Most successful entrepreneurs say hard work and talent are necessary to make money legally. However, some individuals and companies operate where the line between legal and illegal business is blurred, all in hopes of getting rich quick. Some hedge funds and investors make trades based on information they have obtained through the Freedom of Information Act, according to a study by researchers from the University of Maryland and the University of Melbourne.
The information is not otherwise available to the public unless it is specifically requested for a fee. Max Galka is a derivatives trader with 10 years of experience. He has developed a website focused on the Freedom of Information Act called FOIA Mapper.
Make Money Online - 7 Unethical Ways That Are Evil
For example, Galka said hedge funds that invest in pharmaceutical companies may request information from the Food and Drug Administration about early drug trials before it is publicly disseminated. That gives the hedge funds inside knowledge of whether or not the drug is likely to be approved.
The study cited above said that fees involved in making a Freedom of Information Act request through the Federal Communications Commission range from a few dollars to several thousand. There are companies that offer ways to make money that are legal but nonetheless troubling. For example, some multilevel marketing companies MLMs — such as Avon, Mary Kay and Pampered Chef — are reputable and legal.
However, that does not mean they are great opportunities. Taylor offers consulting services for attorneys, financial advisers, regulators, and others who confront problems dealing with multi-level marketing companies. He also maintains the website MLM-thetruth.
Although dog racing is legal in some states, animal cruelty is not. Many dogs that race endure shocking injuries and unacceptable living conditions, and are denied proper nutrition and veterinary care, according to the American Society for the Prevention of Cruelty to Animals.
ASPCA says the sport is legal in Alabama, Arizona, Arkansas, Florida, Iowa, Texas and West Virginia, although its popularity is waning as people learn of the realities involved. The ASPCA reports that gambling on dog racing is down by as much as 66 percent in the past decade.
There are 20 dog tracks still in operation in the U.
BlueChipPennyStocks - The number one trusted financial newsletter site
He added that flash traders capitalize on the millisecond delays in securities orders to insert themselves between the buyer and seller, thereby raising the price for the buyer and diminishing the return to the seller. Some members of Congress have an incentive to acquiesce to lobbyists out of self-interest, perhaps to increase the likelihood of lucrative consultancy deals once they leave office.
Current laws state that House members must wait a year before working as a lobbyist, and senators must wait two years. In April , The Hill reported that Republican Rep. Rod Blum of Iowa introduced legislation to prevent retired members of Congress from ever becoming lobbyists.
Honestly and slowly by working hard and investing smart. News Local Sports Business Opinion Crime Entertainment Life. News Section Education Politics and Government Clark County Las Vegas Nevada Nation and World Science and Technology Special Features Death in Las Vegas Neon Rebirth Delivering a New Downtown News Columns Jane Ann Morrison Road Warrior Paul Harasim On Education Debra Saunders Vegas Vice Victor Joecks Bundy-BLM Military Pot News.
Local Section Las Vegas Downtown Nevada Henderson Restaurant Local Columns Bob Morris Terri Schlichenmeyer Deborah Wall Herb Jaffe John Asay East Valley The Strip Summerlin North Las Vegas Southwest.
Opinion Section Editorials Letters Opinion Columns Charles Krauthammer Steve Sebelius Wayne Allyn Root. Crime Section Courts Homicides Robberies Sex Crimes Shootings Stabbings.
Life Section Comics Fashion Games Health Home and Garden Recreation Religion Travel. Autos Section Auto News Dealer News REV THIS WEEK Classifieds Place a Classified Ad. Homes Section Advertising Features New Homes Real Estate Millions Resale News Commercial Property Classifieds Place a Classified Ad. Jobs Section Login on Monster Post A Job on Monster Job Fairs Jobs at the RJ.
Classifieds Section Legal Information Coupons Contests Service Directory Nifty Nickel FAQ Place a Classified Ad. Uber founder Kalanick resigns amid investor revolt, scandals. Hot or not, the workday must go on.
Officials formally kick off conference center expansion at MGM Walmart employees graduate Las Vegas Training Academy. Taco shop clerk stabbed during argument expected to survive. Debra March sworn in as mayor of Henderson. Careless smoking cause of Henderson fire that left 31 displaced. Clark County Commission wants limit to July 4 fireworks use. Final OK gives Nevada state parks a 12,acre boost. New music conference on Strip to feature up-and-coming artists. Dustin Johnson opens as favorite to win British Open.
Uber reverses course, will allow tipping for drivers via app. Paris attacker swore allegiance to Islamic State. A look at Day 21 of the World Series of Poker. Child in hospital after northwest Las Vegas pool incident. McCarran greets travelers with DJs, EDM as a prelude to EDC. KFC to send Zinger chicken sandwich to edge of space. Home Front Page Footer Listing. Check out what's for sale or rent in the Las Vegas valley HOMES. Your best source of local jobs and career training JOBS.