Podcasts about sec securities

From Dublin's cloudy charm to the bizarre world of Labubu dolls, Vic and Soph cover a lot this week. They kick off with travel debates (beach club vs. ruins), before diving into one of the most unexpected stock surges of the year - and how spotting a trend like Labubu could've made you 600% richer.Then it's into something more personal: IVF and egg freezing. Soph opens up about her own experience, while Vic breaks down why the fertility industry is booming and what the Monash embryo mistake means for investing in this space.They also touch on how feedback shapes the podcast, the evolving value of interviews, and that now-infamous “girls are fighting” comment. Plus, US politicians' suspicious stock moves, mega-CEO paydays, and a quick shoutout to the incredible Emily.This one's part chit-chat, part curveball headlines, and part financial deep-dive - with a side of egg freezing quiz in the show notes.________________If you've been meaning to finally do something with your money and build confidence with investing, join us for our investing bootcamp that kicks off on the 23rd June!You'll learn:How to split your pay and manage your moneyThe foundations of investing (without the jargon)How to actually get started - and stay consistentYou'll get access to: Our brand new Money + Investing Course2x live sessions with VicA private community of new investorsTools + tips to grow a strong, diversified portfolio12 months access to The Investing ClubClick here to join!________________WTF Does That Mean? A Guide to All the Jargony Bits________________LabubuA collectible toy character designed by a Hong Kong artist, made popular through blind-box unboxing culture. It's become a viral sensation, with some rare versions selling for thousands.Blind BoxA packaging style where the specific item inside isn't revealed until it's opened. Common in collectible toys and figures, often used to encourage repeat purchases.Pop MartA publicly listed Chinese company that owns and distributes Labubu and other collectible figures. It's behind the booming success of the Labubu trend.IVF (In Vitro Fertilisation)A medical procedure used to help people conceive a child. Eggs are fertilised by sperm outside the body and then implanted into the uterus.Egg FreezingA fertility preservation method where a woman's eggs are extracted, frozen, and stored for future use.Insider TradingThe illegal practice of trading stocks or other securities based on material, non-public information—like confidential plans or upcoming announcements.SEC (Securities and Exchange Commission)A U.S. government agency that regulates the securities markets and enforces laws against market manipulation and insider trading.ETF (Exchange-Traded Fund)A type of investment fund that's traded on stock exchanges, like a stock. It holds a collection of assets (e.g., stocks, bonds) and can track specific sectors or trends.S&P 500An index of the 500 largest publicly traded companies in the U.S., often used as a benchmark for the overall performance of the stock market.________________Egg Freezing Survey________________The Curve Investing Club Free Trial________________⁠⁠⁠Leave us a message on The Curve Hotline

"A premiere true American...with integrity in all his pursuits.”SponsorsRoutable - http://ohmyfraud.promo/routableRightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF)(00:00) - Introduction and CPE Credit Information (01:30) - Welcome to Oh My Fraud (02:34) - Listener's Confession (06:15) - The Story of William Neil Gallagher Begins (08:07) - The Rise of Gallagher Financial Group (20:04) - The Investigation Begins (21:19) - Uncovering the Ponzi Scheme (26:52) - Gallagher's Downfall and Legal Consequences (35:37) - The Aftermath and Lessons Learned (42:55) - Conclusion and Final Thoughts HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appJoin Caleb and Greg live in New Jersey NJCPA Convention & Expo [NJCPA]CONNECT WITH CALEBTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources:Cleansing of the Temple [Wikipedia]Money Doctor Neil Gallagher Gets a Bad Checkup [D Magazine]The Texas Preacher's $24 Million Ponzi Scheme [Bloomberg]The Money Doctor — Parts I and II [The Perfect Scam]Securities and Exchange Commission v. William Neil "Doc" Gallagher, Gallagher Financial Group, Inc., and W. Neil Gallagher, Ph.D. Agency, Inc. [SEC]Securities and Exchange Commission v. William Neil “Doc” Gallagher [PACER, Case 3:19-cv-00575-K, retrieved March 13, 2025, SEC]One of D-FW's best-known financial advisers is in Dallas County jail, with bail set at $1 million [Dallas Morning News]Confession [The State of Texas v. William Neil Gallagher]William Neil 'Doc' Gallagher: Sentenced to 25 Years, $10.3 Million Restitution [Texas State Securities Board]13 things you need to know about Doc Gallagher, the Bernie Madoff of North Texas [Dallas Morning News]A Christian talk show host promised to enrich clients. His Ponzi scheme bilked them out of millions. [Washington Post]Now that prosecutors have put Doc Gallagher in prison for life, focus turns to his mistress [Dallas Morning News]Mistress of "Doc" Gallagher Sentenced to Life in Prison [Tarrant County, Texas]RECEIVER'S INITIAL STATUS REPORT AND FIRST QUARTERLY REPORT [GFG Receivership]The Money Doctor [Bloomberg Investigates]Gallagher Financial Group Receivership [GFG Receivership]

On a sunny May morning in 1947, a doctor from San Antonio ambushed Willard York and his family near New Braunfels, Texas. The doctor's plan to kill the entire family failed when 13-year-old Ann York escaped. Investigators found that both the shooter and Mr. York faced financial troubles, raising questions about whether the attack stemmed from revenge or a mental breakdown, as the doctor claimed he could not remember the incident. Want more Southern Mysteries?  Hear the Southern Mysteries show archive of 60+ episodes along with Patron exclusive podcast, Audacious: Tales of American Crime and more when you become a patron of the show. You can immediately access exclusive content now at patreon.com/southernmysteries Connect Website: southernmysteries.com Facebook: Southern Mysteries Podcast Instagram: @southernmysteries Email: southernmysteriespodcast@gmail.com  Episode Sources Fort Worth Star-Telegram: San Antonio Broker's Hearing Here April 17, April 11, 1947 Shamokin News-Dispatch: Girl Identifies Texas Physician as Slayer of Four, May 25,1947 Valley Morning Star: Arraignment of Dr. Ross In Killing of W. York Postponed. May 27, 1947 Corpus Christi Caller-Times: SEC Drops Action Against Broker Willard H. York, June 24, 1947 The Tribune: Venue Change Given in York Murder Trial, September 13, 1947 Corsicana Daily Sun: Girl Survivor of Shooting Says Dr. Ross Slayer of 4, October 16, 1947 Fort Worth Star-Telegram: State Rests Its Case at Ross Trial, October 17, 1947 Fort Worth Star-Telegram: Ross ‘Scared' Her, Patient Tells Court, October 18, 1947 The Tyler Courier-Times: Ross' Claim Money Taken is Revealed, Oct 19, 1947 Corsicana Semi-Weekly Light: Other Doctors Tell Jury Ross “Insane” on Shooting Date, Oct 21, 1947 Lubbock Morning Avalanche: Ross is Given Death Penalty for Slaying, October 24, 1947 The Salem News: Rule Doctor in Murder is Insane, June 17, 1949 The Brownsville Herald: Court Affirms Damages to York Family, June 19, 1950 Fort Worth Star-Telegram: Doctor Denied Writ of Error, October 5, 1950 Lubbock Morning Avalanche: Board Allows Death Sentence to Stand for Dr. Lloyd Ross, August 7, 1957 Case Text: Ross v. York, 233 S.W.2d 347 (Tex. Civ. App. 1950) Daily News: JUSTICE STORY: Betrayal at the hands of Dr. Death, March 21, 2020 History.com: SEC: Securities and Exchange Commission FindAGrave.com: Dr. Lloyd I. Ross FindAGrave.com: Gertrude Ann York Episode Music Out of the Mines, courtesy of Ross Gentry, Asheville, North Carolina.

A Ton Chain (The Open Network) é uma blockchain de alta velocidade e escalabilidade originalmente concebida pelos fundadores do Telegram, Pavel e Nikolai Durov. Criada para ser uma plataforma de nova geração, a Ton Chain foi projetada para suportar um ecossistema descentralizado que incluísse desde pagamentos digitais até contratos inteligentes complexos, permitindo a construção de DApps (aplicativos descentralizados) em uma rede robusta e eficiente. A Ton Chain se destaca por sua integração nativa com o Telegram, oferecendo a possibilidade de criar uma internet aberta, onde a comunicação e o pagamento fluam em harmonia. No entanto, o projeto inicial enfrentou um grande obstáculo em 2019, quando a SEC (Securities and Exchange Commission) dos Estados Unidos bloqueou o lançamento do token GRAM, a criptomoeda nativa do projeto. O órgão regulador alegou que o Telegram havia realizado uma oferta de valores mobiliários não registrada, ao arrecadar cerca de US$ 1,7 bilhão através de uma ICO (Initial Coin Offering). A SEC argumentou que os tokens GRAM eram essencialmente títulos, e portanto, precisavam seguir as rígidas regras de registro nos EUA. Isso culminou em uma longa batalha judicial que resultou no Telegram sendo proibido de lançar a moeda e tendo que devolver grande parte dos recursos arrecadados aos investidores. Com o impasse jurídico e a impossibilidade de seguir adiante com o projeto oficialmente, os fundadores do Telegram decidiram se afastar da Ton Chain. No entanto, a rede TON não morreu. A comunidade de desenvolvedores assumiu o projeto, que foi aberto em código-fonte livre, permitindo a criação de um ambiente colaborativo para continuar o desenvolvimento da blockchain. Esse movimento resultou em uma nova fase para a Ton Chain, agora operada de forma descentralizada e desenvolvida por entusiastas e empresas independentes. Graças à abertura do código, a Ton Chain está se expandindo rapidamente, com desenvolvedores criando DApps, serviços financeiros descentralizados e outros aplicativos diretamente compatíveis com o Telegram. A integração nativa com o aplicativo de mensagens facilita a utilização da blockchain e de seus serviços, trazendo um grande diferencial ao ecossistema Ton. Hoje, a Ton Chain está emergindo como uma plataforma robusta para a criação de soluções descentralizadas, impulsionada por uma comunidade ativa e focada em inovação. ✅ Veja aqui todos os links importantes mencionados no video além de cursos, site de noticias, apoiadores, documentários e também nossas mídias sociais. https://linktr.ee/BitcoinBlock

Ce 749ème épisode du NFT Morning marque le retour de Me Ingrid-Mery Haziot pour sa chronique juridique.Aujourd'hui elle est accompagnée de Me Arnaud Touati et ensemble ils sont revenus sur plusieurs dossiers juridiques qui ont marqué cet été. Retrouvez le replay vidéo ici:Un des principaux sujets abordés a été l'arrêt soudain du projet NFT de Lacoste, qui a déclenché un débat sur les obligations des marques vis-à-vis de leur communauté dans l'univers Web3. Le projet, qui promettait des avantages exclusifs aux détenteurs de NFTs, a été brusquement interrompu, provoquant un sentiment de méfiance et des accusations de la part de certains détenteurs des NFT Lacoste.Un autre dossier marquant concernait la vente du Cryptopunk #2386 sur la plateforme de fractionnalisation Niftex pour seulement 10 ETH, alors qu'il est estimé 60 fois plus. Cette affaire a soulevé des questions sur les risques de la fractionnalisation des NFTs et les protections offertes aux investisseurs dans de tels cas.Les avocats ont également discuté des avancées autour de la régulation MiCA et des récentes actions de la SEC (Securities and Exchange Commission) contre des plateformes comme OpenSea. La SEC a commencé à réguler certains NFTs comme des titres financiers, ce qui pourrait avoir de lourdes conséquences sur les plateformes et collections qui ne respectent pas ces nouvelles exigences.Pour en savoir plus :Ingrid-Mery Haziot, vous pouvez visiter son profil sur le site d'Avant-Garde Avocats ou son LinkedIn. Quant à Me Arnaud Touati, vous trouverez son LinkedIn ici et ainsi que son site internet. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.nftmorning.com

