BY: Kiana Lozzi, RBFL Student Editor Artists’ incomes have significantly shifted from mechanical to performance royalties and the next shift should be to music NFTs. NFTs, or “non-fungible tokens,” are data units that are stored on a blockchain that transfer ownership of either physical things or digital media. Additionally, NFTs have given artists an opportunity […]
BY: Roshni Parikh, RBFL Student Editor Cryptocurrency (‘crypto’) has permeated through the financial world as a popular investing tool that is relatively easy to use. The problem is that it is inherently risky, if not dangerous, and is not considered a sophisticated investment space due to its fraudulent features, anonymity, and decentralization. The Federal Trade […]
BY: Megan R. Miller, RBFL Student Editor “Finfluencer” activity has exploded in recent years, especially during the COVID-19 pandemic. According to Bloomberg Wealth, “finfluencers” are online personalities who share financial advice, particularly on social media. Social media platforms like YouTube, TikTok, and Instagram are full of young people offering investment, budgeting, and other financial advice […]
BY: Aspen Schneider, RBFL Student Editor Throughout its eight years of operation, Robinhood has faced many problems. The company has been penalized by multiple regulatory bodies for a variety of offenses. In response to the penalties, Robinhood has made hopeful additions to the board of directors and made various improvements within the platform. However, regardless […]
BY: Melissa Pereira, RBFL Student Editor Cryptocurrency (“Crypto”) financial technology may be the future of transacting. However, there are regulatory obstacles to overcome before widespread adoption and usage can be achieved. My developmental article extensively discusses these regulatory obstacles, the need for a clear regulatory framework of crypto, Wyoming’s leadership in implementing crypto-friendly regulation, as […]
By: Jenny Eldred, RBFL Student Editor The California Consumer Financial Protection Law went into effect January 1, 2021,[1] reorganizing the Department of Business Oversight into the newly created Department of Financial Protection and Innovation. The DFPI assumes the reserved powers carved out of the Dodd-Frank Act for state regulators to protect consumers against unfair, deceptive, […]
By: Bailey Meideros, RBFL Student Editor In recent years, stock-trading apps have become increasingly popular among young investors. In particular, the stock-trading app, Robinhood, has become the topic of various financial news outlets thanks to its unique features catered to young traders. Robinhood, founded in 2013 by Stanford University graduates Baiju Bhatt and Vladimir Tenev, […]
By Beyond Bi, RBFL Student Editor Financial technology (“Fintech”) covers technologies that seek to “improve and automate the delivery and use of financial services,” including common peer-to-peer (“P2P”) mobile payment applications such as Paypal and Apple pay and cryptocurrencies such as bitcoin.[1] The global growth of non-cash transactions, blooming adoption of digital wallets, and the […]
by Zachary Zehner, RBFL Student Editor If I were a betting man, I would guess that the average reader has a bank account, a credit card, and maybe some even have an investment portfolio. With juggling all of these accounts and attempting to stick to one’s financial budget, many consumers opt for a third […]
by Kellen Safreed, 2L Editor As data collection, use, and analysis become increasingly central to the operations of many companies, users and governments are growing concerned about the risks this data harvesting may pose to individual privacy. Scandals over the past few years, such as Cambridge Analytica’s improper use of Facebook user data during the […]