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Armed with new investigative and analytical tools, the SEC filed a record number of enforcement actions in FY 2014, according to the Journal of Accountancy. The SEC announced on Thursday that its preliminary tally of enforcement actions for the fiscal year is 755, for a total of $4.16 billion in disgorgement and penalties, as compared to 686 actions in FY 2013 totaling $3.4 billion.
Layoffs don't usually come out of the clear blue sky like Zeus's thunderbolt. There are usually warning signs that, with experience, can be recognized--and when they're there, it might be a good idea to start updating your resume, according to personal finance blog the Billfold. While the article goes into each item in more detail, the signs of trouble include:
Malicious software makers are taking advantage of increasing sophistication of online ads to target users with custom-tailored malware, a practice called "Malvertising" that has nearly doubled since 2011, said CNN Money.
When considering a meeting, ask yourself: why are we meeting in the first place? If you don't, you might be costing the company a fair chunk of change, according to Quartz. Nestle, for example, estimates that--considering the salaries of the people involved--a bad meeting can mean $50,000 to $100,000 worth of wasted time that could better be applied elsewhere.
NYS Finance Superintendant Ben Lawsky clarified yesterday that the proposed regulations on virtual currencies, among which will be the requirement for certain parties to acquire a "BitLicense" to handle digital money, will not apply to software developers that make programs for interacting with it, according to Reuters. The proposed licensing regulation will also not apply to individual users of virtual currencies.
Not surprisingly, forecasts of the Ebola crisis's potential impact on the global economy are grim. One worst case scenario? According to the New York Times, the World Bank predicts an economic drain of as much as $32.6 billion by the end of next year if the virus spreads to additional countries in West Africa.