Le Bitcoin frôle les 100.000 dollars après la démission de Gary Gensler, patron de la SEC. Sous la pression de Donald Trump, ce départ pourrait marquer un tournant pour les cryptos, entre envolée des marchés et craintes d'un retour des "barons voleurs". C'est officiel : Gary Gensler, le patron de la SEC (Securities and Exchange Commission), a démissionné. Ce nom ne vous dit peut-être rien, mais son départ a électrisé le petit monde de la cryptomonnaie. Pour rappel, la SEC est l'autorité qui régule les marchés financiers américains, autrement dit, le gendarme de la Bourse. À son arrivée en avril 2021, le Bitcoin a subi une chute de 50% en trois mois. Une coïncidence ? Pas vraiment. Gensler n'a jamais caché son hostilité envers le secteur des cryptomonnaies, allant jusqu'à déclarer : " Je n'ai jamais vu un secteur aussi peu respectueux de la loi. " Sa démission a été accueillie comme une victoire par les adeptes des cryptos. La réaction des marchés ne s'est pas fait attendre : le Bitcoin a bondi de 3%, flirtant avec la barre symbolique des 100.000 dollars. Mais pourquoi Gensler quitte-t-il ses fonctions alors que son mandat court jusqu'en 2026 ? La réponse tient en deux mots : Donald Trump. Entre revirement stratégique, les affaires en coulisses, la confusion des genres… Mots-Clés : Ironie, sort, défenseur, cryptomonnaies, arnaque, campagne, discours, fervents avocats, résultat, élection, amateurs discrets, fils, Eric, Donald Jr, start-up, secteur, société Trump Media, pourparlers, rachat, courtier, président des États-Unis, intérêt financier, direct, montée, puissance des cryptos, déréglementer, secteur, règles, perspective, observateurs, magazine britannique, The Economist, industriels, XIXe siècle, fortunes colossales, exploiter, failles, système, éditorial, risque, gestion, pays, affaires personnelles, proches, postes clés, enrichissement, spectaculaire, entourage, transparence, nouvel eldorado, investisseurs audacieux, commandes, paysage financier mondial, bouleversements majeurs, révolution, poignée de privilégiés. --- La chronique économique d'Amid Faljaoui, tous les jours à 8h30 et à 17h30. Merci pour votre écoute Pour écouter Classic 21 à tout moment i: https://www.rtbf.be/radio/liveradio/classic21 ou sur l'app Radioplayer Belgique Retrouvez tous les épisodes de La chronique économique sur notre plateforme Auvio.be :https://auvio.rtbf.be/emission/802 Et si vous avez apprécié ce podcast, n'hésitez pas à nous donner des étoiles ou des commentaires, cela nous aide à le faire connaître plus largement. Découvrez nos autres podcasts : Le journal du Rock : https://audmns.com/VCRYfsPComic Street (BD) https://audmns.com/oIcpwibLa chronique économique : https://audmns.com/NXWNCrAHey Teacher : https://audmns.com/CIeSInQHistoires sombres du rock : https://audmns.com/ebcGgvkCollection 21 : https://audmns.com/AUdgDqHMystères et Rock'n Roll : https://audmns.com/pCrZihuLa mauvaise oreille de Freddy Tougaux : https://audmns.com/PlXQOEJRock&Sciences : https://audmns.com/lQLdKWRCook as You Are: https://audmns.com/MrmqALPNobody Knows : https://audmns.com/pnuJUlDPlein Ecran : https://audmns.com/gEmXiKzRadio Caroline : https://audmns.com/WccemSkAinsi que nos séries :Rock Icons : https://audmns.com/pcmKXZHRock'n Roll Heroes: https://audmns.com/bXtHJucFever (Erotique) : https://audmns.com/MEWEOLpEt découvrez nos animateurs dans cette série Close to You : https://audmns.com/QfFankx

