BRUCE BENT II; THE COMPETENT FINANCIAL MANAGER

Bruce Bent II is the current President and Vice Chairman of Double Rock Corporation. This is one of the leading technological and financial services companies.
With close to 20 years experience in the financial service arena, Bruce Bent II is one of the leading financial managers in America.

Bent is also a skilled entrepreneur who has come up with numerous inventions which have catapulted the financial and technological world. Some of his businesses include pharmaceutical care, wealth management, healthcare financing, intellectual property, consumer goods, financial technologies, business consulting among others.In addition to this, he holds over 50 patents on his inventions which have turned the cash management world into a trillion dollar industry. In fact he managed to turn the 2008 financial crises into a boon for some firms.

Apart from being the President and Vice President of Double Rock Corporation, Bruce Bent II also works for the Island Intellectual LLC and five other subsidiaries owned by this company as a senior executive. These firms are renowned for their innovation prowess which they have achieved under his leadership. In addition to this, he has also worked with other firms which include President of The Reserve where he worked for 17 years and Founder and owner of B2 Consulting where he has worked for almost four years as a consultant, advisor and investor of various startups that he has helped emerge into successful companies. However, he has also been affiliated with various other organizations.

Bruce Bent II also belongs to various inspiring organizations. They include the Young President’ Organization where he was the former chairman of the world business leader’s organization Gotham Chapter. He was also on the President’s Advisory Council of Scenic Hudson which is an environmental establishment that safeguards the Hudson River. He also seats on the board of 99 Jane which is a street condominium organization based in Manhattan. The entrepreneur has also belonged to the Entrepreneurs’ Organization in Manhattan.

Bruce Bent II graduated from The Northeastern University where he received a Bachelor of Science and Philosophy. He has been quoted in numerous books and publications which include The New York Times, Leadership Secrets of the World’s Most Successful CEO’S, The Wall Street Journal, Financial Times and many others

Read more about Bruce Bent II in this article.

FreedomPop is the Best Alternative for Smartphone Customers

FreedomPop is an amazing company. It has been around for several years, and yet, there are still millions of people that have not heard of it. When people start hearing about free phone service, it is going to be impossible to overlook a company like FreedomPop. This has become the company that is giving people access to free phone and Internet service. It has become possible for more people to see the benefits of using FreedomPop because they are realizing that this is quality service that doesn’t cost anything.

 

Multiple people have spoken out about a FreedomPop review, and many of these people believe that this is the way to go if you don’t have a huge need for data plans. FreedomPop even offers a plan for those that want unlimited data, but the real deal is found with free data. There are a large number of people that are not even interested in streaming videos and movies. They have these phones with carriers like Sprint or Verizon, and they feel that they are being forced to make these payments on plans they do not need. They don’t want to totally abandon their cell phones though. This is where FreedomPop comes into the picture. It is the great alternative for anyone that is interested in saving money.

 

Everyone just doesn’t want unlimited plans. Technology tends to push people forward and make them get things that they may have never been interested in acquiring. Smartphones are advancing and Internet speeds are being greater. The cost goes up naturally because of these improvements. What FreedomPop has done is give people the opportunity to get plans that meet their needs. They do not have to get sucked into a world where they are paying for the highest unlimited data plans.

 

With FreedomPop people can bring in their own phones. They do not have to worry about getting another expensive phone when they decide to cut their contracts with the old carriers. Customers that are using FreedomPop for the phone will eventually transition into free Internet service in the home. Phone plans are becoming higher, and Internet plans in the home are outrageous. This is why it is good to have a plan like this. FreedomPop has become the company that a lot of people depend on because there no contracts. They do not have to worry about cancellation fees.

 

Why New Zealand is still a Model of Tax Transparency

Following last week’s media focus on foreign trusts, lawyer Geoffrey Cone has given some insights.

New Zealand cannot in any way be described as a tax haven. New Zealand was among the first countries placed on the white list of the OECD as a result of having implemented to a large extent the globally agreed tax standard. The OECD has a list of all tax havens and NZ has never featured on it, and is not likely to ever appear on it.

