Podcasts about securities exchange commission sec

By Selva Ozelli SNPIT is a groundbreaking snap-to-earn blockchain platform that allows photographers to monetize their photography by creating NFT's and selling them. Developed by Gallusys and published by Zeal Nova, SNPIT has garnered significant attention and success in Japan. SNPIT a blockchain solution for photography SNPIT taps into the contemporary habit of frequent photography by allowing photographers to earn rewards for their work by creating NFTs. Tokenizing photography is the practice of creating and selling unique digital editions of photographs as NFTs on blockchain platforms like SNPIT. These NFTs can include anything from fine art prints to press photos, to photos of art work and they are often accompanied by exclusive content like videos or audio recordings. A photographic NFT is more than just an expensive jpeg or a digital license allowing a collector to share photographer's art freely. It is a digital asset and photographer's proof of provenance traceable to the photographer at its origin on the blockchain. Since its beta launch in September 2023 after the NFT market boom, the SNPIT platform has garnered immense attention. Within a mere 21 hours, SNPIT completely sold out its collection of 10,000 Camera NFTs priced at 150 $MATIC each. In the US, on June 5 and then again on November 20, 2023, the Securities Exchange Commission ("SEC') named Polygon's $MATIC as an 'unregistered security' involved in the digital asset trading on the Binance and Kraken crypto exchanges. Since then, CoinMarketCap's data revealed that $MATIC's price dropped considerably. This swift sell-out of NFTs in exchange for $MATIC in Japan, underscores the platform's rising popularity and the considerable interest in its unique features. SNIPIT is now expanding globally to introduce its innovative features to new markets focusing on Korea, MENA, and English-speaking regions Website hopefully with regulatory compliance in each new jurisdiction as the company expands globally following the tokenized collectibles trend. Toshiyuki Otsuka, the visionary CEO and founder of SNPIT, explained "SNPIT transcends being just an app; it's a movement empowering users to transform everyday moments into valuable assets. Our successful debut in Japan validates our vision, and we are excited to introduce SNPIT to a global audience. We firmly believe that our innovative blend of lifestyle and GameFi, powered by DePIN technology, will resonate with users worldwide, and we remain committed to expanding our influence." Strategic partnerships have been instrumental in enhancing SNPIT's visibility and attracting a diverse user base. Recently, SNPIT has launched the "World Repository," a photo database leveraging DePIN (Decentralized Physical Infrastructure Network) technology, allowing users to upload photos with precise timestamps and location data. The "World Repository" aims to revolutionize how we document, share, and use visual data, fostering a more connected and informed world by enhancing map services with detailed area information. By inviting global contributions, the "World Repository" securely stores and makes these photos accessible worldwide. The database supports various applications, including cultural heritage restoration, metaverse content creation, environmental conservation, and generative AI training. For example, photographers could celebrate World Environment Day on June 5th hosted by the Kingdom of Saudi Arabia with theme of land restoration, desertification and drought resilience by uploading their photos of the desert from the Kingdom of Saudi Arabia to the World Repository. Or photographers can celebrate World Oceans Day on June 8th, hosted in-person at the UN Headquarters in New York and broadcast digitally live worldwide with a theme Awaken New Depths by uploading photos from the UNESCO OCEAN DECADE TIDES OF CHANGE WAVES OF HOPE ART SHOW hosted by Art on the Ave NYC at Fulton Center of art work of artists: Alfons Rodriguez (Melting A...

In the latest Thomson Reuters Institute Insights podcast, Natalie Runyon, strategist for environmental, social & governance (ESG) content at the Thomson Reuters Institute, speaks with Sarah E. Fortt, partner and global co-chair of the ESG Practice at Latham & Watkins, about the Securities & Exchange Commission (SEC) imposing a stay on its own climate rules amid pending litigation. In the podcast, the pair discuss the implications of the SEC's new rules, when the pending litigation can be resolved, and what companies need to do now to navigate the rules' uncertainty.

