Analysis: The owners of Greater Vancouver homes with a median value of $3.7 million pay income taxes of just $15,800 – which is exceedingly low for North American cities
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The former head of the Georgian stock exchange, Giorgi Paresishvili, has been
Europe awakens from a nightmare to the ground truth
Shopoff Land Fund Investors May Be Able to File FINRA Lawsuits Against
Federal Reserve Chair Jerome Powell also finds himself in the senator’s cross-hairs
Cancer cells use sugar molecules on their surface to disable attacks by
How Stephen Smith created a financial services conglomerate from ruins. Stephen Smith went from having a negative net worth thirty years ago to presiding
In 2023, Clearco might make headlines The state of Clearco appears to be getting worse. According to rumours, CEO and co-founder Michele Romanow is
Clearco raised $23.4 million on the d-low Clearco has emerged as a poster child in Canada for former unicorns with unsustainable business practices spiralling
The 30-year-old billionaire was forced to sell his crypto firm empire on Nov. 8 to a major rival due to a cash crisis.
The former head of the Georgian stock exchange, Giorgi Paresishvili, has been hired to reform Uzbekistan's capital markets.
Crime
Attorney Stephen Owens, left, and his client Gwyneth Paltrow, in a Park City, Utah, courtroom on March 29, 2023. (Law&Crime Network) Gwyneth Paltrow’s lead attorney raised concerns about yet another camera focused on his award-winning client on Wednesday afternoon in
Jamie Hannion (Cook County Sheriff’s Office) A 22-year-old mother in Illinois has been arrested for allegedly starving her 19-month-old son to death late last year, claiming she “lacked motivation” to properly care for the toddler. Jamie Hannion was taken into
Harmony Montgomery, left, and Adam Montgomery. (Manchester, N.H. Police Department) Adam Montgomery, 32, the father of long-missing and presumed dead 5-year-old New Hampshire girl, Harmony Montgomery, was recently indicted on gun charges unrelated to his daughter’s case. Earlier this month,
Agents seized guns as part of a raid on a drug ring tied to a white supremacist prison gang. Among those arrested was the suspected ringleader, Jesse James Bailey. (Gun photo from the Drug Enforcement Administration; mugshot from Washington state
Left: Photo by: STRF/STAR MAX/IPx 2021 11/20/21 Big Business is seen at the Newport Mall in Jersey City, New Jersey on the week before Black Friday. Right: FILE – Seattle Sounders supporters fly a Black Lives Matter flag before an
Finance & Legal
The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud
The Securities and Exchange Commission today announced that Mellissa Campbell Duru has been named Deputy Director
The Securities and Exchange Commission today proposed rule changes that would improve the resilience and recovery
The Securities and Exchange Commission today announced charges against 10 microcap companies for offering and selling
The Securities and Exchange Commission today announced charges against El Segundo, California-based Red Rock Secured LLC,
Latest Stories
That night, like most nights, Phillip J. Cannella 3rd warned that the financial world was at the brink of a massive meltdown, one that would wipe out savings and crush retirees. “We’re about to enter a horrible period, crash followed by recovery,
The Securities and Exchange Commission obtained an emergency order to halt an alleged ongoing offering fraud and Ponzi-like scheme by Integrated National Resources Inc. (INR), which does business as WeedGenics, and its owners, Rolf Max Hirschmann and Patrick Earl Williams, who have
The Securities and Exchange Commission today announced that Mellissa Campbell Duru has been named Deputy Director for Legal and Regulatory Policy in the Division of Corporation Finance. Ms. Duru most recently was a Special Counsel at Covington & Burling LLP and previously
The Securities and Exchange Commission today proposed rule changes that would improve the resilience and recovery and wind-down planning of covered clearing agencies. The proposal would amend the existing rules regarding intraday margin and the use of substantive inputs to a covered
The Securities and Exchange Commission today announced charges against 10 microcap companies for offering and selling securities in unregistered offerings that failed to comply with Regulation A, which provides a limited exemption from registration under the Securities Act to allow companies to
The Securities and Exchange Commission today announced charges against El Segundo, California-based Red Rock Secured LLC, its CEO, Sean Kelly, and two of its former Senior Account Executives, Anthony Spencer and Jeffrey Ward, in connection with a fraudulent scheme that involved convincing
The Securities and Exchange Commission today announced that Amsterdam-based Koninklijke Philips N.V. will pay more than $62 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA) with respect to conduct related to its sales of medical diagnostic equipment
Firms admit to wrongdoing and agree to pay penalties in SEC’s ongoing recordkeeping initiative The Securities and Exchange Commission today charged HSBC Securities (USA) Inc. and Scotia Capital (USA) Inc. for widespread and longstanding failures by both firms and their employees to
The Securities and Exchange Commission today announced charges against investment adviser Pinnacle Advisors LLC for aiding and abetting Liquidity Rule violations by a mutual fund it advised and whose Liquidity Risk Management Program it administered. The SEC also charged the fund’s two
The Securities and Exchange Commission today announced the largest-ever award, nearly $279 million, to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions. This is the highest award in the SEC’s whistleblower program’s history, more
The Securities and Exchange Commission today announced settled charges against Fargo, North Dakota-based investment adviser Classic Asset Management LLC (CAM) and indirect part-owner and investment adviser representative Douglas G. Schmitz for breach of fiduciary duty in connection with the use of leveraged