On todays episode, Brenda speaks with Marcia Dawood. Marcia is a passionate advocate for positive change in empowering and educating everyone on how to invest. Her book "Do Good While Doing Well – Invest For Change, Reap Financial Rewards and Increase Your Happiness", is due out in September 2024 and this episode provides previews to our listeners.  Brenda and Marcia speak about Purpose: Doing Good While Doing Well. How Marcia lives her purpose is as an author, host of the podcast The Angel Next Door, Chair Emeritus of (ACA)Angel Capital Association, the global professional society for angel investors, and on the board of Stella, a non-profit that supports female entrepreneurs. She is also a Venture partner at Mindshift Capital, and she currently serves on the SEC Securities and Exchange Commission's Small Business Capital Formation Advisory Committee.  You can find out more about Marcia at: https://www.linkedin.com/in/marciadawood/ marcia@marciadawood.com Watch her Tedx Talk here Order her Book here Interview with Catherine Gray host of She Angels Series- Invest in Her: You can subscribe to Next Act Advisors at https://nextactadvisors.com/product/subscriptions/ and be sure to use the special discount code "sandbox25" for friends of The Founder's Sandbox for 25% off your subscription.   Transcript: 00:04 We're standing on the edge of something big. We're going to make some changes. Hi, I'm pleased to announce something very special to me, a new subscription-based service through Next Act Advisors that allows members exclusive access to personal industry insights and bespoke 00:32 corporate governance knowledge. This comes in the form of blogs, personal book recommendations, and early access to the founder's sandbox podcast episodes before they released to the public. If you want more white glove information on building your startup with information like what was in today's episode, sign up with the link in the show notes to enjoy being a special member of Next Act Advisors. 01:01 As a thank you to Founders Sandbox listeners, you can use code SANDBOX25 at checkout to enjoy 25% off your membership costs. Thank you. 01:18 So welcome back to the Founder's Sandbox. I am Brenda McCabe, host of this monthly podcast now in its third season. This monthly podcast that reaches entrepreneurs and entrepreneurs and business owners who learn about building resilience, scalable and sustainable businesses with great corporate governance. I want to assist entrepreneurs and entrepreneurs in building those scalable, well-governed and resilient businesses. And by way of 01:47 inviting guests to the podcast who are themselves founders, business owners, corporate directors, investors, and professional service providers who also share my mission, which is using the power of the private enterprise, be that small meeting at large to create change for a better world. Through storytelling with my guests on topics that are going to include resilience, purpose-driven, and sustainable growth, 02:16 My goal through this podcast is to provide a fun sandbox environment where we can equip one startup founder at a time to build a better world through great corporate governance. I'm absolutely delighted today. My guest is Marsha Dalwood. She's joining the podcast. She checks a lot of boxes, but she's today joining as a passionate advocate for positive change by empowering and educating 02:45 everyone on how to invest. So when I met Marcia back in February through one of our events with Ty So Kow, she had launched or was speaking about launching her book that's coming out on September 10th, Do Good While Doing Well, Invest for Change, Reap Financial Rewards, and Increase Your Happiness. I couldn't help but ask her to be a guest because she also has 03:14 passion or a mission, and that is for positive change. And one of many things she's done is authoring this book, which we'll get into a sneak preview of the contents of this book before its launch on September 10th, 2024. I like to choose a title with my guests that are around purpose or sustainability or resilience. And we chose a title for this episode 03:43 which is purpose, do good while doing well. So thank you today for joining me, Marcia. So happy to have you here in the Founder Sandbox. Oh, I'm so happy to be here. Excellent. So, you know, our paths crossed, I mentioned it earlier at the Thai SoCal chapter, the Indus Entrepreneurs SoCal chapter, where you spoke recently on some of the data coming out 04:13 the Angel Capital Association, as well as your role with the SEC. Before I get into my first question, I did want to give my listeners your entire background, your biography. It's very impressive and very extensive. You live your purpose as a multifaceted professional, your author of the book that I just mentioned, Do Good While Doing Well. 04:43 You are also a host of a podcast, The Angel Next Door. You are chair emeritus of Angel Capital Association, ACA. It's a global professional society for angel investors. And you're on the board of Stella, a nonprofit that supports female entrepreneurs. You're also a venture partner at MindShift Capital, and you currently serve on the SEC. 05:10 Securities and Exchange Commission's Small Business Capital Formation Advisory Committee. So thank you for bringing your expertise here into this podcast today. Well, thank you for having me. So can you share for my listeners some of the highlights you walked us through in February while distinguishing the role of an angel investor, a range of fund groups versus VC? 05:37 I mean, some of the trends you're seeing in the markets. Sure. Well, to put it very basically, an angel investor is somebody who writes checks out of their own checkbook. A venture capitalist will pool funds from other people, so they're using other people's money. And therefore, they're held to certain standards, and they're held to certain financial returns that their investors are expecting. 06:06 So angels, while we also of course would love and expect a financial return, we invest in the things that we really care about and are very passionate about. And we don't necessarily have the same time horizons and the same guidelines that venture capitalists do, which makes us a little bit more plausible for being immutable for being able to do certain things and invest in the way that we want to. So, 06:34 Over the last two years, especially maybe even going on two and a half now, the market has been very challenging for entrepreneurs to fundraise at any stage. The market has been very challenging for exits and liquidity. So angel investing or investing in early stage private companies means that you're investing in a company that is not. 07:01 publicly traded on the stock market, like you would see a stock like Apple or something like that. Got it. In order for the investor to have any type of liquidity, there has to be an event. Either the company is sold, or in rare instances, the company would go onto a public stock market, or an IPO, as we call it. So in those particular instances, when there is liquidity, then that money can in a way 07:30 can oftentimes be put back into the startup scene, the entrepreneurial ecosystem, as we call it. And a lot of times, investors will take any money that they do get as a gain from a previous investment and put it into other startup companies so that that capital can keep flowing. That's kind of the whole idea behind as people are getting returns. So that's really the biggest difference between an angel investor and a venture capitalist. 08:00 But right now it's been challenging for everyone because of this lack of liquidity that we've been seeing in the marketplace for the last two and a half years. Now we do think that there's been some talk that that market is gonna start to open up a little bit more. We will see more M&A activity. And if that's the case, then hopefully we will start to see more liquidity and then there will be more capital for investing. And 08:26 as an asset class, right? Angel investing. And with your role as chair emeritus and while you were also chair of ACA, what spurred you to write about angel investing, right? Is this the culmination of your years of experience? Walk my listeners through what made you take the time to actually write a book, do good while doing well. 08:52 Yeah, I think it was out of frustration more than anything. I would talk to people, even neighbors, friends, people I would meet at an event. And I would say, yeah, I'm an angel investor. I help early stage companies. And they were like, wow, that seems really interesting. And I would say, well, you could be an angel investor too. And they would be like, me? I could be an angel investor? I thought that was only for the rich and well-connected. 09:22 that isn't something I could do. I don't know anything about that. I don't have a degree in finance. I don't really think that's for me. So it wasn't that they didn't want to do it. They really just didn't believe that it was something that they were able to do in a way, either from a wealth or income standpoint or from a knowledge standpoint. So I thought, wait a minute, I think there's an awareness problem here because we have all these amazing entrepreneurs. They're building incredible innovations that the world needs. 09:52 But they're really struggling. I mean, struggling with fundraising. And it's one of the hardest things that they end up doing. And it's like a full-time job on top of the full-time job of them trying to build this company. So wait a minute, how can we fix this problem? Well, we could fix the problem if more people got involved and became investors, but that seems daunting. 10:17 So I thought, well, how can I help people realize that that doesn't really have to be quite so daunting? And you can kind of nowadays because of a lot of the regulatory changes that have happened in the last eight to 10 years, you can maybe step your way into it and really start to learn with basically putting less money at risk and you're gaining knowledge at the same time. You can also be a mentor to startup companies. That's become very popular and needed in the last several years. 10:46 All of these things that people don't really know about, that was what I was trying to do, demystify it. Right. And if you had to provide a sneak preview on the gut of your book, what would that be? Set takeaway. And who should be your target audience? Is it just the, is it actually entrepreneurs or is it those people that are just kind of wanting to become more informed around the asset class? Yeah, great question. 11:16 So I wrote the book for people who want to make a difference, but they just don't know how one person alone can do that. Okay. I think you feel that charity is a great way to give back, which of course it is, but they have no idea that this asset class also exists in a way that you can give back and potentially get a financial return at the same time. So that's really who I wrote the book for. As far as a sneak peek as to what's in the book, it is a Y2 book. 11:45 about angel investing. So I saw that there were several books out there and some of them are really amazing on how to angel invest. And most, if not all of them, have the words angel investing in the title. I thought to myself, wait a minute, if somebody really wants to learn about this, but they don't even know that it exists or that it's accessible to them, why would they ever pick up a book on how to be an angel investor? Because this has never even crossed their radar. So how can I attract them? 12:14 to think about things in a different way, to think about how they might use some of their capital in a different way. And when I say capital, I don't just mean money. It can be their human capital, their time. They could be helping an entrepreneur through mentorship. How can they start to look at the resources that they have in order to help grow innovative companies? How can they think about that differently so that they will want to then go and help either people in their local community and in their local area? 12:44 or maybe even startups nationwide or globally. I did watch your TEDx talk and I really do like how you have positioned the asset class or why is angel investing important if you want to make a difference versus charitable giving. And in your TEDx talk that will be in the show notes, you illustrated that extremely well. 13:13 That's very unique. Yes, thank you. And I really want people to donate to charity, help charities, that's fantastic. But we've put such a burden on them and they don't have the resources. They don't have the ability to actually take some of these innovations forward. We need those for-profit companies too. And when you look at the amount of charitable giving that happens in the U.S. annually, it's about 475. 13:41 billion, which is a lot of money. And that's wonderful. But that is equivalent to only about 1% of the value of the US stock market. So when we put things into perspective, it's really not doing any of these nonprofits of good service to say that we're going to put the burden all on you. And what is the size currently of the asset class as angel investing per ACA? Well, pretty much, if you look at the SEC data, 14:10 The most recent data has around $30 billion is where the angel asset class kind of lands. And then from there, we can look at that as far as there's angel groups, there's angel funds, and then there are individual angels. I tend to be a pretty big proponent and fan of angel funds. It allows somebody to put in a certain amount of money and nowadays it does not have to be 14:39 a quarter of a million dollars or any crazy big amount, they could put in a couple thousand dollars and get access to a diversified portfolio, which would allow them to spread their risk and not necessarily put all their eggs in one basket, as you would say. Right, right. Let's kind of switch gears here. While not entirely leaving your experience behind from ACA, you're currently, so you, 15:09 are you've had many women leadership roles, right? Now, whether you got there as a woman, I don't believe so, but what you've had many women leadership roles, most recent, well, maybe the most, I think, relevant for this podcast is you are currently an advisor to the SEC's... 15:34 Small Business Capital Formation Advisory Committee. Now getting there, and it really ties in well with corporate governance and how to do things, well informed with data so as to provide our regulatory structures or financial or legal with guidance and you're representing the small business world. Are you the only woman on the advisory committee? Talk to me through some of the women leadership roles you have had and 16:04 how you've obtained them and how you are opening opportunities for other women leaders. Yeah. So I have been on the investment committee of several funds. Okay. We were specifically focused on helping to get capital to female founders. If you look at the data over the last several years, although in angel world, it is improving in the venture capital world. And when you for the bigger dollars that companies really need to scale. 16:34 The statistics show it's been, you know, two to 3% of the funding goes to women and the rest goes to male led companies. So I've really been trying to help change that. And one of the ways to change that is to get the check writers or the people making the decisions about where the money goes to be more diverse. So to me, it was important to serve on some of these different investment committees for various funds, help with angel groups. 17:03 member of Golden Seeds, which invests only in women-led companies. I'm also a venture partner for MindShift Capital, where we invest in women-led companies globally. So those were things that were important to me. At the Angel Capital Association, I also started with a couple of my peers. We started a group called Growing Women's Capital. It's a peer group within the Angel Capital Association, where we help bring focus and attention to the female founders who are fundraising at the time. 17:33 And so those were all things that were important to me. As far as getting to be able to participate on the SEC's advisory committee, that's been great. And it is an extremely diverse committee, which I absolutely love. There's really representation there from men, women, racial disabilities, I mean, everything so that every group, I feel has a voice at the table because we're trying to represent 18:03 small businesses across the country. And that doesn't necessarily always mean startups, startups are scale businesses that people would want to invest in. But we also have people on the committee who are representing your Main Street businesses as well, coffee shops, things like that. Excellent. And the, can you talk a little bit about Stella? It's also. 18:30 a nonprofit group in which you've been involved, I think, since its inception. I have definitely been a champion and a supporter for Stella since its inception. I've only been on the board for a very short period of time. But the organization is really wonderful. They have done a lot as far as entrepreneurial education for women. They have an archive on their website of different. 18:58 different educational materials. They have an accelerator. They're always promoting ways that more female founders can get in front of investors. So they're doing some really good work over there. Can you get into a bit what is your role on the Small Business Capital Formation Advisory Committee? How often do you guys meet? What is the agenda? And what is the term? Because this is just one of many. 19:28 advisory committees under the auspices of the SEC? I'm just fascinated on what is the actual governance around that. Sure. So it's a four-year term, and I'm one year in as of now. We meet quarterly, usually in person at the offices in Washington, DC. Sometimes we meet virtually. It just kind of depends on the situation, but usually we meet in person. Meetings are all recorded. 19:56 and broadcast live over the SEC's website. So anyone who wanted to go back and watch any of the meetings, or if you wanted to watch any of the future meetings live, that is absolutely doable. They're always listed on sec.gov, the website. So the role is really for us to be able to help the commission get a better sense of what's happening, kind of boots on the ground. 20:26 So each of us has a little bit of a different angle for how we represent small businesses. I of course come with the angel investing lens. There's another person on the committee who has a debt crowdfunding platform that he founded. And that's a very interesting perspective since that's something that's kind of newer to the state of how entrepreneurs can fundraise. So we're all. 20:54 trying to have basically a conversation about some of the challenges that entrepreneurs face when it comes to fundraising. And one of the things that we tackled quite heavily, at least for the first few meetings that I was involved in was the accredited investor definition. Got it. As it stands right now, to be an accredited investor means you have to have a certain level of wealth or income, $200,000 by yourself, 300,000 with a partner. 21:23 or a million dollars in net worth minus your home. And there was talk or has been talk that that could be indexed or changed or raised. And we did some rough calculations at the Angel Capital Association. There were also calculations done, then I don't remember the exact numbers, but you could go even go back and watch our meeting on sec.gov and you'd be able to see that, but it would eliminate. 21:47 a lot of the people who were already angel investors. And we only have about 300,000 angel investors in the country. And remember, there's about 330 million of us here that live in the US. So, there's a lot of opportunity, let's just say that. And if we started to eliminate the ability for people to participate based on an income or wealth level, that would be challenging. And it would make fundraising for entrepreneurs even that much harder. 22:14 So what we suggested in one of the, and you can actually see the recommendation that we made on the SEC's website, but we made a recommendation to say, hey, how about we don't actually focus so much on income and wealth and we focus more on education. And we'd like to see there be an education component that would allow for more people to be able to participate in this asset class. And the Angel Capital Association has put in 22:43 And I think there were some others as well who have put in some proposals to say, hey, we could help with this. So that's kind of where we are right now. Right. And as emeritus chair of the ACA, can you talk about some of the innovations that have come out recently? You've talked about angel funds. I'd like you to talk. You've talked a little bit now about credit investor and the definition of your work at the SEC. 23:13 But the recent publication, I'm a member of ACA, attended the annual summit this year. I found the work that you've done on the actual convertible note form for the angel investment is fascinating. Can you talk a little bit more about that? Sure. So there are documents that were put out by the National Venture Capital Association years ago 23:42 companies who want to fundraise to use those documents for a priced round. Of course, that would be for actual equity, you're selling shares of your company, that kind of thing. And those are great. And very, very helpful to entrepreneurs, because I think in some cases, it can save them a lot of time and money in legal costs. However, there wasn't really anything out there that could be used for convertible notes. 24:09 Safes, yes, there is a kind of a standard safe note that people view and that has also saved entrepreneurs time and money, but the Angel Capital Association was interested in putting something out that was like that, but in the convertible note form that was more, quote unquote standard or something that, at least a starting point for entrepreneurs so they didn't have to start from scratch or have to go to an attorney and have them draw up all kinds of paperwork. So yeah, and that's available on the ACA's website. 24:40 So this which gears back to one of your other facets. You are associate producer of a film called Show Her the Money. I first heard of it through, I guess meeting in February and the Thai SoCal chapter on September 19th will be actually screening this film. 25:09 in conjunction with a global competition for women led company. So I'm, when I, um, learned that you would join me as a guest, um, of the podcast, I was delighted to get kind of a scoop also about show her the money, how you got involved as associate producer and what can we expect? Yeah, it turned out to be a tremendous film. 25:35 Catherine Gray and Kai Dickens, who put it all together, Kai Dickens, the director, it was Catherine Gray's idea, have really done a tremendous job of showcasing through storytelling the problem and bringing more awareness to this problem. So Catherine Gray and I met after somebody saw my TED Talk and saw hers and said, hey, do you guys know you're talking about almost exactly the same thing? 26:02 know each other. And this was at the time right before the film came out that Katherine was still looking for a few investors. And so I myself and a couple other angels that I know we, we kind of helped fill that round up so that she could move the move the film forward. And we've been on a 50 city tour that's now turning into probably close to 100 cities. Katherine's been such a trooper. She has really gone to a lot. 26:30 a lot of the screenings. I've gone to several, but it's a lot to kind of go city to city almost, I mean, there's nowadays, there's a showing almost every day in different places around the country. So there, we try to have at least someone from the film or an associate producer there at each of the screenings, but it's really been fun to showcase it. 26:54 We always have a panel afterward and we get questions from the audience. We let the audience kind of, you know, give their comments and what they're thinking about it. And the, I mean, the feedback has just been tremendous. And will there be a sequel? That's a good question. There's a lot of talk about a lot of different types of things, so you never know. Right, excellent. So you heard it here on the Founder's Sandbox. Marsha Dawood is actually. 27:22 Associate producer of a film, Show Her the Money. The Thai SoCal chapter will be screening the film on September 19th at Noah House here in Hollywood, Los Angeles, so very exciting. Well, Marcia, I like to have a part of my podcast where my listeners can learn about how to contact you. They will be, you have many touch points, but what would you... 27:51 suggest as some of the best ways to get in contact with you? Well, I would just say go to my website, which is simply marshadalwood.com. You can learn about all kinds of things. I have lots of free resources there. Currently, you can even download a free chapter of the book as a preview. Oh, to do that, they can do that. And of course, I have everything, I linked everything on there, including the TEDx talk in Charlotte. I did do a rap battle. I don't 28:20 Did you do a rap battle? I did a rap battle called Angel Investor versus Venture Capitalist. Because I was watching YouTube with my step sons one day and we saw a rap battle between Snow White and Elsa. I thought, well, that's clever. And that's a cute way to like kind of get a message across. 28:44 maybe I could do a rap battle about an angel investor versus a venture capitalist just so that people would kind of have a better understanding of what the differences are. So one day I just sat there, this was before chat GPT, and kind of wrote it out, you know, like what it would be. And, and of course, I'm cracking myself up the whole time. And because I was like, Oh, that's funny, you know, how can we make that, you know, more clever? So anyway, 29:13 I debuted it at one of the ACA summits a couple of years ago, but that's all I can say to you. Excellent. So in the show notes, you will have access to the TED Talk, the order online of Marsha Doudwood's new book, and you have your podcast, the Angel Next Door podcast. And who do you invite there? Well, I saw a need about three years ago. That's when I started it. 29:42 that there really wasn't anybody talking about how do you become an angel? Or how would you help a company with either mentoring or helping them with investing? There's a lot of podcasts out there about entrepreneurship, lots of things about pitching, raising money, how did you build your business? And they were great, I like all of them. But I was really seeing a need for how can we showcase this, an angel. 30:08 that can be anybody, it can be your next door neighbor. So that's kind of how the title came about. And on the podcast, I have people who are angel investors who are just telling their story about why and how they became an angel investor, how they learned about it. But from there, it's kind of spun into other things. I've had four Congress people on talking about small business in their community and why it's important and what they're doing in Congress in order to help to... 30:38 spur economic development. I've also had two of the SEC commissioners on, which is fun to go through what they're thinking about and the changes that could potentially also help entrepreneurs. And then I've had several people come on who were experts in areas like equity crowdfunding, debt crowdfunding, revenue-based financing. 31:00 And then of course, one of the things that angels always wanna know about are tax benefits, even though taxes sometimes seems like a boring topic, taxes are something that everybody really needs to know about and there are several tax advantages that angels can partake in, but many are not known. Exactly. Excellent. So before we finish, I actually go back to 31:29 the founder sandbox and kind of the three cornerstones that I am working on as my mission and building resilient, purpose-driven and scalable companies. So I always like to ask my guests and not one guest has the same definition or I guess the meaning to each of these terms. So I'd like each of you to tell me what does resilience mean to you, Marsha? 31:56 So when I think of resilience, it makes me think of how hard it is for an entrepreneur to build a company, just anyone to build a company. So resilience is that tenacity that you need in order to keep going on the hard days and the days that you just wanna throw your hands up in the air and say, why am I doing this? So that is really so important because building a company is such a... 32:22 hard work and it's so much harder than I think anybody ever realizes when they go into it. And I've talked to so many entrepreneurs who've said, oh my gosh, this is like, this is way, way, way harder than I thought it was going to be. But it also takes a village. So that resiliency needs to have a community around it. And so that's why I really am such a proponent of angel investing because we really can form that community and help build the resilience with the entrepreneur. Thank you. Purpose driven. 32:51 I think you have a purpose, right? Which is educating on the asset class and how to become an investor. So what is purpose driven for you? Well, I think that goes back to do good while doing well. I mean, I wasn't necessarily going to title my book that. It was the title of my TEDx talk. However, I went through... 33:16 as you do as an author, you go through many, many, many iterations of what the title is gonna be, because it's one of the most important things. And I did several focus groups where I gave people options about titles and do good while doing well, kept coming back and people were like, that resonates with me. So then I just think, purpose driven, that's what people really, that was the thing that really, it just stuck with them. And so, 33:45 I think aligning your values with your money, with your goals, you know, all of those things are a great way to be purpose driven. To make a difference. Right. Sustainable growth. What's the meaning for you sustainable? So sustainable means like long term, we need to be able to do something that's hard and be able to. 34:12 continue to do it. And if we come up against roadblocks, how do we pivot? We tell entrepreneurs all the time, it's okay to pivot. It's okay if you come up against something in your company and you're like, wait a minute, this doesn't fit or it doesn't work and maybe I need to change something, that's okay. I mean, everything that happened in 2020 with COVID. Oh my goodness. Lots of pivoting, right? So to me. 34:37 sustainable growth is like, how can we do that? How can we be in the right mindset so that no matter what happens, we can keep going and we can keep building what we really wanna see in the world. Very nice, thank you. Last and final question, Marcia. Did you have fun today in the sandbox? Oh, love playing in the sandbox. And had I known that you were also a rapper, I would have had a question in there, but thank you for sharing the fun side. 35:07 angel investing, right? So to my listeners, if you like this episode with Marsha Dawood, sign up for the monthly release of founders, business owners, corporate directors, and professional services go-to podcast to learn about how to build resilient, purpose-driven, and scalable companies while doing good. Thank you very much for joining me and Marsha Dawood signing off for today. Thank you.  

L'11 gennaio la Sec (Securities exchange commission, la Consob statunitense) ha dato il via libera alla quotazione di un nuovo prodotto di investimento in Bitcoin, un passo importante per l’utilizzo delle criptovalute. Il prodotto autorizzato è un ETF (Exchange traded fund), un fondo indicizzato che consente agli investitori di beneficiare dell'andamento del Bitcoin senza collocare direttamente i soldi nella valuta digitale.Secondo alcuni analisti l’approvazione rappresenta inoltre un nuovo e decisivo passo verso la fase di maturità del Bitcoin e delle criptovalute, e contribuirà a ridurne anche la volatilità. Con i nostri ospiti spieghiamo in cosa consiste questo strumento e approfondiamo, più in generale, le modalità attualmente percorribili per investire nelle criptovalute. Intervengono Vito Lops - Il Sole 24 ORE - e Luciano Serra, Country Manager Italia di Boerse Stuttgart Digital.

