clayton the f.c.c. so it's like you know it's also someone exist in the us there was hell to go with have and capitalism shouldn't exist unless there's a penalty for committing troops so the f.c.c. is saying this is a special economy if you commit massive fraud there's no crime there's no criminal prosecution for you as you know the former attorney general of america should hold eric holder these banks are above the law and we question them i asked them this directly in the airport in washington i said do you still grieve that there is no law that applies to bankers. who rule the room for proof. the guy should be flayed bring a lawyer and i mean unless i'm joe i'm really not sure if you are right or left headline in the news and again the theme of this show is there's a special place in hell there's a special place and how for justin trudeau this is a special place in hell for these executives dumping their shares while announcing share buybacks and there's a special place and how for you k. ministers b

and the f.c.c. still hasn't taken action reporting from boom bust or t. l gox one of the largest crypto currency exchanges located in japan which lost hundreds of billions of dollars i think it was four hundred seventy five million back in twenty fourteen before they went into bankruptcy may be paying more of their customers money back but the ultimate rate at this time is undetermined a court has ruled that creditors and title to receive their claims could be paid in bitcoin rather than currency equivalents if they did so the actual amount could be huge if they are paid back at the current prices of bitcoin and as we reported. sixty to seventy five or something like that today when mt gox went bye bye bitcoin was worth several hundred dollars and he would talk crypto says christie i have a tech trader phone christi thank you so much for coming back we really appreciate it what do you make of this court ruling i thought that this was really interesting because they said this is a way that they're going to be putting the bankruptcy proceedings on pas and p

to be interviewing simon dixon in the second half so i wanted to get this final headline here the f.c.c. will leave good i c o's alone william headman the director of the division of corp finance at the securities and exchange commission gave a smart new want speech yesterday which was the fourteenth of june declaring the ether the cryptocurrency of the ether. mariyam network is not a security and so is not subject to the requirements of u.s. securities law he said quote putting aside the fund raising that accompanied their creation of ether based on my understanding of the present state of ether the a theory network and its decentralized structure current offers and sales of ether are not securities transactions and as with bitcoin applying the disclosure regime of the federal securities laws to current transactions an ether would seem to add little value but so as you see showing their hands that they're completely pliable when it comes to applying the law securities laws of thirty three thirty four so they are now you know bendable that is a testament to how many people on wall stree

the f.c.c. has rolled back net neutrality with the old rules expiring, but could those get the upper hand? we will speak to an f.c.c. commissioner. we will hear from a mayor how they are shaping up brexit. first to our top story. a crypto exchange in south korea puts fuel on the fire. here has been a $42 billion in crypto currency with it down 50%. the south korean exchange says some of its currency appears to have been stolen. the exchange did say 2/3 of the assets have been stolen or collected. this isn't the first time we have seen this attack. the japanese exchange was hit in january. when will these security risks let up? jordan covers all things cybersecurity. we have our bloomberg executive editor. i want to start with you, what happened in this hack as we know it? >> as far as we know, hackers compromised the web site for a small south korean crypto currency exchange called coin rail. this isn't the name ol most people's tongues. and barely ranks on the top 100, but it has ressonance and

term investments in innovation or their workforce that our economy so badly needs because we at the f.c.c. have not reviewed our rules governing stock buybacks in over a decade i worry whether these rules can protect investors workers and communities from the torrent of corporate trading dominating today's market what's the hold up having reviewed the rules of the decade what do you do if there's five bucks. a claim here's five dollars can you please a rig market for me greedy little punk they're concerned trolling they're saying hey share executives were a little bit concerned that we might have to regulate you if you don't make it if you stop making it so obvious you know we need more. we're going to regulate you wall street money i'm too stupid to get a job at goldman sachs you had to be a regulator you could be the perfect one of the regulator so is jay and all the other regulators so then he goes on to say executives often claim that a buy back is the right long term strategy for the company and they're not always wrong but if that's the case they should want to hold the stock over t

all the f.c.c. is doing here is. a look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or captured the regulators or venal the regulators get payoffs ok they get money from these guys and then they go or they in the form of they leave the government they get a job in the private sector and they get the big payoff it's it's it's highly. corrupt it is the one we've been saying for years and they're taking it all private and what's left is new feudalism tar sands so they and now it's a share buyback to happen and the study found of these like three hundred eighty five companies that they looked at that had announced share buybacks they found abnormal returns those thirty days afterward that's when they keep the executive start selling their shares so in fact twice as many companies have insider selling in the days after a buyba

