By definition, an HMD’s primary business is the manufacture and sale of the device.However, many HMDs also have a niche or complementary business where they offer a different kind of product, such as a VR headset or a healthcare service, and their platform is the key ingredient for the product’s success.The HMD platform has to…
Tag: non qualified intermediary
How the Boston Celtics and New Orleans Pelicans will deal with the Pelicans?
A few months ago, the Boston Globe reported that the Celtics and Pelicans would be dealing with a slew of mediators in the wake of a slew in-game violations.The Celtics are expected to have to negotiate with a handful of players, most of which would be eligible to join the Pelicans as free agents.There will…
Which Trade Agencies are Authorized to Participate in the SEC’s Anti-Money Laundering Program?
AUSTIN, Texas—The SEC on Wednesday approved a rule that would expand its authority to monitor the business activities of money transmitters, money service businesses, money laundering facilitators and credit card issuers.The rule, part of a series of measures to prevent money laundering, would apply to financial institutions as well as non-financial entities.The proposed rule, which…