A Short Preview:

“You’ll own nothing.”
~ World Economic Forum prediction

By Catherine Austin Fitts

Upon surviving a mass atrocity, you come to understand the criminal nature of the financial syndicates roaming the planet. Human rights are everywhere threatened. So are property rights.

Private property is important. It is family wealth that creates community wealth and stands between us and the abyss in emergencies or challenging times. Remove our assets and our access to wealth-building, and we lose our independence and the reserves that make the difference. We lose the entrepreneurial seed corn that creates an enlightened and productive society. If we own nothing in a world with central transaction control, we are no more than slaves.

For several decades, we have watched growing bubbles in the fixed-income markets. It became more than clear during the financial crisis of 2008–2012 that our collateral system was marked by high levels of fraud. Ultimately, the bailouts—supposedly necessitated by a collapse in the mortgage and housing markets—were more than 300% of the amount needed to retire all the single-family mortgages in the United States. In the process, we have experienced events that create serious questions about the ability of banking creditors and investors to compromise investor and depositor assets and the willingness of regulators and courts to allow them to do so. Such events include:

  • The collapse of the Madoff fraud controlled by JPMorgan Chase
  • The resolutions of Lehman, Bear Stearns, and MF Global
  • The HSBC settlement with the U.S. Department of Justice
  • The U.S. Treasury and New York Fed role in the collapse of Silicon Valley Bank
  • The acquisition of Credit Suisse by UBS

The result has been increased concerns about the dangers of bail-ins of our bank deposits in an engineered consolidation of the banking system. This is compounded by increased concerns regarding the potential destruction or confiscation of our real estate through regulation and taxation inspired by “climate change.” It also includes questions regarding the ownership and custody of securities described in a new book titled The Great Taking by retired hedge fund manager David Webb.

Originally from Cleveland, Ohio, David has studied the financial and human harm caused to several generations of his family by engineered pumps and dumps of the U.S. economy. Committed to protecting himself and his family, David had a successful career in the hedge fund business. Concerned by the corruption in the U.S. financial system (made clear during the financial crisis), David moved to Sweden, convinced that his assets would be safer in the Swedish securities, banking, and custodian systems. Then, as the Swedish and European systems aligned with U.S. practices, he continued to research the byzantine developments taking place in the legal and financial nuts and bolts being engineered in the backrooms of the global financial systems.

Persuaded that Mr. Global has now created a global mechanism to assert creditor rights over all securities, David lays out his case in The Great Taking. David bases his analysis on statements made by regulators as to what they can do. Carolyn and I still cannot document the legal pathway behind these statements. I believe that much of what David describes were mechanisms created to keep the collateral bubble going. David points to changes in the Uniform Commercial Code that we do not understand—more research here would be invaluable.

We do not agree with David’s analysis of money velocity. Centralization and criminality remove trust from the system, bringing on a drop in money velocity. Growth without inflation is more than possible, but it will require a change in the governance and central banking systems. Where we do agree is that the central bankers intend to strip us of our assets and property rights. If the central bankers achieve financial transaction control, they will indeed be able to engineer a “great taking.” The pandemic destruction of small businesses and family income was simply a small taste of what will then be possible.

This coming week, David joins Carolyn Betts and me to describe his journey from money manager to author, help us understand the documents and evidence supporting his conclusions (yes, this gets into lots of technical issues regarding securities) and the general assault on our property rights, and share his thoughts on what we do about it all. We are deeply grateful for David’s research and his willingness to share it broadly. His work proves once again that the deterioration in the integrity of our legal and financial systems creates unacceptable risks – including for the very wealthy.

I will review a list of “takings” covering all asset classes with Dr. Farrell in the Annual Wrap Up – News, Trends & Stories Part I in January, so stay tuned for that as well.