s and whether or not the f.c.c. is going to go after them but the f.c.c. chairman jay clayton said something very interesting and he agreed with exactly what max keiser has said about what is wrong with the u.s. public markets it goes on to say clayton also expressed concern about the health of the public u.s. stock market as hot startups like technologies keep their shares off public markets he noted that the general public is able to invest in an increasingly large segment of companies those awash in venture capital. cash and other private funding instead only the wealthy get to invest and. this is part of the wealth and growing wealth and income gap you mentioned that share buybacks and then the likes of that only the very wealthy are getting to invest in these as more and more is taken private market capitalism. for the public to participate in equity and enjoy the fruits of the collective labor of the wealth of a nation and if those equities are being taken private or they never reach the market through private money then the average person is no long

s and whether or not the f.c.c. is going to go after them but the f.c.c. chairman said something very interesting and he agreed with exactly what max keiser has said about what is wrong with the u.s. public markets it goes on to say clayton also expressed concern about the health of the public u.s. stock market as hot startups like technologies keep their shares off public markets he noted that the general public is able to invest in an increasingly large segment of companies those awash in venture capital. other private funding instead only the wealthy get to invest and. this is part of the wealth and growing wealth and income gap you mentioned that share buybacks and then the likes of that only the very wealthy are getting to invest in these as more and more is taken private market capitalism. for the public to participate in equity and enjoy the fruits of the collective labor of the wealth of a nation and if they are being taken private or they never reach the market through private money then the average person is no longer participating in the equity

s and whether or not the f.c.c. is going to go after them but the f.c.c. chairman said something very interesting and he agreed with exactly what max keiser has said about what is wrong with the u.s. public markets it goes on to say clayton also expressed concern about the health of the public u.s. stock market.

s and whether or not the f.c.c. is going to go after them but the f.c.c. chairman said something very interesting that he agreed with exactly what max keiser has said about what is wrong with the u.s. public markets it goes on to say clayton also expressed concern about the health of the public u.s. stock market as hot startups like technologies keep their shares off public markets he noted that the general public is unable to invest in an increasingly large segment of companies those awash in venture capital cash and other private funding instead only the wealthy get to invest and. this is part of the wealth and growing wealth and income gap you mentioned that share buybacks and then the likes of that only the very wealthy are getting to invest in these as more and more is taken private market capitalism. for the public to participate in equity and enjoy the fruits of the collective labor of the wealth of a nation and if those equities are being taken private or they never reach the market through private money then the average person is no longer partici

clayton who is the chairman of the securities and exchange commission the f.c.c. is in bend in place for more than a year now but he's new as a result of the trump administration bartlett naylor from public citizen spends a lot of time at the f.c.c. and other financial regulatory agencies is here for us to ask him how things are going martin what do you think j clayton how's he doing so far relative to the other financial regulators well that's a very low bar so relative to the other financial regulators he's well well above that bar that said i think his legacy will be term and by a rule that he is currently fashioning that addresses how brokers dispense advice to their clients currently they can dispense advice that's suitable that's a technical term but it may be more expensive to the investor because it generates a larger commission to the broker dealer and that's a problem that he acknowledges and he would like to repair the proposal that he's proffered however we think falls short of achieving that goal on enforcements i think he's fallen short the numbers s

stock market manipulation by insiders in abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulator to pay off. us. was. a little. let's. the final world cup match on thursday sees croatia put in a stunning performance to beat argentina leaving the south americans on the brink of a shock exit from the tournament. and football followers from all over the world make a central. part of the world cup with festivities. plus in other news a potential meeting between. we discussed during the us not.

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why they could look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulators get payoffs. to. zero says harlan kentucky. we move them places you go to street fanny's remove. a co money since it was almost no coal mines left. the jobs are gone all the coal mines of said that's that it was a laugh to see these people a survivor was disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in the million years i would see that and it's happening it's happened. with the three hundred world russia managers architects visionary stuff the margins to international congress on the development of medicine this july seventee

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulator to pay off. to. exist says harlan kentucky. the voice if you want to use three families. a co money since he was almost no cool minds left. his job for ground zero the goal was to show that there was a laugh to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the phone lines here that it would become a ghost town but i never thought in a million years i would see that and it's how it's happened. was up to that. yet. i'm. yes the last i might even buy it is something like the last one i may have come to the back a spouse would hold. fire. yes . yes. yes. i think. they're. g

stock market manipulation by insiders in abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or veil the regulator to pay off. in the heart of the swiss alps this is a place probably more secretive than the pentagon more mysterious than the cia and better guarded than for knox swiss customs are here permanently all the science is controlled by as a monday impose the opening time so if. it was adopted from these all plus the procedures in place of the strictest in all europe must to pieces by artists like pecans oh and modigliani i can't boards and soon inside this warehouse that's where the report comes in it covers up deals which are naturally discreet commercially discreet but also discreet because they concern fraud. some of those paintings are linked to dark secrets nobo

bet it by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulators the payoff. so what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race off and spearing. if i were only going to exist i don't see how that strategy will be successful very critical time to sit down and talk. i get up to new from moscow so president trump has signed an executive order halting the controversial policy of migrant families separation it's after the administration's zero tolerance approach towards illegal migration met without massive. some officials involved in the program of even being targeted by activists know themselves. trump administration officials have been sending babies and other young c

