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Keyword: securitiesregs

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  • CEO Blows Away Congressional Hearing: 'I Was Fined for Hiring Too Many People!' (VIDEO)

    09/20/2011 7:04:43 AM PDT · by JesseWatters · 81 replies
    FoxNation.com ^ | Sept 20 | Staff
    "In my own business, securities regulations have prohibited me from hiring brokers for more than three years. I was even fined fifteen thousand dollar expressly for hiring too many brokers in 2008. In the process I incurred more than $500,000 in legal bills to mitigate a more severe regulatory outcome as a result of hiring too many workers. I have also been prohibited from opening up additional offices. I had a major expansion plan that would have resulted in my creating hundreds of additional jobs. Regulations have forced me to put those jobs on hold. In addition, the added cost...