A recent Coincub report showed activity dynamics in cryptocurrency exchanges globally last year. The United States, Europe, India, Indonesia, and Turkey lead the list of countries with the most traffic, each for unique reasons tied to their economic and regulatory characteristics. Crypto Exchanges In 2023 The report also revealed a looming paradigm shift with heightened competition from emerging exchanges threatening the positions of established Binance and Coinbase. In the following sections, we explore the busiest crypto exchanges in the world, peeling back the layers of the extraordinary global interest in cryptocurrencies and specific platforms. Europe Dominates Global Per Capita Visits Europe topped the list for the most per capita visits to crypto exchanges. The spike can be attributed to increasing regulations after the European Union approved the world's first comprehensive set of regulations to govern crypto assets, bringing some order to the previously unregulated "Wild West" crypto industry. The new E.U. legislation introduced a "travel rule" similar to traditional finance, aiming to make crypto transactions traceable and block suspicious and illegitimate transactions. More recently, they tried to tilt the scale in favor of local firms and limit non-EU crypto companies. Despite facing multiple legal battles worldwide, Binance emerged as the dominant player across several countries, including Sweden and Ukraine, with 56.3% of the Swedish traffic and 48.9% of the Ukraine traffic. The preference for Binance is partly because the exchange aimed to offer some of the lowest fees in the industry. However, the exchange has also invested heavily in advertising, using iconic sports personalities, social media, mobile application ads, and other opportunities to push the brand in front of everyone's eyes. Binance is one of many dominant forces in Europe, while exchanges like Coinbase and Tidex boast strongholds in specific countries like the United Kingdom and Italy. Tidex, based in Italy, has 29.7% of its traffic from the country, while 30% of the U.K.'s visitors preferred Coinbase. The Netherlands also stands out, accounting for a remarkable 79.0% of all traffic to the Bitvavo exchange. Hungary and Malta also have significant market share in their respective crypto exchanges, with Tidex dominating the market share in both countries. These exchanges are building traction in individual countries, which hints at a future fragmented market where multiple players are forced to share equal pieces of the pie. Smaller countries like Lichtenstein and Monaco also have notable crypto exchange activity dominated by unique players like Whitebit and Kraken, further highlighting the competitive landscape emerging in Europe. United States Maintains Top Spot for Most Traffic The United States remained a dominant force in 2023. With more than half of all exchange visits, the North American market is the focus of many top crypto exchanges, despite the country's criticism for its sluggish approach to crypto rule-making. Federal agencies like the SEC, CFTC, FTC, and Treasury, including the IRS, OCC, and FinCEN, had shown interest in cryptocurrencies, praising the technology, but little formal rulemaking occurred. When innovators began moving away from the country, the congressional committee was prompted to pass a major crypto bill, which turned out to be a significant victory for the cryptocurrency industry. The government also warned that it would cut off exchanges that failed to block and report illicit crypto transactions. Selva Ozelli Esq., CPA, Author of "Sustainably Investing in Digital Assets", explained - "In the US, digital assets, particularly post-2022 bear market, have been the focus of much attention by both federal and state governments. Investors should beware that federal agencies Securities Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), Financial Crimes Enforcement Network (FINCEN), Internal Revenue S...

Hooray !! Spot Bitcoin ETFs are finally approved by the Securities Exchange Commission (SEC) in what is being called a watershed moment for crypto. Now what happens? In this episode, Ian Andrews (CMO, Chainalysis) sits down with Jeffrey Billingham (Strategic Initiatives, Chainalysis) who has been watching the Bitcoin ETF situation unfold since the Winklevoss twins first filed for a bitcoin (BTC) exchange-traded fund (ETF) in July 2013. Jeff and Ian delve into the significance of these ETFs, explaining how they simplify access to bitcoin as an asset class and eliminate the technological hurdles of owning and transacting with cryptocurrency. Jeff also explores the difference between spot and futures ETFs, the role of custodians and authorized participants, and the impact of surveillance-sharing agreements on market manipulation concerns. They cover the immediate impact of these ETFs on the trading volume of Bitcoin and hypothesize on the future of ETFs and the potential for asset tokenization. Minute-by-minute episode breakdown (2:13) - Overview of the launch of Bitcoin ETFs and significant trade volume (4:43) - Explanation of what an ETF is and its significance of it being a Spot Bitcoin ETF (9:20) - Understanding ETF stakeholders like authorized participants, sponsors and custodians  (11:40) - Impact of cash model for ETF transactions and hope for future in-kind transactions (15:24) - Regulatory concerns about market manipulation and fraud (18:23) - Surveillance-sharing agreements and increased transparency to secure SEC approvals (20:51) - Maturation of crypto as an asset class and its implications on original Bitcoin ethos (24:05) - Potential influence of ETFs on real-world asset tokenization  (26:18) - Expectations for the future of ETFs Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Chainalysis: Paving the way for a global economy built on blockchains Article: CNBC: Bitcoin ETFs have a key difference from their stock fund counterparts Article: Blockworks: How ‘surveillance-sharing' is designed to deter bitcoin ETF manipulation Blog: CSAM and Cryptocurrency: On-chain Analysis Suggests CSAM Vendors May Benefit from Privacy Coins like Monero and Other Obfuscation Measures Announcement: SEC's official X/Twitter account compromised Conference: Chainalysis Links NYC 2024 Conference (Early Bird Pricing Expires Soon) Blog - 2024 Crypto Crime Trends: Illicit Activity Down as Scamming and Stolen Funds Fall, But Ransomware and Darknet Markets See Growth YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Telegram: Chainalysis on Telegram  Speakers on today's episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jeffrey Billingham (Strategic Initiatives, Chainalysis) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.  

