At any time of the day or night, somewhere on TV, you can find an episode of Law and Order, in one of its variations, airing on some cable channel. So I riddled myself this: How long could you continuously watch Law and Order without repeating an episode? Here is the mathematical breakdown. Prepare to be awed!
Law and Order, the original, debuted September 13, 1990. At the end of this season, 456 episodes will have aired. If you figure that each episode, minus commercials, runs about 42 minutes, that's a total of 19,152 minutes, or 319.20 hours, or 13.3 days.
Law and Order: SVU debuted September 20, 1999. At the end of this season, 248 episodes with the amazing Ice-T will have aired. That breaks down to 10,416 minutes, or 173.6 hours, or 7.23 days.
Law and Order: Criminal Intent debuted September 30, 2001, with the fab Vincent D'Onofrio. At the end of this season, 187 episodes will have aired. That equals 7,854 minutes, or 130.9 hours, or 5.45 days.
So, if you got the entire shebang on DVD, and watched them from start to finish, you could conceivably watch Law and Order nonstop for 37,422 minutes, or 623.7 hours, or 26 days.
"In the criminal justice system, the people are represented by two separate but equally important groups: the police, who investigate the crime; and the district attorneys, who prosecute the offenders. These are their stories." For 26 days straight. Wow.


Lori A. Jodoin
111 Devonshire Street, Suite 400, Boston, MA 02109 | Phone: 617-742-7010 | Fax: 617-742-7225
Lori A. Jodoin
LORI A. JODOIN is a partner with the Boston law firm of Powers, Jodoin, Margolis & Mantell LLP. Ms. Jodoin is an experienced employment litigator who represents individuals in the litigation of workplace-related claims, including sex discrimination, pregnancy discrimination, sexual harassment, workplace bullying, Family and Medical Leave Act, and family responsibility discrimination cases as well as in matters involving discrimination based on race, age, national origin, sexual orientation, and retaliation. Ms. Jodoin also represents individuals in the analysis, negotiation, and enforcement of complex employment, compensation, and separation agreements. Ms. Jodoin represents employees on appeal, where there are significant employment law issues at stake. Ms. Jodoin brings efficiency, judgment, passion, and empathy to achieve excellent results.
Legal Service, Honors, and Achievements
Ms. Jodoin was elected by her peers to serve as the President of the Massachusetts Employment Lawyers Association (“MELA”) from June 2014-2016. MELA is an organization of employment attorneys who work to enforce and advance employee rights by increasing awareness, improving advocacy, supporting plaintiff-side employment lawyers in their practices, and monitoring legislation. Ms. Jodoin continues to serve on MELA’s Executive Committee, now as the Co-Chair of MELA’s Legislative Committee, where she is responsible for orchestrating MELA’s activities with respect to changes in the legislation governing the rights of Massachusetts employees. The Legislative Committee facilitates member participation in lobbying efforts and works with other organizations to identify and respond to issues arising in workplace legislation.
Ms. Jodoin is an active member of the legal community in Boston. In addition to her extensive involvement in MELA, Ms. Jodoin has also served on a Massachusetts Bar Association Committee charged with redrafting the Massachusetts Parental Leave Guidelines for the Massachusetts Commission Against Discrimination and has served on the Individual Rights and Responsibilities Section Council for the Massachusetts Bar Association. Ms. Jodoin organized a mentoring circle for the Women’s Bar Association.
Her vigorous representation of employees led to Ms. Jodoin being named a Rising Star by Super Lawyers repeatedly in 2009, 2010, 2011, 2012, and 2013, in recognition of her emerging reputation in ending discrimination on the basis of race, age, gender, national origin, religion, sexual orientation, disability, and pregnancy, as well as representing employees terminated as a result of retaliation or other protected conduct. In 2014, Ms. Jodoin was named a Boston Rising Star by the National Law Journal and the Connecticut Law Tribune, an honor presented to only 40 outstanding attorneys in the Boston area, age 40 or younger. In 2015, Ms. Jodoin was named a Top Woman in Law by Massachusetts Lawyers Weekly. In 2015 and 2016, Ms. Jodoin was named a Massachusetts Super Lawyer in her field.
Ms. Jodoin is a frequent lecturer on employment law for legal professional groups, including Massachusetts Continuing Legal Education, Massachusetts Bar Association, Women’s Bar Association, National Employment Lawyers Association, the Massachusetts Academy of Trial Attorneys, and other bar associations. Recent speaking engagements include:
Northeastern University School of Law, J.D., 2002
Bridgewater State College, B.A., 1995
Bar and Court Admissions
United States District Court of Massachusetts
United States Court of Appeals for the First Circuit
Ms. Jodoin is the co-author of a book, entitled, Representing a Plaintiff in a Wrongful Termination Case, which was published through the Massachusetts Continuing Legal Education.


Opening a pawn shop in Texas offers an entrepreneurial opportunity in a well-regulated industry that serves many customers who need quick loans or a place to sell and buy various goods. The process involves several crucial steps that ensure compliance with state laws while setting the stage for a successful business venture. Prospective pawnbrokers must navigate the legalities, financial planning, and operational details to establish a reputable and profitable pawn operation.
Acquiring the appropriate licensing is a fundamental step for future pawn shop owners in Texas. To meet the state requirements for operating a pawn establishment, they must submit the necessary documentation to the Texas Office of Consumer Credit Commissioner, including financial statements and experience affidavits. Once the legal framework is in place, entrepreneurs can focus on the logistical aspects, such as finding a location, sourcing inventory, and implementing operational systems to help manage the business’s day-to-day activities.
- Successful pawn shop operation in Texas begins with obtaining state-required licensing.
- Financial planning and understanding pawn industry regulations are crucial.
- Operational essentials include location setup, inventory management, and customer service.
Getting Started with Your Pawn Shop in Texas
Entering the pawn shop business in Texas requires meticulous planning and compliance with state regulations. This section will guide prospective pawnbrokers through the essential steps of formulating a business plan, navigating Texas’ legislative landscape, and choosing an optimal location for their business.
Creating a Business Plan
A solid business plan, including a pawn shop, is a cornerstone for any successful venture. It should outline specific goals, target market insights, and financial projections. The plan should include startup costs, potential revenue streams, and market research findings on the pawn industry’s buying and selling aspects. This document will provide a roadmap for the business owner and is also critical when applying for licensing and securing financing.
Understanding Texas Pawnbroking Regulations
Navigating through Texas regulations is crucial for operating within the legal framework. Prospective pawnbrokers must obtain a state-issued license for each location they operate. The Texas Office of Consumer Credit Commissioner (OCCC) oversees pawnshop regulations and licenses and offers a step-by-step guide on renewing Pawn Employees. Compliance with Texas’ finance codes and local zoning laws must be addressed to ensure the location chosen for your business can legally operate as a pawn shop.
Selecting a Strategic Location
The location of a pawn shop can significantly influence its success. One should consider high-traffic areas that are easily accessible to the target demographics. Adequate visibility and parking can also affect the number of customers who visit the shop. It is imperative to verify that the chosen site complies with local zoning laws for businesses, especially pawn shops, to avoid legal complications. The business’s location will also play a role in the competition analysis within the business plan, providing insights into the competitive landscape of the area.
Legal and Financial Considerations
Opening a pawn shop in Texas requires careful attention to legal frameworks and financial organization. This involves selecting an appropriate business structure, obtaining the necessary licenses, and establishing robust financial practices.
Forming Your Business Structure
When starting a pawn shop, one must determine the type of business entity they wish to establish. This decision impacts liability, taxes, and record-keeping. The options include:
- Sole Proprietorship: This is an unincorporated business with one owner who pays personal income tax on profits.
- Partnership: In a partnership, two or more people share ownership. Partners are responsible for debts and report their share of business profits or losses.
- Limited Liability Company (LLC): An LLC provides liability protection like a corporation, with the tax benefits of a sole proprietorship or partnership.
- Corporation: This entity is independent of its owners and has extensive requirements, including a board of directors and corporate officers.
An Employer Identification Number (EIN) from the IRS is essential for tax administration and opening a business bank account.
Securing Pawnbroker’s Licensing
Obtaining a pawnbroker’s license is essential for legal operation. Applicants must provide:
- Personal affidavits and employment history
- A complete background check with electronic fingerprints
- A financial statement proving a sound financial situation
The Texas Office of Consumer Credit Commissioner oversees the entire process. Coordination with the Comptroller of Public Accounts ensures adherence to state tax requirements.
Managing Finances and Accounting
Financial management entails:
- Organizing budgets and cash flow
- Establishing accounting procedures
- Handling sales taxes and financial reporting to regulatory bodies
Pawn shops must adopt appropriate accounting systems to record transactions, manage loans, and track inventory. Staying compliant with IRS rules and filing the correct tax forms on time is also crucial. Regular financial reviews help maintain a stable financial situation and prevent costly tax payments and loan management missteps.
Setting Up Shop
Opening a pawn shop in Texas involves meticulous planning to build a robust inventory, ensuring comprehensive safety and insurance measures are in place, and executing an effective launch strategy.
Building Inventory and Supplies
An aspiring pawn shop owner must start by acquiring a diverse range of inventory that appeals to the local market. This includes valuable items such as jewelry, electronics, musical instruments, and tools. They should also procure all necessary supplies for tagging, storing, and displaying these items securely and attractively.
- Inventory Acquisition: Jewelry, electronics, etc.
- Supplies: Tags, shelves, cases, software for inventory management
Ensuring Safety and Insurance
Safety for employees and customers is paramount in a pawn shop. Owners should install security systems like surveillance cameras and safes. Comprehensive insurance policies that cover theft, damage, and liability are also necessary. Proof of insurance is critical for the licensing process.
- Security Hardware: Cameras, safes, alarm systems
- Insurance Policies: Liability, property, and employee coverage
Launching Your Pawn Shop
A successful launch requires strategic marketing to build awareness. One should establish a professional website and utilize social media for promotions. A well-planned grand opening event can attract initial customers and generate buzz in the community.
- Marketing: Website development, social media campaigns
- Grand Opening: Promotional events, special offers
A thorough understanding of pawn loans and establishing customer trust are critical when operating a pawn shop in Texas. These operational essentials lay the groundwork for success.
Understanding Pawn Loans and Collateral
Pawn shops provide short-term loans to customers who pledge property as collateral. The loan amount is generally a fraction of the item’s resale value. If a borrower fails to repurchase the item within the agreed terms, the pawnshop may sell it. Pawnshop operators must assess items accurately to offer fair pawn loans that maintain profitability while also adhering to Texas’s interest rate regulations by the regulatory authority. They must obtain the proper pawnshop license to operate and ensure all transactions comply with state laws. Aspects of collateral loans include:
- Appraisal Skills: Accurate valuation of collateral items.
- Loan Terms: Clear communication of interest rates, loan duration, and redemption policies.
- Legal Compliance: Following state regulations on lending practices.
Building Trust and Customer Relations
Establishing customer trust is essential for any small business, especially in pawnbroking. A brand that is known for fair dealings will attract and retain customers. Key strategies include:
- Transparency: Providing customers with clear contract terms for pawn loans.
- Customer Service: Responsive and respectful service encourages repeat business.
- Security: Proper insurance to safeguard customer’s collateral items.
Promotion and community engagement are also vital. A strategic advertising campaign can position the pawn shop as a trustworthy and reliable entity within the market. Competition is a reality, so understanding what other competitors offer can help tailor services that meet unique customer needs, always under the oversight of the Texas regulatory authority.
Frequently Asked Questions
In this section, readers will find precise answers to common inquiries regarding the establishment, funding, and operation of pawn shops in Texas, including crucial steps and compliance with state regulations.
What are the initial steps to establish a pawn shop in terms of licensing and regulations?
One must adhere to specific licensing requirements and regulations to establish a pawn shop in Texas. This includes preparing and submitting a Pawnshop License Application and necessary documentation, such as proof of experience in the pawn industry.
Is it possible to start a pawn shop with limited capital, and how can one secure funding?
Starting a pawn shop with limited capital is challenging yet feasible. Prospective owners can explore financing options like small business loans, angel investors, or partnership investments. Crafting a detailed business plan is essential to attract potential funding sources.
What are the online requirements and procedures for starting a pawn shop in Texas?
The process includes creating an online account through the Texas Office of Consumer Credit Commissioner’s ALECS system and submitting the application digitally. Applicants should ensure browser compatibility and turn off auto-fill features to avoid technical issues.
How can one acquire an existing pawn license, and what are the specific considerations?
Acquiring an existing pawn license involves careful consideration of the shop’s financial health, reputation, and compliance with Texas regulations. Prospective buyers must also complete a transfer application through state regulatory bodies.
What are the potential earnings from operating a pawn shop, and what factors influence profitability?
Earnings from operating a pawn shop vary based on loan interest rates, retail sales margins, and inventory turnover. Local economic conditions, store location, and effective management influence a pawn shop’s profitability.
Which agency oversees pawn shop operations, and how does compliance vary across the state?
The Texas Office of Consumer Credit Commissioner (OCCC) oversees pawn shop operations statewide, ensuring compliance with financial regulations. Compliance requirements may include periodic reporting, recordkeeping, and adherence to consumer protection laws, which remain consistent across Texas.