Get the Book

Related Solari Reports and Videos:

All the Plenary’s Men

JP Madoff with Helen Chaitman

Stopping the Steal with John Titus

Book Review: Bailout by Neil Barofsky


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55 Comments

  1. Weird. This isn’t the original interview also with Carolyn Betts. Why was this replaced?

  2. A big thank you! This answers interview many of my questions about Webb’s documentary and book. You, Catherine, and the Solari Report, are truly amazing. I just heard the interview with Dr. Mercola and discovered the books, “The New Science of Heaven,” by Robert Temple and “The Economy of the Energy Body,” by Ulrick Granögger. I’m really looking forward to hearing the interview you did with the later about this! Such powerful, useful and informative information and insights! Very grateful. Here’s the link to the Dr. Mercola interview in case anyone missed it.
    https://www.bitchute.com/video/HYLSZeU3Hon7/

    1. Thanks, Debra. Helps to have a general counsel with 30+ years of experience in legislation, regulation, deep state dirty tricks, business, fixed income and equity securities, geopolitics Lots of integration required.

  3. If, as Catherine says in Jan 4 Money and Markets, David Webb hasn’t made his case legally – will the video presentation or book be updated to reflect this – for people who have recommended this to others?

  4. Interesting that according to this article Berkshire Hathaway still offers Paper Securities: “When did they stop issuing paper stock certificates?” September 21, 2022 ARTICLE: https://scienceoxygen.com/when-did-they-stop-issuing-paper-stock-certificates/#:~:text=What%20companies%20still%20offer%20paper%20stock%20certificates%3F%201,%28Switzerland%29%205%20Coca-Cola%20Hellenic%20Bottling%20Company%20%28Greece%2C%20UK%2Additional Article: “Paper Securities Still Exist, And DTCC Is After Them”
    by: Tom Groenfeldt, Forbes Oct 15, 2020,10:53am EDThttps://www.forbes.com/sites/tomgroenfeldt/2020/10/15/paper-securities-still-exist-and-dtcc-is-after-them/?sh=7df9605b35e9 Here is the white paper: “From Physical to Digital: Advancing Dematerialization of U.S.”INTRO: Securities https://www.dtcc.com/dtcc-connection/articles/2020/september/21/from-physical-to-digital-advancing-dematerialization-of-us-securities PAPER: https://www.dtcc.com/dtcc-connection/articles/2020/september/21/from-physical-to-digital-advancing-dematerialization-of-us-securities

  5. I don’t know how much confidence I have in how our legal and political systems regard the law. There are some bright spots like the judge’s decision to disallow the federal government from colluding with social media to censor. On the other hand, a judge decided that it was okay if Pfizer committed fraud in its’ clinical trial (my understanding) as rules put in place (outside most people’s notice) did not require a clinical trial. Also, the legal system seems weaponized and all too often the judge is not a remedy. So, does legality vs. illegality have as much meaning in our political/judicial systems as we always thought ? A long time ago, someone said rhetorically ‘What is truth ?’

    1. Perfect example was UBS acquisition of Credit Suisse – IMO out of control lawlessness.

  6. I was an mf global victim. Client accounts were frozen for a while, several days? Can’t remember. Then they were liquidated and Chase took all the money. It took four years to get it back, with the lawyers and receiver (I think that’s who had control) billing all the way. In the few days they froze my account but didn’t liquidate, I lost 16%. When I finally got the balance of our money, I split it between two brokers and sadly one of them was embezzling client funds. In the end, I lost about 40% of our money.

    In both cases, the exchanges should have liquidated all accounts as fast as possible and returned the money to the clients making them whole. That’s how it worked before mf global. Now, forget it. I took most of our money out of the futures accounts and bought rentals. I still have a small account. I look at it as an intellectual activity to keep my mind young. Ja, ja, ja.