It was a disastrous week for cryptocurrency in the United States, as the Securities Exchange Commission (SEC) filed suit against the two biggest exchanges, Binance and Coinbase, on a theory that makes it nearly impossible to run a cryptocurrency exchange that is competitive with overseas exchanges. Nick Weaver lays out the differences between “process crimes” and “crime crimes,” and how they help distinguish the two lawsuits. The SEC action marks the end of an uneasy truce, but not the end of the debate. Both exchanges have the funds for a hundred-million-dollar defense and lobbying campaign. So you can expect to hear more about this issue for years (and years) to come. I touch on two AI regulation stories. First, I found Mark Andreessen's post trying to head off AI regulation pretty persuasive until the end, where he said that the risk of bad people using AI for bad things can be addressed by using AI to stop them. Sorry, Mark, it doesn't work that way. We aren't stopping the crimes that modern encryption makes possible by throwing more crypto at the culprits.  My nominee for the AI Regulation Hall of Fame, though, goes to Japan, which has decided to address the phony issue of AI copyright infringement by declaring that it's a phony issue and there'll be no copyright liability for their AI industry when they train models on copyrighted content. This is the right answer, but it's also a brilliant way of borrowing and subverting the EU's GDPR model (“We regulate the world, and help EU industry too”). If Japan applies this policy to models built and trained in Japan, it will give Japanese AI companies at least an arguable immunity from copyright claims  around the world. Companies will flock to Japan to train their models and build their datasets in relative regulatory certainty. The rest of the world can follow suit or watch their industries set up shop in Japan. It helps, of course, that copyright claims against AI are mostly rent-seeking by Big Content, but this has to be the smartest piece of international AI regulation any jurisdiction has come up with so far. Kurt Sanger, just back from a NATO cyber conference in Estonia, explains why military cyber defenders are stressing their need for access to the private networks they'll be defending. Whether they'll get it, we agree, is another kettle of fish entirely. David Kris turns to public-private cooperation issues in another context. The Cyberspace Solarium Commission has another report out. It calls on the government to refresh and rethink the aging orders that regulate how the government deals with the private sector on cyber matters. Kurt and I consider whether Russia is committing war crimes by DDOSing emergency services in Ukraine at the same time as its bombing of Ukrainian cities. We agree that the evidence isn't there yet.  Nick and I dig into two recent exploits that stand out from the crowd. It turns out that Barracuda's security appliance has been so badly compromised that the only remedial measure involve a woodchipper. Nick is confident that the tradecraft here suggests a nation-state attacker. I wonder if it's also a way to move Barracuda's customers to the cloud.  The other compromise is an attack on MOVEit Transfer. The attack on the secure file transfer system has allowed ransomware gang Clop to download so much proprietary data that they have resorted to telling their victims to self-identify and pay the ransom rather than wait for Clop to figure out who they've pawned. Kurt, David, and I talk about the White House effort to sell section 702 of FISA for its cybersecurity value and my effort, with Michael Ellis, to sell 702 (packaged with intelligence reform) to a conservative caucus that is newly skeptical of the intelligence community. David finds himself uncomfortably close to endorsing our efforts. Finally, in quick updates: Nick talks about Tesla's Full Self Driving, and the accidents it has been involved in I warn listeners that Virginia has joined the ranks of states that require an ID proving age to access Pornhub. I predict that twenty states will adopt such a requirement in the next year Download 462nd Episode (mp3) You can subscribe to The Cyberlaw Podcast using iTunes, Google Play, Spotify, Pocket Casts, or our RSS feed. As always, The Cyberlaw Podcast is open to feedback. Be sure to engage with @stewartbaker on Twitter. Send your questions, comments, and suggestions for topics or interviewees to CyberlawPodcast@gmail.com. Remember: If your suggested guest appears on the show, we will send you a highly coveted Cyberlaw Podcast mug! The views expressed in this podcast are those of the speakers and do not reflect the opinions of their institutions, clients, friends, families, or pets.  