2010 BVI Property Tax
- June 2nd, 2010
- in Yachting
The Inland Revenue Department is informing all property owners in the Virgin Islands that officers have begun the annual property tax assessment exercise for the month of June.
All property owners who have constructed a new building or have made improvements to any existing building must contact the Valuation Unit at the department so that an inspection for property tax purposes can be conducted. This will also ensure inclusion on the Property Tax Register.
The public is asked to extend full cooperation and assistance to the IRD officers as they carry out their duties.
Outstanding property taxes will receive a 20% penalty, therefore to avoid additional charges, property owners should be pay taxes in full as soon as possible. Annual property tax is due on 1st September and must be paid by 30th November.
For more information, please contact the Valuation Unit at the Inland Revenue Department at 494-3701 ext. 2155 (Road Town) or ext. 6533 (Virgin Gorda).


The Hopkins Correctional Facility is the result of an expansion to the previously existing Ararat Prison to create an additional 358 medium security male beds in a campus style setting, bringing the total capacity of the prison to 740 and doubling the facility area.
Nuvo Group was successfully selected by Brookfield Multiplex to deliver the $ 1.7 million electrical and communications packages for the expansion of the site’s secure perimeter zone. This was a 2.3km2 upgrade to the existing facility.
Over 18 months, Nuvo completed construction and installation of a new sterile zone, equipment cubicles, cameras, electric fence, UPS and a mobile phone detection array.
Works were carried out on a live operational prison facility. This involved working closely with the end client, Department of Health and Human Services (DHHS), and ensuring close adherence to security protocols while allowing ongoing site access to staff and subcontractors. Critical shutdowns were tightly managed to ensure essential services were maintained throughout and that impacts to daily prison operations were minimised.
Brookfield Multiplex had won the master builder contract after another builder failed to meet their obligations on the project. Thus, Nuvo and Brookfield Multiplex were under tight client scrutiny from the first day onsite. Nuvo sufficiently impressed the end client, successfully gaining an additional $3.1 million of additional electrical works from the DHHS.