    1. Cathy:
      Thanks very much for the report. This was a perfect example of a creditor asserting control of client assets and the costs of untimely pay on insured or “protected” deposits. This is why you never want to depend on SIPC or FDIC – why you care about the underlying credit of the institutions you are doing business. with. The fact that subscribers kept banking with JP Morgan Chase after MF Global and Madoff was part of what inspired us to do this one – https://home.solari.com/blast-from-the-past-week-of-june-20-2022-jpmorgan-chase-selected-legal-regulatory-and-enforcement-settlements-2002-to-2019/

      Why would anyone bank with a serial felon? I have never understood.

      1. It’s amazing when we are reminded that the value or devaluation of assets-money is out of our control. I recall often what got me interested in things global and financial …and that was when I was a teenager in Europe when Nixon devalued the dollar and subsequently yanked the Gold Standard. For 3 days, (remember, this was prior to the formation of the EU by almost 2 decades), the banks closed and no matter how many American greenbacks you waved in front of a vendor to buy food, petrol or secure lodging the door got slammed in your face. I had the chance to chat w a Brit sitting outside of a closed bank, who explained the British had just dropped the value of the pound sterling and that he and his wife were getting the same treatment. You better believe I signed up for some econ classes in college the following year when I was back in the US and starting my college journey. My jaw was on the floor that European summer in ’72 when I understood in an instant how fast monetary value could shift.

  7. The authority for any congressional law comes from the US Constitution. Likewise authority for any state law comes from the state constitution.

    Last year, agencies and special interests in my state worked together to write laws circumventing constitutions and common law. They were afraid they would have to give back PREP money and were fixing things for “the next time.” I learned this late in the session when I called an agency about an unconstitutional bill that involved them.

    Basically, the bills assumed powers the federal government doesn’t have. For example when the federal government “legally declares” a public health emergency (something they can’t do) certain state powers are triggered.

    There was a data privacy bill which appeared to protect privacy but enacted federal statutes in the bill. And those sneaky laws shred privacy.

    Another bill gave sovereign immunity to state contractors to “be more like the federal government.”

    The federal government has very limited authority. State authority is much broader. Their apparent strategy is to empower federal agencies and legitimize federal laws by reference in state law thus conferring state power. This is unconstitutional as it enlarges federal authority without amending the Constitution.

    Unfortunately, state legislators and the people believe federal law is the supreme law of the land. Many lawyers are conditioned to look at statutes, instead of constitutions and common law. Our understanding of the rule of law is being eroded. David Webb’s statement that they’re just acting as though this is the law is evident in my state. They’ll do it until someone stops them.

    There’s some good news. Every year over 1,000 bills are filed one month before session. Most bills are junk and it’s hard to read them all. A small group of citizens, with a retired attorney helping them, saw some of the bad bills and successfully blocked them by alerting a small group of honest legislators. They’re better organized this year.

    I believe each of us has more power than we know.

      1. I agree. Money is at the root of it. The lobbyists have conditioned legislators to believe they can’t do anything that interferes with the money. When constituents testified about the abusive treatment of relatives in hospitals and nursing homes during covid the lobbyists pleaded, oh don’t put us in the middle, that’s CMS, they’ll cut our money if we don’t do as told and we’re barely making it. The legislators dutifully made notes not to touch that issue. Total BS! The government can’t pay someone to violate our rights but they are. I heard this same money argument recently in testimony before Congress.

        I believe this will come down to the people remembering their rights – the sooner the better.

      2. Agree that the States are addicted to federal money. My state’s governor kept “covid emergency” going for months just for the federal money, as well as continuing to house major federal bases and agencies. Addicted to “free” money.

        1. Hi Hilda, good comments. Years ago, I remember my grandparents saying NO to free handouts. “I pay my own way,” they would say. Where is that mindset in today’s society?

  8. The Greatest Take Away of all is our ‘life’ through a Birth Certificate which we think is for us. Is that not ‘bondage’ for a wo/man to be held to a piece of paper? (curiously though, are these certificates traded on exchanges and cleared through DTCC? I’m sure David Webb knows …)

    The simple fix, and to bypass all UCC crap, is to recognize our creation began with fertilization [not the same as conception], which is 9 months before a DOB on birth certificates. Try NOT putting a birthday on a government form or retirement account and you’ll see what I mean.

