was you know leasing space to the company and also the fact that the company Bunny at Bush's including each for technology company even though again we work a main attempt is really to form a commissioner real estate contract which usually again it's it's a it's simple contracting something which is more on on on Saturday space where you know it's common in software as a service speeds in all the other services industry that we have today in in the in the after throughout the Internet the area where you can just fight several kinds of surveys you leverage on data technology another savviest easiest to actually have have the company spot from being something on on a daily basis now aiding said. Did they really again another another keeping the thing it's about the addressable market where the company argues that had he said these these these market that which can be I think over over three years or something like that tight remember. The exact number is not the when he comes to this will markets cadets beak big question mark when Gumbiner essay these going to be these album is going to be the market in ready the how how do you even know because that depends many variables and you can be really sick as possible or you can dream big but hey at the end of the bench about how economy is going to evolve and you know. It's very a hard to predict so again. is we work a viable business model. It's not and it's not because is not showing yet a bottom line which which it's going to work. ability heats a it's really a bad timing where the company still using buzzwords in a time where you need to be more really sick we're going through and so there are more people which are skeptical about what's going on any future customer base which is made of startups of course the risk is that you're gonna be the you're going to be the first company which is GonNa four once the recession comes and then if you know we asked whether we work is a fraud. I mean if we look at the business itself. Of course it's real business if we city whether the numbers are if we rely on the numbers they gave plus in the financial statements with these these further not something that you know there's going to be an investigation or something things will will you know would would be figuring out right now. It's really understanding that when you don't have a viable business model and you're going through a recession and and you're keep using the male that you'll be using in the past to Pamper your valuation a private market which is less than spying compared to market reasoning to change your mindset need to make sure that you understand that probably market it takes a different approach Yuguang through our session unique understand the context so really for me. This is a lack of understanding on the context right now so that we went through recession understanding that at the same model that used used to get to a fifty billion dollars relation is not the same to actually keep their valuation and five there and that actually when you have a viable business model. It's very eddie easy to argue whether the company is going to work them much or more

Denning Starbucks Bet Katcher Dating Yuguang Fraud Partner L. A. Italy Komo Florida Florida SEC DAN Gumbiner Annan Founder Ceo Newman Security Exchange Commission Commissioner
"securities exchange commission" Discussed on WJR 760

WJR 760

01:33 min | 2 years ago

"securities exchange commission" Discussed on WJR 760

"Been telling you and me to do with the money that we put in the market at risk every day. Most people lost money in two thousand and two thousand eight in most people are doing the same thing they were doing in two thousand and two thousand and there's some fear in the market right now. And there are people that are taking advantage of that mindset of fears. It's just the reality. There's some disturbing thoughts about what people think about financial planners stockbrokers. What the industry's doing right now? This was this was from Brett errands and watch and he says that there forty eight percent of people in recent survey believed that financial advisers have a legal obligation to do what's in their best interest. Well, that's called the fiduciary rule, and it only applies to registered investment advisers as they come under the auspices of the Securities Exchange Commission, there's about three hundred and fifty thousand of those in that states, according. To the northern security administration association. Now, they're about six hundred fifty thousand financial salesman representatives, presented a regulated by the financial industry regular thirty. And they just have to do it. Suitable and it has to do what? Suitable the problem being there is whatever they have in their bag a goodies, look suitable at the given time because of that there's a lot of states right now that are pursuing their own laws. Here was an article that was written by terrorists legal Bernard for the New York Times. And she said before you pay for financial advice read this guide. Many people turned professional for financial.