BULLFROG GOLD CORP.
AUDIT COMMITTEE CHARTER
The Audit Committee (the “Committee“) of the Board of Directors (the “Board“) of Bullfrog Gold Corp. (the “Company“) shall assist the Board in fulfilling its financial oversight responsibilities. The Committee’s primary duties and responsibilities under this mandate are to serve as an independent and objective party to monitor:
- The quality and integrity of the Company’s financial statements and other financial information;
- The compliance of such statements and information with legal and regulatory requirements;
- The qualifications and independence of the Company’s independent external auditor (the “Auditor“); and
- The performance of the Company’s internal accounting procedures and Auditor.
- STRUCTURE AND OPERATIONS
The Committee shall be comprised of three members, a majority of which shall be independent.
Each member of the Committee must be a member of the Board.
A majority of the members of the Committee shall not be officers or employees of the Company or of an affiliate of the Company.
Each member of the Committee must be able to read and understand fundamental financial statements, including the Company’s balance sheet, income statement, and cash flow statement.
- Appointment and Removal
In accordance with the By-laws of the Company, the members of the Committee shall be appointed by the Board and shall serve until such member’s successor is duly elected and qualified or until such member’s earlier resignation or removal. Any member of the Committee may be removed, with or without cause, by a majority vote of the Board.
Unless the Board shall select a Chair, the members of the Committee shall designate a Chair by the majority vote of all of the members of the Committee. The Chair shall call, set the agendas for and chair all meetings of the Committee.
The Committee may form and delegate authority to subcommittees consisting of one or more members when appropriate, including the authority to grant pre-approvals of audit and permitted non-audit services, provided that a decision of such subcommittee to grant a pre-approval shall be presented to the full Committee at its next scheduled meeting.
The Committee shall meet at least once in each fiscal year, or more frequently as circumstances dictate. The Auditor shall be given reasonable notice of, and be entitled to attend and speak at, each meeting of the Committee concerning the Company’s annual financial statements and, if the Committee feels it is necessary or appropriate, at every other meeting. On request by the Auditor, the Chair shall call a meeting of the Committee to consider any matter that the Auditor believes should be brought to the attention of the Committee, the Board or the shareholders of the Company.
At each meeting, a quorum shall consist of a majority of members.
As part of its goal to foster open communication, the Committee may periodically meet separately with each of management and the Auditor to discuss any matters that the Committee believes would be appropriate to discuss privately. In addition, the Committee should meet with the Auditor and management annually to review the Company’s financial statements in a manner consistent with Section III of this Charter.
The Committee may invite to its meetings any director, any manager of the Company, and any other person whom it deems appropriate to consult in order to carry out its responsibilities. The Committee may also exclude from its meetings any person it deems appropriate to exclude in order to carry out its responsibilities.
The following functions shall be the common recurring duties of the Committee in carrying out its purposes outlined in Section I of this Charter. These duties should serve as a guide with the understanding that the Committee may fulfill additional duties and adopt additional policies and procedures as may be appropriate in light of changing business, legislative, regulatory or other conditions. The Committee shall also carry out any other responsibilities and duties delegated to it by the Board from time to time related to the purposes of the Committee outlined in Section I of this Charter.
The Committee, in discharging its oversight role, is empowered to study or investigate any matter of interest or concern which the Committee in its sole discretion deems appropriate for study or investigation by the Committee.
The Committee shall be given full access to the Company’s internal accounting staff, managers, other staff and Auditor as necessary to carry out these duties. While acting within the scope of its stated purpose, the Committee shall have all the authority of, but shall remain subject to, the Board.
- Powers and Responsibilities
The Committee will have the following responsibilities and, in order to perform and discharge these responsibilities, will be vested with the powers and authorities set forth below, namely, the Committee shall:
Independence of Auditor
1) Review and discuss with the Auditor any disclosed relationships or services that may impact the objectivity and independence of the Auditor and, if necessary, obtain a formal written statement from the Auditor setting forth all relationships between the Auditor and the Company.
2) Take, or recommend that the Board take, appropriate action to oversee the independence of the Auditor.
3) Require the Auditor to report directly to the Committee.
4) Review and approve the Company’s hiring policies regarding partners, employees and former partners and employees of the Auditor and former independent external auditor of the Company.
Performance & Completion by Auditor of its Work
5) Be directly responsible for the oversight of the work by the Auditor (including resolution of disagreements between management and the Auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work.
6) Review annually the performance of the Auditor and recommend the appointment by the Board of a new, or re-election by the Company’s shareholders of the existing, Auditor.
7) Pre-approve all auditing services and permitted non-audit services (including the fees and terms thereof) to be performed for the Company by the Auditor unless such non-audit services:
(a) which are not pre-approved, are reasonably expected not to constitute, in the aggregate, more than 5% of the total amount of revenues paid by the Company to the Auditor during the fiscal year in which the non-audit services are provided;
(b) were not recognized by the Company at the time of the engagement to be non-audit services; and
(c) are promptly brought to the attention of the Committee by Management and approved prior to the completion of the audit by the Committee or by one or more members of the Committee who are members of the Board to whom authority to grant such approvals has been delegated by the Committee.
Internal Financial Controls & Operations of the Company
8) Establish procedures for:
(a) the receipt, retention and treatment of complaints received by the Company regarding accounting, internal accounting controls, or auditing matters; and
(b) the confidential, anonymous submission by employees of the Company of concerns regarding questionable accounting or auditing matters.
Preparation of Financial Statements
9) Discuss with management and the Auditor significant financial reporting issues and judgments made in connection with the preparation of the Company’s financial statements, including any significant changes in the Company’s selection or application of accounting principles, any major issues as to the adequacy of the Company’s internal controls and any special steps adopted in light of material control deficiencies.
10) Discuss with management and the Auditor any correspondence with regulators or governmental agencies and any employee complaints or published reports which raise material issues regarding the Company’s financial statements or accounting policies.
11) Discuss with management and the Auditor the effect of regulatory and accounting initiatives as well as off-balance sheet structures on the Company’s financial statements.
12) Discuss with management the Company’s major financial risk exposures and the steps management has taken to monitor and control such exposures, including the Company’s risk assessment and risk management policies.
13) Discuss with the Auditor the matters required to be discussed relating to the conduct of any audit, in particular:
- The adoption of, or changes to, the Company’s significant auditing and accounting principles and practices as suggested by the Auditor or management.
- Any difficulties encountered in the course of the audit work, including any restrictions on the scope of activities or access to requested information, and any significant disagreements with management.
Public Disclosure by the Company
14) Review the Company’s annual and quarterly financial statements and management discussion and analysis (MD&A) before the Board approves and the Company publicly discloses this information.
15) Review the Company’s financial reporting procedures and internal controls to be satisfied that adequate procedures are in place for the review of the Company’s public disclosure of financial information extracted or derived from its financial statements, other than disclosure described in the previous paragraph, and periodically assessing the adequacy of those procedures.
16) Review any disclosures made to the Committee by the Company’s Chief Executive Officer and Chief Financial Officer during their certification process of the Company’s financial statements about any significant deficiencies in the design or operation of internal controls or material weaknesses therein and any fraud involving management or other employees who have a significant role in the Company’s internal controls.
Manner of Carrying Out its Mandate
17) Consult, to the extent it deems necessary or appropriate, with the Auditor but without the presence of management, about the quality of the Company’s accounting principles, internal controls and the completeness and accuracy of the Company’s financial statements.
18) Request any officer or employee of the Company or the Company’s outside counsel or Auditor to attend a meeting of the Committee or to meet with any members of, or consultants to, the Committee.
19) Meet, to the extent it deems necessary or appropriate, with management and the Auditor in separate executive sessions at least quarterly.
20) Have the authority, to the extent it deems necessary or appropriate, to retain independent legal, accounting or other consultants to advise the Committee advisors.
21) Make regular reports to the Board.
22) Review and reassess the adequacy of this Charter annually and recommend any proposed changes to the Board for approval.
23) Annually review the Committee’s own performance.
24) Not delegate these responsibilities other than to one or more independent members of the Committee the authority to pre-approve, which the Committee must ratify at its next meeting, non-audit services to be provided by the Auditor.
- Limitation of Audit Committee’s Role
While the Committee has the responsibilities and powers set forth in this Charter, it is not the duty of the Committee to plan or conduct audits or to determine that the Company’s financial statements and disclosures are complete and accurate and are in accordance with generally accepted accounting principles and applicable rules and regulations. These are the responsibilities of management and the Auditor.
Approved by the Board of Directors: May 28, 2019


The owner of this website (www.fuecapilar.com) and service provider of the information society is NAVAKIN VENTURES S.L. with CIF. B56076557, registered in the Mercantile Registry of Córdoba, Volume 2588, Folio 11, Inscription 1 with sheet CO-38319. You can contact us by phone: 951 463 025 or 656 804 462 and Email: firstname.lastname@example.org
The personal data that NAVAKIN VENTURES S.L. collects on its web page, and in particular, the customer data entered during the contracting procedure, are subject to automated processing and are included in the corresponding files, called “CLIENT DATA”, duly registered with the Spanish Agency for the Protection of Data.
All personal data voluntarily provided by our customers to www.fuecapilar.com / Navakin Ventures SL through our website, and that help us maintain a fluid and personalized communication with our client, are treated with absolute confidentiality and always in accordance with the Organic Law of Protection of Personal Data (LOPD).
According to the requirements of the LOPD, we would like to inform you that the entity responsible for the file registered in the Registry of the Spanish Agency for Data Protection (AEPD), is Navakin Ventures SL, with CIF: B56076557.
Email: marketing (at) fuecapilar.com
Postal: Navakin Ventures SL, Calle Escritora Ana María Matute Nº8, 1º1, 14014, Córdoba
Recipient of the data
By virtue of what is established in the law, we would like to inform our users that in order to carry out a correct management of their cases, and during the hiring process of the services in www.fuecapilar.com, we see ourselves in the position of having to communicate the personal data provided to the entities that will provide the services in the final instance, that is, our suppliers, who will only and exclusively use said data in order to carry out the provision of the contracted service.
Veracity of the information
All the information provided by the User must be true and accurate. For these purposes, the interested party guarantees the authenticity of all data provided as a result of completing the corresponding forms. In any case, the User will be solely responsible for the false or inaccurate statements made, and the damages caused to FueCapilar, or third parties, for the information provided.
Conservation of data
The data referring to name, surname, email address, telephone and images will be kept indefinitely unless the User requests the withdrawal, in which case, we will proceed to the removal of your data. The rest of the data provided by the User will be deleted 18 months after the end of the contracted service.
Our services are aimed at people of legal age, in the event that some of our services are specifically aimed at minors, Navakin Ventures SL will request the consent of parents or guardians for the collection of personal data or, where appropriate, for automated processing of the data as stated in the current legislation.
If the registered party is a minor, it is required that they have the prior consent of their parents or guardians before proceeding to the inclusion of their personal data in the forms of the Website.
In no case, any personal information of the patients will be shared through any social network of which FUECAPILAR forms a part without the express consent of the User.
Security of the information
FUECAPILAR uses technologies appropriate to the current state of the art, to protect your data and personal information, so our website is stored on secure servers protected against the most common types of attacks. However, we remind you that there is no invulnerable technology and therefore you must put the means at your disposal to maintain the level of security of your data. FUECAPILAR has adopted the technical and organizational measures that guarantee the security of personal data and prevent their alteration, loss, treatment or unauthorized access, taking into account the state of the technology, the nature of the stored data and the risks to which they are exposed.
Finally, FUECAPILAR will treat the data to which it has access according to the instructions of the USER, not applying them or using them for purposes other than those established in this document.