It was a disastrous week for cryptocurrency in the United States, as the Securities Exchange Commission (SEC) filed suit against the two biggest exchanges, Binance and Coinbase, on a theory that makes it nearly impossible to run a cryptocurrency exchange that is competitive with overseas exchanges. Nick Weaver lays out the differences between “process crimes” and “crime crimes,” and how they help distinguish the two lawsuits. The SEC action marks the end of an uneasy truce, but not the end of the debate. Both exchanges have the funds for a hundred-million-dollar defense and lobbying campaign. So you can expect to hear more about this issue for years (and years) to come. I touch on two AI regulation stories. First, I found Mark Andreessen's post trying to head off AI regulation pretty persuasive until the end, where he said that the risk of bad people using AI for bad things can be addressed by using AI to stop them. Sorry, Mark, it doesn't work that way. We aren't stopping the crimes that modern encryption makes possible by throwing more crypto at the culprits.  My nominee for the AI Regulation Hall of Fame, though, goes to Japan, which has decided to address the phony issue of AI copyright infringement by declaring that it's a phony issue and there'll be no copyright liability for their AI industry when they train models on copyrighted content. This is the right answer, but it's also a brilliant way of borrowing and subverting the EU's GDPR model (“We regulate the world, and help EU industry too”). If Japan applies this policy to models built and trained in Japan, it will give Japanese AI companies at least an arguable immunity from copyright claims  around the world. Companies will flock to Japan to train their models and build their datasets in relative regulatory certainty. The rest of the world can follow suit or watch their industries set up shop in Japan. It helps, of course, that copyright claims against AI are mostly rent-seeking by Big Content, but this has to be the smartest piece of international AI regulation any jurisdiction has come up with so far. Kurt Sanger, just back from a NATO cyber conference in Estonia, explains why military cyber defenders are stressing their need for access to the private networks they'll be defending. Whether they'll get it, we agree, is another kettle of fish entirely. David Kris turns to public-private cooperation issues in another context. The Cyberspace Solarium Commission has another report out. It calls on the government to refresh and rethink the aging orders that regulate how the government deals with the private sector on cyber matters. Kurt and I consider whether Russia is committing war crimes by DDOSing emergency services in Ukraine at the same time as its bombing of Ukrainian cities. We agree that the evidence isn't there yet.  Nick and I dig into two recent exploits that stand out from the crowd. It turns out that Barracuda's security appliance has been so badly compromised that the only remedial measure involve a woodchipper. Nick is confident that the tradecraft here suggests a nation-state attacker. I wonder if it's also a way to move Barracuda's customers to the cloud.  The other compromise is an attack on MOVEit Transfer. The attack on the secure file transfer system has allowed ransomware gang Clop to download so much proprietary data that they have resorted to telling their victims to self-identify and pay the ransom rather than wait for Clop to figure out who they've pawned. Kurt, David, and I talk about the White House effort to sell section 702 of FISA for its cybersecurity value and my effort, with Michael Ellis, to sell 702 (packaged with intelligence reform) to a conservative caucus that is newly skeptical of the intelligence community. David finds himself uncomfortably close to endorsing our efforts. Finally, in quick updates: Nick talks about Tesla's Full Self Driving, and the accidents it has been involved in I warn listeners that Virginia has joined the ranks of states that require an ID proving age to access Pornhub. I predict that twenty states will adopt such a requirement in the next year Download 462nd Episode (mp3) You can subscribe to The Cyberlaw Podcast using iTunes, Google Play, Spotify, Pocket Casts, or our RSS feed. As always, The Cyberlaw Podcast is open to feedback. Be sure to engage with @stewartbaker on Twitter. Send your questions, comments, and suggestions for topics or interviewees to CyberlawPodcast@gmail.com. Remember: If your suggested guest appears on the show, we will send you a highly coveted Cyberlaw Podcast mug! The views expressed in this podcast are those of the speakers and do not reflect the opinions of their institutions, clients, friends, families, or pets.  

In this video, we're revealing airlines' shocking excuse for high ticket prices. According to them, it's all due to high fuel prices!Shockingly, this is one of the many excuses airlines use to justify high ticket prices. Apparently, this is the only explanation for why tickets are so expensive.Do you think airlines are actually justified in raising ticket prices? Let us know in the comments below!--Chiang Mai civic groups file class action suits against PM, NEB and SECrepresentatives of civic groups in Thailand's Chiang Mai province filed class action lawsuits with the Provincial Administrative Court today (Monday) against Prime Minister Prayut Chan-o-cha, the National Environment Board (NEB) and the Securities Exchange Commission (SEC) for their alleged failure to enforce the laws to tackle PM2.5 pollution, which has been threatening the livelihoods and health of the people in northern provinces.Source - Thai PBS WorldUnpaid traffic fine means no road tax renewal, confirms PLTO PHUKET: Effective from Apr 1, 2023, annual road tax renewal is no longer available for drivers with unpaid traffic fines. The new rule is based on an agreement between the Department of Land Transport (DLT) and Royal Thai Police (RTP) and is already being enforced in Phuket, as has been confirmed to The Phuket News by Adcha Buachan, Chief of the Phuket Land Transport Office (PLTO), the provincial branch of the DLT.  Source - The Phuket NewsAirlines defend pricey plane ticketsAirlines are defending their expensive tickets, saying the rates reflect a spike in operational costs due to surging fuel prices and several other factors.Source – The Bangkok PostPhuket expects big holiday boostVisitors to Phuket during the Songkran Festival are expected to exceed those of 2019, with numbers 30% higher than before the pandemic, while authorities believe local tourism will generate 4.5 billion baht in revenue.Source – The Bangkok PostMore phone-free gigs expected for Irish audiencesIrish audiences can expect to see more 'phone-free' gigs on offer as several large comedy acts opt to ban mobiles to improve the viewing experience. A ‘phone-free' gig means the audience must lock away their phones, either in a box or pouch that they keep on their person, and it's unlocked at the end of the gig.Source - RTE--Want to support the show? Then why not buy me a coffee! You can do so by following the link belowhttps://www.buymeacoffee.com/thaiexpatshow--Interested in starting your own podcast like the Thai Expat Daily Show? I use Buzzsprout and I can't recommend it highly enough. It makes everything super easy. Sign up today to get on the path to making great podcasts!https://www.buzzsprout.com/?referrer_id=1751572--Check out our website and forum - https://www.thaiexpatdailyshow.com--LIKE & SUBSCRIBE for new videos every dayhttps://www.youtube.com/channel/UCB8khQ_NapVMDiW09oqL-rw--Listen to our podcast on Spotify, Apple, and Amazon or on our podcast website: https://thaiexpatdailyshow.buzzsprout.com--Facebook - https://www.facebook.com/thaiexpatdailyshow--#thaiexpatdailyshow #thailandnews #phuketnewsSupport the show

