GovernmentAuctions

1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Thursday, February 12, 2015

SEC Chair Mary Jo White Provides Status Update On Dodd-Frank Act Implementation

On Feb. 12, SEC Chair Mary Jo White made the opening remarks at the first meeting of the Investor Advisory Committee which was established by Section 911 of the Dodd-Frank Act. The committee is tasked with providing advice to the SEC on the regulation of securities products, trading strategies, fee structures, and the effectiveness of disclosures.
Good morning, and welcome to this year’s first meeting of the Investor Advisory Committee. Thank you all for making time in your busy schedules to be here. Today, I want to very briefly update you on a few recent developments at the Commission and give you a glimpse of some of what lies ahead in 2015.
White proceed to provide an update on several rules that regulate market technology and enhance disclosures to investors:
  • In November, the SEC adopted Regulation Systems Compliance and Integrity (“Regulation SCI”) which applies to the regulation and disclosure of "exchanges, clearing agencies, FINRA, the MSRB, securities information processors, and alternative trading systems accounting for the bulk of equity trading on such systems." 
  • In December, White recounts the announcement that the Division of Investment Management is developing recommendations for the SEC to address portfolio composition with the aim of modernizing and enhancing data reporting for funds and investment advisers. 
  • White also discusses the two rules adopted already in 2015, 1) under Title VII of the Dodd-Frank Act, which brings transparency in the over-the-counter derivatives market, and 2) the requirement of disclosure about whether directors, officers and other employees are permitted to hedge the market value of securities obtained through equity-based compensation.
Looking ahead, White discussed the continued implementation of the Dodd-Frank and JOBS Act mandates, including:
the additional Title VII and executive compensation rulemakings under Dodd-Frank, as well as Regulation A and crowdfunding under the JOBS Act. We will also be busy in a number of other important areas, including, to name just a few, enhancements of our equity and fixed income market structure, the asset management initiatives I mentioned, our disclosure effectiveness review, and enhancing broker-dealer financial responsibility requirements.
To read the full speech, click here.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.