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why they can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuit toppin they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulator to pay off. as he should be. worth a few more so if you begin with because. this mean what i mean i won't be. going to the foreseeable. future. when i was a. dumb move move move move. move them. only in the spirit. used images of pieces from. a watchman's of blood coming from the. winter with a mint oh is that and there have been removed can you. hear michelle i him in a trance most of. what politicians do something to. put themselves on the lawn to get accepted or rejected. so when you want to be president and. want to be. considered like to be prosperous what will befall us three in the morning can people get. interested always in the waters of our. first sip

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why any you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or captured the regulators or venal the regulators to pay off. the iranian ayatollahs have become much more aggressive after the nuclear deal you know twenty fifteen the only way to stop it is with russia and the united states work together what i think you share in common is much more than what separates us and i believe that the united states has realized the russia has been g two made interests in the middle east and before you know during the cold war and in it even after the cold war it was like a zero sum game. welcome to the alex salmond show i sailed from all sides these are not encouraging times for the british banks to tears the irish question remains on his all the lord sort of voting the tory

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulator to pay off. what we've got to do is identify the threats that we have it's crazy confrontation let it be an arms race move his arms off and spearing dramatic development only mostly i'm going to exist i don't see how that strategy will be successful very critical time to sit down and talk. see this is harder than kentucky. move them poised to go green street fanny's leave. a co money since it was almost no coal mines left. the jobs are gone all the coal mines of said. that it was love to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here in that it would

so while we know that the draco malfoy of the f.c.c. will more than likely be spending this weekend dancing on the grave of internet freedom while sipping warm champagne the rest of us are now left wondering what comes next joining us today to help us see into the future is our t. correspondent natasha welcome natasha. thanks so much to have a day you know it's a great question because as you can imagine both sides are pretty heated about this i mean you even have opposing views within the f.c.c. itself with both the commissioner and chairman fighting for different sides and the net neutrality rollback went into effect today you have nancy pelosi and senators like band feinstein speaking out against it and feinstein she voted to she voted against the repeal rather last month and now she's urging her colleagues to do the very same but what's interesting is that three different governors in different states they took a proactive measures they are were also against the repeal they'd use executive powers to ensure that measures were still b

the f.c.c., the f.b.i., and the pentagon have all issued stern warnings about the national risk posed by z.t.e.'s technology. allowing the sale of z.t.e. technology in the united states could allow china to spy on every american's private information, on american businesses, and even on our military. it's a security risk, and why is president trump, in a simple call with president xi, just legislate -- letting it continue? fines don't matter at all to this giant company. they will still pose the same security risk before and after they pay a fine. so when the trump administration reached a sweetheart deal with z.t.e. to go easy on them, folks here in congress from both parties were shaking their heads in disbelief. china's the singlemost significant threat to american jobs and american intellectual property, the lifeblood of our economy. z.t.e. represents that threat. there is no good reason to take it easy on them. so i'm heartened that members of both parties, some of the most conservative members of this body and some of the most liberal members of this body and everyone in between

stock market manipulation by insiders and abetted by regulators like the f.c.c. all the f.c.c. is doing here is see why you can look up on urban dictionary what that means all they're trying to do is cover their tracks so that when the lawsuits happen they can say oh we were aware of it we warned against it we're on top of it but they are aiding and abetting the regulators or capture the regulators or venal the regulator to pay off. exists is holland kentucky the. whole goal of this move the voices of people going street fanny's. money since it was new coal mines left. the jobs are gone all the coal was just said i'd. love to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happening it's happened. to me. this is our chief international and our special coverage of the biggest football event of the year the fifa world cup final match on thursday. put in a stunning performan

so while we know that the draco malfoy of the f.c.c. will more than likely be spending this weekend dancing on the grave of internet freedom while sipping warm champagne the rest of us are now left wondering what comes next joining us today to help us see into the future is r t correspondent natasha welcome natasha. thanks so much to have a day you know it's a great question because as you can imagine both sides are pretty heated about this i mean you even have opposing views within the f.c.c. itself with both the commissioner and chairman fighting for different sides and the net new.