Danish beer titan Carlsberg is buying Canadian brewery Waterloo Brewing for a cool, crisp, and hoppy $144 million in the largest deal ever for a Canadian brewery. The US Justice Department and Securities Exchange Commission (SEC) charged eight finance influencers with defrauding investors of US$114 million through “pump and dump” schemes, in which they encouraged followers to sink money into penny stocks to artificially inflate their prices and then sold their shares of to earn a tidy (and illicit) profit. The Center for Countering Digital Hate set up new TikTok accounts with an age setting of 13 and monitored the first 30 minutes of content delivered on the platform's algorithmically personalized “For You” page. Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TO The Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.

Welcome to this week's Digital Bytes. This week we have analysis on the following topics: Blockchain and crypto adoption in Latin America - some Latin American countries have turned to virtual money as a safer and more profitable option following the fall in government-regulated currencies. Between 2019 and 2021, the use of cryptocurrencies in Latin America rose by 1,370%; at about the same time, El Salvador approved Bitcoin as an official legal tender, becoming the first country to do so. Meanwhile, we are seeing a growing use of blockchain technology in a variety of business sectors. Digital assets in vehicles - in February 2022, Porsche became the first auto manufacturer to successfully test blockchain in its cars, with many other car manufacturers also exploring ways to integrate this game-changing technology into their vehicles. Between themselves, they are all aiming to take advantage of its potential to dramatically change how information or data is stored and used, subsequently enhancing transparency and security and improving transactions. Is decentralisation the next evolution of UK financial regulation? - with the continued growth in both the range and reach of digital assets, how will financial regulation evolve? In this article, the issues and challenges facing those looking to regulate crypto in the UK are summarised with comments on the fact that rather than fight it, regulators need to embrace and learn from crypto and distributed ledger technology. The Securities Exchange Commission (SEC) fights to stay relevant for the crypto market - the SEC has been actively pursuing crypto firms whom it believes have broken security regulations and has issued over 80 fines ($2billion) so far. However, the role of crypto regulator may pass to the Commodities Futures Trading Commission (CFTC), not the SEC, and thus give the US crypto-regulatory clarity whilst encouraging innovation for digital assets. --- Send in a voice message: https://anchor.fm/jtylee/message