Securities Exchange Commission northern security administrati New York Times salesman fiduciary Brett Bernard forty eight percent
Tesla's Elon Musk, SEC get another week to work out deal on Twitter use

The Opening Bell

00:24 sec | 2 years ago

Tesla's Elon Musk, SEC get another week to work out deal on Twitter use

"Trimming down Tesla's CEO, Elon Musk and the Securities Exchange Commission asking a federal judge to push back a deadline for resolution to their latest trade dispute earlier this month. The judge set deadline two weeks for the two sides to work out their differences, the SEC s the judge to hold musk in contempt for allegedly violating settlement both sides reported that they have made progress in believed that they can come to an understanding a given

Elon Musk Securities Exchange Commission Tesla CEO Two Weeks
"securities exchange commission" Discussed on 790 KABC

790 KABC

02:16 min | 2 years ago

"securities exchange commission" Discussed on 790 KABC

"But I trust. No one have been burned too much. What say you, Ken moraif? Robert. I love you, man. Beautiful Email, first of all I kind of take a little bit of offensively teased, boast, blah. Apart? Okay. I just want to tell you. I don't tease I don't both it on blah. It's not boasting if you can back it up. That's what I say. Anyway. So first of all as a firm, we are a fiduciary, and I want to go over with everyone the difference. Okay. So what is the do Sheree? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another as an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the the do Sheree standard. The only one that is governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They follow to the suitability rule. Okay. So they're held to the standard of you need to be provided selling somebody something that is suitable for them. Okay. But it's not necessarily your job to determine whether it's in their best interest or not. It's just whether it's suitable okay, big difference. So the do standard investment advisers are bound to juicery standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to the Dewsbury standard that requires them to put their clients interests above their own the act is very specific in defining. What the do -ciary means, and it stipulates that advise the stipulates that advisors must place their interest below that of their clients. One of our core values is our client. Benefits before we do we had that before we were ever if do share. And we've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying them for clients and are prohibited from making trades that may result in higher commissions for themselves or their firms..

fiduciary Sheree advisor Securities Exchange Commission Ken moraif Dewsbury Robert
"securities exchange commission" Discussed on KTAR 92.3FM

KTAR 92.3FM

02:44 min | 2 years ago

"securities exchange commission" Discussed on KTAR 92.3FM

"And he says why are so many financial retirement business so pushy he says, this is one company they call me every three days, and they asked me to liquidate everything even if I lose capital joins their group and a lot of them actually get angry with me when I don't jump on demand. I need I know I need help. But I trust. No one had been burned too much. What say you, Ken moraif? Robert. I love you, man. Beautiful Email, first of all I kind of take a little bit of offense to the tease, boast, blah. Apart? Okay. I just want to tell you. I don't tease I don't boasted on blah. It's not boasting if you can back it up, right? That's what I say. Anyway. So first of all as a firm, we are if the judiciary, and I want to go over with everyone the difference. Okay. So what is a fiduciary? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another as an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the fiduciary standard. The only one that has governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They follow to the suitability rule. Okay. So they're held to the standard of it. You need to be provided selling somebody something that is suitable for them. Okay. But it's not necessarily your job to determine whether it's in their best interest or not. It's just whether it's suitable okay? Big different. So the Sheree standard investment advisers are bound to juicery standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to fiduciary standard that requires them to put their clients interests above their own the act is very specific in defining. What fiduciary means, and it stipulates that advise that the stipulates the that advisors must place their interest below that of their clients. One of our core values is our client. Benefits before we do we had that before we were ever if the do. And we've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying them for clients and are prohibited from making trades that may result in higher commissions for themselves or their firms. It also means advisers must do their best to make sure investment advice is made using accurate and complete information. And that the analysis is thorough and as accurate as possible avoiding conflicts of interest.

fiduciary advisor Securities Exchange Commission Ken moraif Sheree Robert three days
"securities exchange commission" Discussed on 790 KABC