On this week's episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Chief Investment Officer Meghan Pinchuk to discuss Bitcoin ETFs that have recently been approved by the SEC (Securities and Exchange Commission). They discuss Bitcoin's similarities to gold, particularly its role as a potential store of value as opposed to fiat currencies, while also noting Bitcoin's relatively short history and high volatility compared to gold's long-standing stability. Meghan and Chris also consider the technological complexities associated with direct Bitcoin ownership, including private keys and the irreversible nature of losing them. Therefore, the emergence of Bitcoin ETFs is a significant development as they offer easier access to Bitcoin's price movements through regulated, mainstream financial instruments. Although Morton is not currently investing in these ETFs, we are still watching these trends closely and speaking with managers to see which ETFs are most structurally sound and gaining adoption in the market.  Disclosure: Information and references to specific investments presented herein are for educational purposes only, are not intended as an offer or solicitation with respect to the purchase of any security or asset class, and should not be relied on for investment recommendations. The views and opinions expressed by the speakers are as of the date of the recording and are subject to change. The investments discussed may fluctuate in price or value. All investments involve risk, including the loss of principal. Past results are no guarantee of future results. You should consult with your financial advisor to thoroughly review all information and consider all ramifications before implementing any transactions and/or strategies concerning your finances.

Episode 429 avec David et Sébastien B..La revue de presse :• C comme Core (00:02:29) : Qu'est-ce qu'il y a dans mon Core ? Intel dévoile la nouvelle nomenclature pour ses processeurs, et c'est encore plus confus. (Sources : arstechnica.com et pokde.net) • F comme Firefox (00:09:38) : Le glas a-t-il sonné pour Firefox ? Chrome aura eu la peau de Firefox, qui ne compte plus que 2% d'utilisateurs. (Source : zdnet.fr) • L comme Lune (00:18:13) : Peregrine : L'odyssée lunaire perdue dans l'espace. L'alunisseur Peregrine transportant des restes humains est condamné après une fuite critique de carburant. (Sources : livescience.com et timesnownews.com) • S comme SEC (00:23:45) : La SEC accepte les Bitcoins ETF, après un gros cafouillage sur X/Twitter. SEC = Securities and Exchange Commission. (Sources : coindesk.com et capital.fr) • S comme Semi-conducteur (00:33:47) : Graphène, futur de l'électronique ? Les premiers semi-conducteurs en graphène pourraient devenir le futur de l'électronique. (Sources : theregister.com et securities.io) • T comme Tesla (00:41:18) : Hertz revend ses Tesla pour racheter des véhicules essence. L'électrique c'est fini, on retourne à l'essence ! (Source : techcrunch.com) Dossier : Quel langage de programmation choisir ? (00:47:27)• Mort de Niklaus Wirth (Source : theregister.com)• Différences entre langages bas niveau et haut niveau (Sources : tutorialspoint.com et medium.com)• Web, Desktop, et surtout quel budget ? (Source : geeksforgeeks.org) Retrouvez toutes nos informations, liens, versions du podcast via notre site : LesTechnos.be

Episode 429 avec David et Sébastien B..La revue de presse :• C comme Core (00:02:29) : Qu'est-ce qu'il y a dans mon Core ? Intel dévoile la nouvelle nomenclature pour ses processeurs, et c'est encore plus confus. (Sources : arstechnica.com et pokde.net) • F comme Firefox (00:09:38) : Le glas a-t-il sonné pour Firefox ? Chrome aura eu la peau de Firefox, qui ne compte plus que 2% d'utilisateurs. (Source : zdnet.fr) • L comme Lune (00:18:13) : Peregrine : L'odyssée lunaire perdue dans l'espace. L'alunisseur Peregrine transportant des restes humains est condamné après une fuite critique de carburant. (Sources : livescience.com et timesnownews.com) • S comme SEC (00:23:45) : La SEC accepte les Bitcoins ETF, après un gros cafouillage sur X/Twitter. SEC = Securities and Exchange Commission. (Sources : coindesk.com et capital.fr) • S comme Semi-conducteur (00:33:47) : Graphène, futur de l'électronique ? Les premiers semi-conducteurs en graphène pourraient devenir le futur de l'électronique. (Sources : theregister.com et securities.io) • T comme Tesla (00:41:18) : Hertz revend ses Tesla pour racheter des véhicules essence. L'électrique c'est fini, on retourne à l'essence ! (Source : techcrunch.com) Dossier : Quel langage de programmation choisir ? (00:47:27)• Mort de Niklaus Wirth (Source : theregister.com)• Différences entre langages bas niveau et haut niveau (Sources : tutorialspoint.com et medium.com)• Web, Desktop, et surtout quel budget ? (Source : geeksforgeeks.org) Retrouvez toutes nos informations, liens, versions du podcast via notre site : LesTechnos.be

Il verdetto della SEC (Securities and Exchange Commission, l'equivalente della Consob italiana) sulla quotazione a Wall Street dei primi ETF sul prezzo spot di Bitcoin, attesa entro la chiusura dei mercati americani di oggi, mercoledì 10 gennaio 2024, alle 22 ora italiana, rimane incerto fino all'ultimo e, per questo motivo, non si placa il fermento degli operatori di mercato intorno alla regina delle criptovalute, che attualmente viaggia su quota 45.590 dollari.

Le dernier record historique du Bitcoin remonte à novembre 2021, lorsque la valeur de la cryptomonnaie avait flirté avec les 70 000 dollars. Depuis, son cours a connu des turbulences, notamment en raison de la fermeture de FTX. Ces derniers mois, le Bitcoin a stagné entre 25 et 30 000 dollars, en attente d'un nouvel élan. Et justement, de nombreux observateurs anticipent une reprise progressive du Bitcoin dans les mois à venir. Pour la plateforme Wirex, de possibles nouveaux records seraient à prévoir aux alentours du printemps 2024.Mais alors, qu'est-ce qui pourrait précipiter cette hausse ? Pour certains experts, tout dépendrait de l'approbation ou non du premier ETF Bitcoin. Un ETF (Exchange-Traded Fund) est un fonds négocié en bourse. Dans le cas d'un ETF Bitcoin, les investisseurs pourraient accéder à la cryptomonnaie sans avoir à en détenir dans un portefeuille numérique. Cette approche cible principalement les investisseurs institutionnels qui investissent des sommes considérables dans ce genre d'actif.Plusieurs entreprises ont soumis des demandes pour la création d'ETF liés au Bitcoin auprès de la SEC (Securities and Exchange Commission), l'organisme de régulation financier des États-Unis. Cependant, la SEC n'a pas encore rendu de décision définitive. Selon les experts du marché, l'introduction d'un ETF Bitcoin pourrait entraîner un afflux massif d'investissements. En théorie, de nombreux acteurs chercheraient à profiter de cet ETF pour accéder au Bitcoin. Pour l'expert Thomas Jong Lee, la demande de Bitcoin pourrait dépasser la quantité de cryptomonnaie disponible sur le marché, faisant mécaniquement augmenter sa valeur. Et le média spécialisé Bloomberg, il y a actuellement 95 % de chances que la SEC approuve la création d'un ETF Bitcoin aux États-Unis, suite à plusieurs décisions de justice allant en ce sens. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Le dernier record historique du Bitcoin remonte à novembre 2021, lorsque la valeur de la cryptomonnaie avait flirté avec les 70 000 dollars. Depuis, son cours a connu des turbulences, notamment en raison de la fermeture de FTX. Ces derniers mois, le Bitcoin a stagné entre 25 et 30 000 dollars, en attente d'un nouvel élan. Et justement, de nombreux observateurs anticipent une reprise progressive du Bitcoin dans les mois à venir. Pour la plateforme Wirex, de possibles nouveaux records seraient à prévoir aux alentours du printemps 2024. Mais alors, qu'est-ce qui pourrait précipiter cette hausse ? Pour certains experts, tout dépendrait de l'approbation ou non du premier ETF Bitcoin. Un ETF (Exchange-Traded Fund) est un fonds négocié en bourse. Dans le cas d'un ETF Bitcoin, les investisseurs pourraient accéder à la cryptomonnaie sans avoir à en détenir dans un portefeuille numérique. Cette approche cible principalement les investisseurs institutionnels qui investissent des sommes considérables dans ce genre d'actif. Plusieurs entreprises ont soumis des demandes pour la création d'ETF liés au Bitcoin auprès de la SEC (Securities and Exchange Commission), l'organisme de régulation financier des États-Unis. Cependant, la SEC n'a pas encore rendu de décision définitive. Selon les experts du marché, l'introduction d'un ETF Bitcoin pourrait entraîner un afflux massif d'investissements. En théorie, de nombreux acteurs chercheraient à profiter de cet ETF pour accéder au Bitcoin. Pour l'expert Thomas Jong Lee, la demande de Bitcoin pourrait dépasser la quantité de cryptomonnaie disponible sur le marché, faisant mécaniquement augmenter sa valeur. Et le média spécialisé Bloomberg, il y a actuellement 95 % de chances que la SEC approuve la création d'un ETF Bitcoin aux États-Unis, suite à plusieurs décisions de justice allant en ce sens. Learn more about your ad choices. Visit megaphone.fm/adchoices

Résumé de l'épisode #543 du NFT Morning (1er septembre 2023)Dans cette première room juridique de la rentrée, Me Ingrid-Méry Haziot d'Avant-Garde Avocats, et son invité le commissaire priseur Romain Verlomme-Fried se sont penchés sur deux événements juridiques récents qui pourraient avoir un impact sur le marché des NFT.Le premier événement est l'extension d'une plainte contre Yuga Labs et certains influenceurs, qui a été élargie pour inclure la maison d'enchères Sotheby's. La plainte les accuse de fraude et de publicité mensongère, alléguant qu'ils ont induit les investisseurs en erreur sur la valeur des NFT de la collection Bored Ape Yacht Club.Pour Ingrd et Romain, Sotheby's pourrait être tenue responsable, en vertu du droit américain, s'il est prouvé que la maison d'enchères a fait des déclarations trompeuses au moment de la vente des Bored Ape Yacht Club en septembre 2021. Cependant, ils soulignent que la responsabilité de Sotheby's pourrait être limitée si elle pouvait démontrer qu'elle a simplement relayé les déclarations de Yuga Labs.Le deuxième événement concerne la collection Impact Theory et la SEC (Securities and Exchange Commission) aux Etats-Unis qui a rendu une ordonnance qui interdit la vente de NFT liés à des jetons cryptographiques. L'ordonnance de la SEC a été rendue le 28 août dernier, en raison des risques d'investissement élevés associés aux NFT.Il est important de noter que ces deux événements sont actuellement en cours, notamment la plainte à l'encontre de Yuga / Sotheby's. Il est donc difficile de dire qu'elle sera leur issue et comment ils affecteront le marché des NFT à l'avenir.Points clés* Sotheby's pourrait être tenue responsable de la plainte contre Yuga Labs et des influenceurs si elle a fait des déclarations trompeuses sur les NFT Bored Ape Yacht Club.* L'ordonnance de la SEC des États-Unis pourrait avoir un impact significatif sur le marché des NFT liés à des jetons cryptographiques.* Le marché des NFT sera confronté à un certain nombre de défis juridiques dans les années à venir.Pour aller plus loin:* Profil Twitter d'Ingrid-Méry Haziot* Site web officiel d'Avant-Garde Avocats* Profil Twitter de Romain Verlomme-Fried* Class Action contre Yuga Labs élargie à Sotheby's* Ordonnance de la SEC du 28 aout 2023* Interview du CEO d'Impact Theory à la suite de la décision de la SEC This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.nftmorning.com

The U.S. SEC (Securities and Exchange Commission), which regulates the country's financial markets, just changed the game for private equity, hedge fund, private credit, and venture capital funds registered in the U.S.Yesterday, SEC Chairman Gary Gensler (above) announced the commission Enhances the Regulation of Private Fund Advisers, a set of rules originally proposed in February 2022. And Europe would never be “out-regulated”, so…Dive in to learn what the meaning and implications of this is!

