Shows
Tokens of WisdomEpisode 54: Guess Who's BackGuess Who’s Back Episode 54: Show Notes. It’s true that I wanted to release this episode about as much as I want a hole in the head. But, I did promise you multiple times that I would keep you updated on the dumpster fire of the Corporate Transparency Act and…a liar I am not. Here’s the TL;DL(“listen”): The CTA is back on, and initial BO reports are due on March 21, 2025 for most entities. Key Points From T...2025-02-2005 minTokens of WisdomEpisode 53: A New SheriffA New Sheriff Episode 53: Show Notes. We went three whole days into Trump Administration 2.0 without the creation of a strategic bitcoin reserve, an announcement ending all federal lawsuits against crypto industry participants, and without any major crypto news. In fact, well into day 4 of the administration, the scoreboard looked like this: Trump Meme coins: 2; Executive action supporting crypto: 0. Then on January 23, 2025, Trump issued an Executive Order titled, “STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY”. Key Points From This Epis...2025-01-2407 minTokens of WisdomEpisode 52: AI Policies for Investment AdvisersEveryone wants in on the AI craze – in addition to being the latest buzzy trend, AI is a technology that can actually think for you (or at least, trick people into thinking it’s thinking). Given the potential time and money savings AI can generate, a business owner like you might be negligent for not exploring how it could help their business. But before you go too hog wild, listen to today’s episode for a boring dose of caution. How’s that for a tag line?! Key Points From This Episode:Quick Corp...2025-01-0912 minTokens of WisdomEpisode 51: 2024 Year-End OverviewAs you all prepare to hunker down by the fire, sip your egg nog and enjoy the company of your dearest friends and family members, throw in your earbuds, turn up the volume and unwrap this auditory gift recapping the year that was in fund and cryptoland 2024! Key Points From This Episode:Recapping the rosiest crypto developments from 2024. Bitcoin’s meteoric rise.Clearer regulatory skies. Judiciary ascendant. Guessing at what the future holds in 2025. Strategic Bitcoin reserve?Future of the Safeguarding Rule proposal?Legislation?? 2024-12-1912 min
PerspectivesA conversation with our Group Head of SustainabilityOur business was once described as a firm that has a tradition of "combining business with humanity, without neglecting either". But how do we define Corporate Sustainability at Rothschild & Co today, and what are the key concepts that underpin the firm's approach in this area?In the latest edition of Perspectives, we speak with Anne Imbach, Rothschild & Co's Group Head of Sustainability, to explore these questions and discuss how the Group's sustainability strategy aligns with its broader business objectives.Recorded on December 6th, 2024.2024-12-1716 minTokens of WisdomEpisode 50: CTA EnjoinedGood news just keeps on flowing out of the federal judiciary, as a District Court in Texas issued a nationwide preliminary injunction on Dec 3 enjoining the enforcement of the Corporate Transparency Act and the FINCEN beneficial ownership reporting requirement.This means that means that FOR NOW, companies do not have to file beneficial ownership reports with FINCEN under the corporate transparency act. Key Points From This Episode:What’s a “preliminary injunction”?What must a plaintiff prove to obtain one?How did the district court analyze these elements here?What happens...2024-12-0610 minTokens of WisdomEpisode 49: Crypto’s Glad TidingsWhatever your views on the election outcome, we can all enjoy the high – literally and figuratively – that’s captured the crypto world since early November.Today’s episode quickly recaps three recent developments that we can all celebrate. Key Points From This Episode:Bitcoin’s meteoric rise.Gary Gensler is resigning!A district court in Texas struck down an SEC rule that drastically expanded who had to register as a broker-dealer.Disclaimer:This show is for informational purposes only. Nothing presented here constitutes...2024-11-2706 minTokens of WisdomEpisode 48: Can the President Fire the SEC Chair?There is a presidential election happening right now, and regardless of your political views, if you’re listening to this, you probably like crypto. In fact, the election-related question I get most frequently goes something like this: If Trump wins, will he really replace Gary Gensler on day one as promised? Or If Harris wins, will she replace Gensler as quickly as Trump