790 KABC

02:17 min | 2 years ago

"securities exchange commission" Discussed on 790 KABC

"I need I know I need help. But I trust. No one have been burned too much. What say you, Ken moraif? Robert. I love you, man. Beautiful Email, first of all I kind of take a little bit of offense to the teas boast, blah part. Okay. I just want to tell you. I don't tease, I don't boast, blah. It's not boasting if you can back it up, right? That's what I say. Anyway. So first of all as a firm, we are a fiduciary, and I want to go over with everyone the difference. Okay. So what is a fiduciary? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another as an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the fiduciary standard the only one that is governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They follow to the suitability rule. Okay. So they're held to the standard of you need to be provided selling somebody something that is suitable for them. Okay. But it's not. Not necessarily your job to determine whether it's in their best interest or not it's just whether it's suitable okay, big difference. So the dishes standard investment advisers are bound to a fiduciary standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to fiduciary standard that requires them to put their clients interests above their own the act is very specific in defining with the do Sheree means, and it stipulates that advise the stipulates that advisors must place their interest below that of their clients. One of our core values is our client benefits before we do. We had that before we were ever if the do share. We've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying them for clients and are prohibited for making trades that may result in higher commissions for themselves or their firms..

fiduciary Securities Exchange Commission advisor Ken moraif Robert Sheree
"securities exchange commission" Discussed on KFI AM 640

KFI AM 640

02:15 min | 2 years ago

"securities exchange commission" Discussed on KFI AM 640

"But I trust. No one had been burned too much. What say you, Ken moraif? Robert love you, man. Beautiful Email, first of all I kind of take a little bit of offense to the teas boast, blah. Apart? Okay. I just want to tell you. I don't tease I don't boasted on blah. It's not boasting if you can back it up, right? That's what I say. Anyway. So first of all as a firm, we are a fiduciary, and I want to go over with everyone the difference. Okay. So what is the do Sheree? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another is an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the fiduciary standard traveling in a lesion part, the only one that is governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They follow to the suitability rule. Okay. So they're held to the standard of it. You need to be provided selling somebody something that is suitable for them. Okay. But it's not necessarily your job to determine whether it's in their best interest or not. It's just whether it's suitable. Okay. Big difference. The Dewsbury standard investment advisers are bound to a fiduciary standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to fiduciary standard that requires them to put their clients interests above their own the act is very specific in defining. What fiduciary means, and it stipulates that advise the stipulates that advisors must place their interest below that of their clients. One of our core values is our client benefits before we do. We had that before we were ever if they do share. And we've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying them for clients and are prohibited from making trades that may result in higher commissions for themselves or their firms..

fiduciary advisor Securities Exchange Commission Ken moraif Robert Dewsbury Sheree
"securities exchange commission" Discussed on KTAR 92.3FM

KTAR 92.3FM

02:17 min | 2 years ago

"securities exchange commission" Discussed on KTAR 92.3FM

"I need I know I need help. But I trust. No one have been burned too much. What say you, Ken moraif? Robert. I love you, man. Beautiful Email, first of all I kinda take a little bit of offense to the teas boast, blah part. Okay. I just want to tell you. I don't tease, I don't boast on blah. It's not boasting if you can back it up, right? That's what I say. Anyway. So first of all as a firm, we are a fiduciary, and I want to go over with everyone the difference. Okay. So what is a fiduciary? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another as an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the fiduciary standard it the only one that has governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They follow to the suitability rule. Okay. So they're held to the standard of you need to be provided selling somebody something that is suitable for them. Okay. But it's not necessarily your job to determine whether it's in their best interest or not. It's just whether it's suitable. Okay. Big difference. Fiduciary standard investment advisers are bound to a fiduciary standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to the do Sheree standard. The requires them to put their clients interests above their own the act is very specific in defining. What the do -ciary means, and it stipulates that advise the stipulates that advisors must place their interest below that of their clients. One of our core values is our client benefits before we do. We had that before we were ever if the do share. We've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying them for clients and are prohibited for making trades that may result in higher commissions for themselves or their firms..

fiduciary advisor Securities Exchange Commission Ken moraif Robert Sheree
"securities exchange commission" Discussed on 790 KABC

