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Article
Publication date: 7 May 2019

SEC charges “ICO Superstore” as unregistered broker-dealer

John J. Sikora Jr., Stephen P. Wink, Douglas K. Yatter and Naim Culhaci

To analyze the settled order of the US Securities and Exchange Commission (SEC) against TokenLot LLC (TokenLot), which was the SEC’s first action charging a seller of…

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Abstract

Purpose

To analyze the settled order of the US Securities and Exchange Commission (SEC) against TokenLot LLC (TokenLot), which was the SEC’s first action charging a seller of digital tokens as an unregistered broker-dealer.

Design/methodology/approach

Analyzes the SEC’s order within the context of other recent actions by the SEC on cryptocurrencies and digital tokens and discusses future implications of the order in this area.

Findings

The SEC’s order against TokenLot as an unregistered broker-dealer was a logical next step in its enforcement activity in the cryptocurrency and digital token space.The order demonstrates that the SEC expects firms in the cryptocurrency space to use the well-established constructs of federal securities laws to evaluate their business activities to ensure those activities are legally compliant.

Originality/value

Practical guidance from experienced securities and financial services lawyers analyzing recent developments in a nascent area of SEC enforcement.

Details

Journal of Investment Compliance, vol. 20 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/JOIC-01-2019-0006
ISSN: 1528-5812

Keywords

  • Broker-dealer
  • US Securities and Exchange Commission (SEC)
  • Cryptocurrency
  • Initial coin offering (ICO)
  • Digital token

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Article
Publication date: 4 July 2016

SEC approves new municipal advisor fiduciary duty rule

Stephen Wink, Anna Rienhardt, Brett M. Ackerman and Sean Miller

To analyze the Municipal Securities Rulemaking Board’s new rule outlining the standards of conduct and fiduciary duties applicable to municipal advisors.

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Abstract

Purpose

To analyze the Municipal Securities Rulemaking Board’s new rule outlining the standards of conduct and fiduciary duties applicable to municipal advisors.

Design/methodology/approach

This article contains a summary of new MSRB Rule G-42 and identifies key areas where the final version of MSRB Rule G-42 differs from the initial proposal.

Findings

New MSRB Rule G-42 represents another significant milestone in the MSRB’s development of a comprehensive regulatory framework for municipal advisors mandated under the Dodd-Frank Wall Street Reform and Consumer Protection Act and imposes significant requirements on municipal advisors.

Originality/value

Practical guidance from experienced securities and financial services lawyers.

Details

Journal of Investment Compliance, vol. 17 no. 2
Type: Research Article
DOI: https://doi.org/10.1108/JOIC-04-2016-0014
ISSN: 1528-5812

Keywords

  • Duty of care
  • Fiduciary
  • Duty of loyalty
  • Municipal advisors
  • Municipal Securities Rulemaking Board (MSRB)

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Article
Publication date: 27 February 2014

Recent SEC enforcement actions put spotlight on prohibited short selling

Stephen Wink, Christopher Clark, Stefan Paulovic and Kathleen Whipple

To highlight recent enforcement actions by the SEC demonstrating the agency's increased focus on violations of Rule 105 of Regulation M and to provide guidance on how to…

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Abstract

Purpose

To highlight recent enforcement actions by the SEC demonstrating the agency's increased focus on violations of Rule 105 of Regulation M and to provide guidance on how to avoid becoming the target of such an SEC action.

Design/methodology/approach

Describes the SEC's 23 recent enforcement actions against firms for violations of Rule 105, explains the conduct prohibited by Rule 105 as well as the exceptions to the Rule, and provides advice on how firms can avoid a Rule 105 related SEC enforcement action.

Findings

In light of the SEC's recently announced zero-tolerance policy and the fact that Rule 105 does not require intent on the part of the short seller to engage in a prohibited transaction, firms should provide training to their employees regarding Rule 105, develop and implement policies and procedures to ensure compliance with Rule 105, and enforce those policies and procedures.

Originality/value

Practical explanation and guidance by experienced financial services lawyers.

Details

Journal of Investment Compliance, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/JOIC-01-2014-0006
ISSN: 1528-5812

Keywords

  • United States
  • Securities and Exchange Commission (SEC)
  • Short selling
  • Policies and procedures
  • Prohibited practices
  • Rule 105 of Regulation M

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Article
Publication date: 27 February 2014

Editor’s letter

Henry Davis

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Abstract

Details

Journal of Investment Compliance, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/JOIC-02-2014-0013
ISSN: 1528-5812

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Article
Publication date: 27 February 2014

Editor’s letter

Henry Davis

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Details

Journal of Investment Compliance, vol. 15 no. 1
Type: Research Article
DOI: https://doi.org/ 10.1108/JOIC-02-2014-0013
ISSN: 1528-5812

