SEC Whistleblower Program – What You Need to Know

SEC whistleblower program provides awards to qualified whistleblowers who give original data. This information may lead to the success of SEC enforcement actions. The civil punishments are more than $1 million. A whistleblower receives an award that ranges between 10 to 30 percent of the value of money collected. The money is collected in the practices brought by the SEC. Labaton Sucharow has a goal of protecting and strengthening sec whistleblowers. This is to encourage them to report any form of violations. Whistleblowers are against any kind of corruption. The actions of whistleblowers assist in safeguarding jobs and investors. They also enhance the capital generation and fair markets.

One of the major pillars for SEC whistleblower program is the ability to report wrongdoers and remain anonymous. In the past, whistleblowers were being exposed. This hindered them from reporting any misconduct or wrongdoing. Fraud and misconduct would take place in an organization without anyone detecting. This would lead to a fall in the organization and nothing could be done. Labaton Suchalow allowed anonymous reporting to encourage whistleblowers to report before it is too late. To report misconduct, a whistleblower is represented by an attorney. The attorney verifies the details of the whistleblower before making the submission to the SEC. the intermediary between the SEC and whistleblower is the attorney. The whistleblower will then disclose their identity to the SEC before receiving their reward.

The SEC program provides the whistleblower guaranteed protection against retaliation by the company. The program takes action on the companies that try to harass an employee who has acted as a whistleblower. The companies may face the law for retaliating an employee who has assisted in the investigation. This has encouraged the employees to provide information without fear. It has encouraged them to not tolerate any misconduct which might result in losses in the near future. This right to privacy covers even those who are not employees in the company but have provided information. Even if the person who reported does not qualify for a whistleblower reward, they offer protection from any form of retaliation. This involves those who have observed a potential breach, for instance, a customer. In the case of they report they should not be humiliated by anyone. Any form of retaliation towards them is against the law.

There are requirements for one to qualify for SEC whistleblower award. Not anyone qualifies to be a whistleblower. Others do not qualify while others have to undergo through additional procedures for them to receive whistleblowers award. The awards are presented to qualified individuals who meet the following:

  • On ones accord provide the commission;
  • With native data about a possible breach of the federal securities laws;
  • That leads to enforcement of actions to stop the violations;
  • And this results to financial reward that is more than $1 million;

The information regarding a possible breach may be passed on through two ways. One is through electronic means through SEC tips, complaints and referrals page. It can also be submitted through the use of emails and fax. All the tips are treated confidentially. The sec does not disclose who sent it or who reported. This gives the whistleblower assurance of security. Third parties do not access that information.

Matt Badiali Explains Why Gold Makes A Great Hedge Against Market Risks

Matt Badiali is an investment guru who specializes in helping people make money from natural resources like Brent crude, precious metals, and crops like marijuana. He lives and works in Delray Beach, Florida, and writes a financial newsletter, Real Wealth Strategist, that is available through the publishing house Banyan Hill.

He recently wrote an article where he talked about why gold is a good investment. Matt Badiali said to think of it as insurance against steep drops in the stock market. He wrote that as the United States stock market has gone up over the past six years the value of gold has declined because the two are correlated.

Knowledgeable gold investors know that this is what happens as the value of gold moved opposite of the stock market. It was doing its job declining in value, just like it will do its job the next time the stock market collapses. Matt Badiali says he owns gold because it is great to have when there is volatility in the stock markets.

Gold is accepted by many as a way to store value. It isn’t subject to rust or corrosion and it’s a beautiful thing to look at. It has held its value ever since someone thousands of years ago grabbed a chunk of it out of some stream bed. That is has declined in value recently is a good thing, he says.

He points to the height of the last financial crisis in 2008. The S&P collapsed by almost 40 percent in just that year. The value of gold, though, went up by 5 percent. The S&P 500 went down in value by 15 percent from the start of 2008 to the end of 2011. During that same time period, gold rose in value by 86 percent. To know more about him click here.

Matt Badiali says that if you don’t own gold now you should. The stock market has been very volatile recently with the S&P 500 down in value by 4 percent. Gold went up by the same exact percentage. It is easy to buy in different forms such as jewelry, coins, and on the stock market.

Upwork Helps You To Stay On Top Of Your To-Do List

Working as a freelancer often means setting your own schedule and meeting deadlines. You can create a to-do list to manage all your tasks, but you need to make sure you are staying on track with your work. This is why Upwork has shared several tips to help you stay on top of your to-do list.

Record Every Task

It is better to record your to-do list rather than trying to remember it. The key is to focus on the task at hand, and trying to remember your list will cause you to focus on your incomplete tasks. You can record it on paper, an application or online planner.