The Virtual Reality Module allows you to look at the crime scenes of Chronicles of Crime in a much more immersive way. Attach the VR Glasses to your mobile device and look at the crime scene all around you just like if you were there!
It also contains a QR code to unlock the scenario "Secret Report" for free, otherwise available to buy in the app. It's not a game by itself, you need to have the base game of Chronicles of Crime to play. Only 1x VR Glasses is enough, since the game is played with only 1 device. Beware not to throw away the tuck box before you have scanned the QR code contained inside.


By Ron Van Straten
What is Tax Increment Finance and how can it help my business?
Tax increment finance (TIF) is a popular finance tool used by communities across Wisconsin. There are over 1,000 communities that have used this method to help finance economic development. At the same time, it is probably the most misunderstood and confusing term at the municipal level.
In a nutshell, tax increment finance uses future property tax revenue generated from proposed development to finance infrastructure projects that will improve a given geographic area (tax increment district). For example, a community might identify an area near a highway interchange that has potential for new development but the cost of extending sewer and water service to the area simply outweighs the profit a developer might generate from the project, as well as the additional property tax that the community would get from the new development. Keep in mind that a local city or village might have a property tax rate of $2-$6 per $1,000 of new property value.
If the community in the above example were to form a tax increment district for the project they would be allowed to capture all the new property taxes generated from the project until the cost of the infrastructure improvements are paid (with some limitations). Instead of the $2-$6 per $1,000 of new property tax value, the community would be allowed to keep the whole amount of property tax paid by the new development of $20-$30 per $1,000 of new property value. In short, this would make it feasible for a community to spend say $1 million to extend services if the project were to generate $6 million of new taxable development. After the infrastructure costs are paid back the community dissolves the tax increment district and all the taxing jurisdictions share the additional property tax just as they do with any other taxable property.
From the perspective of a businessperson, tax increment finance can provide incentives that otherwise would not be available. The Wisconsin tax increment finance law allows a tremendous amount of flexibility regarding what a community can offer a business for incentives. While it is not legal for a community to offer lower property taxes to one business or group of businesses, tax increment finance allows the community to provide direct or indirect incentives to the business or businesses. These incentives can take the form of actual cash payments or they can be in the form of improved roads, sewer or water service, or other site improvements.
In short, this entry is intended to help simplify a concept that can be confusing. We hope that this helps you understand tax increment finance and how it can benefit you as a businessperson. If you would like to discuss the topic further, please contact Ron Van Straten at (920) 405-3828.


To the Memory of Hugo Grotius / In
Reverence and Gratitude / From the United States of America / on the occasion of the International Peace Conference of The Hague / July 4th, 1899.
The wreath still hangs on Grotius' tomb to this day. W.H. de Beaufort said these words about the U.S. wreath on July 4, 1899:
I sincerely hope that this fine and precious work of art will remain for ever on the place where it is now fixed. ... May it act as a stimulus for future generations in their exertions in behalf of still further reforms in the practice of international law.
In honor of the 10 year anniversary of the International Criminal Court, on July 4, 2012, U.S. students, citizens and diplomats will convene another celebration at Grotius' tomb. A new wreath will be laid by U.S. Ambassador for Global Criminal Justice, Stephen J. Rapp. A number of addresses which focus on the United States' role in the development of the "Grotian Project" of international law will be delivered.


Representatives of the Cannabis Control Commission held a final public hearing on Friday at the West Tisbury library. The lightly attended, 20-minute event was the final Island stop of an extensive public outreach campaign by the commission that began last fall.
Following the same protocol of the Oct. 17 public hearing, commission members — general counsel Christine Baily and commissioner Britte McBride — took public comment but did not answer questions.
Commissioners received a warm welcome, with several commenters giving them kudos for the commission’s work to date.
Aja Atwood, of Mashpee, co-founder of Trella Technologies, complimented the commission on its public outreach efforts.
“The public drafted this document, this is what we voted for,” she said, referring to the 100-page draft of proposed regulations that the commission has written over the course of its public listening tour. Atwood suggested there is room for improvement in the area of testing, and that regulations should be set and managed by a third party. “Test results should not go to the cultivators without any form of oversight,” she said. “We need to ensure all products that are received are safe.”
Atwood also addressed local opposition to legalization, which has cropped up frequently. “To those who created a petition campaign to scrap the regulations, mainly on Cape Cod, stating that ‘the draft goes beyond what the people of Massachusetts voted for,’ I beg to differ,” she said. “The people who attended previous public hearings and wrote letters and emails, they are the ones who drafted this document.”
Kaylea Moore, legislative liaison for Martha’s Vineyard for state representative Dylan Fernandes said it was essential that the commission address the Island factor — cannabis products will have to be shipped across federal waters to reach Martha’s Vineyard and Nantucket, and will have to be sent to the mainland for testing. In June, Fernandes, along with state Sen. Julian Cyr, who also represents the islands, amended the state adult-use marijuana law to require the commission to promulgate regulations that address the Island factor. “Martha’s Vineyard and Nantucket require special accommodation. The cookie cutter state policy often does not fit the needs of Dukes and Nantucket counties,” Moore said, reading from a prepared statement. “The regulations must take into consideration the legal implications of the unique geography of the Islands.”
David O’Brien, east coast director of government relations for Weedmaps, a California-based cannabis company that provides software to licensed cannabis operators and maintains an online directory of medical and non-medical dispensaries in the United States and Europe, complimented the commission for “putting forward a regulatory framework that has the potential to make Massachusetts a national leader in cannabis policy.” In particular, Mr. O’Brien cited the commission’s work on independent lab testing standards and the inclusion of social consumption regulations.
Mr. O’Brien asked the commission to reduce the cultivation licensing fee from 25 cents to 10 cents per square foot of the grow operation. He said the municipal opposition that has cropped up across the state will limit the number of licenses and properties for marijuana retailers and suggested the commission require license holders to commit to a timeline to the opening of the establishment of not more than 12 to 18 months. He recommended the commission set the minimum investment capital for a license be $750,000.
Mr. O’Brien said no other state that has legalized adult-use marijuana has “host community agreements,” where cities and towns decide on financial compensation from the retail establishment and about whether to zone for medical and non-medical marijuana dispensaries. “Massachusetts is very much an outlier on this matter,” he said. “We encourage you to approach these regulations in a manner that makes these agreements workable and conducive to a functioning adult-use cannabis market and come up with a template that can be used statewide.” O’Brien suggested limited financial compensation to only gross sales of retailers, and not all the way down the supply line, which would result in a 29 percent tax rate.
Massachusetts towns can authorize a 3 percent local sales tax at retail dispensaries.
Geoff Rose, CEO of West Tisbury-based Patient Centric, asked that canopy area be better defined in the regulations as “combined diameters of individual plants, and that it should only include the space where adult plants are being grown, not aisle space and floor space used for storage, processing, packaging or dispensing.
Tisbury selectman Tristan Israel asked that the commission regulate packaging of edibles so that children do not mistake infused products for candy.
The final draft of the proposed regulations is to be released on March 15. License applications are to begin April 1. Licenses will be awarded in June and retail sales are scheduled to start July 1.
Written comments can be submitted to the commission at CannabisCommission@state.ma.us. until 5 pm, Thursday, Feb. 15.
Speaking to The Times after the meeting, commissioner Britte McBride said she’s been impressed by the thoughtfulness of the comments she’s received over the five months of public sessions.
“We were charged with setting up safe and sensible regulations, while diminishing the illicit market, that’s what the voters asked us to do,” she said. “The whole point of the draft regulations is to get input where the answers may not be as clear. The public has really turned out in numbers, which is what we had hoped for.”
McBride acknowledged Dukes and Nantucket counties are in a unique situation when it comes to medical and non-medical marijuana. “It’s a tough nut to crack, but I know Senator Cyr and Representative Fernandes take it very seriously.”
Although many on Beacon Hill are saying the process is being rushed, McBride said she still believes responsible regulations can be in place by July 1, but that won’t be the end of policy formulation.
“It’s highly likely issues will come up from a diverse array of voices,” she said. “This is the foundation. We’re not done as of July 1.”
McBride acknowledged that a tough nut yet to be cracked is a decision on whether towns that place a moratorium on retail sales will be entitled to a share of the tax money raised from sales statewide.
She said product testing will initially be done by independent, accredited laboratories. In the long run, the commission hopes to establish state-run testing facilities.
Addressing oversight concerns, McBride said the commission intends to hire a chief of investigations and enforcement and that spot inspections, secret shoppers, and I.D. checks will be part of an active monitoring effort.