Inflation Another month, another extremely high inflation rate. The CPI came in today for the month of June at 9.1% which topped the estimate of 8.8% and was the highest level since November 1981. Energy inflation was top of mind yet again as gasoline prices climbed close to 60% compared to one year ago, electricity prices grew 13.7% over the same time frame, and natural gas was up 38.4%. Food prices also remained hot as they rose 10.4% over the last 12 months and the shelter index was up 5.6% which was the highest level since February 1991. One area that is seeing a "reprieve" from what I believe is more difficult comparisons is car prices. The cost for new vehicles was up 11.4% compared to last year and the used car & truck index was up 7.1% during the same time frame. Remember recently this was around 30%! With that said I still believe inflation will be lighter as we exit the year, but all lighter means is not as high! We have started to see some reduction in commodity prices which could help with input costs for companies and could slow the CPI in the months ahead. Remember it takes time for these various costs to work through supply chains and the overall economy. Producer Price Index (PPI) After yesterday's CPI report, the Producer Price Index (PPI) remained around historic levels. In the month of June, Headline PPI was up 1.1% compared to the month of May and increased 11.3% compared to last year (Recent all-time high was 11.6% in March). Of the month over month gain almost 90% came from a 10% increase in final demand energy. One positive note was the core PPI which excludes energy, as well as food and trade service prices was up 6.4% compared to last year. This was a deceleration from May's 6.8% gain and off the 7.1% gain we saw in March. Unfortunately, with these elevated prices, the higher costs will likely continue to be passed on to the end consumer. Recession There may be a recession coming but it will be the best recession we may have seen in our lifetime. There's not enough room in this post to list all the reasons so I will have to summarize some of the facts briefly. Inventory levels at many companies are low. Profit margins at companies are high around 18%. For reference, profit margins heading into recessions in 1991 and 2001 fell to single digits. Businesses are sitting on a record $4 trillion in cash. Households still have $18.5 trillion in checking accounts, savings accounts, and money market mutual funds which is about $5 trillion higher than before the pandemic. The job market is still very strong and in the 12 recessions since World War II that has never been the case. And I forgot to mention in the second quarter many commodities like soybeans, wheat and corn have dropped double digits. You may hear the media and other worry warts screaming the sky is falling like chicken little. But I believe this will not even feel like a recession. Let's see where we stand December 31, 2022. In the meantime, I'll be keeping my eye on the important data not the media hype! Housing Market Historically, slowdowns in new home construction have been a leading indicator for past recessions. In the month of May we saw new home construction drop 14% from a month earlier, but before you hit the panic button it's important to look at the lessons home builders learned from the housing crisis in 2007. During that time frame they drastically overbuilt, which does not appear to be the case this time around. In fact, in the first quarter, total US spending on home building was 22% below the pace of building at the peak of the early 2000s. I believe we have an expensive housing market set for a pullback, but by no means do I believe we have a housing crisis that led to the Great Recession in 2008 and 2009. Mortgage Rates People have been worrying about the increase in mortgage rates, but historically they are not out of control by any means. In fact, if you go back to 1971 the long-term average for 30-year mortgage rates is just under 8% and the record high that came about in 1981 was 16.64%! At around 6% I'd say we now have a more normalized interest rate environment and the days of getting under a 3% mortgage are in the past. Business Ethics I'm glad to see in what we may call these crazy times that ethics are still important. The Securities Exchange Commission (SEC) fined the accounting firm Ernst and Young $100 million for cheating on ethics exams. It is so important to keep the integrity of our businesses and our young graduates coming out from higher education good ethics result in a good long-term career. Job Retention As the economy slows down job retention should be on more employees' minds. A couple of things to think about. First if you switch jobs and you're the new hire at the company and there's a layoff you'll probably be the first one to go. Make sure your face is seen at the office, working remotely makes you less memorable and produces less of a connection with the employer which makes it much easier to put you on the list to go first. Make sure you're doing extra training to be more valuable to your employer and also show up to work a little early and don't leave right at 5 o'clock. Show your boss you care. If layoffs at your firm come around in the next 6 to 12 months, you want to make sure that you're known as a hard worker and that you're dependable. Employers We have been continually talking about the strong job market and how it will soften a recession. The average increase in base pay in the US so far in 2022 is 4.8%. This is what employers are coming up with to retain their employees. This is not like the past 12 recessions since World War II where employers were trying to reduce their employees pay to save money. About a third of employers are considering or planning midyear raises and many employers are giving percentage bonuses in the month of July. This is great news for consumers and the economy. The downside is inflation is eating into these gains. Retail Sales Retail sales came out today and I'd say it was an alright report. June retail sales were up 1% compared to May and compared to June 2021 they grew 8.4%. While that is a nice growth rate, it is important to remember inflation was 9.1% in the month which means the sales did not likely produce a real growth rate when accounting for inflation. Categories that drove the sales included gas stations which were up 49.1%, grocery stores up 8.3%, and food services and drinking places up 13.4%. Areas that were weak included electronics and appliance stores which were down 9.1%, department stores were down 2.9%, and auto & other motor vehicle dealers were down 1.1%. With the numbers now in for the full quarter I still believe it's possible GDP contracted again in Q2 as consumer spending was not able to keep up with inflation. Food Prices I don't know about you, but I really like corn on the cob with a nice coating of butter. Unfortunately, corn is one of the food categories because of the Russia and Ukraine war that has shot up 27% since January. On the other side of the coin rice has fallen 17% since January so maybe I will have to switch over to fried rice. However, health wise that is probably not the healthiest decision.   Harrison Johnson, CFP®: "Tax-loss Harvesting"

The global crypto markets were up 3.6% to US$928.56bln in Friday's early trade, rounding a topsy-turvy week off on a positive note. Bitcoin was up 2.62% to US$20,627, while Ethereum added a healthy 8.85% bringing its price to US$1,202. The strong day-on-day growth outflanked the blue-chip indexes, which saw deepening losses, although performance on a weekly basis remains firmly in the red for now. Network tokens continued to recover lost ground, with Binance's BNB coin up 3.35%, Cardano up 3.23%, Solana up 7.84% and Polkadot up 4.17%. Ripple's XRP payment token enjoyed a 6.07% rally on the back of a decisive win in the long-running securities dispute with the Securities Exchange Commission (SEC). Polygon's MATIC token rallied 8.2% following a partnership announcement with Disney's accelerator fund. The decentralised finance (DeFi) space also posted strong results, with Compound Finance, Uniswap and Curve all posting double-digit gains.

