Quebec co-op members rally against Bill 20, say it threatens housing model’s future
Quebec’s proposed Bill 20, which would allow the government to impose income limits and financial penalties on some co-op residents, is raising concerns among some housing advocates. They say the reform could weaken the mixed-income model many co-ops rely on, in the midst of a housing crisis.
https://www.cbc.ca/player/play/9.7203473?cmp=rss

The FTC fined Facebook $5 billion in 2019, roughly one month's revenue, and the company's stock price rose on the news. A penalty you can pay out of petty cash isn't a punishment, it's a licensing fee for continued misbehavior, and the market understood this faster than regulators did.

https://readuncut.com/the-great-ai-misdirection-regulation-cant-keep-up/

#Facebook #Meta #FTC #TechRegulation #CorporateAccountability #FinancialPenalties

The Great AI Misdirection: "Regulation Can't Keep Up"

AI regulation in America is not a missed opportunity but rather exactly what is being optimized for - money. This article explores why and the fundamental differences in how the EU and USA treat their citizens.

Read Uncut
B.C. 'mastermind' in Panama Papers is still a free man despite criminal charges
One by one, the pins have been knocked out from under B.C. businessman Fred Sharp: He's been fined tens of millions of dollars for his role in stock-market schemes, he's banned from equity markets in Canada, his bank accounts were frozen. But he still has his freedom, and it's not clear why.
#News #Canada
https://www.cbc.ca/news/business/fred-sharp-panama-papers-us-charges-9.7176288?cmp=rss
Canadian 'mastermind' in Panama Papers is still a free man despite criminal charges
One by one, the pins have been knocked out from under B.C. businessman Fred Sharp: He's been fined tens of millions of dollars for his role in stock-market schemes, he's banned from equity markets in Canada, his bank accounts were frozen. But he still has his freedom, and it's not clear why.
#News #Canada
https://www.cbc.ca/news/business/fred-sharp-panama-papers-us-charges-9.7176288?cmp=rss
Canadian 'mastermind' in Panama Papers is still a free man despite criminal charges
One by one, the pins have been knocked out from under B.C. businessman Fred Sharp: He's been fined tens of millions of dollars for his role in stock-market schemes, he's banned from equity markets in Canada, his bank accounts were frozen. But he still has his freedom, and it's not clear why.
#News #Canada
https://www.cbc.ca/news/business/fred-sharp-panama-papers-us-charges-9.7176288?cmp=rss
Eligible federal employees can now apply to retire early
Thousands of federal public servants over the age of 50 — and in some cases 55 — can now apply to retire early without facing financial penalties.
https://www.cbc.ca/news/canada/ottawa/federal-employee-early-retirement-9.7145064?cmp=rss
Financial authorities conclude 2-year sanctions process on wrap trust circular trading, imposing heavy penalties and 28.97 billion won in fines on 9 securities firms
#YonhapInfomax #WrapTrustSanctions #SecuritiesFirms #FinancialPenalties #CircularTrading #RegulatoryAction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51384
Wrap Trust Sanctions Concluded After 2 Years - Securities Firms Face Heavy Penalties and 28.97 Billion Won in Fines

Financial authorities conclude 2-year sanctions process on wrap trust circular trading, imposing heavy penalties and 28.97 billion won in fines on 9 securities firms

Yonhap Infomax