Last Modified: February, 2023
This Website and/or App is offered and available to users who are 18 years of age or older, and reside in the United States or any of its territories or possessions. By using this Website and/or App, you represent and warrant that you are of legal age to form a binding contract with the Company and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Website and/or App.
Accessing the Website and/or App and Account Security
You can create an Account via manual registration, or by using your Apple or Facebook login details. If you create an Account using your Apple or Facebook login details, you authorize us to access, display and use certain information from your Apple or Facebook account, as applicable.
Furthermore, in order to use the App, you must connect your Coinbase account and your Plaid account.
Additionally, Centsy used Twilio to enable two-factor authentication (2FA), Firebase, for push notifications, and Messari for overall coin information (along with Coinbase).
We reserve the right to withdraw or amend this Website and/or App, and any service or material we provide on the Website and/or App, in our sole discretion without notice. We will not be liable if, for any reason, all or any part of the Website and/or App is unavailable at any time or for any period of time. From time to time, we may restrict access to some parts of the Website and/or App, or the entire Website and/or App, to users, including registered users.
You are responsible for both:
If you choose, or are provided with, a user name, password, or any other piece of information as part of our security procedures, you must treat such information as confidential, and you must not disclose it to any other person or entity. You also acknowledge that your account is personal to you and agree not to provide any other person with access to this Website and/or App or portions of it using your user name, password, or other security information. You agree to notify us immediately of any unauthorized access to or use of your user name or password or any other breach of security by emailing firstname.lastname@example.org. You also agree to ensure that you exit from your account at the end of each session. You should use particular caution when accessing your account from a public or shared computer so that others are not able to view or record your password or other personal information.
Intellectual Property Rights
The Website and/or App and its entire contents, features, and functionality (including but not limited to all information, software, text, displays, images, video, and audio, and the design, selection, and arrangement thereof) are owned by the Company, its licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.
You must not:
You must not access or use for any commercial purposes any part of the Website and/or App or any services or materials available through the Website and/or App.
If you wish to make any use of material on the Website and/or App other than that set out in this section, please address your request to: email@example.com.
The Company name, the terms CENTSY, the Company logo, and all related names, logos, product and service names, designs, and slogans are trademarks of the Company or its affiliates or licensors. You must not use such marks without the prior written permission of the Company. All other names, logos, product and service names, designs, and slogans on this Website and/or App are the trademarks of their respective owners.
Third Party Stores
Additionally, you agree not to:
The Website and/or App may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, quizzes, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website and/or App.
Any User Contribution you post to the site will be considered non-confidential and non-proprietary. By providing any User Contribution on the Website and/or App, you grant us and our affiliates and service providers, and each of their and our licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material for any purpose.
You represent and warrant that:
You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness.
We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website and/or App.
Monitoring and Enforcement; Termination
We have the right to:
Without limiting the foregoing, we have the right to cooperate fully with any law enforcement authorities or court order requesting or directing us to disclose the identity or other information of anyone posting any materials on or through the Website and/or App. YOU WAIVE AND HOLD HARMLESS THE COMPANY AND ITS AFFILIATES, LICENSEES, AND SERVICE PROVIDERS FROM ANY CLAIMS RESULTING FROM ANY ACTION TAKEN BY ANY OF THE FOREGOING PARTIES DURING, OR TAKEN AS A CONSEQUENCE OF, INVESTIGATIONS BY EITHER SUCH PARTIES OR LAW ENFORCEMENT AUTHORITIES.
However, we cannot review material before it is posted on the Website and/or App, and cannot ensure prompt removal of objectionable material after it has been posted. Accordingly, we assume no liability for any action or inaction regarding transmissions, communications, or content provided by any user or third party. We have no liability or responsibility to anyone for performance or nonperformance of the activities described in this section.
These content standards apply to any and all User Contributions and use of Interactive Services. User Contributions must in their entirety comply with all applicable federal, state, local, and international laws and regulations. Without limiting the foregoing, User Contributions must not:
If you believe that any User Contributions violate your copyright, please see our Copyright Policy for instructions on sending us a notice of copyright infringement. It is the policy of the Company to terminate the user accounts of repeat infringers.
Reliance on Information Posted
The information presented on or through the Website and/or App is made available solely for general information purposes. We do not warrant the accuracy, completeness, or usefulness of this information, including any price quotes for any digital currencies displayed on the Website and/or App. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Website and/or App, or by anyone who may be informed of any of its contents.
This Website and/or App includes content provided by third parties, including materials provided by other users, bloggers, and third-party licensors, syndicators, aggregators, and/or reporting services. All statements and/or opinions expressed in these materials, and all articles and responses to questions and other content, other than the content provided by the Company, are solely the opinions and the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of the Company. We are not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.
Centsy charges a monthly recurring subscription fee in the amount of $1.99, exclusive of any taxes you may owe. Subscription payments to Centsy for the use of the App are handled via the respective Third Party Store through which You downloaded and otherwise accessed the App through (e.g., Apple App Store, Google Play Store) and are also governed by the respective Third Party Store’s Terms.
Changes to the Website and/or App
We may update the content on this Website and/or App from time to time, but its content is not necessarily complete or up-to-date. Any of the material on the Website and/or App may be out of date at any given time, and we are under no obligation to update such material.
Information About You and Your Visits to the Website and/or App
Online Purchases and Other Terms and Conditions
Linking to the Website and/or App and Social Media Features
You may link to our homepage, provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not establish a link in such a way as to suggest any form of association, approval, or endorsement on our part without our express written consent.
This Website and/or App may provide certain social media features that enable you to:
You may use these features solely as they are provided by us, and solely with respect to the content they are displayed with, and otherwise in accordance with any additional terms and conditions we provide with respect to such features. Subject to the foregoing, you must not:
You agree to cooperate with us in causing any unauthorized framing or linking immediately to stop. We reserve the right to withdraw linking permission without notice.
We may disable all or any social media features and any links at any time without notice in our discretion.
Links from the Website
If the Website contains links to other sites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites linked to this Website, you do so entirely at your own risk and subject to the terms and conditions of use for such websites.
The owner of the Website and/or App is based in the State of New York in the United States. We provide this Website and/or App for use only by persons located in the United States. We make no claims that the Website and/or App or any of its content is accessible or appropriate outside of the United States. Access to the Website and/or App may not be legal by certain persons or in certain countries. If you access the Website and/or App from outside the United States, you do so on your own initiative and are responsible for compliance with local laws.
Additional restrictions may be applied by Coinbase for the buying and selling of certain digital currencies in various states. Please refer to Coinbase’s Terms of Service for more information.
Disclaimer of Warranties
You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the Website and/or App will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our site for any reconstruction of any lost data. TO THE FULLEST EXTENT PROVIDED BY LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A DISTRIBUTED DENIAL-OF-SERVICE ATTACK, VIRUSES, OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA, OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE WEBSITE AND/OR APP OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE AND/OR APP OR TO YOUR DOWNLOADING OF ANY MATERIAL POSTED ON IT, OR ON ANY WEBSITE AND/OR APP LINKED TO IT.
YOUR USE OF THE WEBSITE AND/OR APP, ITS CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE AND/OR APP IS AT YOUR OWN RISK. THE WEBSITE AND/OR APP, ITS CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE AND/OR APP ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER THE COMPANY NOR ANY PERSON ASSOCIATED WITH THE COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE WEBSITE AND/OR APP. WITHOUT LIMITING THE FOREGOING, NEITHER THE COMPANY NOR ANYONE ASSOCIATED WITH THE COMPANY REPRESENTS OR WARRANTS THAT THE WEBSITE AND/OR APP, ITS CONTENT, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE AND/OR APP WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT OUR SITE OR THE SERVER THAT MAKES IT AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE WEBSITE AND/OR APP OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE AND/OR APP WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.
TO THE FULLEST EXTENT PROVIDED BY LAW, THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE.
THE FOREGOING DOES NOT AFFECT ANY WARRANTIES THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
NOT INVESTMENT ADVICE OR BROKERAGE. FOR THE AVOIDANCE OF DOUBT, CENTSY DOES NOT PROVIDE INVESTMENT, TAX, OR LEGAL ADVICE, NOR DOES CENTSY BROKER TRADES ON YOUR BEHALF. YOU ARE SOLELY RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, INVESTMENT STRATEGY OR RELATED TRANSACTION IS APPROPRIATE FOR YOU BASED ON YOUR PERSONAL INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES AND RISK TOLERANCE. YOU SHOULD CONSULT YOUR LEGAL OR TAX PROFESSIONAL REGARDING YOUR SPECIFIC SITUATION. WE MAY PROVIDE EDUCATIONAL INFORMATION ABOUT SUPPORTED DIGITAL CURRENCY, AS WELL AS DIGITAL CURRENCY NOT SUPPORTED BY THE SITES, APPLICATION, AND SERVICES IN ORDER TO ASSIST USERS IN LEARNING MORE ABOUT SUCH DIGITAL CURRENCY. INFORMATION MAY INCLUDE, BUT IS NOT LIMITED TO, BLOG POSTS, ARTICLES, LINKS TO THIRD-PARTY CONTENT, NEWS FEEDS, TUTORIALS, AND VIDEOS. THE INFORMATION PROVIDED ON THIS WEBSITE AND/OR APP OR ANY THIRD-PARTY SITES DOES NOT CONSTITUTE INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, OR ANY OTHER SORT OF ADVICE, AND YOU SHOULD NOT TREAT ANY OF THE WEBSITE’S CONTENT AS SUCH. WE DO NOT RECOMMEND THAT ANY DIGITAL CURRENCY SHOULD BE BOUGHT, EARNED, SOLD, OR HELD BY YOU. BEFORE MAKING THE DECISION TO BUY, SELL OR HOLD ANY DIGITAL CURRENCY, YOU SHOULD CONDUCT YOUR OWN DUE DILIGENCE AND CONSULT YOUR FINANCIAL ADVISORS BEFORE MAKING ANY INVESTMENT DECISION. THE COMPANY WILL NOT BE HELD RESPONSIBLE FOR THE DECISIONS YOU MAKE TO BUY, SELL, OR HOLD DIGITAL CURRENCY BASED ON THE INFORMATION PROVIDED BY US. ANY PRESELECTED PURCHASE AMOUNTS ON ANY DISPLAY SCREENS ARE FOR EXAMPLE PURPOSES ONLY AND SHALL NOT BE CONSIDERED AS ANY RECOMMENDATION OR ADVICE ON PURCHASE AMOUNTS WHATSOEVER.
It is your sole responsibility to determine whether, and to what extent, any taxes apply to any transactions you conduct through our Services or Application, and to withhold, collect, report and remit the correct amounts of taxes to the appropriate tax authorities. Your transaction history is available through your connected exchange Account. The Company does not provide tax advice and it is up to the User to ensure the reliability of each User’s tax liability.
Limitation on Liability
TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL THE COMPANY, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE WEBSITE AND/OR APP, ANY WEBSITE AND/OR APPS LINKED TO IT, ANY CONTENT ON THE WEBSITE AND/OR APP OR SUCH OTHER WEBSITE AND/OR APPS, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.
THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
Governing Law and Jurisdiction
Limitation on Time to File Claims
Waiver and Severability
These Terms are concluded solely between you and Centsy, LLC, and not with the providers of the Third Party Store, and Centsy (and not the Third Party Store providers) is solely responsible for the App and the content thereof. To the extent that these Terms provide for usage rules for the App which are less restrictive or in conflict with the applicable terms of service of the Third Party Store from which you obtain the App, the more restrictive or conflicting term of the Third Party Store will take precedence and will apply.
The Third Party Store provider and its subsidiaries are third party beneficiaries of this Agreement, and, upon your acceptance of these Terms, the Third Party Store provider from whom you obtained the App will have the right (and will be deemed to have accepted the right) to enforce these Terms against you as a third party beneficiary thereof.
Your Comments and Concerns
This Website and/or App is operated by Centsy, LLC 8128 Bud Henderson Rd Huntersville, NC 28078.
All notices of copyright infringement claims should be sent to the copyright agent designated in our Copyright Policy in the manner and by the means set out therein.
All other feedback, comments, requests for technical support, and other communications relating to the Website and/or App should be directed to: firstname.lastname@example.org.