    Simply stated, the birth certificate represents a piece of biology, the afterbirth, cut-off during mom’s delivery** of baby. It’s your godly origin that got you here – your Ark of Covenant. It’s then put into a trust and overseen by Catholic Church (fallen angel or ‘human creature’ referred to in Unam Sanctam of 1302) & State (as a ligan to be salvaged). All statutes are for it (Ens Legis or ‘creature of law’) and not the baby/man because again, that would be involuntary slavery or anti-13th amendment, right?

    This is not Anna Von Reitz stuff… this deprogramming information is too vital to leave it to the likes of Anna and her massive paperwork solutions. It’s much simpler to apply if we first learn the biological basics (which is encoded in the Bible). So if one wants to learn more, head over to Kurtis R. Kallenbach at https://www.buzzsprout.com/1867003. He’s on Facebook too.

    ** Medical definition of ‘delivery’ is baby and extra-embryonic remains. Imagine that the placenta is cut-off from baby before it can nourish the baby with 30% of its sustenance. That’s mayhem, larceny, and genocide in each instance where doctors cut the umbilical chord instead of letting placenta fall off naturally about 3 days later (aka Lotus Birth).

  9. Terrific discussion, exactly the kind of thing I rely on Solari for!

    Can some one help me with following this argument?

    Granted, that there have been bankruptcies in the US where customer accounts have been taken, so this does happen, whether it has been legal or not. So we can accept that this can happen.

    However; do I understand this discussion correctly?

    1. Brokers have individual customer records
    2. Individual customer records still exist at the custodian level
    3. Nevertheless, actual legal ownership of both bonds and equities have been swept into regional depositories, one for the US (and Canada?) and one for western Europe. Similar to customer deposits at a bank, owners of securities are creditors, not owners.
    4. Derivative liabilities are at a lower level, at the financial institutions. While they may be systemically important, they are not at the same level as the regional depository.

    Here is where I don’t understand the theory. At the regional level of the depositories, systemically important banks who lose on derivatives, can be bailed out through money creation.

    Money creation would be far more popular than taking everyone’s savings, and pension funds.

    Most importantly, a taking like that would end not only the derivatives markets, all financial institutions, but also all securities and collateral markets for centuries, perhaps millennia, to come. No one will trust his or her assets to a third party, there will be an immediate explosion of alternate currencies and black markets. See the Japanese emperors cancellation of the previous ruler’s currency, and he consequences of that, in the Middle Ages, for a parallel.

    I understand that global leaders want total centralized control, but doing this immediately dismantles their control system, and ends the world they rely on.

    So perhaps we ought to cheer it on? What am I missing?

    1. IMO not before they have complete transaction control and even then if I were Mr. Global I would continue to use the equity markets for a variety of purposes. I would not collapse them. So when it comes to remedies, this is the taking I am the least concerned about in the new to intermediate term. As I said to one person, why would a housewife give away here vacuum cleaner when she was only halfway done cleaning the house?

      1. Yes, complete control is needed to stop the impromptu markets, and I think you have said, and i agree, that is probably impossible to achieve.
        Well, were I someone who wanted to control all assets (and how exhausting that sounds!), I would pick off groups one by one, with an explanation of how that group deserved it, but it seems to me they don’t need new legislation to do that.
        Thanks for the answer!

  10. Let’s find out when this UCC code was passed in various states, and get to work. I have an old high school friend who worked at a caucus here in Washington– I will yey contacting her to figure out how to find when it came up and when it was voted on.

  11. Hi Catherine: you asked about how to bring about changes to the UCC. I don’t suggest going to a commercial attorney to do this. We focus on lawsuits. Not legislation. Rather, I suggest you go to a law school professor. All of the law schools teach the Uniform Commercial Code. The courses are required to graduate. So they’re all doing research on the subject, I’m sure you can find somebody who would be interested in researching and publishing.

