Roger Nusbaum submits: If it is true, which I cannot vouch for, this is fascinating and something I have to say I had never thought of before. A reader who goes by the name Paul H. M. at Seeking Alpha left the following comment on a post by George Speicher.We're not really dependent on foreign energy. We have plenty of natural gas. And large amounts of oil reserves. Our strategy, for the long term, is to use the rest of the world's oil before using our own. So using foreign energy before using up our own is a c...
The Securities and Exchange Commission today charged a Branchburg, N.J.-based investment adviser and three of her firms with operating a multi-million dollar offering fraud involving the sale of phony promissory notes to investors, many of whom are retired or unsophisticated in investments.
The Securities and Exchange Commission today adopted a temporary rule requiring municipal advisors to register with the SEC by October 1, a deadline established by the newly-enacted Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Securities and Exchange Commission today charged Pinnacle Capital Markets LLC with failing to comply with an anti-money laundering (AML) rule that requires broker-dealers to identify and verify the identities of its customers and document its procedures for doing so. The SEC also charged Pinnacle's managing director Michael A. Paciorek with causing Pinnacle's violations.