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Article
Publication date: 1 August 1974

James Stephens, the Leprechaun Poet

John O'Riordan

WHEN The Crock of Gold was first published in London in 1912, this extraordinary prose‐fantasy, described by a reviewer in The Times as ‘an inspired medley of…

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Abstract

WHEN The Crock of Gold was first published in London in 1912, this extraordinary prose‐fantasy, described by a reviewer in The Times as ‘an inspired medley of topsy‐turvydom’, was hailed as a veritable masterpiece from the hands of a new poet of the same school with Yeats and Synge. That poet was, of course, James Stephens, the poet whom Sean O'Casey would later refer to as ‘the jesting poet with a radiant star in's coxcomb’, and to whom he dedicated, in 1949, his favourite play, Cock‐a‐Doodle Dandy. The reviewer in Punch at the time likened The Crock of Gold to ‘a fairy fantasy, elvish, grotesque, realistic, allegorical, humorous, satirical, idealistic, and poetical by turns … and very beautiful’.

Details

Library Review, vol. 24 no. 8
Type: Research Article
DOI: https://doi.org/10.1108/eb012612
ISSN: 0024-2535

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Article
Publication date: 1 January 1989

Managing Children′s Literature

Stuart Hannabuss

The management of children′s literature is a search for value andsuitability. Effective policies in library and educational work arebased firmly on knowledge of materials…

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Abstract

The management of children′s literature is a search for value and suitability. Effective policies in library and educational work are based firmly on knowledge of materials, and on the bibliographical and critical frame within which the materials appear and might best be selected. Boundaries, like those between quality and popular books, and between children′s and adult materials, present important challenges for selection, and implicit in this process are professional acumen and judgement. Yet also there are attitudes and systems of values, which can powerfully influence selection on grounds of morality and good taste. To guard against undue subjectivity, the knowledge frame should acknowledge the relevance of social and experiential context for all reading materials, how readers think as well as how they read, and what explicit and implicit agendas the authors have. The good professional takes all these factors on board.

Details

Library Management, vol. 10 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/EUM0000000000816
ISSN: 0143-5124

Keywords

  • Children
  • Education
  • Human relations
  • Libraries
  • Literature
  • Young people

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Article
Publication date: 10 May 2013

New approaches for new media: moving towards a connected methodology

Owen Barden

Defining and describing research methodologies is difficult. Methodologies have similarities and resonances, and overlapping characteristics. Familiar labels of case…

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Abstract

Purpose

Defining and describing research methodologies is difficult. Methodologies have similarities and resonances, and overlapping characteristics. Familiar labels of case study, action research and ethnography may not be adequate to describe new and creative approaches to qualitative research. If we simply transfer old ways to new contexts, we risk limiting our understanding of the complexities of real life settings. The call to set aside old dualisms and devise new methodological approaches has been sounded. Accordingly, this article sets out to describe a fledgling new methodological approach, and how it was operationalized in a small‐scale study of digitally‐mediated classroom learning.

Design/methodology/approach

The methodology combines elements of action research and case study with an ethnographic approach. It was devised for a study of the use of Facebook as an educational resource by five dyslexic students at a sixth form college in north‐west England. Its flexibility and attention to detail enabled multiple data collection methods. This range of methods enabled meticulous analysis of many of the group's online and offline interactions with each other and with Facebook as they co‐constructed their group Facebook page.

Findings

Reflexively combining elements of case study, action research and ethnography thus helped capture the “connected complexities” (Davies) of this contemporary classroom setting. This is necessary if researchers are to obtain any meaningful understanding of how learning happens in such contexts.

Originality/value

The author hopes to contribute to the discourse on qualitative methodology and invites other researchers studying similar contexts to consider a similar approach.

Details

Qualitative Research Journal, vol. 13 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/14439881311314496
ISSN: 1443-9883

Keywords

  • Classroom research
  • Teacher research
  • Social networking
  • Digital literacies
  • Facebook
  • Action research
  • Case study
  • Ethnography
  • Classrooms
  • Teachers
  • Social networking sites
  • Social networks

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Book part
Publication date: 1 November 2018

Considering Consumer Culture

Marie-Cécile Cervellon and Stephen Brown

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Details

Revolutionary Nostalgia: Retromania, Neo-Burlesque and Consumer Culture
Type: Book
DOI: https://doi.org/10.1108/978-1-78769-343-220181006
ISBN: 978-1-78769-343-2

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Book part
Publication date: 3 February 2015

About the Authors

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Research on Preparing Inservice Teachers to Work Effectively with Emergent Bilinguals
Type: Book
DOI: https://doi.org/10.1108/S1479-368720150000024023
ISBN: 978-1-78441-494-8

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