Stonk Trading’s Not a Game

Burr Forman

In that week when GME swung wildly from $76 to $347 per share, regulators issued several investor alerts warning about the risks of short-term trading in volatile assets. Broking firms are not obliged to offer trading facilities to clients.

Trade 52

Company Directors banned for trading whilst insolvent

UK debt collections

Three Directors of a Finance firm have been banned for trading whilst insolvent. Independent Derivative Traders Ltd traded as Futex. They provided access to a financial markets trading platform for sub contracted independent traders in the UK.

Trade 65
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trade Groups Oppose Call Blocking Petition

Account Recovery

A number of financial services trade associations — including ACA International — have filed a comment opposing a petition from a telecom organization that seeks to give voice service providers more flexibility when notifying consumers of calls that have been blocked.

Trade 52

Stock Trading: How to Get Started and Make More Money

Credit Corp

Stock trading has become synonymous with building wealth today. Several decades ago, stock trading was something done only by the rich on Wall Street. However, today, with fast computers and online brokers, online trading has the lowest barriers to entry in its history.

Trade 57

TBML: What Is Trade-Based Money Laundering?

Fico Collections

Trade-based money laundering (TBML) is a growing risk, as seemingly legitimate transactions are exploited by criminal groups to launder funds and finance terrorist activity. However to set a context, we must first answer the question – what is trade-based money laundering?

Trade 67

How to Choose an Options Trading Broker

Nerd Wallet

But if you’re interested in venturing into options trading, you’ll want to keep a few factors in mind, besides the basics of what you’d look for in a stock broker. Options trading, explained for beginners Five tips for choosing an.

Trade 52

Challenges in Countering Trade-Based Money Laundering

Fico Collections

In part 1 of the series on trade-based money laundering (TBML) , we established a definition of the term, explored some recent studies and highlighted some typical techniques employed by the criminals. Trade flows being reshaped by the increasing engagement of developing markets.

Trade 56

Illegal Wildlife Trade: What Banks Must Do

Fico Collections

In June this year, the FATF released their report on, ‘ Money Laundering and the Illegal Wildlife Trade’. Although the market pales compared to the vast sums moved in the drug space, it’s still the 4thmost lucrative trade. Trade routes are as global as those for any other illicit trade.

Trade 52

How to Set Up Trading Terms and Conditions

JMA

One of the responsibilities of a business owner is to be able to make successful transactions with potential customers, but before closing the deal, it is important that you know how to set up trading terms and conditions.

Trade 52

Trade Groups File Summary Judgment Motion In Texas Lawsuit Challenging CFPB Loan Rule That Is Payday

Collection Industry News

The industry trade teams challenging the CFPB’s rule that is final Payday, Vehicle Title, and Certain High-Cost Installment Loans (the Rule) have filed a movement for summary judgment. The movement follows the filing of a complaint that is amended the trade teams centered on the Rule’s re payments provisions while the filing of a response to your Amended grievance because of the CFPB. Source: site.

Trade 40

'Buckling Global Supply Chains, Trade Tensions' Behind Increased Construction Input Prices

NACM

Construction input prices rose more than 2% in June, an increase that Associated Builders and Contractors (ABC) states are linked to "global supply chains buckling and trade tensions elevated."

Trade 52

Trade Groups, Including ACA Int’l, Urge FCC to Strengthen Measures to Fix Call Blocking, Mislabeling Issues

Account Recovery

Also meeting with the FCC’s Consumer and Government … The post Trade Groups, Including ACA Int’l, Urge FCC to Strengthen Measures to Fix Call Blocking, Mislabeling Issues appeared first on AccountsRecovery.net.

Trade 52

Consumer Financial Protection Bureau and Federal Trade Commission Put Nation’s Largest Landlords on Notice About Tenants’ Pandemic Protections

Consumer Finance

Today the Consumer Financial Protection Bureau (CFPB) formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to October 1, 2022. Press release

Trade 76

Supreme Court holds that monetary relief is unavailable under Section 13(b) of the Federal Trade Commission Act

Public Citizen

FTC sums it up: Section 13(b) of the Federal Trade Commission Act authorizes the Commission to obtain, “in proper cases,” a “permanent injunction” in federal court against “any person, partnership, or corporation” that it believes “is violating, or is about to violate, any provision of law” that the Commission enforces. The first paragraph of the Court's unanimous opinion in AMG Capital Management v.

Trade 43

Rate and Term Refinance: Trade In Your Mortgage for a Better Model

Nerd Wallet

The article Rate and Term Refinance: Trade In Your Mortgage for a Better Model originally appeared on NerdWallet. A rate and term refinance is a loan improvement. You exchange your old mortgage for a new one that (hopefully) leaves you in a better financial position.

Trade 64

Daily Digest – November 25. EDPA Judge Partially Denies MTD in FCRA Case; Trade Groups Urge FCC To Strengthen Measures to Fix Call Blocking Issues

Account Recovery

TRADE GROUPS, INCLUDING ACA … The post Daily Digest – November 25. EDPA Judge Partially Denies MTD in FCRA Case; Trade Groups Urge FCC To Strengthen Measures to Fix Call Blocking Issues appeared first on AccountsRecovery.net.

Trade 52

House Passes Bill to Give FTC Back Its Financial Power

Account Recovery

The House of Representatives this week passed a bill that aims to restore the Federal Trade Commission’s ability to seek monetary redress in court, after a Supreme Court ruling determined that Congress did not intend to give the regulator that power.