  12. Catherine,

    I read David’s book this week and we appreciated the conversation with Carolyn & David, thank you for having it and making it available. A couple of things come to mind in terms of awareness and action.

    First, this strikes me as comparable to the early days of the pandemic. A few were already aware of and had well considered concerns about an unregulated pharmaceutical industry, but most were snoozing to the narrative’s tune. The in-your-face nature of the op woke a growing number, but many still slumber unperturbed. There is a lot of work to be done in order to rouse people to this issue.

    Your comment about the byzantine nature of the UCC was heartening; I was struggling just with the Fed’s response to the EC Legal Certainty group, let alone attempting to look at the underlying law. The comment about finding UCC attorneys who were were not already corrupted was sobering, but it sparks an idea. What about reaching out to folks like David Martin, Steve Kirsch, Ed Dowd and getting them involved in the conversations around this. Perhaps you have a better list of people to enlist. David Webb is a lone voice with little presence in the alternative media world, Solari is a potential amplifier.

    At a minimum, we can all raise this issue with our financial planners & brokers.

    Keep up the great work, we appreciate you & your associates!

    –Larry (& Jill)

    1. Martin and Kirsch are not the way to go. Will check in with Ed and his team. Have been working through attorneys who are less visible. Keep looking!

      1. We had also thought to suggest contacting attorney Aaron Siri as well law professor Francis Boyle; perhaps they might be so gracious as to offer referrals to UCC attorneys, and/or help with brainstorming ideas and extending awareness specific to Webb’s work?  ~Jill (of Larry & Jill)

          1. One more thought, Dr. Meryl Nass knows law really well (from my layperson perspective) ~Jill (of Larry & Jill)

  13. Catherine,
    I have seen David Webb‘s documentary. Also, I watched Heiko Schöning‘s interview on Austrian Alternative Media. He mentioned that biological or bacteria warfare will not start before spring 2025. Basically, Mr Global will wait until the next presidential election and inauguration. How feasible do you think this date is? How can I or all of us contribute this from happening? Best, Christian

    1. In my experience low grade bio warfare has been ongoing since at least 1995-96. Not sure why Heiko would be presenting at as the coming Big Bang. There are so many BIG BANGS predicted, I should make a list!

  14. It’s so fantastic to listen to an interview between really knowledgeable people. This is a great one. It’s also nice when the interview is not being leveraged to sell precious metals or bitcoin.

    1. Oh, how funny! Yes, hard to imagine Webb, Betts and Fitts selling financial products in the middle of an interview. 🙂

  15. Started on a list of the many TAKINGS underway for my discussion with Joseph – we record this Sunday. Please add any you recommend for the list

    The Many Great Takings

    Taking: $33 Trillion on Issuance of Debt Based Currency vs Greenbacks

    Taking $: US Black Budgets, 1947 on

    Taking $: Naked Short Selling and Pump and Dumps n Stock Markets

    Taking: $500 Billion – $1 Trillion S&L Crisis Clean Up; related mortgage, mortgage servicing and foreclosure fraud

    Taking: $21 Trillion Missing from US Federal Government, Fiscal 1998-2015

    Taking: $ Trillions in US Treasuries, Bills, Guarantees and Related Collateral Fraud

    Taking: $ Predatory Lending and Fraudulent Inducement: Student Loans, Consumer Debt and Mortgage Bubbles

    Taking: $ Trillions on Legalization of Usury

    Taking: $ Trillions Missing from US Federal Government Since 2015 and FASAB 56 in 2018

    Taking: $ Trillions on Federal Credit Interest Rate Arbitrage (Banks and GSEs borrow for 0% while Credit Card holders pay 17%)