Erfahrt alles über das von Tom Brady gegründete Start-up Autograph und welche innovativen Lösungen dieses Unternehmen für den NFT-Markt bereithält.Zudem werfen wir einen Blick auf eine neue Kampagne der SEC (Securities and Exchange Commission). Ihr erfahrt außerdem von einem vermeidbaren Diebstahl in Millionenhöhe bei der Gutter Cat Gang und welche Lehren daraus gezogen werden können. Des Weiteren diskutieren wir den aktuellen Stand des NFT-Marktes. Natürlich halten wir euch auch in dieser Folge über den Krypto-Chart und die Floorpreise auf Opensea auf dem Laufenden. Zudem werfen wir einen Blick auf vorsätzliche Coinbase-Verstöße, Rücktrittsgesuche bei Binance und die europäische MICA-Verordnung, die zusätzlichen Schutz für Dienstleister und Kunden im Kryptobereich bieten soll.** weitere freiwillige Unterstützung:https://www.patreon.com/user?u=86396667Newsletter Barista Insights by Mic_Sebhttps://tab728b31.emailsys1a.net/247/735/e3ee874dc3/subscribe/form.html?_g=1695576545ALL IN NFT Homepage:https://www.allinnft.de/ALL IN NFT Merchandising Shop:https://all-in-nft.myshopify.com/Opensea Kollektion ALL IN NFT:https://opensea.io/assets/ETHEREUM/0x71608b3551895385637d59c3713e7369ecac2e97/0Linktree :https://linktr.ee/mic_sebDiscord: https://discord.gg/4js6Pg7FJkTwitter: @MicSeb91https://twitter.com/MicSeb91Twitch: https://twitch.tv/mic_sebYouTube: All in NFThttps://www.youtube.com/@Mic_Seb**Blockpit Code für deine einfache Steuererklärung mit Krypto und NFT Wallets:https://blockpit.cello.so/v7peWE3ssIIKontakt:Sebastian@allinnft.deGM Coffee Handy:+491733544148Bei den oben genannten Themen handelt es sich um keine Anlageberatungen. Der Podcast dient lediglich der Unterhaltung.Die mit ** gekennzeichneten Links sind sogenannte Affiliate-/ oder Unterstützungs-Links. Kommt über einen solchen Link ein Einkauf zustande, werde ich mit einer Provision beteiligt. Für Dich entstehen dabei keine Mehrkosten. Wo, wann und wie Du ein Produkt kaufst, bleibt natürlich Dir überlassen. --- Send in a voice message: https://podcasters.spotify.com/pod/show/sebastian-michels7/message

Stai ascoltando un estratto gratuito di Ninja PRO, la selezione quotidiana di notizie per i professionisti del digital business. Con Ninja PRO puoi avere ogni giorno marketing insight, social media update, tech news, business events e una selezione di articoli di approfondimento dagli esperti della Redazione Ninja. Vai su www.ninja.it/ninjapro per abbonarti al servizio.Una piccola città virtuale popolata con l'intelligenza artificiale. I ricercatori di Google e della Stanford University hanno spiegato in un documento del 7 aprile di aver costruito una città virtuale popolata da "agenti generativi" addestrati da ChatGPT. Lo scopo dello studio - che deve ancora essere sottoposto a revisione - era quello di creare una piccola società interattiva di robot AI ispirati a giochi di simulazione di vita come The Sims. La società di 25 robot di intelligenza artificiale è stata osservata mentre si svegliava, cucinava la colazione, andava al lavoro, a pranzo con gli amici e organizzava persino una festa, in maniera del tutto civile e c ollaborativa. Twitter non esiste più, è stata fusa con XCorp. Twitter Incorporation (Inc.) è stata unita a X Corporation (Corp.), come indicato in un documento legale consegnato al tribunale di New York il 4 aprile. Elon Musk non ha ancora svelato la novità in pubblico, ma era sicuramente attesa. Circa un anno fa, l'attuale proprietario e CEO aveva registrato tre società in Delaware per facilitare l'acquisizione di Twitter, ovvero X Holdings I, II e III. In base alle condizioni dell'accordo, depositato alla SEC (Securities and Exchange Commission) degli Stati Uniti, Twitter doveva essere fusa con X Holdings II, ma conservare il nome e la struttura aziendale-Alibaba lancia nuova alternativa a ChatGpt. Si chiama Tongyi Qianwen, che letteralmente significa "verità da mille domande", ed è un software LLM (cioè Large Language Model) pensato come assistente personale che può redigere lettere, pianificare itinerari di viaggio e consigliare sugli acquisti. Inizalmente sarà integrato in DingTalk, l'app di messaggistica utilizzata dai dipendenti di Alibaba. e potrà operare in lingua cinese e inglese.

Hey there, podcast lovers! We are live and ready to dive into an exciting and informative episode that you don't want to miss. Today, I have the pleasure of sitting down with Rachel Grunn, a realtor extraordinaire from Reflect Real Estate. We kick off the conversation with a fun tangent about electric cars and how they are more than just eco-friendly transportation. Rachel spills the beans about her VW ID four, an affordable alternative to a Tesla with all the bells and whistles. But let's get back to business! Rachel and I discuss her journey in the real estate industry, her partnership with her husband, and the incredible success they've achieved in a challenging market. We dive into the importance of creativity, technology, and educational content in the world of real estate. Rachel shares her valuable insights on how they use social media to inform clients about opportunities and innovative strategies. As the conversation unfolds, we explore multifamily syndication, a topic that often flies under the radar. Rachel and I shed light on the regulated world of real estate investment, debunking common misconceptions and highlighting the accessibility for both accredited and non-accredited investors. We discuss the stability and potential of multifamily properties, which provide a more affordable entry point into the market compared to traditional homeownership. But wait, there's more! We tackle the nitty-gritty of leveraging properties for success and the game-changing strategy of infinite banking, where life insurance policies become your own personal bank. We dive into the advantages of multifamily investing, the role of commercial lenders, and the immense tax benefits that come with it. And if you thought that was it, hang on tight because we explore the world of travel nurse housing, Airbnb properties, and even triple net properties in retail centers. We uncover the secrets behind guaranteed rental income and how these investments can provide stability and financial security. So, are you ready to level up your real estate knowledge? Tune in now to this episode packed with insights, strategies, and a whole lot of fun. Don't miss your chance to learn from Rachel Grunn and myself about the exciting opportunities waiting for you in the world of real estate. Trust me, this episode is a game-changer, and you won't want to miss it!Topics Discussed:1. Challenges and opportunities in the real estate market2. How Mike and Rachel got into the real estate business together3. Importance of creativity and technology in real estate education4. Using social media to inform clients about real estate options5. Multifamily syndication and its regulatory framework6. Benefits and advantages of multifamily investing7. Leveraging assets for investment purposes8. Infinite banking and its potential benefits9. Understanding finance in real estate investing10. Debunking common misconceptions about commercial real estateEntities Mentioned:1. VW ID four2. Tesla3. Reflect Real Estate4. Wall Street Journal5. SEC (Securities and Exchange Commission)6. NCAA (National Collegiate Athletic Association)7. Bernie Madoff8. REITs (Real Estate Investment Trusts)9. Warren Buffett10. Elon Musk11. Twitter12. Dave Ramsey

Listen how Atlas Trading Discord is a part of a $100M stock pump and dump scheme charged by the SEC Securities and Exchange Commission! SEC Charges 8 Social Media Influencers in $100M Pump and dump scheme explained! --- Support this podcast: https://anchor.fm/myinvestingclub/support

Hoy es muy fácil invertir en la bolsa de EEUU desde Latinoamérica; pero con tantas opciones de puestos de bolsa ¿Cuál seleccionar? Conoce aquí 7 consideraciones a tener en cuenta.Cada vez son más las opciones para poder invertir en la bolsa de EEUU desde Latinoamérica. Sin embargo, esto nos trae la pregunta…        ¿Con tantas opciones cuál elegir...?Lamentablemente, lo que más comúnmente veo es personas seleccionando el puesto de bolsa a través del cuál invertirán solo basado en los costos de mantenimiento de cuenta y/o transacciones en el mismo.Aunque esto definitivamente es algo a considerar, no puede ser el único criterio, y definitivamente considero no es el más importante.Por eso, en este episodio te traigo 7 consideraciones a tener pendiente para seleccionar tu puesto de bolsa.RECURSOSInformación de la SEC (Securities and Exchange Commision)Página de puestos registrados en la FINRA (Financial Industry Regulatory Authority)Página al listado de miembros de la SIPC (Securities Investor Protection Corporation)RAMON LIRANZOYoPuedoInvertir.comInstagram: @YoPuedoInvertirFacebook: YoPuedoInvertirYouTube: YoPuedoInvertir

In this episode, Radar podcast host Steven Van Belleghem and his #nexxworks friends Peter Hinssen, Julie Vens - De Vos & Laurence Van Elegem discuss Walmart, Meta's new generative AI video tool, Elon Musk's Twitter saga & his “everything app”, Google's new circular economy accelerator, ROSI (return on sustainability investment), the clash between the world of technology, innovation & regulation, hybrid work & the impact of global challenges like the energy crisis, productivity paranoia, quiet quitting versus quiet firing, Kim Kardashian & her SEC (Securities and Exchange Commission) fine and Warner Music's partnership with OpenSea. For more inspiration about business and technology, go to nexxworks.com.

Today Bennett and Cas are talking about recent moves by the SEC (Securities and Exchange Commission) to slow down token listings and perhaps even fundamentally alter the business models of every cryptocurrency exchange located in the United States. Episode recorded on July 28th, 2022.

Devin: What is your superpower?Sara: In crowdfunding, I think it’s the ability to explain relatively arcane concepts in fairly straightforward terms without terrifying the pants off people and try and keep them from panicking and not completely lose it when they get a phone call from the SEC.CrowdCheck CEO Sara Hanks says securities law enforcement differs dramatically from traffic enforcement. If you speed and don’t get caught in the act, you don’t worry about later being investigated for a traffic violation. Sara says that’s not how it works for securities:We often have the mom conversation. “Well, if everybody jumped off the Brooklyn Bridge, would you do it?”Part of the problem here is understanding that it takes the SEC [Securities and Exchange Commission] about two years to think about, well, maybe they really shouldn't have done that. And another year to issue the subpoena and another year to capture the information. We've got people who are receiving subpoenas for stuff they did in 2017. I mean, the SEC is out there. Just because somebody did something recently doesn't mean, A, that they're going to get away with it and B, that you're going to get away with it if you copy them.CrowdCheck is a company that provides a range of legal and compliance services to crowdfunding portals and entrepreneurs issuing securities under Regulation Crowdfunding and Regulation A, the rules that govern crowdfund style offerings over $5 million up to $75 million.Enjoy Every Episode!Unlike the relatively carefree world of donations and rewards crowdfunding via GoFundMe, Kickstarter and Indiegogo, there are strict securities laws and associated enforcement in the investment crowdfunding world. Sara spends a lot of time explaining to clients that they really do have to comply.“We frequently have these conversations where [clients and prospective clients] say, ‘Well, we know the SEC is not going to care about that.’ We’re like, ‘Yes, they do. We know them, and they do care about this.’”Initially, CrowdCheck focused on conducting due diligence for clients. Since a securities lawyer founded it, people asked lots of securities law questions. “Lots of people would send us chocolate after we answered the questions, and we started thinking we should actually charge fiat money for this as opposed to getting paid in chocolate,” Sara says.Today, CrowdCheck offers a range of services for crowdfunding, including legal compliance, diligence and filings. “We’re just a complete compliance solution,” she says.Sara notes a silver lining about SEC enforcement. “I will point out the SEC does not own any handcuffs. The SEC only has civil authority, so they can sue the heck out of you. They can leave you, as one enforcement director once said, ‘homeless, naked, and without wheels, but they can’t put you in jail.’”Don’t celebrate too quickly. The SEC folks have friends at the Justice Department who do have handcuffs.Sara will be speaking at SuperCrowd22 on September 15-16, focusing on crucial regulatory lessons to help issuers comply. Her session alone will justify the price of admission. Readers can register for half price. Paid subscribers can register for free! (If you don’t know how, ask me!)In her work, Sara routinely uses her superpower, her ability to help her clients comply calmly.How to Develop the Ability to Help Clients Calmly As a SuperpowerIt is easy to think Sara’s superpower is only relevant to lawyers. Before dismissing the leadership lessons she offers, consider that we’re all subject to a range of legal and natural laws with which we must comply and help others to do as well. Keep reading.“I’ve seen it all on Wall Street,” Sara says. “I’ve been screamed at from managing by managing directors at Goldman Sachs who think that they’re going to sue me for $10 million every minute that the market hasn’t opened. I’ve seen it all before, and I’m not going to panic, but we’re going to try and get people through.”For Sara, compliance isn’t something she feels required to do. Instead, she sees following the rules as a value she holds as part of living in a democratic society. She says:I believe in rules. I believe in the social contract. I believe in all of the stuff that came out of the Enlightenment. And, you know, we're taping this just after the the 4th of July, which I'm always so proud of, the Declaration of Independence. It is the most English thing that has ever been written coming out of enlightenment thought. It's basically the idea that you do have a relationship with society and you don't get something for nothing. A rules based society is going to be a successful society.“It’s a responsibility not just to the clients who are paying us, but to the broader society to make sure those rules are complied with,” Sara says. “Because if we don’t comply with the rules, everything goes to heck.”By following Sara’s example and insights, you can develop the ability to help others comply with society’s laws calmly. Get full access to Superpowers for Good at devinthorpe.substack.com/subscribe

No olvidemos que las declaraciones son producidas cuando se encuentra bajo investigación tanto por la SEC (Securities and Exchange Commission) como por el propio departamento de justicia a raíz de su potencial compra de Twitter, red a la que acusa de falta de libertad de expresión.

No olvidemos que las declaraciones son producidas cuando se encuentra bajo investigación tanto por la SEC (Securities and Exchange Commission) como por el propio departamento de justicia a raíz de su potencial compra de Twitter, red a la que acusa de falta de libertad de expresión.

No olvidemos que las declaraciones son producidas cuando se encuentra bajo investigación tanto por la SEC (Securities and Exchange Commission) como por el propio departamento de justicia a raíz de su potencial compra de Twitter, red a la que acusa de falta de libertad de expresión.