Every industry has to deal with questions of law and issues of ethics. Real estate is no different. After reading a recent Realtor.com article, I found myself wondering, if a buyer can only make one offer at a time in a tight, low inventory environment, is it fair that a seller can wait and hold up responding to a buyers offer for the express purpose of soliciting multiple offers?
It’s certainly legal, maybe even a very successful marketing tactic, but why then are buyers expected, or sometimes even constrained by law to make only one offer at a time?
One case scenario –a Listing agent sets a low asking price for the express purpose of driving bids up artificially.
How ethical is that? It’s lawful, but is it ethical?
Usual scenario – two or more buyers see a house in any 24 hour period of time. During the reasonable time frame a buyer allows a seller to make their decision, the agent is informed of another or several other offers coming in.
Suddenly, the “fix” is in, the pressure is on and the original buyer finds themselves in a precarious situation. They saw the house first, they made the first offer, now they are stuck playing a guessing game of “who’s got the BEST offer?” This leaves a buyer possibly paying more than they really wanted to pay and maybe more than they SHOULD be paying! Many feel pressured into giving away their rights to home inspections, they are led to believe they’ve lost the ability to ask for closing cost help or for repairs to be made and essentially ending up purchasing “AS IS” for TOP DOLLAR!
Lawful, but is it ethical? What kind of response should agents have to this situation?


XNote Stopwatch 1.67
EULA - End User License Agreement
XNote Stopwatch: License Agreement
XNote Stopwatch (hereinafter "the SOFTWARE") is "try-before-you-buy"
software. This means:
- All copyrights to XNote Stopwatch are exclusively owned by Dmitry Nikitin.
- EVALUATION: You may, free of charge, use and evaluate the SOFTWARE
without time limit. However, if the SOFTWARE fits your needs and you wish
to use the SOFTWARE without limitations of free evaluation version, you
must register the SOFTWARE.
- The unregistered evaluation version of the SOFTWARE may be freely
distributed, provided the distribution package is not modified.
- Once registered, the user is granted a non-exclusive license to use the
fully functional version of the SOFTWARE on any computer, for any legal
purpose. The license grants usage rights to the named registrant only.
- Once registered, the SOFTWARE may not be leased but may be resold if
the person receiving it agrees to this license agreement in full.
- THE SOFTWARE IS DISTRIBUTED "AS IS". NO WARRANTY OF ANY
KIND IS EXPRESSED OR IMPLIED. YOU USE AT YOUR OWN RISK.
THE AUTHOR WILL NOT BE LIABLE FOR DATA LOSS, DAMAGES,
LOSS OF PROFITS OR ANY OTHER KIND OF LOSS WHILE USING
OR MISUSING THIS SOFTWARE.
- You may not use, copy, emulate, clone, rent, lease, sell, modify,
decompile, disassemble, otherwise reverse engineer, or transfer the
licensed program, or any subset of the licensed program, except as
provided for in this agreement. Any such unauthorised use shall result
in immediate and automatic termination of this license and may result
in criminal and/or civil prosecution.
- Installing and using the SOFTWARE signifies acceptance and agreement
to the terms and conditions of this license.
- If you do not agree with the terms of this license you must cease to use the
SOFTWARE and remove the SOFTWARE from your storage devices.
All rights not expressly granted here are reserved by Dmitry Nikitin.


“[20 years ago], the police were repeatedly arresting the same people; many not only had a serious mental illness but were also addicted to drugs or alcohol and were often homeless. And whether they went to the jail or the ER, it was expensive for everyone — the jails, the hospitals and the police department that had to pay for overtime while cops waited at the hospital.
San Antonio’s response was to require all officers to take a 40-hour course called Crisis Intervention Training – to learn how to handle mental health crises. But even with strong programs, there’s only so much that training alone can do; there’s still the problem of where to take patients [with serious mental illness].
San Antonio tackled that problem, too. People who commit a felony still go to jail, regardless of their mental status. And those who need extensive medical care are taken to the hospital. But San Antonio built another option: the Restoration Center, a separate facility with a full array of mental and physical health services.
San Antonio and Bexar County have transformed their mental health system into a program considered a model for the rest of the nation. Today, the jails aren’t full, and the city and county have saved $50 million over the past five years.”


Whenever you are working abroad as a U.S. citizen or as a holder of a permanent resident visa your income earned anywhere in the world is subject to U.S. income taxes. The rules for filing taxes are generally the same even when you are living outside the U.S., but there are some differences you should know about. You must file a return regardless of being paid in a foreign currency and being required to file a return in that foreign country. For tax purposes, U.S. possessions or territories are not foreign countries.
When and Where to File
As a U.S. citizen or permanent resident working abroad, you are allowed a 2-month extension to the filing date, giving you a deadline of June 15th for a yearly return. You may also want to file estimated quarterly taxes. The October 15th deadline still applies for late filing, and you need to apply for this extension before June 15th.
As for where to file, the correct mailing addresses can be found on the IRS website. As with Americans filing at home, you are eligible for free electronic filing if your income is $57,000 or less. Use the free e-filing service on the IRS site to take advantage of this option. You may use DHL, FedEx, or UPS to ensure that you meet the deadlines for filing.
Payment of Taxes
You must pay your taxes in U.S. dollars. Visit the IRS website for information on current exchange rates with the currency you are being paid in. You will be subject to interest and penalties for late payment of your taxes. If you are paying foreign taxes as well as U.S. taxes, you may receive a foreign tax credit or take a deduction on your payment of foreign taxes.
You may be eligible for the foreign earned income exclusion. This eligibility depends on how long you remain working abroad before returning to the U.S. and also on how much you earn. You must have resided for 330 consecutive days in the same country in order to be eligible for the exclusion. The income cap for the exclusion is around $9000 per year. See IRS publication 54 for details and up-to-date information on exclusions. Even if you are not eligible for the foreign earned income exclusion, you must file an income tax return with the IRS.
To Get Help
The IRS can be contacted by email. You may also get personal assistance by going directly to the American Embassies in some cities such as Frankfurt, Germany; London, England; Paris, France; and Beijing, China.
Social Security and Medicare Taxes
You will have to pay social security and Medicare taxes while earning income overseas under certain conditions, such as working for the U.S. Government, working for a U.S. resident, or working for a corporation organized in the U.S. You are also liable if you are working for a foreign affiliate of an American employer. Visit the IRS website for more information on payment of FICA taxes when working in foreign countries. Your employer should contact the Social Security Administration to determine if you should be exempt from paying social security taxes in the country where you are working. Certain countries listed on the IRS website have entered into what are called totalization agreements with the U.S. government in order to avoid double taxation of social security benefits.