Prepare Your List Early

Preparing your to-do list before you go to bed every night is a great way to save time. When you decide which task is going to start your day in advance, you can spend the next morning being productive.

Create One List

You are wasting time looking for a to-do list that is scattered across your inbox, application and notebook. It is important to create one to-do list online or offline. This way, you can spend time working through your to-do list instead of looking for it.

Assign Time Attributes

Create a realistic work schedule by assigning time attributes to every task on your list. The time attributes include your start date, length of task and deadline. Assigning time attributes keeps you from taking on more work than you can handle.

Upwork is an online marketplace for freelancers and clients to connect and work on a project together. Clients can list the jobs and hire freelancers based on their skills and qualifications. The categories include copywriting, web design and video editing.

You can stay on top of your to-do list by preparing it early and keeping it organized.

Led By David Zalik, GreenSky Is A Fintech Company Heading Higher

The name David Zalik doesn’t mean anything to the average person. If Zalik could maintain that anonymity, then he definitely would remain in the background. However, he founded financial technology company GreenSky in 2006. His company has grown from a small fintech company into one of the darlings of the industry. It’s a profitable company with a bright future, and 2018 could be the best year for the company yet.

A Relatively Unknown Company By Today’s Standards

As a fintech company, most people would expect GreenSky’s name to be plastered everywhere. Zalik started the company over a decade ago and has remained behind the scenes since then. He has resisted going public or taking on major institutional investors to grow the company. In fact, Zalik maintains a majority of the ownership in his company, which is somewhat uncommon among fintech companies.

What Service Does The Company Provide?

GreenSky is a fintech company rather than a lender. The company works with nearly 20,000 contractors across the country. When these contractors visit a homeowner, they offer services for home improvement projects. From there, Zalik’s company connects potential borrowers with banks willing to lend the necessary funds. GreenSky provides up to $65,000 for each home improvement project.

Contractors can secure a loan approval for a homeowner in seconds. For interested homeowners, a contractor takes their information and plugs it into a smartphone app. The app connects with GreenSky and its network of banks. An approval comes in less than 60 seconds, and then homeowners are ready to renovate their homes. Typically, contractors pay GreenSky a commission, and banks pay a service fee as well.

A Great Setup With Very Little Risk

Since GreenSky doesn’t own the loans, the company faces little risk. A default on a loan doesn’t hurt the company as much as the bank. Still, it’s necessary to point out that positive loan performance means the bank provides more money to GreenSky. The company profits from both contractors and the lenders without assuming much risk. A long-term loan provides an ongoing source of revenue for the company each year.

Rumors Of An Initial Public Offering Arise For GreenSky

GreenSky recently made the first steps toward making an initial public offering. The company has been private since its inception in 2006. By going public, Zalik and GreenSky stand to make a lot of money. An IPO isn’t guaranteed but does show how successful the company has been to this point. Annual revenue reached $250 million in 2017 and is expected to hit $400 million for 2018. With such an incredible business model, Zalik’s company stands to keep making more and more money as time goes on.

https://finance.yahoo.com/q?s=GSKY

Zeco Auriemo Has Been Building JHSF For 25 Years

Jose Auriemo Neto is usually referred to as Zeco Auriemo. Zeco is one of the most accomplished Brazilian businessmen and is based out of New York. He has spent numerous years working to help ensure JHSF would be a prominent name in the industry of real estate. He wanted the company to be successful not just in Brazil, but throughout the world. JHSF is located in many different countries, and is well know in the global real estate market. Zeco Auriemo is currently focusing on an expansion of their international operations. He is currently in the development stage for a luxury New York apartment.

Zeco Auriemo attended Sao Paulo University and studied business administration. His education in engineering was completed at the Fundacao Armando University. Once he joined JHSF, he took the company to an entirely new level. He believes a leader should be an inspiration by working just as hard as everyone else. Even though he maintains a leadership position, he works hard on every project with his associates. Zeco Auriemo helped JHSF succeed with their first retail project in 2009. He assisted in bringing the top brands to Brazil, and his example was emulated by many others. In 1998, he helped build a big shopping center in Santa Cruz. This center is now a major destination for both the tourists and the locals.

Zeco Auriemo originally started working for JHSF in 1993. For the last 25 years, he has changed the company in many positive ways. This has enabled JHSF to withstand the challenges as time has passed. In addition to an exceptional businessman, Zeco Auriemo has also dedicated himself to philanthropy. He has never been interested in advertising this fact. He has become one of the largest contributors to numerous non-profit organizations, see (Istoedinheiro.com) for additional information. Zeco Auriemo not only makes financial contributions, he also give his time.

