(Reuters) - Hedge funds and other rapid-fire investors get access to market-moving documents before other users of the Securities and Exchange Commission's system for distributing company filings, giving them a possible edge on the rest of the market, the Wall Street Journal reported, citing two independent studies.
The two sets of researchers have been examining when paying subscribers receive SEC filings compared with when they become available on the agency's website, the newspaper reported.
Republican Michigan Gov. Rick Snyder reminded us all today who actually controls his state by signing House Bill 5606 into law. The law emphasizes an existing state ban that prohibits car manufacturers from selling vehicles directly to consumers, but this new bill apparently adds more rules and regulations. Though it doesn’t mention electric car manufacturer Tesla by name, everybody grasps that they are the target.
ot that the timing makes it any more egregious, but six days after being named the 17th richest member of Congress, it’s being reported that U.S. Rep. Alan Grayson‘s estranged wife has been issued an EBT card to help feed his children.
Lolita Grayson was approved for public assistance by the state of Florida, and their four minor children — they have five children altogether — are also enrolled in the free lunch program in Orange County schools, according to ABC affiliate WFTV.
The stay-at-home mom was asked if she ever thought she’d be on food stamps.
NEW YORK (Reuters) - Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.
The Huffington Post: If marijuana is legalized in Colorado, a new report suggests that it could be a boon for the state, generating nearly $60 million in revenue for the state in the first year of legalization with that figure projected to grow to around $100 million dollars after five years.