would? This of course begs the question: Can the president fire the SEC chair? Turns out, there is significant legal uncertainty around how an SEC chairperson can be removed. Key...2024-11-0115 minPerspectivesA conversation with the Head of Wealth Management SpainAs Spain's financial landscape becomes increasingly dynamic, so too do the opportunities and challenges in wealth management. In the latest edition of Perspectives, we speak with Hugo Martin, Head of Wealth Management for Spain, to discuss the strategic rationale behind Rothschild & Co's expansion into the Spanish market three years ago. We also explore the Rothschild family's longstanding history in Spain and examine the unique needs of the local market.2024-10-2425 minPerspectivesUna conversación con el Director General Wealth Management EspañaA medida que el panorama financiero español se vuelve cada vez más dinámico, también lo hacen las oportunidades y los retos en la gestión de patrimonios. En la última edición de Perspectives from Wealth Management Switzerland, entrevistamos a Hugo Martin, Director General Wealth Management España, para hablar de los motivos estratégicos de la expansión de Rothschild & Co en el mercado español hace tres años. También exploramos la larga historia de la familia Rothschild en España y examinamos las necesidades únicas del mercado local. 2024-10-2425 minTokens of WisdomEpisode 47: The “Come in and Register” FallacyOn my last episode, I went through a few common ill-conceived soundbites people wield against crypto generally and calmly explained why they’re a bunch of crap.But there was one I didn’t touch last time because I thought it was deserving of a little more spotlight. Haters sometimes claim that the crypto industry doesn’t want any regulation, and is spending oodles of cash buying off politicians to prevent the government from regulating crypto. Not true.The crypto industry certainly spends big money on lobbying, but it’s using those dollars to beg the gove...2024-10-1614 minTokens of WisdomEpisode 46: For the Crypto SkepticI keep hearing noise from talking heads denigrating and dismissing crypto with pithy ill-conceived soundbites. It’s the kind of thing you expect to hear from the Gary Genslers and Elizabeth Warrens of the world, but I also hear it from people whose opinions I usually respect.Inspiration for today’s episode came from the 9/20/24 episode of Real Time with Bill Maher, where Bill and his panel fall all over each other to out-hate on crypto, using (to borrow Kamala Harris’s favorite phrase): the same old tired playbook written by the likes of Gensler and Warren.2024-10-0212 minTokens of WisdomEpisode 45: Digital Asset Manager SEC SettlementThe digital asset fund manager community is up in arms about the SEC’s latest shenanigans against Galois Capital, and I’m here to tell you; so am I!The SEC alleged three separate violations, and gave us zero helpful detail/analysis/guidance that might let other asset managers avoid similar acitons.Key Points From This Episode:What violations did the SEC allege Galois Capital committed?What does a settlement mean?Why so much secrecy?Shout out to Laura Shin.A few rays of sunshine.Di...2024-09-1310 minPerspectivesA conversation with the Head of Wealth Management GermanyDid you know that the name "Rothschild" comes from the "red shield" that once hung in front of the family’s house in the Judengasse in Frankfurt am Main, Germany? It was also here that Mayer Amschel Rothschild established his business in the late 18th century.In this edition of our podcast, we welcome Henrik Herr, Head of Wealth Management Germany. Henrik discusses how this rich heritage continues to shape the bank’s values, the significance of long-term relationships, and the distinctive features of the German market, one of the world’s largest wealth hubs. He also sheds...2024-09-0415 minPerspectivesEin Gespräch mit unserem Head of Wealth Management DeutschlandWussten Sie, dass der Name „Rothschild“ vom roten Schild stammt, das einst vor dem Haus der Familie in der Judengasse in Frankfurt am Main hing? Hier legte Mayer Amschel Rothschild im späten 18. Jahrhundert den Grundstein für sein Geschäft.In dieser Folge unseres Podcasts begrüssen wir Henrik Herr, Head von Wealth Management Deutschland. Er spricht darüber, wie unsere Wurzeln weiterhin die Werte von Rothschild & Co prägen, über die Bedeutung langfristiger Beziehungen und die Besonderheiten des deutschen Marktes, einem der grössten Vermögenszentren weltweit. Ausserdem gibt er spannende Einblicke in die Eröffnung unseres...2024-09-0417 minTokens of WisdomEpisode 44: Marketing DecksAn episode all about the glorious topic of marketing decks for private funds. Almost every fund has one. Almost every lawyer’s brain explodes when reviewing them. Tune in today to learn all about why. Key Points From This Episode:What rules govern investment adviser/fund marketing?The Seven Deadly Sins.What’s an Endfoot?Common mistakes in marketing decks.Shout out to the new puppy that has set up residence in my home, Ringo.Disclaimer:This show is for informational purposes only. Nothing presented here constitutes legal advice. Token...2024-09-0311 min