790 KABC

02:14 min | 2 years ago

"securities exchange commission" Discussed on 790 KABC

"I need I know I need help. But I trust. No one have been burned too much. What say you, Ken moraif? Robert. I love you, man. Beautiful Email, first of all I kind of take a little bit of fence or the teas boasts, blah. Apart? Okay. I just want to tell you. I don't tease, I don't boast on blah. It's not boasting if you can back it up, right? That's what I say. Anyway. So first of all as a firm, we are a fiduciary, and I want to go over with everyone the difference. Okay. So what is the do Sheree? So there are two there's basically in the investment world. There's three kinds of people generally that you would run into one is an investment advisor, another as an investment broker and the other is a product salesperson like insurance, and that kind of thing. Okay. And there's a big difference between how they get paid. So the do Sheree standard it the only one that has governed by that our investment advisers, and that's the investment advisor act of nineteen forty brokers and insurance company sales people. They don't fall under the fiduciary rule. They fall into the suitability rule. Okay. So they're held to the standard of you need to be provided selling somebody something that is suitable for them. Okay. But it's not necessarily your job to determine whether it's in their best interest or not. It's just whether it's suitable. Okay. Big difference. Fiduciary standard investment advisers are bound to juicery standard that is regulated by the Securities Exchange Commission or state. Securities regulators both of which hold advisors to the do Sheree standard that requires them to put their clients interests above their own the act is very specific in defining what the judiciary means, and it stipulates that advise the stipulates that advisors must place their interest below that of their clients. One of our core values is our client benefits before we do. We had that before we were ever if the do share. We've been a fiduciary now for a long long time, it consists of a duty of loyalty and care, for example, advisers cannot buy securities for their accounts prior to buying done for clients and are prohibited for making trades that may result in higher.

fiduciary Sheree Securities Exchange Commission advisor Ken moraif Robert
SEC Asks Manhattan Federal Court to Hold Musk in Contempt

KDWN Programming

00:45 sec | 2 years ago

SEC Asks Manhattan Federal Court to Hold Musk in Contempt

"Stock market regulators want the fed one a federal court to hold tesla. CEO Elon Musk in contempt for violating a deal requiring him to have his tweets about key company information reviewed for potentially misleading claims now the request resurrects the dispute between the Securities Exchange Commission in mosques that was supposed to have been resolved. With a settlement five months ago. The SEC sued mosque for using Twitter to announce he secured financing for a potential buyout of tesla. Something regulators alleged was not true musk agreed to having future tweets that could affect Tesla's stock pre approved, but the securities and Exchange Commission musk did not do that on February nineteenth with a tweet projecting. The number of cars, tesla will make

Ceo Elon Musk Tesla Securities Exchange Commission Exchange Commission Twitter Five Months
"securities exchange commission" Discussed on The Bitcoin Podcast