 

Bernardo T. Chua is Riding the wave of Direct Marketing Sales

Bernardo Chua is a businessman, as well as an entrepreneur. He has become an expert in the field of direct marketing. He saw it as the most effective means of product sales and generate an income. He has developed a direct sales system that works for him and he generously shares with others. His business plan operates on the multi-level marketing strategy and independent distributors. It gives each individual involved the opportunity to set up and build a business for themselves. View Bernardo Chua’s full profile at LinkedIn

Chua has been successful establishing several companies including Gano Excel and Organo Gold. The company focused on mainly tea and coffee, but have branched out with other products. He discovered the hetnganodermo, a type of polypote mushroom that grows on the wooden logs worldwide and is regarded as a healthy additive in Asia.

Bernardo Chua is a very successful businessman and that success and his commitment to business has been recognized with several awards. He has received the National Shoppers Choice Award for being a top direct sales company and the Dangal ng Nayan Award for Business and Industry from the Joint 22nd Annual People’s Choice and National Consumers Quality Awards. He has also received the Direct Sales Company of the year several times.

Early in his career, Bernardo Chua saw the benefits of direct sales. It proved to be the quickest way to grow a business and create momentum for that business. Even with a thriving business, Chua looks for ways to improve strategy and methods for direct sales, as well as new and improved products. He also stays focused on staying ahead of the competition and being at the forefront of direct marketing sales. Chua is also an advocate of education. It is important to provide informational about the benefits of the products his company sells, as well as edicatipnong individuals who wish to take on the business opportunity and be successful.

Learn more: http://cajamediterraneo.net/bernardo-chua-turkey-welcomes-health-in-a-cup-of-coffee/

 

Talos Energy ZAMA Site Proves Out Hydrocarbon Presence

In July of 2017 Talos energy based in Houston was the first private entity to drill for oil in Mexican territorial waters. The project came about after Mexico made the ground-breaking decision to allow in not only a private operator, but one from a foreign nation. Mexico’s oil industry has been nationalized since 1938. Only state-owned Pemex has exploited Mexican natural resources for the past eight decades.

The well dropped by Talos Energy has been named ZAMA-1. It is located in Block 7 of the Sureste Basin located off the coast of the Mexican state of Tabasco. Block 7 comprises an area of 122,000 acres. An Ensco 8503 floating rig was used for drilling that reached a depth of 11,000 feet.

The find is potentially large and significant. Early estimates are that ZAMA may bear 1.4 billion to perhaps two billion barrels of oil. This is believed to be light oil with API gravities between 28 and 30 degrees. The main purpose of drilling ZAMA was to prove the existence of hydrocarbon resources in this location. That appears to have been an unqualified success.

In addition to working in cooperation with Mexican authorities and state-owned Pemex, Talos Energy is partnering with two other entities. These are Premier Oil of the United Kingdom and Sierra Oil and Gas, a Latin American firm. These entities, together with Pemex, constitute a consortium of operators who hope to exploit the considerable potential of this location in the shallow waters of the Gulf of Mexico.

Talos Energy is led by CEO Timothy Duncan. The company was formed in 2012 and concentrates its efforts in the Gulf of Mexico regions. Mr. Duncan recently bolstered the position of his company through a merger with Big Stone Energy and by acquiring Whistler Energy II. Talos Energy is now a publicly traded company listed on the NYSE as TALO.

A great deal of work remains to be done before ZAMA can bring oil to the surface. However, if all goes well, ZAMA and associated sites bear the potential to deliver 100,000 to 150,000 barrels of oil per day by year 2023. Click here

Hussain Sajwani Makes Success As A Real Estate Entrepreneur At DAMAC Properties

Hussain Sajwani is the founder and chairman of DAMAC Properties, a leading global property development company based in Dubai. UAE. He is a graduate of the University of Washington with a degree in Industrial Engineering and Economics. His career started in 1982 after working as an employee with GASCO. He decided to exploit his entrepreneurial skills by creating a catering venture in 1982. This catering business still exists and is a leading player in the careering industry. It serves over 150,000 meals per day in the Middle East, Africa and CIS. Despite getting much of his success from the real estate industry, he is still interested in other business.

In 2002, Hussain Sajwani was one of the pioneers of the property market expansion in the Middle East. He saw that there was a great opportunity for real estate business in Dubai judging by the rising prominence of the city as a destination hub for many business people. The high number of people coming to Dubai need accommodation, and therefore a real estate business would be a good idea. Today, DAMAC Properties is the largest property development company in the Middle East. It has footprints in Dubai, Qatar, Jordan, Lebanon, United Kingdom, and others. So far, it has delivered over 17,900 homes and is in the process of completing 44,000 units.