This is in relation to the on-going preparation of End of School Year (EoSY) reports at the school level as stipulated in Deped Order No. (DO) 11, s. 2018. This Office has received feedback, through various channels, on the difficulty in downloading of School Forms (SFs) with preloaded data from the Learner Information System (LIS) due to congestion brought about by the huge volume of users and other technical issues. In order to resolve this difficulty, the Information and Communications Technology Service (ICTS) is in the process of undertaking system improvement measures.
In the interim, this Office shall allow the relaxing of some provisions of DO 11, s. 2018, particularly item no. 2, paragraph 2 and 3 on page 4; paragraph 1, sentence 1 to 4 on page 7; and item no. 2.2 on page 8.
Class advisers experiencing difficulty in downloading of SFs from the LIS may use SFs available through direct download in the DepEd website under the School and ALS Forms section of the Resource tab. Class advisers are likewise allowed to adjust/correct the LIS download SFs for the current school year.
The instruction for the school system administrator to sign/initial on the SFs shall remain in effect. In addition, he/she must also fix a notation on each record with discrepancy in the system vis-à-vis manually-prepared/adjusted SFs. The school head, being the official accountable for all learners’ records in the school, shall ensure all necessary adjustment will be done once LIS normalizes.
All other provisions of DO11, s.2018 shall remain in effect and shall be implemented in full beginning SY 2018-2019.
For your information and guidance.


The Township is amending some of its ordinances. Select the titles below to view additional information about each amendment.
Chapter 220 Subdivision Land Development Ordinance
Amendments coming soon.
Chapter 245 Zoning Ordinance and Zoning Map
DRAFT ZONING ORDINANCE AND ZONING MAP AMENDMENTS
The Zoning Ordinance (Chapter 245) contains land use regulations for land within the Township. It defines legal rights and constraints regarding land use, and regulates size, impervious coverage of lots, density of development, building heights, parking requirements, and sign requirements for each parcel of land. The Zoning Map depicts the number and type of zoning districts, and delineates district boundaries throughout the Township.
Beginning in 2015, Township staff and an ad-hoc committee embarked on an effort to review and update the existing Zoning Ordinance and Zoning Map. The result of these efforts are the documents listed below. The intent of the proposed amendments is to carry out the objectives and goals from the Township’s recently adopted Comprehensive Plan. The amendments are also meant to reflect current lifestyles and community changes, as well as state law and legal/legislative actions.
On December 20, 2017, the Board of Commissioners adopted Ordinance 771, which repeals and replaces the existing Zoning Ordinance and amends the Zoning Map. Below are the final documents as well as a timeline history of the process. Should you have questions about the new Zoning Ordinance and/or Zoning Map, please contact the Community Development office at 717-766-0756.
NOTICE OF ADOPTION
The Board of Commissioners adopted Ordinance 771 on Wednesday, December 20, 2017.
NOTICE OF ENACTMENT
The Board of Commissioners will consider adopting the following ordinance to amend the Upper Allen TOwnship Zoning Map and repeal and replace Ordinance 588, as amended through Ordinance 619, the code of Upper Allen Township, Chapter 245, Zoning Ordinance. The meeting will take place on Wednesday, December 20, 2017.
A public hearing will be held on Monday, November 13, 2017 at 6:00 p.m. here at the Township buidling. The public hearing is an opportunity for residents provide testimony on the proposed amendments within the Zoning Ordinance and the Zoning Map.
For more information, select the following links to see a copy of the Draft Ordinance, the Draft Zoning Map (Exhibit A), and the Draft Zoning Ordinance (Exhibit B).
Each article within the Zoning Ordinance addresses specific items. Much of the current ordinance addresses the items listed below, although there are a few new articles. Below is a brief summary of each article and what amendments, if any, are proposed. Proposed changes throughout the ordinance are outlined in RED with either an underline for additions or strikethrough for deletions.
- Article I. Short Title; Purpose; General Provisions. This section includes updates to the Purposes of Enactment, Conflicting Regulations, Applicability, Municipality Liability, Community Development Objectives, Severability, Repealer, and Effective Date.
- Article II. Land Use Definitions. This section includes word usage and definitions for language found in the Ordinance. The existing Zoning Ordinance has its definitions at the end of the Chapter. The definitions have been moved to the front of the Chapter, and now provide definitions for all uses.
- Article III. Designation of Districts. This section lists the designated districts, explains the purpose of zoning districts, district boundaries, application of regulations, and uses not provided for.
- Article IV. Agriculture Districts (A). This section lists permitted uses, development options, and use and lot requirements for the Agriculture District. Several accessory uses were added to this district to support agriculture, such as Agritourism Enterprises and farmer’s markets.
- Article V. Residential Districts. All residential zoning districts were combined into one Article. Uses permitted by right, special exception, and conditional use are identified in a table format, instead of separate appendices. The residential zoning districts were also consolidated from four (RL, R-1, R-2, and R-3) to three districts (R-1, R-2, and R-3). Portions of Rural Living (RL) and Low-Density Residential R-1) were combined with R-1 and Medium-Density Residential (R-2) district areas.
- Article VI. Commercial, Mixed-Use and Institutional Districts. All commercial and mixed-use zoning districts were combined into one Article. Uses permitted by right, special exception, and conditional use are identified in a table format, instead of separate appendices. Village Residential (RL) and Village Business (VB) Zoning Districts have been combined into one Village District. For the Neighborhood Commercial District (C-1), some residential uses have been included to promote mixed-use development which serves as not only a transitional zone between more and less intensive uses, but also provides services to meet the needs of nearby neighborhoods. The Business Professional Office (BPO) was renamed Professional Office (PO) District.
- Article VII. Industrial District (IND). Uses permitted by right, special exception, and conditional use are identified in a table format, instead of a separate appendix. New uses such as medical marijuana dispensaries, growers/processors, and transport vehicle offices have been added. Restaurants and retail businesses are also uses now permitted in the Industrial District.
- Article VIII. Planned Residential Development (PRD) Overlay District. This section includes the purposes of the PRD District, as well as application requirements, general regulations/procedures and standards and conditions. Minor updates were made to this Article.
- Article IX. Steep Slope Protection (SSP) Overlay District. This section includes the purpose of the SSP Overlay District, as well as the boundary definition, SSP concept, boundary interpretation and appeals procedures, land use and development regulations, and uses permitted within the District. Minor updates were made to this Article.
- Article X. Floodplain Regulations. This section addresses the building, inspection, and enforcement of properties within identified floodway and floodplain areas. No changes were made to this Article. We expect FEMA to produce revised flood maps sometime in 2018. Any necessary revisions to this Article will take place at a later time.
- Article XI. Conservation Design Overlay District (CSO). This section describes the purpose, area of application, and development options for the CSO District. It also includes greenway area standards, conservation area and easement requirements, ownership and maintenance of conservation and greenway areas, and common facilities. Minor updates were made to this Article.
- Article XII. Airport Overlay District (AO). This is a new overlay district, which includes the establishment of airport zones as required by law, and regulations for permit applications. It also explains variances, use restrictions, obstruction marking and lighting, and enforcement.
- Article XIII. Scenic River Corridor Overlay District (New Overlay District). This is a new overlay district, which identifies permitted uses, prohibited uses, and required vegetation to protect and enhance the Yellow Breeches Creek.
- Article XIV. Specific Standards for Designated Uses. This section includes specific standards for permitted uses within the Township. Minor updates were made to the existing uses. Additional standards for several of the new uses have been added.
- Article XV. Nonconforming Lots, Uses and Buildings. This section contains information on existing nonconforming lots of record, uses and buildings, changes of use, abandonment and discontinuance, and registration of nonconforming uses and structures. Minor amendments were made to this article.
- Article XVI. General Regulations. This section includes general requirements for accessory buildings or structures, as well as yard adjustment regulations, general buffer regulations, height adjustments, habitable floor area, unenclosed storage, clear sight triangles, and other general regulations. Minor amendments were made to this article. Those amendments include the removal of conservation development requirements, which were moved to Article XI, and the inclusion of new requirements for the parking and storage of unlicensed, uninspected or inoperable motor vehicles, as well as the repair of personal motor vehicles.
- Article XVII. Off-Street Parking and Loading. Included in this section are general parking regulations, off-street parking requirements, location of parking spaces, joint parking facilities, design standards, lighting, and loading and unloading space. Off-street parking requirements have been assigned to all uses, and are in an easy to read table format.
- Article XVIII. Signs. This section involves general sign regulations, permitted on-premise signs, along with various regulations for different sign types. Due to recent court decisions, staff is working with the Township Solicitor to come up with alternate sign regulations. This Article will be revised in its entirety at a separate time.
- Article XIX. Administration and Enforcement. This section addresses the duties of the Zoning Officer, establishment and duties of the Zoning Hearing Board, and enforcement of the regulations. Minor updates were made to this Article.
Documents (previous drafts)
To view draft documents, click on the links below.
- Ch 245-September 2017 (dated September 2017) Text changes are highlighted in YELLOW.
- June 2017 Draft Zoning Ordinance Minor amendments made to Articles 2, 3, 5,6, 14,16,17,18 based on further review of language. Text changes are highlighed in YELLOW.
- Ch-245-September-2016-updates (dated September 2016) Minor amendments were made to Articles 2, 3, 4, 5, 6, 14, and 17 based on comments from the Cumberland County Planning Commission. Text changes are highlighted in YELLOW.
- Draft Zoning Ordinance (dated August 2016)
- Draft Zoning Map (dated August 2016)
- Draft Zoning Map w/ Notations (dated August 2016)
Board of Commissioners Meetings and Public Hearing
On September 6, 2017, a presentation was made to the Board of Commissioners about the proposed amendments. Public Hearing dates to discuss the Zoning Map and the Zoning Ordinance amendments will be announced at a future meeting.
On September 20, 2017, staff continued discussion with the Board of Commissioners. The Board scheduled a public hearing for Monday, November 13, 2017 at 6:00 p.m.
Planning Commission Meetings
The first scheduled public meeting with the Planning Commission took place on October 31, 2016. On June 26, 2017, the Planning Commission unanimously (6-0) recommended approval of the draft Zoning Ordinance and Zoning Map amendments. Below is a timeline of the meetings, as well as the draft documents. The June 2017 version of the draft amendments will be forwarded to the Board of Commissioners for their review.
- December 20, 2017: Board of Commissioners adopted Ordinance 771.
- November 13, 2017, 6:00 p.m.: Public Hearing at the Township building.
- September 20, 2017: Further discussion with Board of Commissioners. Scheduling of a public hearing for November 13, 2017 at 6:00 p.m.
- September 6, 2017: Presention made to the Board of Commissioners.
- June 26, 2017: 6th Planning Commission meeting. Discussion of June amendments and all other amendments to date. Planning Commission recommended approval of the proposed text and map amendments.
- April 24, 2017: 5th Planning Commission meeting. Discussion of amendments and zoning map.
- March 27, 2017: 4th Planning Commission meeting. Continued discussion of Articles 4, 5, 6, 7, and 14.
- Janaury 30, 2017: 3rd Planning Commission meeting. Discussion of Articles 4, 5, 6, 7, and 14.
- November 28, 2016: 2nd Planning Commission meeting. Discussion of Articles 1, 2, 3, and 16.
- October 31, 2016: 1st Planning Commission meeting. Planning Commission presentation. PC Presentation 10-31-16
- September 15, 2016: Cumberland County Planning Commission review.
- January – May 2016: Focus Group met to discuss draft language, provide input, and make suggestions for further review and analysis.
- December 2015: Ad-hoc focus group assembled to provide input and recommendations on the Township’s Zoning Ordinance and Zoning Map.
Page Created: 08/31/16 Last Updated: 01/10/18