that's outside of a private placement come see us at the f.c.c. so he's not there's not even a cigarette paper between ip and i see the industry expectations if you talk to the group of people or that we're reinventing ip as the rules don't apply to us. right now i will say however it's a little bit disingenuous in a lot of them try to go to the us you see a while ago and the f.c.c. kind of wanted nothing to do with it so they are late and i unfortunately they are a big arm of the u.s. government and even though they are late they can still get you they're still going to say it was your fault bernie madoff was an open investigation for more than ten years i think. went before the regulators three times with the truth and you know they just they're they that's all they do all day is because of now you were on stage your money conflicts stacey herbert talking about krypto and securities and investing and the police came about rigged the investment and i think the debate if i can characterize it correctly was that well you know reg d. precludes anyon

the whole world is focusing on the us all this new because the f.c.c. is the most vocal regulate around the world they're putting fit for purpose regulations and. i know that some restrictions from being you know the leading financial market in the world where someone else has been the opportunity to leak probe you know we saw with you know amp a is a program the banking system going straight to mobile money well other jurisdictions the leapfrogging securities and exchange and going straight to where we want to be and that's what the future has been working on and we've been off in the question you know is focusing on the us the right strategy is that the right approach well it depends where they go from here and what happens next but if not the whole business texans willing to field fit for purpose and the this in the way the market is once once it's done well let me ask you about. a you know africa you know you mention ampacity in africa and of course we know bit paisa we've been involved in helping to finance that company and recently the bank the fu

so while we know that the draco malfoy of the f.c.c. will more than likely be spending this weekend dancing on the grave of internet freedom while sipping warm champagne the rest of us. now left wondering what comes next joining us today to help us see into the future is r t correspondent that welcome natasha. thanks so much to have a you know it's a great question because as you can imagine both sides are pretty heated about this i mean you even have opposing views within the f.c.c. itself with both the commissioner and chairman fighting for different sides and the net neutrality rollback went into effect today you have nancy pelosi and senators like dan feinstein speaking out against it and feinstein she voted to she voted against the repeal rather last month and now she's urging her colleagues to do the very same but what's interesting is that three different governors in different states they took a proactive measures they are were also against the repeal they'd use executive powers to ensure that measures were still being enacted f

on another matter, the republican-led f.c.c.'s repeal of net neutrality goes into effect today. the rules enacted by the obama administration to bar large internet service provides from charging customers more for certain content are gone. the rules to bar large internet providers from slowing down certain websites are gone. the rules ensuring an open, free internet with a level playing field for small businesses, public schools, rural americans, people without a lot of money, communities of color are gone. democrats tried to forestall this day by writing and then passing a c.r.a. act through the senate, bipartisan. some republicans helped us. couldn't have passed it without them. and then as a unified senate caucus, democrats sent a letter last week urging speaker ryan to schedule a vote, which i believe would have been passed had it been put on the floor of the house of representatives. but ryan refused to bring up the companion legislation to restore net neutrality. once again, as our republican friends in the senate and house and the adminisatn have done over and over again,

that's outside of a private placement come see us at the f.c.c. so he's not there's not even a cigarette paper between ip and i see the industry expectations if you talk to the group of people or that we're reinventing ip as the rules don't apply to us. right now i will say however it's a little bit disingenuous in a lot of them try to go to the us you see a while ago and the f.c.c. kind of wanted nothing to do with it so they are late and i unfortunately they are a big arm of the u.s. government and even though they are late they can still get you they're still going to say it was your fault bernie madoff was an open investigation for more than ten years i think. went before the regulators three times with proof and you know they just didn't they that's all they do all day is look at them now you were on stage your money conflicts stacey herbert talking about krypto and securities and investing and the point came about reg d.m.'s me and i think the debate if i can characterize it correctly was that well you know reg d. precludes anyone from havin

ranking military official was confiscated by nigeria's economic and financial crimes commission that the f.c.c. authorities have also mark many homes throughout the capital. they do so when there are suspicions about the origins of the money used to buy them. as soon as he took office nigerian president obama duble hari said he would return stolen money into the country's kastrup coffers even money taken out of the country illegally. unfortunately our experience has been that over the. proceeds it very tedious. will close the loop closely and in tears lower than just the. literal. words this should not to be the case. nigeria is currently negotiating with washington for the return of a half billion dollars worth of stolen state assets seized in the us. after long discussions switzerland agreed to transfer three hundred twenty two million dollars back to nigeria and april. civil society groups praise the two governments for agreeing to use the funds to fight poverty. that hasn't always been the case. that government could improve on this i formation i can put we can put in public domain by the