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AMC is currently trading over $40 per share… Yet, one analyst note I recently read is calling for a target price of $1 on the stock. The company may have seemed left for dead following the COVID lockdowns… but it's made some impressive strides over the past year.  Today, I explain why this analyst's way of thinking is the easiest way to lose millions in the stock market. [0:40] Is the supply chain crisis “fake news”? One listener says he's not seeing any shortages on the shelves while shopping. I break down why the supply chain crisis doesn't impact every company the same way… but it's very real, especially in specific sectors. [23:25] After a slow start to 2021 for security tokens, the market is picking up as we approach the end of the year. A listener wants my take on the industry's progress and what to expect in the coming months. I highlight several exciting updates in the space… including a coming Securities & Exchange Commission (SEC) regulation that will be a major tailwind for security tokens. [30:55] Finally, Luke Downey's Big Money Trader launches this week. Here's what it can do for your portfolio… [34:30] ---- Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/  : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

0:00 These were the flashiest vehicles. That's a problem during the Great Depression when people are standing in food lines 1:11 during E.L. Cord's time with the Auburn automobile company that he started the Cord Corporation with a list of over 60 companies. American Airways (later American Airlines). Stinson Airplanes. New York Shipbuilding Corporation. Real estate, television studios and radio stations, uranium mining, railroad transport, Checker Cab and the Yellow Cab, Safety Cab company, National Transportation Company. 2:38 Securities Exchange Commission (SEC) was established, in 1936, one of the first they were investigated was E.L. Cord and the Cord Corporation 3:07 Beverly Hills 56 room mansion 3:58 Cord 810 and 812...hidden headlights..." coffin nose" grill...louvers..fuel filler cap...Bendix transmission...semi-automatic transmission

You might be familiar with Hester Peirce, commissioner of the Securities & Exchange Commission (SEC). Appointed by then-President Donald Trump to the SEC on January 11, 2018… Hester has become known as the “crypto mom.” Today, Hester joins the show for an in-depth discussion on crypto regulation. She shares what to expect from the SEC in the future… why too much crypto regulation could be a bad thing… and the problems that could result from too little regulation. [21:45] Speaking of regulation… Daniel and I debate whether regulators should look into stablecoins and “meme” coins like dogecoin. We also explain a particular stablecoin's recent plunge to zero… and Daniel lays out why goldbugs and bitcoin bulls hate each other. [46:03] Enjoyed this episode?  Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/     Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/   : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ : https://www.curzioresearch.com

For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net One of the largest mutual funds in the U.S., Fidelity Investments, is enhancing its efforts in the Bitcoin and crypto space with its chief strategist, Peter Jubber, starting an institutional-grade and high net worth clients-focused BTC index. According to a filing sent to the Securities Exchange Commission (SEC), Fidelity Investments has launched a new Bitcoin index fund, ‘Wise Origin Bitcoin Index Fund I, LP’ that targets high net worth investors and institutions. A $100,000 minimum buy-in value is required by the index fund following the demand by corporations and accredited investors on Wall Street on cryptocurrency investments.

Ripple On-Demand Liquidity (ODL) which uses XRP will be live in Brazil soon according to Ripple Head of Global Banking Marjan Delatinne. This is further confirmation of Ripple's plan to build ODL corridors in Brazil, it was reported recent that Ripple's CEO Brad Garlinghouse had a close door meeting with the Brazil Central Bank. One of the main items holding back Ripple XRP is the lack fo regulatory clarity in the United States, Brad has stated this in interviews and tweeted about it. Once we get crypto regulatory clarity in the US we can expect to see more XRP adoption.After facing a rejection of its proposed exchange-traded product (ETP) in February, investment firm Wilshire Phoenix has filed a proposal for a publicly traded fund with the Securities Exchange Commission (SEC).Bitcoin is becoming more trustworthy than big banks, says survey

RegAMoney.com: Publicly traded companies are coming to the Reg.A Money Show for answers when it comes to the best way to use Regulation A+ crowdfunding. Let this be a lesson to all the Reg.A+ contenders and newcomers – the podcast is always here for you and will try to answer any question you may have! However, we’re just scratching the surface of Regulation A+ STO hybrids and there’s still a lot to learn – especially in the area of how the Securities Exchange Commission (SEC) may respond with their qualification efforts in this totally new and evolving industry. One thing’s for sure: the information you’ll learn on this podcast will go a long way into allowing mostly everyone to participate in your offering, even if your STO isn’t approved by the SEC. The sophistication of the questions that CFOs and CEOs of publicly traded companies are asking on the show are quite impressive, and we’re equally happy that many of these Regulation A+ contenders are taking the information provided to heart with excellent feedback to the Reg.A Funding Group.

In this episode, we talk about the unforgiving hand of the Securities Exchange Commission (SEC) as they make a mandatory order for all online platforms trading platforms to register with the agency or else they will become outlawed. Because of this news, Bitcoin fell over 10% in price causing its share price to fall below $10,000 per share. Also, US crypto trading platform Coinbase is set to release the “Dow Jones” of cryptos, which will be an index fund summarizing the crypto economy. Also, to add more of a cutthroat appeal to the crypto world, a well-known Bitcoin whale (investment giant) sells off nearly $400 Million in Bitcoin. Is the reign of Bitcoin really over? Tune in to hear our thoughts!

