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Get Buyer Protection Services with Your E-Wallet Account

January 14, 2013 by · Leave a Comment 

If you enjoy shopping on the web, chances are at one time in your experience you’ve purchased a product or service you were not happy with, or you might have ordered a product that didn’t’ come in the mail. Whether the product was different than what you had in mind or the business made a mistake, it can be frustrating to deal with returning an item you purchased online.

Unfortunately, many regular online shoppers have also been the victim of fraud.  In the real world, getting your money back for a product or service purchased on the web that you were not satisfied with can be a long, arduous process. But it doesn’t have to be, especially if you have buyer protection services through Solid Trust Pay.

When you open a personal E-wallet account with Solid Trust Pay, you automatically get numerous benefits along with your account, one of which is the company’s buyer protection service. This practical and extremely valuable service is designed to offer support for online fraud, or when a merchant fails to send you the product and/or service you ordered.

How does it work? If you are scammed or victimized while shopping on the web, will serve as the middle man between you and the merchant to come to an agreement regarding the issue. Through this service, it’s easy to reach an agreement or get your money back. The best part is you don’t have to pay a dime for this service. It’s free for anyone who opens an account with SolidTrustPay.

The SEC to continue tough financial reform under a new leadership

January 14, 2013 by · Leave a Comment 

Mary Schapiro, appointed by President Barack Obama in 2009, who ran the Securities and Exchange Commission (commonly called SEC) under the first Obama Administration, left the agency on December 14, 2012.  President Franklin D. Roosevelt created the SEC in 1934 under the Securities Exchange Act as an independent quasi-judicial regulatory agency during the thick of the Great Depression that followed the crash of 1929.  Today the SEC is under attack by financial lobby, heavy scrutiny by the judicial system and its actions are resisted by the Republicans in the Congress.

Its five divisions aptly identify its role:  corporate finance; trading and markets; investment management; enforcement; and risk, strategy, and financial innovation.  In the recent past it is heavily involved with high-frequency trading due to May 2010 flash crash that temporarily erased $862 billion stock value, multi-billion dollar Ponzi schemes, fallout from the recent financial crisis, and the task of creating nearly 100 regulations to implement Dodd-Frank Financial Regulations Act.  To its credits, the agency collected more than $615 million form two cases related to the subprime mortgage mess.  Everyone hopes that it will deal with money market funds under the new leadership.