DAMAC Properties has extraordinary growth that can be attributed to the entrepreneurial skills of Hussain Sajwani. He is among the top influential Arabs in the world, with a net worth of over $4 billion. His leadership in this company has provided continuity in development, a factor many businesses today lack. His success in the global equity and capital markets proves that he is an astute businessman with an eye for fine opportunities.

The entrepreneurial skills that he possesses were inculcated in him at a very young age. He was helping his parents to run a family business while in school. While in the university in the United States, he sold time-share apartments, a factor that would lead to the formation of his company. He realized that he would make more money working in his business than through employment.

Instagram: https://www.instagram.com/hussainsajwani/

Fortress Investment Group Acquisitions and Partnerships.

The fortress investment group is an alternative investment group that deals with private credit, hedge funds and private equity for private and public businesses. It was valued at 70 billion dollars as of twenty eighteen which is a remarkable rise from 7 billion dollars in 2007 when the company opens its shares to the public. For an organization to invest or work with the fortress investment group, the need to share their information on previous investments, their funding history, previous, and investment trends. Since it’s establishment, 1998, the alternative firm has grown and expanded its operations through acquisitions and partnerships.

Fortress investment group Acquisitions.

Fortress group partners with iPass. Recently the investment group offered it’s investors a secured investment by partnering with iPass, a leading provider of global connectivity options. The deal was worth 20 million dollars, of which half was already within the reach of iPass. This funding aims at boosting the firm’s, iPass, finances which will be useful in bridging the gap to profitability and growing its revenue. IPass provides the largest Wi-Fi connectivity network for both individuals and businesses to access and use. The iPass portfolio is designed as a Saas, which provides consumers with strong and unlimited Wi-Fi over an unlimited number of devices.

Purchase of Fortress by Softbank.

This acquisition caught most of the Softbank watchers by surprise; though it is to expect of the business mogul, Masayoshi Son who is known bold acquisition moves. Softbank is leading Japanese technological and communication giant that is aspiring to transform into a world-leading investment manager. The firm acquired the investment group, which currently has 70 billion dollars in its assets management, as private equity real estate and hedge funds, at 3.3 billion dollars. Fortress investment group will continue operations independently within Softbank with its executives Wes Edens, Pete Briger and Randy Nardone still as the leaders.

TSX broadway project.

This is a 46 story skyscraper that is set to sit at the center of the Time Square where Hilton Hotel currently sits. The 2.5 billion dollar project is partly owned by Fortress investment group and by L&L Holding and Mayfield will be known as TSX broadway after completion. SoftBank to Buy Fortress Investment Group for $3.3 Billion

Visit Fortress investment group LinkedIn : https://www.linkedin.com/company/fortress-investment-group

Rick Cofer: The Recycling Man

Austin, Texas is one of the many cities in the United States that is making a mission to take better care of the world we live in. The city is making this possible by promoting the importance of recycling to its residents. At the center of this recycling movement in Austin Is Rick Cofer. The successful lawyer is using his platform and concern to enable the residents of the city to understand why and how recycling is key to our environment.

 

Austin has created a Zero Waste Plan. The Zero Waste Plan wants to reduce waste in landfill by ninety percent over the next few decades. Over a million dollars will fuel this waste management plan. One of the major things local council members and environmentalists want to see more recycling at parks. The funding for this plan would allocate for eight hundred receptacles. New staff members, public education and hauling services will also be apart of this plan. Parks in metro areas and neighborhood areas along with athletic fields will be the majority of areas where people can dispose of their trash into compartments that will then be recycled by staff. All of these efforts will hopefully bring a sense of togetherness in the Austin community. Environmentalists and local council members view this is as a good idea that will decrease the growing amount of wastes the city is currently experiencing.

 

Rick Cofer is well known in the community. Although his law career is what first caused him to have a big name in the community, currently his works in recycling are earning him a new type of reputation. He is the founder of The Law Office of Rick Cofer. Family violence drug possession, DWI and juvenile charges are what his law firm specializes in. Being apart of Austin Parks and Recreation is one of the many boards he sits on. He prides himself on helping the environment in Austin by promoting recycling amongst the city’s inhabitants. He has worked with the Democratic Party for at least an entire decade. Ending homelessness is also another passion of his. He sits on a board that works to lower the number of people living homeless on Austin’s streets. He may not have much free time while he is running his law practice, fighting to end homelessness, working with the parks and recreation of Austin and promoting recycling but he does make time for his dog and spending time outdoors.

 

 

 

 

https://www.crunchbase.com/person/rick-cofer