ASCKAuscrete CEO, John Sprovieri, called in to SmallCapVoice.com, to explain how his Company utilizes its fully developed lightweight concrete technologies in the construction of thermally efficient and structurally superior 'Affordable Housing’ as well as for commercial structures. This ‘GREEN’ product is the outcome of a culmination of design and development since the early 1980’s. It is the result of the amalgamation of various developments in specialized materials to address the ongoing problem in the world’s largest marketplace.Auscrete Corporation, whose symbol "ASCK" is a Public Corporation listed on the OTCpink Bulletin Board. The company used the services of Glendale Securities, Inc. to apply for its FINRA application and act as initial  Market Maker for the company. The company is DTC registered.Auscrete Corporation is a Wyoming registered public company and has its office in Rufus, Oregon. It was incorporated on December 31, 2009 and became effective with the SEC in December 2014. It was established to finance the construction and implementation of a manufacturing facility for Auscrete’s building products.The company reports to the Securities Exchange Commission (SEC) and there is an SEC link to the company's reports on this page. Currently the company has issued 100,935,000 common shares.http://www.auscretehomes.comThis interview may include forward looking statements. These forward-looking statements generally are identified by the words "believe," "project," "estimate," "become," "plan," "will," and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof.

Developments in corporate financial reporting standards and issues of corporate governance are discussed in the third annual conference hosted by the Center for Financial Integrity. The event took place on April 29, 2004 at the Vertical Campus on the 14th floor. [Part I -- 130 min.] The event is inroduced by Ned Regan, President of Baruch College and Norman N. Strauss, former National Director of Accounting at Ernst & Young/ Executive Professor-in-Residence at Baruch College. Don Nicolaisen, Chief Accountant of the Securities Exchange Commission (SEC) and Robert Herz, Chairman of the Financial Accounting Standards Board (FASB) make opening remarks and answer questions from the audience. A panel discussion about current developments at the SEC follows featuring: Carol Stacey, Chief Accountant at the SEC's Division of Corporate Finance; and Thomas C. Newkirk, Associate Director of Enforcement at the SEC. [Part II -- 94 min.] Norman N. Strauss introduces another panel focused on current developments in the private sector featuring: Edward W. Trott, Board Member at FASB; Mark Beilstein, Partner at KMPG and Chairman at AcSEC; James Johnson, Partner at Deloitte & Touche LLC; and Connie McDaniel, Controller at Coca-Cola, Ltd. [Part III -- 40 min.] Luncheon Address by Douglas Carmichael, Chief Auditor, Public Company Accounting Oversight Board.

Developments in corporate financial reporting standards and issues of corporate governance are discussed in the third annual conference hosted by the Center for Financial Integrity. The event took place on April 29, 2004 at the Vertical Campus on the 14th floor. [Part I -- 130 min.] The event is inroduced by Ned Regan, President of Baruch College and Norman N. Strauss, former National Director of Accounting at Ernst & Young/ Executive Professor-in-Residence at Baruch College. Don Nicolaisen, Chief Accountant of the Securities Exchange Commission (SEC) and Robert Herz, Chairman of the Financial Accounting Standards Board (FASB) make opening remarks and answer questions from the audience. A panel discussion about current developments at the SEC follows featuring: Carol Stacey, Chief Accountant at the SEC's Division of Corporate Finance; and Thomas C. Newkirk, Associate Director of Enforcement at the SEC. [Part II -- 94 min.] Norman N. Strauss introduces another panel focused on current developments in the private sector featuring: Edward W. Trott, Board Member at FASB; Mark Beilstein, Partner at KMPG and Chairman at AcSEC; James Johnson, Partner at Deloitte & Touche LLC; and Connie McDaniel, Controller at Coca-Cola, Ltd. [Part III -- 40 min.] Luncheon Address by Douglas Carmichael, Chief Auditor, Public Company Accounting Oversight Board.

Developments in corporate financial reporting standards and issues of corporate governance are discussed in the third annual conference hosted by the Center for Financial Integrity. The event took place on April 29, 2004 at the Vertical Campus on the 14th floor. [Part I -- 130 min.] The event is inroduced by Ned Regan, President of Baruch College and Norman N. Strauss, former National Director of Accounting at Ernst & Young/ Executive Professor-in-Residence at Baruch College. Don Nicolaisen, Chief Accountant of the Securities Exchange Commission (SEC) and Robert Herz, Chairman of the Financial Accounting Standards Board (FASB) make opening remarks and answer questions from the audience. A panel discussion about current developments at the SEC follows featuring: Carol Stacey, Chief Accountant at the SEC's Division of Corporate Finance; and Thomas C. Newkirk, Associate Director of Enforcement at the SEC. [Part II -- 94 min.] Norman N. Strauss introduces another panel focused on current developments in the private sector featuring: Edward W. Trott, Board Member at FASB; Mark Beilstein, Partner at KMPG and Chairman at AcSEC; James Johnson, Partner at Deloitte & Touche LLC; and Connie McDaniel, Controller at Coca-Cola, Ltd. [Part III -- 40 min.] Luncheon Address by Douglas Carmichael, Chief Auditor, Public Company Accounting Oversight Board.