The Bitcoin Podcast

05:38 min | 2 years ago

"securities exchange commission" Discussed on The Bitcoin Podcast

"The country is about three point five million crypto traders who conduct annual transactions to the amount of more than ninety seven billion. The majority of them are reportedly businessmen around the age of thirty. Moreover, domestic reports show that around fourteen percent of the country's young male workforce has invested in cryptocurrencies. Okay. So. We should go over to China. Jesse lovers. I mean Japan, but they love us over there. Sorry japanese. You just call. Yeah. Okay. It was accident is coming up next. It was sincere. I know. I know I know you know, that it was an accident. Okay listeners that was an accident. Shit. China's status cryptocurrencies not recognized van for trading yet. They talk about every day almost China's used to be an extremely significant player in the group of Margaret hosting substantial share bitcoin miners in twenty seventeen it was estimated fifty to seventy percent of big reminding took place in Jana Embiid goin- trading volume. However since the government's major crackdown on local changes twenty seventeen both figures have been significantly downplayed, nevertheless, one of my favorite words. China has not abandoned grouped altogether moved on to become a strictly blockchain power. Whoa. A blockchain. I'm gonna I I'm gonna click click that. China's a prime example of blockchain before bitcoin. Okay. That's that's that's for another show. The United States. Varied in depends on the agency. So the legal status vary depending on the agency and the US congress old supreme power over federal regulatory agencies such as the commodity Futures Trading Commission and the Securities Exchange Commission discharging to comply with the laws issues. However, congress has remained silent on the matter of regulating end defining cryptocurrencies, so not viewed as legal tender viewed as property with capital gains tax associated in Germany. It's private money. Which is weird. I've never experienced the country that just said, yeah, you can have your own private money. Interesting. Read cryptocurrencies are not legal tender in Germany, but they have been recognized as private money by the German finance ministry since twenty thirteen consequently any. Made through trading mining or exchanging bitcoin all kinds of subject to capital gains tax. However, according to German income tax act, the assets cryptos are held for more than one year, they become tax exempt. Oh my God. Does move to Germany. Let's go. When you want to go mile next mile tomorrow tough two weeks from Sunday to from Sunday. Let's get the hell out of here. I think it's getting no for weeks. Take me four weeks to sell everything. Okay. I'm holding to that for weeks from Sunday for. On the is that the four weeks from Sunday's that'd be the twenty fourth of February reliever. All right guys, twenty four February's our last show, we're going to Germany deliver because crypto currencies tags exempt. If we all four year. I would it be our last show like unleash the show from Germany because if we get there, and we don't have to pay taxes on private money. We are going to be too busy living fancy free to bring you guys the headlines all I have to do just by fifteen dollars worth of mangoes in Germany. You'll be fine of we can still probably only the show. Yeah. We could do the show. Maybe we'd even learn Jimin German not shipment. Their Jim we learn some German and splc Deutsche for you guys. Sorry. I just got so excited. They're not taxed on their crypto, Germany what the hell doing over here. In switzerland. The status of the cryptocurrencies their properties in South Korea, not defined yet. We know because every single week we see about thirty headlines, South Korea may think about saying some shit this week, and that's how they every every damn week. It's annoying Malta digital medium of exchange unit of account end store value multo officially calls it money as defined by economists interesting Malaysia there Securities Singapore, not legal tender unregulated. You'll go to jail they won't like you Italy, not yet regulated. And that's it. That's the whole world. All right, ma'am. I thought was beggar. No as Italy, China, Japan, Germany, the US, Switzerland and Malta that's good. Earl the world's lot more closer knit than I thought as far as smaller nowadays. Yeah. All right. Well, speaking of countries Iran seem to unveil cryptocurrency with aimed a skirt US and swift source William sue Burg coin. Telegraph seven.

Germany China South Korea United States Japan switzerland Jesse lovers Securities Exchange Commission congress German finance ministry Italy Jimin German William sue Burg Earl Jana Embiid Securities Singapore Iran van
"securities exchange commission" Discussed on Invested: The Rule #1 Podcast