Competitive Aspects of Registration of Advisors to Private Equity Fund
By Michael J. Macaluso, DLA Piper LLP, March 6, 2012, originally published by Thomson Reuters Business Law Currents.
March 30, 2012 is less than a month away. On that day the exemption of advisers to private equity funds and other private funds from the requirement to register with the U.S. Securities and Exchange Commission expires, as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
In announcing the new rules under Dodd-Frank on June 22, 2011, Mary Schapiro, SEC Chairman, was quoted as saying: “These rules will fill a key gap in the regulatory landscape. In particular, our proposal will give the [SEC], and the public, insight into hedge fund and other private fund managers who previously conducted their work under the radar and outside the vision of regulators.”1
Meanwhile, in a letter2 which stands out in the increasingly polarized world of Washington for its signatories from both parties, 17 members of the House of Representatives (“Members”) asked for delay of the implementation of the rules as they apply to advisors to private equity funds.
The Members of the House who signed the letter make the argument that the SEC’s “registration requirement [does] not sufficiently consider the nature of private equity funds and the significant differences between private equity and other types of investors.” These differences were pointed out to be the employment of long-term investment strategies, locked in capital and the relative sophistication of private equity investors. In addition, according to the letter, Chairman Schapiro herself stated on October 26, 2011 that the private equity business model is working with a select group of companies and working with management to strengthen them over time.” These are not “systemic risks” but “investments that endure market fluctuations,” the Members point out.
The concerns raised by the Members relating to the regulation of private equity funds deserve wider discussion. Fundamentally, what constitutes a “gap” in the regulatory landscape is not a question the answer to which will be without consequences.
Insufficient attention to such matters in the aftermath of the Enron fraud led to Sarbanes-Oxley3. While one can debate the merits of that legislation, one of its unintended consequences has been a continually decreasing share of US listed IPOs. According to Ernst & Young, the US raised just 15% of global capital in 2011, well below its past 10-year average levels of 28%4 despite the fact that global IPO volume has returned to pre-crisis levels. Another unintended consequence is that some companies choose to remain private to escape the regulatory burdens and associated costs of a listing despite attempts by Congress to lighten those burdens5. Neither consequence is particularly helpful to the capital formation process at a time when private capital should be encouraged to do more of the heavy lifting to return the economy to growth.
Fund managers preparing portfolio companies for listing on an exchange, and the companies themselves, are increasingly sophisticated consumers of a given country’s regulatory attitude, which translates into what this author calls the country’s “regulatory burden efficiency index.” Such an index could easily be constructed by taking into account the cumulative financial and non-financial regulatory burden a company faces in a particular jurisdiction, adjusted for how efficient such regulation actually is in achieving its necessary goals, the transparency of the process, and the cost of navigating the regulatory regime. A good example of how this plays out in practice is the actual case of a specific client attempting to determine the appropriate exchange for listing one of its portfolio companies. Although based in the United States, the manager eliminated the various US exchanges early in the process. What is clear is that clients already engage in a regulatory burden cost/benefit analysis to approximate such an index. To be fair, there are other factors that are taken into account in making this determination, such as how other companies of a similar type have fared in particular markets and the potential valuations achievable in particular markets, among others. However, it is also clear after many meetings in a number of countries with this particular client that the regulatory burden is a non-trivial consideration.
With the March 30 date approaching for private equity advisor registration, it might be useful to take another look at the Members’ letter as it is fundamental to determine whether adding a regulatory burden to a particular segment of an industry is necessary in the first place or would lead to more unintended consequences mitigating against capital formation and the global attractiveness of the US capital markets.
If things remain as they are relative to private equity advisor registrations, private equity funds will have to expend substantial resources to establish and maintain a compliance program. The Members who signed the letter fundamentally understand the issues. In the letter they note that “[s]ubjecting private equity firms to excessive regulation risks hindering our nation’s economic growth.”
In a continuously globalizing world, the old notion that US managers forming new funds groups would automatically form them in the United States also appears to be eroding. This can no longer be taken for granted. US private equity managers seeking to form a new funds group are now having their counsel perform a comparative analysis of the regulatory burden efficiency index in various jurisdictions in addition to the United States, again demonstrating that the US as the situs for the funds company is no longer the going-in assumption for these managers.
The Members rightly point out in the letter that an unnecessary regulatory burden not only misdirects resources the regulated parties have to deploy in order to comply, but also misdirects the resources of the regulator and adds to the cost of government.
In their letter, the Members ask the SEC to adopt a more streamlined registration process for private equity funds. While such a process is certainly welcome, the Members do not go far enough. There is precedent in Dodd-Frank for exceptional treatment of entities that are not deemed to pose systemic risks, particularly venture capital funds. It is time for the Members to consider adding private equity funds to that list by amending Dodd-Frank itself.
Michael Macaluso is a partner in DLA Piper’s global Corporate Finance, Capital Markets and Investment Funds practices. He has a long track record for successfully managing large, innovative and complex matters for some of the world’s leading institutions. Experience includes several hundred billion dollars of completed transactions. He has served as outside treasury counsel and outside general counsel for both financial institutions and funds. In addition, Mr. Macaluso has broad experience representing companies, funds and financial institutions in domestic and cross-border transactions. He has been deeply involved in assisting clients through the capital markets liquidity crises in 1998, 2001 and 2007-9.
Mr. Macaluso is currently an active member of the Thomson Reuters’ Partner Advisory Board.
1“SEC Adopts Dodd-Frank Act Amendments to Investment Advisers Act” US Securities and Exchange Commission Press Release 2011-133, June 23, 2011.
2Letter to Mary L. Schapiro, Chairman, Securities and Exchange Commission, from Scott Garrett and 16 other Members of the House of Representatives dated January 30, 2012
3The Sarbanes–Oxley Act of 2002 (Pub.L. 107-204, 116 Stat. 745, enacted July 30, 2002).
4Ernst & Young Global IPO Trends 2011.
5On July 21, 2011 the SEC adopted rules to implement exemptions from the registration requirements of the Investment Advisers Act of 1940 for advisers to venture capital funds as required by Title IV Dodd-Frank.