Leadership in Tax Transparency

A major indicator of New Zealand’s demonstrated tax transparency leadership is the way the country handles matters related to foreign trusts and the trustees’ requirements–details that contribute to helping other governments requesting such relevant information.

Michael Cullen in 2006 introduced new rules following broad consultation. These include details regarding settlements and distributions, the trust deed, trust’s assets and liabilities particulars, and money spent and received by the trustee. All such records must be recorded in English and maintained in NZ, and failure to comply attracts stiff penalties.

Information Tax and Exchange Agreements

New Zealand maintains 39 double tax agreements. These are geared towards reducing tax impediments to international investment and cross-border trade, and to assist in preventing tax evasion and avoidance. Additionally, in excess of 20 agreements on tax information exchange have been signed by New Zealand with other countries. And, don’t forget that NZ is now a signatory to a Mutual Administrative Assistance in Tax Matters multilateral Convection. These are certainly not what you would expect to see in a typical tax haven.

The reason for the recent strong growth in the volume of foreign trusts being administered in New Zealand is because the country is recognized internationally as a stable, safe, and high quality jurisdiction that has fine laws, a well-regarded judiciary and a professional infrastructure.

Role of Foreign Trustees

While part of the credit can be attributed to the supportive regulatory environment put in place by successive NZ administrations, much also goes to the caliber of people acting as foreign trustees. Most of them are accountants and lawyers.

About Geoffrey Cone

Geoffrey Cone holds an LLB honors from the University of Otago (New Zealand) as well as a post graduate diploma from the same institution in tax and trust law. After working as a litigator in the British West Indies for two years, Geoffrey returned to practice in Auckland in 1997 where in 1999 he established his own practice.

Cone is a wealth planning specialist with a focus on Spain, Italy and Latin America. He is a partner at law firm Cone Marshall that works with international families and their financial advisers. His firm is the only one in New Zealand to exclusively specialize in international tax and trust planning.

SEC Whistleblower Program encourages Employees to speak out

Following the occurrence of trade-initiated financial crises, the U.S financial regulation passed the Dodd- Frank Wall Street Reform and Consumer Protection Act. The act was passed to seal the gaps that affected whistleblower compliance while reporting violations of legal securities trading.

Significant amendments to the bill were later introduced. One of the amendments was a new whistleblower program that ensured employment protection for whistleblowers and fair monetary compensation for whistleblowers who reported trade violations to the Securities and Exchange Commission.

The SEC was required to compensate whistleblowers after a successful enforcement act. Additionally, the law prohibited retaliation by employers to whistleblowers who reported securities violations. Whistleblowers were given a platform where they could anonymously report violations and be represented by an attorney.

Labaton Sucharow Law Firm
Labaton Sucharow law firm provided an immediate whistleblower practice program in response to the amendments in Dodd- Frank reform. The practice exclusively provides services to whistleblowers that need attorney services to present securities violations to SEC.

The company employed experts from the field of financial analysis, insider trading investigation, and forensic accountancy with a strong background in state law enforcement to provide legal services to clients. Jordan A. Thomas was chosen to lead the practice. He is among the people who developed the whistleblower program.

The new Whistleblower program
The new whistleblower practice provides employment protection, anonymous reporting and advocating for fair compensation to whistleblowers as outlined in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Anonymous reporting
Many whistleblowers had previously faced social stigmatization, which prevented them from reporting violations. Their fear of retaliation hampered the ability of law enforcement authorities to detect and prosecute securities violations. Anonymous reporting helped to eliminate issues of stigmatization for whistleblowers.

Employment protections
The decision of a whistleblower to report their employer can affect their professional attributes such as loyalty. As a result, a whistleblower may face retaliation or even deployment. The act provides a platform for whistleblowers to report employment injustice in regard to reporting securities trade irregularities.

Monetary sanctions and awards
The law required that SEC pays whistleblowers after a successful enforcement action. The compensation depended on the importance of the information provided by the whistleblower, amount recovered, and participation of the whistleblower during the enforcement action.

How to get the SEC Whistleblower Practice services
In cases where a whistleblower needs to report securities violations anonymously, the attorney representation team can be contacted by electronic submission through the website, telephone, or email. Consultations services are confidential and with confidentiality protected by the attorney-client privilege.