Invested: The Rule #1 Podcast

04:45 min | 2 years ago

"securities exchange commission" Discussed on Invested: The Rule #1 Podcast

"To get capital into your company was to sell stock. A lot of capital was to sell stock publicly. That's why a lot of companies went public because we were cash starved. We're growing really fast. We're AT and T, and we need a lot of money to put these new things in called telephone lines everywhere and fortune to do that. And if we do that, we're gonna have a monopoly, and it's going to be amazing. And do you you? And so they go public, and they get the cash from people with the good story, and they build a telephone lines and monopoly. Okay. So that's that's the old days. Today, they do that also because they need money. So you've got a company like Uber, and lift retu- that you mentioned that are that are really seriously coming out with IPO's both of those companies are in ridesharing and both of them are trying to own the world, right? And in order to own the world, you got to keep paying out money in terms of investment in building your infrastructure and your marketplace more than you're getting back in and cash flow in the hopes that someday you can stop building the infrastructure. You can quit putting up the telephone lines and just start reaping all the cash. Yeah. Yeah. I'm curious about this statement, you made that there's ten times more private investing funds out there money funds than than public. Where are you getting never heard that where the that this is a normal pool of capital, relative to the pool of capital for PEOs? I mean, it's not surprising as you were saying just a few years ago. There are almost no IPO's. So there wasn't any money. I'm not saying that the pool itself there is no pool of IPO capital. Okay. You just go raise it. So it's hard to know what I'm saying. Let me make sure I'm not following mount of money. That was a that went into last year was dwarfed by the amount of money that went into private equity. That's a very different statement than the one you made earlier. Okay. Well, sort of the point I think the implication here is not different than what I what you sort of got from that statement. And that is that there's a lot more money available for private equity than there is frie- PEOs than other words. People would rather do private deals right now, then do public deals right now. And that's a little scary. Yeah. I'm not sure I would put it that. There's less money available for IPO's. I think there's a lot of money available. The question is do people want to deploy it for PEOs? And maybe they don't as much, but there's lots of money available. On the on the private side. There's a huge amount of venture capital angel and private equity money as you mentioned. And I completely agree with you the reason that companies used to go public and used to meaning like back in nineteen ninety nine was that they just wanted to get that sweet sweet hype yo money, and like Regan the cash, and that doesn't have the same appeal anymore because they're so many requirements on companies once they go public that guys are trying to stay private as long as they can. And as you mentioned there is enough money that they can stay private now that said there are constraints on that private money. Of course, there's constraints on any sort of investment that you take. So they I think also frankly would like to get away from the venture capital cycle is my guess. You know, there's obviously there's a place for regulation and in on. This is one of these statements where you can hear the but come in from a million miles away by resist myself. Right. But this is a really clear example of how just little pieces of regulation over many, many years on public companies have created such a brick wall of of an obstacle to go in public that now most people most companies would much prefer to stay private and that brick wall has been built one brick at a time. I the wall put up back in the nineteen thirties with with Roosevelt's administration decided they were gonna bring all public entities under one umbrella of control called the Securities Exchange Commission, and they have gradually added added added added added, you know, more and more regulations as as embarrassing things happen like Bernie Madoff as..

IPO AT Securities Exchange Commission Bernie Madoff ridesharing Regan Roosevelt
"securities exchange commission" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:50 min | 3 years ago

"securities exchange commission" Discussed on Bloomberg Radio New York

"Have at the SEC that require the public. Obligation formation on the price of shares. With again sounds like a good thing until you realize that the public feed is run by the stock exchanges who also profit. To investors which is kind of like letting born for noble run the public library. And then being surprised at the libraries in very good. So what I've said is that the SEC need to step up us? Our we've had since the depression to overstay stock exchanges and to which they can increase prices find that I I just want to say in the last two or three months under chairman Clayton leadership. We've. Very proud of that work. I think we're just getting started. You say that the structure of public markets raises questions about whether that design is best for investors. For example. Why are there so many exchanges that seem to do? Exactly the same thing. And what would you suggest specifically on how to change this? Well, a few things first of all as a former mergers and acquisition, Florida or an investment banker. I was surprised when I noticed that you were buying buying up each other continuing operating. Villas acquisition targets in the same exact business with the same exact model when I got an eight when you bought another company the whole idea was to create centerpiece not run into business alongside the existing in general. What this reflects is a real lack of competition above all the exchanges when you asked me. Specifically what we do when changes increased prices on American investors under law. They have to get the permission of the Securities Exchange Commission..

