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Basic Understanding how Fractional Banking Works

Let’s present a scenario that is familiar to just about every adult. You go to the bank, deposit a physical check or stack of cash into the ATM or a cashier’s waiting hands. And…that’s likely the furthest you think about the matter. But have you ever stopped to consider where...
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SEC Advances Plan to Expand Accredited Investor Definition

“So why didn’t they [the SEC] consider changing the net worth requirement for individual investors to an investment test?” Roper queried. As the agency explained, the proposed amendments — which will be out for a 60-day comment period — would add new categories of natural persons based on professional knowledge,...
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SWIFT Messaging difference: MT799 and MT760

SWIFT MT799 versus MT760 MT799 is a digital message that is sent between banks; with the aim of showing funds or proof of deposits. It is important to note that it is not used as a method of transferring funds or an undertaking to do the same. MT760 is a...
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NEW CRYPTO-CURRENCY IRS GUIDELINES

The U.S. Internal Revenue Service (IRS) has published its first guidance in five years for calculating taxes owed on cryptocurrency holdings. Industry members have been eagerly awaiting the update since May 2019, when IRS Commissioner Charles Rettig said the agency was working on providing fresh guidance. The agency’s 2014 guidance left many questions...
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Fake-branded bars slip dirty gold into world markets

Reuters) - A forgery crisis is quietly roiling the world's gold industry. Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an...
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TIRED OF WASTING TIME DEALING WITH JOKER BROKERS?

Ok, I would like to start of by telling you a little about myself and my company. I created "GRB" Global Resource Broker 10 years ago when I put together a Mortgage Mediation resource to a good friend who has now made aprox Million dollar per year since I connected them. The...
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