Stai ascoltando il recap settimanale gratuito di Ninja PRO, la selezione quotidiana di notizie per i professionisti del digital business. Con Ninja PRO puoi avere ogni giorno marketing insight, social media update, tech news, business events e una selezione di articoli di approfondimento dagli esperti della Redazione Ninja. Vai su www.ninja.it/ninjapro per abbonarti al servizio.ELON MUSK VUOLE IL 100% DI TWITTERSecondo quanto emerge dai documenti consegnati alla SEC (Securities and Exchange Commission), Musk avrebbe proposto di acquistare il 100% di Twitter a 54,20 dollari per azione in una transazione all-cash, per poi rendere l'azienda privata. Il CEO di Tesla ha dichiarato di essersi reso conto che la società "non potrà né prosperare né servire il suo imperativo di social per la 'libertà di parola' nella forma attuale".CRYPTO BRITISH: LONDRA VERSO L'NFT DI STATOIl governo britannico sta lavorando per riconoscere le stablecoin come valide forme di pagamento e per per rendere la Gran Bretagna "un hub globale per la tecnologia e gli investimenti in criptovalute".Il Cancelliere dello Scacchiere Rishi Sunak ha anche chiesto alla Royal Mint, la società di proprietà del governo responsabile del conio di monete, di creare ed emettere un token digitale entro l'estate.LEGO VUOLE COSTRUIRE UN METAVERSO CON EPIC GAMESIl marchio ha stretto una partnership con il creatore di Fortnite Epic Games per costruire "uno spazio nel metaverso che sia divertente e fatto per bambini e famiglie". I dettagli sono ancora scarsi, ma come tutti i recenti prodotti LEGO probabilmente non taglierà fuori nessun gruppo di età.

Stai ascoltando un estratto gratuito di Ninja PRO, la selezione quotidiana di notizie per i professionisti del digital business. Con Ninja PRO puoi avere ogni giorno marketing insight, social media update, tech news, business events e una selezione di articoli di approfondimento dagli esperti della Redazione Ninja. Vai su www.ninja.it/ninjapro per abbonarti al servizio.Elon Musk vuole comprare Twitter. Secondo quanto emerge dai documenti consegnati alla SEC (Securities and Exchange Commission), Musk avrebbe proposto di acquistare il 100% di Twitter a 54,20 dollari per azione in una transazione all-cash, per poi rendere l'azienda privata. Il CEO di Tesla ha dichiarato di essersi reso conto che la società "non potrà né prosperare né servire il suo imperativo di social per la 'libertà di parola' nella forma attuale". La prima lettera del nuovo CEO di Amazon agli azionisti. Andy Jassy ha pubblicato giovedì la sua prima comunicazione annuale da quando ha preso il timone dal fondatore Jeff Bezos l'anno scorso. "Abbiamo realizzato l'equivalente della crescita prevista di tre anni in circa 15 mesi", ha scritto. Smentito, invece, un possibile piano per pagamenti in criptovalute sull'eCommerce nel prossimo futuro. Class action russa contro Netflix. Un gruppo di abbonati al servizio di streaming in Russia ha lanciato una causa legale contro la decisione del colosso americano di sospendere i servizi nel Paese. Lo studio che rappresenta la class action chiede 60 milioni di rubli per danni, pari a circa 685.000 euro.

On this episode of Best Seller TV Tom Fox, author of The Compliance Handbook: A Guide to Operationalizing Your Compliance Program, Second Edition, addresses what best practices can be put in place for companies to run more efficiently and generate more profits. Fox, who began working in the compliance industry in 2007, was a lawyer by trade but felt compelled to switch careers because he saw an opportunity to help make a difference and help corporations be more efficient. Fox says the United Nations estimates that $3 trillion is lost annually to corruption. He saw the opportunity to help corporations build first-class best practice compliance programs by complying with the law and run the business side a lot smoother. He defines compliance as setting up systems, processes, and procedures that comply with law and/or regulation. With laws constantly changing, Fox wrote the second edition of the book to instruct readers on the latest compliance laws that might affect them on a regular basis. Since his first edition in 2018, there has been a 40 percent change in laws, especially after the SEC (Securities and Exchange Commission) and the Department of Justice made significant changes to the Foreign Corrupt Practices Act. The pandemic also helped exacerbate many more changes. Fox says the book is for a wide variety of readers, starting with compliance professionals, laying out a blueprint on how to build world-class compliance programs or enhance currently existing programs. The book is also for c-suite and senior executives to help educate them on the benefits of compliance and how to stay out of trouble. The compliance industry has evolved significantly in the last decade or so. Fox adds that right now, the industry is more data-driven and, “When you have data, you can actually improve business efficiency.” He continues to say that the backbone of compliance is internal controls, which are financial controls but are not often called that. If you look at them from a compliance perspective and tweak them enough to have both controls, you can make enough headroom in making a company run more efficiently, leading to greater profitability. Learn more about your ad choices. Visit megaphone.fm/adchoices

The FinReg experts are back for season 3 with lots on the agenda! After discussion their New Year FinRegulutions, we dive into the upcoming settlement regulations in Europe, the SEC's proposed securities lending reporting rules and regulatory spotlight being placed on cloud service providers. See acast.com/privacy for privacy and opt-out information.

Today Bennett and Cas rant about the ineffectiveness of the SEC (Securities and Exchange Commission) and its mostly failure fraught 87-year history.

Jan is an Executive Coach, Productivity Expert, and Speaker. She is a sought-after presenter on a variety of organizing and productivity topics. Her company, CTC Productivity, is a Twin Cities-based, woman-owned and operated business. Their mission is to help individuals and businesses understand their organizational challenges and provide self-sustaining solutions that improve productivity and reduce stress. The roots of Jan's business acumen and people-first attitude can be traced back to her formal education. She earned a business degree in Operations and Systems Management with a minor in Psychology from Indiana University Kelley School of Business. CTC is the perfect forum for her to blend her people skills and productivity expertise. Prior to launching CTC, Jan worked for a number of Fortune 100 companies, including Kraft Foods, Accenture, the SEC (Securities and Exchange Commission), World Book Encyclopedia & United Airlines. Jan's business CTC productivity helps clients all over the country. She is currently on the National Board of NAPO (National Association of Productivity and Organizing Professionals) Minnesota chapter. Jan was recently named a 2018 “Women Who Lead” Minnesota Business Magazine Honoree. Jan's Favorite Book: Quiet by Susan Cain Jan's Favorite Movie: It's A Wonderful Life

O Nubank anunciou que entrou com pedido para registro preliminar de IPO (oferta pública inicial de ações) tanto na Comissão de Valores Mobiliários (CVM) quanto na SEC (Securities and Exchange Commission), reguladora do mercado de capitais nos Estados Unidos. A maior fintech da América Latina pretende abrir capital nos EUA no início de 2022. Apresentação: Victor Sena. 

Ripple - SEC Securities - XRP Stablecoins - IPO Regulations and Crypto Moon Time SUPPORT ON THE CHAIN BUY US A COFFEE https://www.buymeacoffee.com/onthechain FOLLOW ON THE CHAIN: Subscribe to our other Youtube Channel: http://www.youtube.com/c/OnTheChain On The Web: http://onthechain.io Follow OTC on Twitter: https://twitter.com/on_the_chain Join our FREE Telegram Roundtable channel: t.me/onthechain_roundtable -------------- JEFF Follow Jeff on Twitter: https://twitter.com/thehodlreview -------------- CHIP Follow Chip on Twitter: https://twitter.com/stephenchip Follow Chip's Coil Blog: http://mindtoss.com -------------- DISCLAIMER: All opinions expressed by content contributors that appear on OTC are solely expressing their opinions and do not reflect the opinions of OTC, its affiliates, or sponsors. Content contributors may have previously disseminated information on a social media platform, website, or another medium such as a podcast, television, or radio. OTC, Content Contributors, Affiliates, or Sponsors are not obligated to update or correct any information. The content contributors are sharing the information which they believe to be reliable. OTC, its affiliates, or sponsors cannot guarantee the accuracy of the opinion shared, and viewers, readers, and listeners should not rely on it. Opinions expressed are not financial advice. Please consult a licensed financial advisor before making any financial decisions. It is imperative that before you invest in anything you research before investing. Do not invest based on what someone else is doing or not doing, or based on other people's opinions. #Ripple #XRP #SEC #IPO #Stablecoins #OnTheChain

Episode 12: Why You Should FIRE Your Financial Advisor | Money Saving Life Hacks In this episode we will be discussing why we think most people should FIRE their financial advisors. Why do we say to fire your financial advisor? Well, oftentimes financial advisors are holding you back from achieving financial success faster. What do we mean by this? Financial advisors typically charge anywhere from 1-2% of AUM (Assets under management) to have you as a client. In addition to the AUM fee you're paying with your advisor - you also have to pay “hidden” fees for the investments they put you in. Sometimes the advisors get a kick back from the funds they recommend or put their clients in. What do we mean by this? If they put you in a mutual fund, that fund could charge an annual expense ratio anywhere from 0 to 1% or more. They could be using front end load or back end load mutual funds Explanation on front end and back end load mutual funds Front end load mutual funds are mutual funds that charge a fee upon investing in them. Back end load mutual funds are mutual funds that charge a fee upon redeeming or selling the mutual fund. Selling point is that they will have LESS ongoing fees than a traditional fund that may charge 1% or so. Obviously we know at D&H - that you can buy no-load mutual funds/etf's with no or extremely low fees. AVOID front end/back end load funds that some advisors recommend This can be a HUGE drag on your overall investment success. What should you do instead of hiring a financial advisor? Invest in broadly diversified low cost ETF's and mutual funds. We have a full episode of some of our favorites- check out episode 005 If you do want to have an advisor: Make sure to hire someone who is held to the fiduciary standard AND who is FEE only What is a fiduciary? Someone who is bound by law to put your interests ahead of their own interests One would think anyone giving investment Who is a fiduciary: Any investment advisor who is registered with the SEC (Securities and Exchange Commission) Who does not have to be a fiduciary? Insurance agents, stock brokers, and broker dealers - They only have to adhere to the “suitability standard” - which lacks teeth Two types of financial planners: Fee only and Fee Based Fee Based financial planners - Charge you a fee based upon assets under management. As your portfolio grows, so does the raw dollar amount that they're being paid for their services. This fee can often get out of control as you accumulate a large sum of money. $2m portfolio becomes 20k in fees at 1% and 40k in fees at 2% Websites mentioned on the podcast: Headline: How to invest money based on advice from Warren Buffet How to find a fee only financial planner: www.NAPFA.com Clark howard credit freeze guide: https://clark.com/credit/credit-freeze-and-thaw-guide/

EPISODE SUMMARY: If you are a real estate investor, it is significant to understand the concept of syndication especially if you are cornered with limited resources in pooling capital of investment. There may be times where having a group of investors would likely be the answer to acquire such property. So HOW DOES IT WORK? Tune in to this episode to learn more about the basics and concepts of syndication with Ron and Heather.    WHAT YOU’LL LEARN FROM THIS EPISODE                  What does a “Syndication” mean? How can a syndication in real estate be created? Why does the SEC (Securities and Exchange Commission) care about syndication? Roles of Limited Partners (investors) vs  General Partners (sponsors)  Risks and Rewards of being a Limited Partner and General Partner? How important are General Partners when you are looking at syndication of any kind? Types of properties in syndication What is a “Value-Add Property”? Who can invest in a syndication? What is an “Accredited Investor” and how to become one? What information is usually asked from people looking in syndication to show proof that they are accredited? Understanding the RULE 501 under the securities act Understanding the deal structure How important is the story (both front and back story) of the property? How important is due diligence when acquiring a property for syndication? Understanding the market where the property is situated What is a Capitalization Rate (Cap Rate) and how does it work? What is “Preferred Return Rates”?   RESOURCES FROM THIS EPISODE If you need help with anything in real estate, please email: invest@rpcinvest.com   CONNECT WITH US Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success

Negli Stati Uniti c’è un documento molto utile per tutti gli investitori che vogliono vedere cosa effettivamente i “grandi” comprano.Il documento 13F (13-F Form) è un documento che tutti gli investitori con più di 100 milioni di dollari di investimenti devono presentare ogni fine trimestre e che hanno l’obbligo di rendere pubblico entro 45 giorni dalla fine del trimestre.In questo documento pubblico, consultabile sul sito della SEC (Securities and Exchange Commission), anche il piccolo investitore può vedere cosa i grandi fondi ed investitori hanno comprato.E’ vero che alcune notizie escono prima della pubblicazione di tale documento perché sono gli investitori/fondi stessi a dichiarare di aver acquistato o venduto qualcosa durante interviste o incontri di vario tipo.Ma spesso non dicono tutto e non nei dettagli.Quindi è in occasione della pubblicazione dei documenti 13F che è possibile sapere che cosa i grandi fondi e investitori hanno comprato o scaricato.Vediamo in questo video cosa stanno comprando i grandi investitori americani!