    Taking: $27 Trillion From Taxpayers in Financial Crisis Bailouts, 2008-2012

    Taking: $ Trillions on Quantitative Easing and Currency Debasement/Inflation

    QE1 2008
    QE2 2010
    QE3.2012
    QE4 2020

    Taking $: Trillions in Stock Buybacks financed

    Taking $: Leveraging of Sovereign Governments Globally

    Taking $: Crypto Pump and Dump, 2017-2018, 2020-2022

    Taking $ Going Direct Reset, August 22, 2018 to Date

    Taking $ Pandemic Disaster Capitalism

    Taking $: Post Financial Crisis Mortgage Servicing Fraud

    Taking: $ Manipulation of Property, Health and Life Insurance Prices, Credit and Terms and Conditions

    Taking: $ Double Standards in Taxation and Regulatory Fees and Enforcement

    Taking $: Banking Consolidation, including 2023 US Banking Consolidations

    Taking: $ Trillions – PIratizations and Insider Tech Transfers

    Silicon Valley/Black Budget Laundry.
    G-7
    Rape of Russia – 1990-1998
    Eastern Europe – 1990 to date

    Taking: $Trillions on War and Coup d’ Etat

    https://en.wikipedia.org/wiki/List_of_wars_involving_the_United_States

    Latest Taking: Ukraine Land and Resources

    Non-Monetary/ Monetary

    Taking: Surveillance Extraction of Data and Intelligence; Compromise of Privacy

    Taking: Weaponization of Migration, Failure to Enforce Borders, Selected compromise of freedom of Movement

    Taking: Harm to the Atmosphere: Nuclear Testing, EMF Radiation, and Geoengineering

    Taking: The Great Poisoning – reducing and poisoning citizens and the next generation making it easier to defraud

    Taking: $ Destruction of Top Soil: (GMO and terminator seeds, glyposate, commercial agribusiness, introduction of invisible nanoparticles and engineered materials, geoengineering)

    Taking $: Weather Warfare (Paradise, Lahina, +)

    Taking: Failure to Enforce, including Anti-Trust and Extraction Taxes, Use of Enforcement to Stop Innovation, New Technology and Decentralized Economic Activity

    Anticipated

    Taking: BIS and G-20 Central Banks: End Financial Transaction Freedom

    Taking: The Great Taking by David Webb (Securities)

    Taking: The WHO Business, Land and Real Estate Confiscation Machine

      1. I have tried to listen to it and had trouble understanding/staying coherent. Maybe should try again. He seemed disassociated from the actual flows of money and resources in a way that kept him from grounding in reality. I kept wondering where his personal money was and thinking it would probably contradict what he was saying. I should also add I have always struggled to understand people. 🙂 It is one of the reasons I turned to mapping the flow of time and money. What people said they did completely contradicted what they were doing – so I needed a tool that mapped what they were actually doing.

    2. Catherine,
      The list of all that has been taken –above the anticipated– should be the opening statement of the lawyers for the plaintiffs, the people of the world.
      Excellent discussion. I would love to hear what Ed Dowd might be able to put together. Maybe he can spark some consciences out there among the top.

    3. Taking: Outsourcing/offshoring (this takes from the people as well as the local, State, and Federal tax base, as well as SSI).
      Taking: Affordable Care Act
      Taking: Utility privatization (VZ use to be a Baby Bell Atlantic, now it’s a WEF Partner)
      Taking: FSLIC fiasco / bailout

        1. Thanks Catherine. After many years, I’m finally reading Rosa Kiore’s book, Behind the Green Mask. It’s about UN Agenda 21. She was a commercial RE Appraiser in CA so she got wind of the ‘plot’ very early on. She explains how destroying the tax base and ‘taking’ is all part of the plan to lead us into poverty. I’m now understanding why, for 35+ years, National companies became Multi-Nationals and used global labor arbitrage to impoverish not only the USA but all Western 1st World countries. The plan is to make us completely dependent and then pull out the rug by withdrawing assistance. She explains what they mean by ‘social equity’ and other catch phrases. For instance, ‘social equity’ means making us all equally poor.

