Friday, January 28, 2022

No. 452: The Texas State Securities Board Announces the Top Investor Threats for 2022

On January 10, 2022, the Texas State Securities Board (TSSB) announced the top investor threats and urged caution before purchasing popular and volatile unregistered investments, especially those involving cryptocurrency and digital assets. TSSB also announced guidance for investors, including steps to take to protect from fraud in the new year. The top 2022 threats were determined by a survey of securities regulators conducted by the North American Securities Administrators Association (NASAA).

TSSB is a frequent source of valuable information for persons interested in securities regulation. I recommend that such persons sign up to receive TSSB news releases and updates regularly.

===================================

Friday, January 7, 2022

No. 451: A Date That Shall Live in Infamy

On December 7, 2021, I gave considerable thought to the 80th anniversary of the Japanese attack on Pearl Harbor. When President Franklin Delano Roosevelt addressed the nation from the Capitol the next morning, he called the date of the attack "a date that shall live in infamy."

My family learned of the attack on the radio at the north end of the living room in our home in Syracuse, New York. In our driveway was our 1936 Oldsmobile sedan, which provided us with very little transportation during the war because of gasoline rationing.

An important 1960 book about World War II is entitled The Rise and Fall of the Third Reich, by William L. Shirer. The book describes in detail what happened in Adolf Hitler's bunker below the Chancellery in Berlin. It was in that bunker where Hitler spent his final days, where he prepared his last will and testament, and where he shot himself to death on April 30, 1945.

I traveled to Hawaii many years after the war. I was deeply moved when I visited the U.S.S. Missouri memorial.

===================================