Key Takeaways: ..FINRA released its most recent Sanctions Guideline, effective immediately, on October 20, 2021. A link to that document can be found here. .
Advertisement
New Texas Bill Would Provide Release Relief To Trustees Who Deliver Adequate Accountings Without A Timely Objection By The Beneficiary Tuesday, March 16, 2021
A recent bill has been submitted that would provide a trustee release relief for transactions described in an accounting where a beneficiary fails to timely object to the accounting and there is no fraud, intentional misrepresentation, or material omission. The bill provides:
Sec. 113.153. BENEFICIARY’S APPROVAL OF ACCOUNTING.
(a) This section does not apply to a trust that is under judicial supervision.
(b) If a beneficiary does not object to a trustee’s accounting before the 180th day after the date a copy of the accounting has been delivered to the last known address of the beneficiary: (1) the beneficiary is considered to have approved the accounting; and (2) absent fraud, intentional misrepresentation, or material omission, the trustee is released from liability relating to all matters in
couple years ago. i don t hear that many republicans talking about it, so i get the desire to defend yourself, but i don t know what anybody s accusing her of right now. martha: what about the timeline? that may be true, he was not disciplined for a failure to act in the hillary clinton investigation, he was disciplined for a lack of candor which could be a lie or it could be a material omission. martha: senator scott in terms of the widening of this investigation and how far back they re going, it feels like this is largely an effort by paul manafort s attorney to say you shouldn t be looking into this part of my past. they may have an argument for doing that, right? it seems like the investigation has expanded since august where we are finding out the reality is you re looking for a way to dissect the case and find a way to get to a
the major pieces of evidence, the dossier, was paid for by the hillary clinton campaign in the dnc. look maria that is a material omission. that in and of itself is the story here. everything else is just smoke but look, i don t think the media in mesh has even read the steele dossier we re talking about just the fact that the fbi used that and submitted it to a court, it s garbage, maria, that they used that to establish probable cause is cause for concern, then you add in the fact that you had everything else going on with the fbi, comey, the way that he treated the clinton aids. we ve had six top officials now. maria: the fix was in. the fix was in. it will be a lot of distraction here and the media wants you to think about other things but just focus on the fact that the court was mislead, that is a great problem that signals a big problem with the fbi. maria: well we have six doj or fbi people that have been fired or reassigned. that s right. maria: this is real stuff.