          Now I see the threads in Corporate when they implemented the “preferred vendors list” in Corporations (Aka., Vendor Management Companies). They decimated / bankrupted small businesses by making the requirements to get on the list unattainable for anyone other than a large corporations.

          At the same time, they were using buyouts, layoffs, downsizing, M&As, etc. to implement Global Labor Arbitrage to drive out the middle class and install / embed poverty.

          All the while, I thought they were just not understanding economic laws of progression and regression at the global level, and how they were destroying their own tax base. But that’s all part of the plan to redistribute wealth into Redevelopment.
          Almost 2 decades ago, I remember when I went to PNC for a refi loan and the Banker told me that they no longer do loans for anything but multi-family, mixed-use development. This falls in line with ICLEI (International Council of Local Environmental Issues). ICLEI is there to carry out these plans at the local level on an International scale.
          I could go on and on…unfortunately. The damage and destruction they’re doing is just horrendous. UNconscionable.

        2. Some more:
          Land Trusts – King Charles has these. One in the USA too, in Vermont.

          Conservation Easements
          ===> less private ownership -> less people, less production, less property taxes ==> local deficit

    4. Add in the taking of our precious time as you so aptly call the “clock eatery”! I have spent hours attempting to get back a duplicate payment from the Calif DMV who insists I never paid a vehicle registration on time this year and then proceeded to demand I repay it with a late fee only to cash both checks one of which is dated 25 days prior to the expiration date as is its postmarked envelope. The hours it takes to reverse engineer the snarled wheels of any government bureaucracy is exhausting and nearly impossible. Part of the “beat down”.

      1. Clearly organized to make it more expensive to get the refund than to pay double.

      2. There was the check ‘washing’ scheme, most likely orchestrated by BoA, last year. I guess BoA needed to test their digital banking and digital signature verification systems..

    5. TAKING $, young brainpower, environmental resources: Academic Science – specifically CERN. I was a physics major in college and was totally repulsed by this multi-national boondoggle. A great book on this topic is: The Higgs Fake by Alexander Unzicker.
      Obviously this is not a mainstream direct attack but one of probably countless side-hustles of distracting valuable minds and money and diverting it towards…what possible end?!

  17. Bitcoin ETF

    The Trust is an “emerging growth company,” as defined in the JOBS Act. For as long as the Trust is an emerging growth company, the Trust may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not “emerging growth companies,” including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404(b) of the Sarbanes–Oxley Act of 2002 (the “Sarbanes-Oxley Act”), reduced disclosure obligations regarding executive compensation in the Trust’s periodic reports and audited financial statements in this prospectus, exemptions from the requirements of holding advisory “say-on-pay” votes on executive compensation and shareholder advisory votes on “golden parachute” compensation and exemption from any rules requiring mandatory audit firm rotation and auditor discussion and analysis and, unless otherwise determined by the SEC, any new audit rules adopted by the Public Company Accounting Oversight Board.

    From Blackrock ETF filing:

    https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm

    Credit anon poster ZH

    1. Well that is an interesting tidbit. Nick Brady tried to call me when the JOBS Act was being debated. I never spoke to him as I was on another call and then he never called back. Suspect there is a lot buried away in that one.

  18. Excellent!!! I watched his documentary and was hopeful that Catherine would interview him. We have GOT to find a way to stop this grift.

  19. A couple weeks ago, I tried to search Solari, to see if you had seen Mr. Webb’s 70 minute video narrative about The Great Taking… so glad to see you will be having this discussion.

  20. I look forward to your discussion. I have read David Webb’s book, but knew that there are questions I am unable to formulate. I want to believe that there is something we can do to keep these thieves from taking EVERYTHING. I eagerly await you Catherine and Carolyn talking with David Webb; I am sure he is also.

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