Trade 52

Businesses, Trade Associations, and Public Policy Groups Flood Supreme Court with Amicus Briefs Supporting Narrow Reading of ATDS Definition

TCPA

Late last week, numerous trade associations and public policy institutions filed amicus briefs supporting the narrow interpretation of the ATDS definition for which Facebook and the United States had advocated in briefs filed the week before.

Trade 52

FTC Acting Chairwoman Slaughter responds to trade group’s letter on proposed amendments to FTC Act Section 13(b)

Collection Industry News

The post FTC Acting Chairwoman Slaughter responds to trade group’s letter on proposed amendments to FTC Act Section 13(b) appeared first on Collection Industry News. Source: site. Earlier this week, FTC Acting Chairwoman Rebecca Kelly Slaughter sent a letter to the Chair and Ranking Member of the House Commerce Committee responding to a letter sent to the lawmakers by the U.S. Chamber of Commerce regarding the legislation that has been introduced to amend Section 13(b) of the FTC Act.

Trade 40

Biden designates FTC Commissioner Rebecca Kelly Slaughter as Acting Chair

Public Citizen

Federal Trade CommissionFTC release here.

Trade 43

Debt Collection Trade Body urges organisations to come together in tackling debt crisis

CSA

The CSA, the UK trade body for debt collection and debt purchase, has issued a detailed response to the Government in light of calls from a number of debt charities to call a halt to all collection activities and potentially write off billions of pounds of debt.

Trade 40

Oregon Banks and Trade Association File Declaratory Action Requesting Relief from State Legislation Alleged to be Retroactively Applying Lending Obligations More Onerous Than the CARES Act

Troutman Sanders

On August 13, 2020, the Oregon Bankers Association (“OBA”) and three Oregon-chartered banks filed a Complaint for declaratory and injunctive relief against the State of Oregon, Oregon’s Attorney General, and the Director of the Oregon Department of Consumer and Business Services.

Trade 52

How to Start Investing Online in 2021–A Complete Guide

Credit Corp

Here’s a rundown of everything you’ll need to start trading stocks online in 2021. Moneylenders and brokers traded bonds or debt certificates between government entities, businesses, and individuals. All trades get completed electronically.

FTC Chair Joseph Simons leaves Commission, leaving Biden room to appoint Democratic majority to Commission

Public Citizen

Federal Trade CommissionAnnouncement here. Among other departures: Bureau of Consumer Protection director Andrew Smith.

Trade 43

Director banned for taking money from Company with Unpaid CCJ’s

UK debt collections

The company continued to trade and accrue further debts. She did not dispute that she caused or allowed Shepherd Site Services to trade while insolvent and failed to maintain payments to creditors.

FTC Refunding $4M to Consumers Victimized by Collection Scam

Account Recovery

The Federal Trade Commission yesterday announced it is returning more than $4 million to 10,000 individuals who were scammed by a debt collector more than five years ago. Compliance Federal Trade Commission FTC Stark Law

FTC Issues Warning About Avoiding Racism When Using AI

Account Recovery

The Federal Trade Commission dropped another … The post FTC Issues Warning About Avoiding Racism When Using AI appeared first on AccountsRecovery.net. Technology Artificial Intelligence Elisa Jillson Federal Trade Commission

American Banker: FTC Commissioner-Nominee Khan expected to be confirmed in the next week and CFPB Director-Nominee Chopra by the August recess

Public Citizen

Consumer Financial Protection Bureau Federal Trade CommissionHere , in an article by Kate Berry. The article is behind a paywall but should soon be available on Lexis if it isn't already.

Trade 43

FTC Bans Operators of Student Loan Debt Relief Scam

Account Recovery

The Federal Trade Commission has banned those behind a student loan debt relief scam from providing debt relief services as part of a settlement that the agency announced earlier this week. Compliance Student Loans Debt Relief Enforcement Action Federal Trade Commission Student Advocates Tea

Biden Executive Order To Examine Non-Compete Agreements

Fraser

Section 5(g) of the executive order directs the Federal Trade Commission (“FTC”), in conjunction with other federal agencies, to “address agreements that may unduly limit workers’ ability to change jobs.”

Bloomberg reports Senate confirmed Lina Khan to be FTC Commissioner

Public Citizen

Consumer Financial Protection Bureau Federal Trade CommissionHere (may be behind paywall). Now that the FTC will have two democratic commissioners, besides Rohit Chopra, the expectation is that the Senate will proceed to vote on Chopra's confirmation to be the CFPB director.

Trade 46

Acting FTC Chair Outlines Priorities

Account Recovery

Compliance Federal Trade Commission FTC Rebecca Kelly Slaughter

Drop in UK Business Insolvencies masking a grim reality

UK debt collections

The insolvency trade body R3 ‘s president Colin Haig said the government’s coronavirus support measures for business had “deferred” the economic effects of the pandemic. According to latest figures, Corporate and Business Insolvencies fell by 27.1% for 2020 in England and Wales.

New Chair at FTC Means Chopra Likely Now on Way to CFPB

Account Recovery

Compliance Consumer Financial Protection Bureau Federal Trade Commission Lina Khan Rohit Chopra

Trade 52

Biden Nominates New FTC Commissioner, And How That May Impact Chopra’s Move to CFPB

Account Recovery

In a move that many feel is a precursor to Rohit Chopra’s nomination to be the next director of the Consumer Financial Protection Bureau, President Joe Biden yesterday announced that he had tapped Lina Khan to be a commissioner of the Federal Trade Commission.

Trade 52