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Get to know investor protection leader Christine Kieffer

Investors need to know that there is a visible and vocal advocate for investor protection and financial education looking out for them. That person is Christine Kieffer, the new president of the FINRA Investor Education Foundation (FINRA Foundation). FINRA (the Financial Industry Regulatory Authority) oversees member broker-dealers ... (full story)


The Ford Foundation, one of the world's largest grantmakers, will throw more weight behind democracy

NEW YORK (AP) — The Ford Foundation, one of the world's largest private grantmakers, will overhaul its spending to counter what new leadership views as the mutually reinforcing rise of both autocracy and inequality.
The New York-based philanthropy committed Oct. 21 to driving more funds toward the basic building blocks of ... (full story)


Local public media merger continues to move ahead

After announcing plans to merge in September, PBS Western Reserve and Ideastream Public Media are moving ahead with the regulatory steps necessary to complete the deal, which leaders say will not only preserve existing content but provide the ability to expand on programming.
The agreement was announced on Sept. 17, afte ... (full story)


Local


Lawyers’ fund helps clients recover losses caused by dishonest attorneys

Clients trust their attorneys to safeguard their money, property, and legal interests. And the vast majority of attorneys carry out those duties with integrity and professionalism. However, in the rare instance that an Ohio attorney acts dishonestly and causes a financial loss, help is available.
Clients who have had their money ... (full story)


83 attorneys sanctioned for CLE noncompliance

The Supreme Court of Ohio Commission on Continuing Legal Education has sanctioned 83 attorneys for failing to comply with continuing legal education (CLE) requirements.
Attorneys need to stay informed of changes in laws, legal technology, and developments in their practice area to provide the best service to clients.
Of the ... (full story)


State


Quest Diagnostics reports cyber breach affecting 'certain patient records'

CHICAGO (AP) — Medical laboratory operator Quest Diagnostics said it learned of a cyber breach of one of its systems this week, likely compromising some records for patients.
In an Oct. 22 regulatory filing, Quest Diagnostics reported “unauthorized access” to its Quanum Lab Services Manager, a platform where ce ... (full story)


Experts cast doubt on Venezuela’s longtime claim of 300 billion barrels of reserve oil

A single figure sets Venezuela apart from the rest of the world: 303 billion barrels of so-called proven oil reserves. But experts say the country's estimate is inherently problematic and far from proven — rooted in exaggerated, aging data from a corrupt government.
The number has long been touted by politicians and invest ... (full story)


Facing pushback on data centers, tech giants are promising hosts more money and fewer secrets

With host communities across the U.S. turning against their gargantuan data centers, America's technology giants are promising to take fewer taxpayer handouts, keep fewer secrets or shower more money onto the communities willing to allow the server warehouses.
The new raft of promises from the world's richest companies comes as ... (full story)