Jan is an executive coach, productivity consultant and speaker. She is the founder and CEO of CTC Productivity. CTC is a Twin Cities-based, woman-owned and operated business. With over 20 years of corporate consulting experience, Jan personally understands the unique challenges of leading a busy professional life. With three young children and a company to run, Jan fully understands the importance of maintaining a work-life balance. The roots of Jan’s business acumen and people-first attitude can be traced back to her formal education. She earned a business degree in Operations and Systems Management with a minor in Psychology from Indiana University Kelley School of Business. CTC is the perfect forum for her to blend her people skills and productivity expertise. Prior to launching CTC, Jan worked for a number of Fortune 100 companies, including an expatriate assignment in Stockholm Sweden with Kraft Foods, and a consulting role at Accenture, the world’s largest consulting firm. As a consultant, she was responsible for optimizing and streamlining the business processes for Fortune 500 companies, including the SEC (Securities and Exchange Commission), World Book Encyclopedia & United Airlines. Jan helps clients all over the country. She is currently a national board member for NAPO (National Association of Productivity and Organizing Professionals). Jan was recently named a 2018 Women Who Lead Minnesota Business Magazine Honoree.   In this podcast, Jan and Cindra talk: · Her top strategies to help us work more effectively in a virtual world · How to keep the most important thing we need to do top of mind · The best ways to manage our email · Ways to leverage technology to help you right now HIGH PERFORMANCE MINDSET SHOWNOTES FOR THIS EPISODE: www.cindrakamphoff.com/jan HOW TO ENTER THE PODCAST GIVEAWAY TO WIN $500 CASH: www.drcindra.com/giveaway FB COMMUNITY FOR THE HPM PODCAST: https://www.facebook.com/groups/2599776723457390/ FOLLOW CINDRA ON INSTAGRAM: https://www.instagram.com/cindrakamphoff/ FOLLOW CINDRA ON TWITTER: https://twitter.com/mentally_strong Love the show? Rate and review the show for Cindra to mention you on the next episode: https://podcasts.apple.com/us/podcast/high-performance-mindset-learn-from-world-class-leaders/id1034819901

Summary: In today's show, Pancham interviews Mauricio Rauld, Founder and CEO of Premier Law Group. As a syndication attorney, Mauricio helps syndicators understand the nitty-gritty of real estate investing. Or, as Mauricio puts it,” stops them from going to jail”. You will learn the difference between a private offering and the ubiquitous IPO. Mauricio then explains the difference between 506 B and the lesser-known 506 C exemption. What are some of the reasons why most syndicators choose to operate under a 506 B exemption?  If you are a passive investor thinking of investing in a syndication, then this show will be of particular interest to you. Mauricio has some great pointers on how to conduct a due diligence so that you can protect your hard-earned money. We hope you enjoy this show!  Timestamped Shownotes: 02:13 – Understanding the basics – how do private investments work? 03:10 – Mauricio's background information 04:20 – As a syndication attorney, how does Mauricio help real estate investors? 05:10 – Private Offering vs. IPO – Mauricio explains the difference in simple terms 07:08 – Mauricio shares his typical client avatar  09:43 – What is a Regulation D exemption?  12:35 – What is the difference between 506 B and 506 C exemption? What are some benefits of 506 B over 506 C exemption? 15:30 – Which exemption do crowd-funding platforms like Realty Mogul operate under? 16:28 – What are some benefits of 506 C exemption? 18:00 – As a passive investor, should you avoid investing alongside non-accredited investors? 18:43 – What is the ONE thing that you should consider in your due diligence process? 19:43 – What is a private placement memorandum? Should you insist that your sponsor furnish a PPM before you park your hard-earned money in a deal? 23:30 – As a passive investor, is your liability restricted? Can you be sued in case of any untoward instances? 30:21 - Taking the Lead Round 30:32 – When was the first time Mauricio invested outside the Wall Street? 31:20 – What fears did Mauricio have to overcome when he first invested outside the Wall Street? 32:07 – Can you share one investment that did not go as expected? 34:07 – What is one piece of advice you would give to someone who is investing in the Main Street? 31:01 – Mauricio shares his contact information 3 Key Points: Private Offering vs. IPO – understanding the difference in simple terms How to conduct a thorough due diligence before investing your hard-earned money 506 B vs. 506 C exemption – Understanding the difference

Understanding how cross border understandings between the SEC Securities and FINRA Financial Industry Regulatory Authority meet the definition of a global Columbian drug cartel.... yep, rules are fixed against Investment Clients around the world... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

What if Eric Garner and Freddie Grey died because police were not where police could have been- chasing Wall Street Ponzi scammers because no one told Cops crimes were going on, because USAA Preet Bahara did not know nor did Loretta Lynch nor DeBlasio. Cops want big guys, not those selling ciggies... Please become a Subscriber. Please become a patreon

My mother raised me to believe you will always get caught leaving me to wonder about Ponzi scammers and Wall Street thinking they wont, get caught that is. Day of reckonings come- June 5, 2019, the "Hoodoo Investment Advisor" Dawn Bennett is being sentenced in USA v Dawn Bennett, as is Bradley Mascho and 16+ miles away the SEC Securities and Exchange Commission that knew of Dawn Bennett's 28 year ponzi scam spree, and others has the SC reckoning too. The SEC knew Bennett's application papers were tampered... I wonder if the SEC will admit that at the BEST INTEREST event... nahhhh, when pigs fly..... when pigs fly Please subscribe, become a patreon

I met WAGS from BILLIONS on the backdrop of the greatest financial crimes of the world, crime cover up by the SEC Securities and Exchange Commission and FINRA the Financial Industry Regulatory Authority. BILLIONS is an homage to Preet Baharara. Preet was no legal genius. Preet was a minion that could only do what his agency was told to do. The consultant BILLIONS used told me what he the consultant did not know so I walked back to BILLIONs cast trailer to introduce myself as someone who does know, someone nipping at Wall Street's heels. These crimes against Investment Clients have to stop... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

SCOTUS Supreme Court Of The United States Justices have been knocking FINRA and the SEC Securities and Exchange Commission to the mat with affirming law as written not the way the SEC employees have been writing policy without authority harming Investors, policy helping cover up Securities Broker-Dealer firm crimes, from Law Enforcement. Maxine Waters hearings sound great when they happen with few for Investment Clients in mind... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

The days was going to come. It had to. The day was inevitable. Warren Buffett got ponzi scammed. The SEC Securities and Exchange Commission did not tell Law Enforcement. Business as usual on Wall Street. Warren Buffett is no smarter than you or me. Now, what was that again about FIDUCIARY the SEC and FINRA were fighting? Please subscribe my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

The Federal Trade Commission makes much of online romancing scams. The Federal Commission despite knowing from me for 7+ years of the HOODOO Investment Client scams, the SEC Securities and Exchange Commission scams the FINRA Financial Industry Regulatory scams, makes nothing of Wall Street protected scams of nice Investment Client victims. Why not? A Scam is a scam is a scam. A victim is a victim is a victim. One wheel, many variations thereof... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

FINRAs crimes cross borders in to place FINRA signed MoUs, Memorandums Of Understanding with which means FINRAs 'rules' supplant Laws in the countries FINRA, and the SEC Securities and Exchange Commission, signs too... Now all that needs to be done is tell the RCMP Royal Canadian Police... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

Alexandra is a former attorney for the SEC and currently provides consultation and legal services to crypto focused companies. She gives some very clear insight into what the SEC is thinking currently about crypto, ICOs, and other issues in the space.

What The Rock Dwayne Johnson TITANs can teach Investment Clients and Investment Advisors about beating Wall Street crime curators, the SEC Securities and Exchange Commission and FINRA Financial Industry Regulatory Authority employees conspire on to mislead the US Attorneys on Ponzi scammers the DOJ is supposed to have oversight of but.... Please subscribe to my Podcast https://carriedevorah.podomatic.com Become our 'patreon', please

Lorenzo can be charged under 10b-5 (a) and (c) even if he does not meet the qualifications to be charged under subsection (b) - as understood through the lens of Janus v SEC.

In this episode, we review S4, Ep7: "The Patent Troll" and discuss the legality of Bream Hall paying Erlich a finder’s fee, the differences between finders and broker-dealers, the pros and cons of hiring an attorney to negotiate a demand letter, and the three acts that govern investment activity.

¡Muy buenos días a todos! Hoy vengo a hablar de un tema que me han preguntado mucho. Se trata de los HFT o de los High Frequency Trading. Explicaré lo más básico ya que realmente hay centenares de cosas para hablar sobre este tema y como no soy un experto en ello, me gustaría un día traer a un experto en esto para tratar de que os explique en unas palabras mucho mejores que las mías, como se vive por dentro y de qué manera. La temática de hoy y es que como os digo, es una de las temáticas más interesantes que puedo hablar en cuanto a trading. Y es que hoy vengo hablaros, del HFT. Estas siglas significan High Frequency Trading, y significan en español Trading de alta frecuencia. Pero como siempre hago, explico desde el principio qué es esto del HFT: ¿Qué es el High-frequency trading? El HFT o trading de alta frecuencia, es un tipo de Trading que se hace a través de grandes y potentes ordenadores y de forma totalmente automática. Se hace a través de una serie de transacciones ultrarrápidas, capaces de poder ganar en la mayoría de las operaciones, una pequeña parte de beneficio. Es decir, lo que hacen, es intentar buscar muchos pequeños beneficios, para en conjunto, tener un beneficio grande. Normalmente estamos acostumbrados a oír que la mayoría de los traders ganan a partir de dos, tres, diez operaciones cada día. En este caso estos traders, son máquinas, ya que el humano no podría hacer su trabajo. Lo que ellos buscan, son pequeños movimientos, o ineficiencias de mercado, capaces de extraer una pequeña parte de beneficio, de forma continuada. Antiguamente todo el trading se hacía manual, aunque desde hace bastantes años, dada la tecnología aplicada a las finanzas, y más concretamente en el trading, se ha conseguido que las conexiones directas a la bolsa no tarden tanto como antiguamente. Esto ha provocado, que las grandes instituciones, Se hayan volcado en conseguir potentes ordenadores conectados a fibra óptica con conexión directa al mercado. Esto lo que hace, es que la ejecución electrónica, es decir, comprar y vender en fracciones de segundo, pase a ser una realidad en diferentes activos financieros. Podemos encontrar las máquinas de HFT en diferentes productos financieros: acciones, futuros, Forex u opciones. Lo que consiguen con estas máquinas y estas conexiones, es alrededor de miles de operaciones por segundo. Lo que quiere decir, es que un humano no puede competir ante tal velocidad de procesamiento, de envío de órdenes, y de, sobre todo, el análisis del mercado. La gracia de este tipo de trading, es que el riesgo que tienen por operación, es ínfimo. Lo que hacen, es entrar y salir del mercado, miles de veces por segundo, consiguiendo así una exposición muy pequeña, pero muchas veces. Lo que consiguen también, es olvidarse de tener operaciones abiertas de un día para otro. Todo esto empezó cuando la SEC (Securities and Exchange Commission de Estados Unidos), Autorizó en el 1998 la ejecución intercambio de forma electrónica de transacciones a través del ordenador. Con el tiempo las máquinas de alta frecuencia, han pasado de poder operar de una operación por segundo, a operaciones por un microsegundo. Lo que quiere decir, que ha sido la tecnología, la que ha permitido poder bajar de velocidad, y por tanto coma el número de veces que se exponen al mercado estas instituciones. De hecho, una de las cosas más relevantes que puedo destacar del High Frequency Trading, es que al principio de los 2000, el Trading alta frecuencia sólo significaba el 10% de las operaciones sobre diferentes productos financieros. Actualmente ya supera más del 80% de las transacciones que se hacen actualmente en el mercado financiero. Esto es debido a que muchas instituciones de gran volumen, hayan decidido tomar este tipo de trading, como base principal para conseguir beneficio en el mercado financiero. Una de las cosas que más me impresiona del HFT es lo que la tecnología ha podido hacer por este tipo de especulación. Y es por eso que durante estos años no ha hecho más que diferenciarse en mejorar nivel tecnológico y no solo a nivel estadístico. Es decir, que lo que más le interesa a la gente no es más que tener los servidores unos metros más cerca de la bolsa para llegar los primeros y a la vez, pagar fortunas por hacer llegar estas operaciones en el menor tiempo posible. Esto lo que provoca es que al final no se trate solo de trading, de estadística o de conocimientos en el trading. Si no que va más allá. Va a la barrera tecnológica. Directo a donde más les duele a los financieros. Que todo se base en la tecnología y no solo en finanzas. Y es que el presente ya no es el típico financiero. Actualmente, las salas de trading no están repletas de gente con carreras de finanzas. Son totalmente diferentes. Van más encarados a la programación y estadística y es que los que llenan las salas de trading institucional, en su gran mayoría, sobre todo, son aquellos que programan estrategias para ganar al mercado y no lo hacen financieros. Lo hacen informáticos, estadísticos y hasta físicos. Las cosas han cambiado y no se trata de tener un buen conocimiento de tal empresa o de tal valor. Se trata de ser muy bueno analizando datos (data science como se llama ahora en inglés) y, sobre todo, mostrar interés por la automatización de todo. No solo del análisis de estos datos, sino de las posiciones que se tienen y es que no olvidemos que las máquinas nos ayudan a mejorar en todos los aspectos y cuando alguien me comenta que no les gustan las máquinas en general y me dicen que es porque producen despidos o menos opciones laborales, les respondo con lo mismo que dije hace unos podcasts atrás: Las máquinas nos aportan: 1- Facilidad de llegar donde un humano no llega. En cuanto a precisión, a falta de sueño, falta de errores y, sobre todo, un coste inferior por un trabajo mejor realizado. 2- Mejoras continuas. Si el robot o la máquina nos permite analizar 3.000 valores en cuestión de un par de minutos mientras que un analista con 5 masters en economía en 2 minutos no hace más que abrir un gráfico, es obvio que prefiero, ya no solo como trader sino como empresario, al que me abarque más información en el menor tiempo posible. Obviamente pasa al revés: nadie se fija que, a estos informáticos, físicos o estadísticos, son contratados para hacer estos robots y para mejorarlos. Simplemente se ve la otra cara de la moneda y ven que son los financieros los que están despedidos o con falta de trabajo. No creo que es por falta de trabajo. Durante años, todos los trabajos han tenido y tendrán que mutar. Estamos en una sociedad cambiante. Totalmente nómada. No podemos pretender no aprender constantemente. Ya seas informático, físico o pediatra. Estas mejoras llegan a todos por igual, pero está claro que, si alguien lo hace mejor que tú, por menos dinero y además haciendo 2.999 cosas más que tú en el mismo tiempo, obviamente, contrataran a esa persona. En este caso, en vez de persona, sistema informático. Lo equiparo en este caso como un futbolista en el campo de futbol. En el campo, el entrenador tiene que poner a 11 jugadores solamente. ¿No veis normal que ponga a sus 11 mejores? ¿Qué pasa si el club ficha a uno que es mejor que uno de esos 11? Pues que queda relevado para dar paso al nuevo jugador y, de forma constante, meterlo en el campo. Pues las máquinas igual. Si son capaces de darte un análisis de miles de valores en cuestión de minutos, yo lo prefiero. Me ahorra dinero y, sobre todo, una cosa que no se puede comprar nunca, el tiempo. El ahorro de tiempo es espectacular. 3- Y, por último, lo que nos aportan las máquinas es reinventarnos. Cuando una máquina nos asusta porque nos dan la sensación que nos quita el trabajo, no tenemos que verlo así. Tenemos que ver la parte del vaso que está llena y eso quiere decir que tenemos que fijarnos en que nosotros no somos meros ejecutores de cosas repetitivas. Tenemos una cosa que nos diferencian de otras especies y se llama capacidad de pensar. No estamos aquí para ser todos esclavos de líneas de producción. Quien más piensa debe ser recompensado y es así desde hace siglos (obviamente, salvo algunas excepciones que hemos visto que los que más piensan no siempre son los que llegan lejos, sino mirad depende de qué políticos están al poder), pero lo que quiero decir es que no es más recompensado el que más títulos universitarios tiene o el que mejores notas saca, sino el que más se esfuerza por conseguir algo y usa todos sus recursos en hacerlo. Y nosotros, tenemos la capacidad de competir con millones de personas capaces de pensar igual que nosotros. Las máquinas, aun no tienen esa capacidad. Tenemos que inventar nuevos trabajos, nuevas maneras de sobrevivir económicamente hablando y eso me alegra a la vez que me emociona, ya que quiere decir que, en un futuro no muy lejano, existirán cosas que ahora mismo no existen y que no solo algunos sino todos, saldremos de nuestras zonas de confort. Cosa que algunos, más de los que creéis, necesitamos para sacar el potencial que tenemos dormido dentro de nosotros. Pues bien, este ha sido la primera parte que hago referencia a los HFT y es que el miércoles, dedicaré la segunda parte donde explicaré todas las aplicaciones del HFT más extensamente y podremos ver qué se puede hacer y qué no se puede hacer con el High Frequency Trading. ¡Así que como cada día y antes de despedirme, recordaros que me haríais muy feliz si pudierais valorar con 5 estrellas en iTunes y con me gustas en iVoox! ¡Así más gente puede escuchar este canal y los podcasts que voy haciendo día a día! ¡Y con esto, nada más! ¡Muchas gracias a todos y hasta el miércoles! La entrada 97. HFT Parte 1 aparece primero en Ferran P..