Securities Exchange Commission chairman investment banker Florida three months
"securities exchange commission" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:45 min | 3 years ago

"securities exchange commission" Discussed on Bloomberg Radio New York

"The price of shares. With again, sounds like a good thing until you realize that the public feed is run by the stock exchanges who also profit privacy to investors, which is like letting Barnes and noble run the public library, and then being surprised at the library, even very good. So what I said is that the FCC to step up? Our we've had since the depression to oversee stock exchanges and win it. Degree to which they could increase prices investors. I just want to say in the last two or three months under chairman Clayton leadership. Very proud of that work. I think we're just getting started you say that the structure of public markets raises questions about whether that design is best for investors. For example. Why are there so many exchanges that seem to do? Exactly the same thing. And what would you suggest specifically on how to change this? Well, a few things first of all as a former mergers and acquisition, Florida or an investment banker. I was surprised when I noticed that the extreme were buying up providing up each other. Continuing operating those acquisition targets in the same business with the same exact model. When you bought another company the whole idea was to create a run in the same business alongside the existing one. In general, what this reflects real lack of competition of all the exchanges. You ask me. Specifically what we need to do when you change increased prices on American investors under law. They have to get the permission of the Securities Exchange Commission for.

Barnes Securities Exchange Commission FCC chairman investment banker Florida three months
"securities exchange commission" Discussed on News Radio 690 KTSM

News Radio 690 KTSM

04:43 min | 3 years ago

"securities exchange commission" Discussed on News Radio 690 KTSM

"Well, again, you're duped you believe scam. You believe that this person is special at they're capable of doing something that no one else has been capable of doing before. And it's a shame. Oh, yeah. You've got major hedge funds right now all working to just say business. The redemptions are coming fast and furious. Hopefully, some of these people allies in up and do the right thing. Anyway, edge Armageddon. Oh, Securities Exchange Commission on to mention this going after robo advisors for the first time. Yeah. Wealth front advisors. Hedge -able misleading customers says the SEC. Yeah. We were approached while back about starting a robo advisor remark. Hausky investments, it'll be great Mr. Marc hausky, you can market through your watchdog on Wall Street show. Yeah. I know it will be great. I know it will end up making the a lot of money. What house they're going to be for the clients? Oh, well, we got Al trading algorithms, and they fill out a questionnaire. And then no. No. There's much more to this business than answering a damn question here. There's a hell of a lot more to it. Is he one of the things that we've got good at as I can tell when sometimes our clients. Are not being honest with us. I can kind of see through some things they may not want to tell us that. But it's a hard job drag it out of him. And get them to do the right thing. You computers that can do that. Now, I don't think so. Turnout was never a fan of a it's become very very popular. Just not buying it. Anyway, Wells Fargo. Again in the news. They're going to have to pay now. Oh, states five hundred seventy five million to settle some customer harm claims. This has to do with Wells Fargo sales practices. I I mean where haven't they gotten hit now? Early paid out about four billion if I'm not mistaken. And this is again, they're piling on. Well, let me scribe this at a different way. Wells Fargo is a too big to fail institution. Fubu fail institutions when they caught doing it caught doing something wrong. They have to pay up. Thank you for it. So big deal. They're not paying the people responsible. Do not pay who pays. The shareholders. Are the people that committed the crimes that put in place various different systems of illegality to rip off their customers and clients do any of them ever go to jail. Now. Never. I said listen white-collar, you're going to be a white collar criminal. You had an ethical bypass at birth. And you want to be a criminal your best bet. Go get yourself. A college degree get yourself a job at a big Bank. Because no matter what you do. Even if you're caught. You are going to get away with it. The shareholders are going to pay the fine yet. You might get fired you bike it fired. But you know, what the the the firm down the street is going to hire you that's kind of like a wink wink, nod nod type of an agreement that goes on. Yeah. I got fired from Wells Fargo. I'll go over to Morgan Stanley. Think about how the system works people. And again, ask yourself a question why in God's creation what I ever allow what are those big banks to manage my money? Why? Story after story year after year, I keep repeating myself crime after crime after crime. Nobody wants to learn. Hey, quick break right here. We get back. I gotta have a little fun. We gotta.

