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Before the emergency regulation becomes effective and curtailment orders can be issued, the regulation must be approved by the Office of Administrative Law (“OAL”) and filed with the Secretary of State. [read post]
14 Mar 2012, 9:10 am by velvel
So, it was a tremendous blow to many people on an individual basis and to the industry at large.My constituents, many of whom are victims of this fraud, from union workers who lost their pensions, to charities that lost their operating funds, to investors large and small who lost their life savings, literally lost their homes, lost absolutely everything, the experience has been absolutely devastating and they are devastated.Even worse, the confidence of investors around the world in the system of… [read post]