¡Muy buenos días a todos! Hoy vengo a hablar de un tema que me han preguntado mucho. Se trata de los HFT o de los High Frequency Trading. Explicaré lo más básico ya que realmente hay centenares de cosas para hablar sobre este tema y como no soy un experto en ello, me gustaría un día traer a un experto en esto para tratar de que os explique en unas palabras mucho mejores que las mías, como se vive por dentro y de qué manera. La temática de hoy y es que como os digo, es una de las temáticas más interesantes que puedo hablar en cuanto a trading. Y es que hoy vengo hablaros, del HFT. Estas siglas significan High Frequency Trading, y significan en español Trading de alta frecuencia. Pero como siempre hago, explico desde el principio qué es esto del HFT: ¿Qué es el High-frequency trading? El HFT o trading de alta frecuencia, es un tipo de Trading que se hace a través de grandes y potentes ordenadores y de forma totalmente automática. Se hace a través de una serie de transacciones ultrarrápidas, capaces de poder ganar en la mayoría de las operaciones, una pequeña parte de beneficio. Es decir, lo que hacen, es intentar buscar muchos pequeños beneficios, para en conjunto, tener un beneficio grande. Normalmente estamos acostumbrados a oír que la mayoría de los traders ganan a partir de dos, tres, diez operaciones cada día. En este caso estos traders, son máquinas, ya que el humano no podría hacer su trabajo. Lo que ellos buscan, son pequeños movimientos, o ineficiencias de mercado, capaces de extraer una pequeña parte de beneficio, de forma continuada. Antiguamente todo el trading se hacía manual, aunque desde hace bastantes años, dada la tecnología aplicada a las finanzas, y más concretamente en el trading, se ha conseguido que las conexiones directas a la bolsa no tarden tanto como antiguamente. Esto ha provocado, que las grandes instituciones, Se hayan volcado en conseguir potentes ordenadores conectados a fibra óptica con conexión directa al mercado. Esto lo que hace, es que la ejecución electrónica, es decir, comprar y vender en fracciones de segundo, pase a ser una realidad en diferentes activos financieros. Podemos encontrar las máquinas de HFT en diferentes productos financieros: acciones, futuros, Forex u opciones. Lo que consiguen con estas máquinas y estas conexiones, es alrededor de miles de operaciones por segundo. Lo que quiere decir, es que un humano no puede competir ante tal velocidad de procesamiento, de envío de órdenes, y de, sobre todo, el análisis del mercado. La gracia de este tipo de trading, es que el riesgo que tienen por operación, es ínfimo. Lo que hacen, es entrar y salir del mercado, miles de veces por segundo, consiguiendo así una exposición muy pequeña, pero muchas veces. Lo que consiguen también, es olvidarse de tener operaciones abiertas de un día para otro. Todo esto empezó cuando la SEC (Securities and Exchange Commission de Estados Unidos), Autorizó en el 1998 la ejecución intercambio de forma electrónica de transacciones a través del ordenador. Con el tiempo las máquinas de alta frecuencia, han pasado de poder operar de una operación por segundo, a operaciones por un microsegundo. Lo que quiere decir, que ha sido la tecnología, la que ha permitido poder bajar de velocidad, y por tanto coma el número de veces que se exponen al mercado estas instituciones. De hecho, una de las cosas más relevantes que puedo destacar del High Frequency Trading, es que al principio de los 2000, el Trading alta frecuencia sólo significaba el 10% de las operaciones sobre diferentes productos financieros. Actualmente ya supera más del 80% de las transacciones que se hacen actualmente en el mercado financiero. Esto es debido a que muchas instituciones de gran volumen, hayan decidido tomar este tipo de trading, como base principal para conseguir beneficio en el mercado financiero. Una de las cosas que más me impresiona del HFT es lo que la tecnología ha podido hacer por este tipo de especulación. Y es por eso que durante estos años no ha hecho más que diferenciarse en mejorar nivel tecnológico y no solo a nivel estadístico. Es decir, que lo que más le interesa a la gente no es más que tener los servidores unos metros más cerca de la bolsa para llegar los primeros y a la vez, pagar fortunas por hacer llegar estas operaciones en el menor tiempo posible. Esto lo que provoca es que al final no se trate solo de trading, de estadística o de conocimientos en el trading. Si no que va más allá. Va a la barrera tecnológica. Directo a donde más les duele a los financieros. Que todo se base en la tecnología y no solo en finanzas. Y es que el presente ya no es el típico financiero. Actualmente, las salas de trading no están repletas de gente con carreras de finanzas. Son totalmente diferentes. Van más encarados a la programación y estadística y es que los que llenan las salas de trading institucional, en su gran mayoría, sobre todo, son aquellos que programan estrategias para ganar al mercado y no lo hacen financieros. Lo hacen informáticos, estadísticos y hasta físicos. Las cosas han cambiado y no se trata de tener un buen conocimiento de tal empresa o de tal valor. Se trata de ser muy bueno analizando datos (data science como se llama ahora en inglés) y, sobre todo, mostrar interés por la automatización de todo. No solo del análisis de estos datos, sino de las posiciones que se tienen y es que no olvidemos que las máquinas nos ayudan a mejorar en todos los aspectos y cuando alguien me comenta que no les gustan las máquinas en general y me dicen que es porque producen despidos o menos opciones laborales, les respondo con lo mismo que dije hace unos podcasts atrás: Las máquinas nos aportan: 1- Facilidad de llegar donde un humano no llega. En cuanto a precisión, a falta de sueño, falta de errores y, sobre todo, un coste inferior por un trabajo mejor realizado. 2- Mejoras continuas. Si el robot o la máquina nos permite analizar 3.000 valores en cuestión de un par de minutos mientras que un analista con 5 masters en economía en 2 minutos no hace más que abrir un gráfico, es obvio que prefiero, ya no solo como trader sino como empresario, al que me abarque más información en el menor tiempo posible. Obviamente pasa al revés: nadie se fija que, a estos informáticos, físicos o estadísticos, son contratados para hacer estos robots y para mejorarlos. Simplemente se ve la otra cara de la moneda y ven que son los financieros los que están despedidos o con falta de trabajo. No creo que es por falta de trabajo. Durante años, todos los trabajos han tenido y tendrán que mutar. Estamos en una sociedad cambiante. Totalmente nómada. No podemos pretender no aprender constantemente. Ya seas informático, físico o pediatra. Estas mejoras llegan a todos por igual, pero está claro que, si alguien lo hace mejor que tú, por menos dinero y además haciendo 2.999 cosas más que tú en el mismo tiempo, obviamente, contrataran a esa persona. En este caso, en vez de persona, sistema informático. Lo equiparo en este caso como un futbolista en el campo de futbol. En el campo, el entrenador tiene que poner a 11 jugadores solamente. ¿No veis normal que ponga a sus 11 mejores? ¿Qué pasa si el club ficha a uno que es mejor que uno de esos 11? Pues que queda relevado para dar paso al nuevo jugador y, de forma constante, meterlo en el campo. Pues las máquinas igual. Si son capaces de darte un análisis de miles de valores en cuestión de minutos, yo lo prefiero. Me ahorra dinero y, sobre todo, una cosa que no se puede comprar nunca, el tiempo. El ahorro de tiempo es espectacular. 3- Y, por último, lo que nos aportan las máquinas es reinventarnos. Cuando una máquina nos asusta porque nos dan la sensación que nos quita el trabajo, no tenemos que verlo así. Tenemos que ver la parte del vaso que está llena y eso quiere decir que tenemos que fijarnos en que nosotros no somos meros ejecutores de cosas repetitivas. Tenemos una cosa que nos diferencian de otras especies y se llama capacidad de pensar. No estamos aquí para ser todos esclavos de líneas de producción. Quien más piensa debe ser recompensado y es así desde hace siglos (obviamente, salvo algunas excepciones que hemos visto que los que más piensan no siempre son los que llegan lejos, sino mirad depende de qué políticos están al poder), pero lo que quiero decir es que no es más recompensado el que más títulos universitarios tiene o el que mejores notas saca, sino el que más se esfuerza por conseguir algo y usa todos sus recursos en hacerlo. Y nosotros, tenemos la capacidad de competir con millones de personas capaces de pensar igual que nosotros. Las máquinas, aun no tienen esa capacidad. Tenemos que inventar nuevos trabajos, nuevas maneras de sobrevivir económicamente hablando y eso me alegra a la vez que me emociona, ya que quiere decir que, en un futuro no muy lejano, existirán cosas que ahora mismo no existen y que no solo algunos sino todos, saldremos de nuestras zonas de confort. Cosa que algunos, más de los que creéis, necesitamos para sacar el potencial que tenemos dormido dentro de nosotros. Pues bien, este ha sido la primera parte que hago referencia a los HFT y es que el miércoles, dedicaré la segunda parte donde explicaré todas las aplicaciones del HFT más extensamente y podremos ver qué se puede hacer y qué no se puede hacer con el High Frequency Trading. ¡Así que como cada día y antes de despedirme, recordaros que me haríais muy feliz si pudierais valorar con 5 estrellas en iTunes y con me gustas en iVoox! ¡Así más gente puede escuchar este canal y los podcasts que voy haciendo día a día! ¡Y con esto, nada más! ¡Muchas gracias a todos y hasta el miércoles! La entrada 97. HFT Parte 1 aparece primero en Ferran P..