Wells Fargo Mr. Marc hausky Turnout Securities Exchange Commission Morgan Stanley advisor
"securities exchange commission" Discussed on KUGN 590 AM

KUGN 590 AM

04:19 min | 3 years ago

"securities exchange commission" Discussed on KUGN 590 AM

"Going. Why? Why why would anybody in their right mind? Hey. A fund manager two point five percent. Of the assets that they're managing plus expenses. And then if they just so happen to make you money, they keep twenty five percent of it. Why? Well again. You believe the scam. You believe that this person is special that they're capable of doing something that no one else has been capable of doing before. And it's a shame. But yeah, you've got major hedge funds right now all working to stay in business. The redemptions are coming fast and furious. Hopefully, some of these people wising up and do the right thing. Anyway, hedge fund Armageddon. Oh, Securities Exchange Commission going after robo advisors for the first time. Yeah. Wealth front advisors. Hedge -able misleading customers says the SEC. Yeah. We were approached while back about starting a robo advisor remark. Hausky investments, it'll be great Mr. Marc hausky, you can market it through your watchdog on Wall Street show. Yeah. I know it would be great. I know it will end up making the a lot of money. What house they're going to be for the clients? Oh, well, we got Al trading algorithms and they fill out a question here. And then no. No. There's much more to this business than answering a damn question here. There's a hell of a lot more to it. Is it one of the things that we've got good at as I can tell when sometimes our clients. Are not being honest with us. I kind of see through some things they may not want to tell us that. But it's a hard job tribe drag it out of them. And get them to do the right thing. You have computers that can do that. Now, I don't think so. I was never a fan of a it's become very very popular. Just not buying it. Anyway, Wells Fargo. Again in the news. They're going to have to pay what now oh states five hundred seventy five million to settle some customer harm claims. This has to do with Wells Fargo sales practices. I I mean where haven't they gotten hit? Now, they're already paid out about four billion if I'm not mistaken. And this is again their piling on. Well, let me describe this different white. Wells Fargo is a too big to fail institution. 'too-big-to-fail institutions when they caught get caught doing something wrong. They have to pay up. Thank you for it. So big deal. They're not paying the people responsible. Do not pay who pays. The shareholders. Are the people that committed the crimes that put in place various different systems of either gallery to rip off their customers and clients do any of them ever go to jail. Now. Never. I said listen white-collar, you're going to be a white collar criminal. If you had an ethical bypass at birth. And you want to be a criminal your best bet. Go get yourself. A college degree get yourself a job at a big Bank. Because no matter what you do. Even if you're caught. You are.

Wells Fargo Securities Exchange Commission fund manager Mr. Marc hausky advisor twenty five percent five percent
Whistleblower accuses Tesla of spying on employees at Gigafactory

KSFO Morning Show with Brian Sussman with Katie Green

00:24 sec | 3 years ago

Whistleblower accuses Tesla of spying on employees at Gigafactory

"Breaks must breaks bus cracks what is it must muskrats Plus breakdown. That's it, break break. Up so he has this. Interview with the New York Times he's laughing he's crying. He's all over? The place It's. Impacting the stock then the other story I'm over at. Yahoo finance. Well somebody's. Got to go

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SEC examining Musk's tweets on taking Tesla private: WSJ

PM Tampa Bay with Ryan Gorman

00:38 sec | 3 years ago

SEC examining Musk's tweets on taking Tesla private: WSJ

"A tweet Tesla's CEO Elon Musk is floating around the idea of taking. His electric vehicle company private and he made the announcement via Twitter. It causes Dr jump and. Now the security Exchange Commission is looking into whether tesla has. Actually secured funding and why musk chose to use Twitter. As a means of telling everyone historically public companies issue press releases on any upcoming. Big deals the, SEC will look into whether it's tweet was an attempt to go, after shortsellers those who bet his stock will fall Tuesday they lost millions of dollars when the stock climbed higher on news of going private tesla has yet to turn a profit and as far as musk is concerned, pending shareholder vote. This is, a

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