California Passes Online Privacy Law
California passes privacy legislation, which pre-empts a more sweeping ballot initiative previously scheduled for November.
Read more...Category Archives: Regulations and regulators
Taxcast: How Accountants Broke Capitalism
No matter what the scandal is, when it comes to financial secrecy and tax dodging, the so-called big four accountancy firms are key players. The latest June 2018 Taxcast discusses how accountants broke capitalism.
Read more...China’s Strategic Investments in Europe: The Case of Maritime Ports
The EU is rethinking its policies on foreign direct investment. Recent Chinese investment into ports may impact the final rules.
Read more...Brexit: Chaos Visible
As businesses finally start telling the press they are worried about Brexit, the press is still not coming to grips with key issues.
Read more...EU to Members: Prepare for No Deal Brexit
An official “put on your life jackets” Brexit warning.
Read more...US, Japan Reject G-7 Ocean Plastics Charter
Japan and the United States decline to endorse G-7 Ocean Plastics Charter– a voluntary effort inadequate to the scale of the problem but better than outright neglect.
Read more...Net Neutrality Supporters Face Off Against The FCC
Net neutrality is dead. Long live net neutrality.
Read more...More Sound and Fury: Trump Foreign Corrupt Practices Act Enforcement Record Extends Prior Trend
Trump enforcement actions extend prior Foreign Corrupt Practices Act trend, targeting foreign companies, and diverting federal prosecutorial resources.
Read more...Why It Matters If Fracking Companies Are Overestimating Their ‘Proved’ Oil and Gas Reserves
Comprehensive analysis of why it matters that fracking companies are overestimating their ‘proved’ oil and gas reserves– as allowed under an SEC rule change.
Read more...How Purdue Pharma Hooked America on a Deadly Drug
Purdue Pharma’s slogan for OxyContin was: “The One to Start With and the One to Stay With.” As reader Brian C added, “Stay with alright….’Till death do us part.'”
Read more...Finally: SEC Frets about Share Buybacks, “Torrent of Corporate Trading Dominating the Market” and “Short-Term Financial Engineering”
Mirabile dictu, a Republican SEC commissioner criticizes stock buybacks….
Read more...OCC Covering Up for Wells Fargo Type Abuses at Other Banks
The OCC found lots of bad bank conduct in retail-land, but refuses to say anything about who is cheating and what they are up to.
Read more...More Brexit Insanity: Corbyn Proposes Dead-on-Arrival, Misbranded “Soft” Brexit; Auto Part Makers to Take Huge Hit; Irish Border Groundhog Daze
Brexit madness is only getting worse….
Read more...Jim Chanos on Fraud: “Cryptocurrency Is a Security Speculation Game Masquerading as a Technological Breakthrough”
The legendary short seller Jim Chanos in a wide-ranging discussion of financial frauds, starting with cryptocurrencies: Bitcoin is the last thing he’d want to own in the event of a catastrophe.
Read more...China Rx: How the US Depends on China for Its Drugs
Why does China need a military? It could bring the US to its knees in months by withholding shipments of drugs and drug ingredients.
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