Expand your LimitsEp36: Unleash Fear & Own your CourageToday we are talking about fear and courage. If you wish to see the video version, check out my Youtube Channel. Share episodes to your socials and tag @paige_rothschild Each time you do this, you will get entered to win a prize ✨ Unshakeable YOU Signature Program ➤ https://www.paigerothschild.com/unshakeable-you-1 ✨ Millionaire Starter Pack ➤ Join Here ✨ Grab the Transform Workbook: https://stan.store/paige_rothschild ✨ Youtube Channel ➤ www.youtube.com/@PaigeRothschild 2024-09-0232 min
Marked with Angie Elkins and Elizabeth HyndmanPrepare Your Heart for Advent with Jennifer Rothschild & Ellie HolcombWe know it's only September, but we have two resources for Advent that we just can't wait to share with you! Jennifer Rothschild and Ellie Holcomb join us to talk about the Prepare Him Room Virtual Event and the Joy to the World Bible Study Book. Listen in as we prepare our hearts for Advent this year and learn more about resources you can plan to use during the Christmas season with your women's ministry, small group, or at home. LINKS:Prepare Him Room Virtual EventHeaven Bible StudyMore from Jennifer Rothschild...2024-09-0232 minTokens of WisdomEpisode 43: Pay-to-Play RuleQuick hit today to remind investment advisers about the SEC’s pay-to-play rule; formally known as Advisers Act Rule 206(4)-5. You may have heard that there’s a little election coming up here in November, and you may be emptying the piggy bank in support of your candidates of choice. Before going too hog wild though, make sure you brush up on your pay-to-play rule! Key Points From This Episode:Why should I care about this, especially now?What is the pay-to-play rule?Who are government clients?Any exceptions?One oopsie at the en...2024-08-0606 minTokens of WisdomEpisode 42: Form N-PXExciting times this month, as certain institutional investment managers are gifted a new regulatory filing requirement! Key Points From This Episode:What is Form N-PX?Who has to file it?What needs to be reported?What is the deadline?Disclaimer:This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/Links Mentioned in Today’s Episode:D...2024-08-0206 min
Rabbi Rothschild Podcast (The Official Kick Podcast)Rabbi Rothschild Podcast #00000004 @OrlandoJettEssay: Rabbi Rothschild’s Appreciation for OrlandoJett
Introduction: In the vibrant world of Kick streaming, personalities like OrlandoJett from Australia stand out for their charisma and potential to become influential figures. Rabbi Rothschild, a dedicated follower and participant in OrlandoJett’s Discord community, has found a source of inspiration and collaboration in OrlandoJett’s inclusive and supportive environment. This essay delves into Rabbi Rothschild’s admiration for OrlandoJett, highlighting their dynamic relationship and the positive impact of OrlandoJett’s presence in the streaming community.
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• OrlandoJett’s Charisma and Appeal:
• OrlandoJett has captured the attention of viewers with his engaging personality and entert...2024-07-3019 min
Expand your LimitsEp34: Make $1Ms from hate commentsThis short 4 min riff will give you the nuggets to literally make you millions. It's GOLD. Share episodes to your socials and tag @paige_rothschild Each time you do this, you will get entered to win a prize This riff is about using haters // hate comments to make millions. If you are committed fully to yourself, come join my programs & you will attract wealth with ease. ✨ Unshakeable YOU Program ➤ https://www.paigerothschild.com/unshakeable-you-1 ✨Millionaire Starter Pack ➤ https://shorturl.at/vKCvo ✨ Join Monthly groups sessions ➤ www.paigerothschild.com ✨ Grab...2024-07-2703 minRabbi Rothschild Podcast (The Official Kick Podcast)Rabbi Rothschild Podcast #00000002 @CLB69Essay: CLB69: The Iconic Streamer with a Unique Style
Introduction: In the vibrant world of online streaming, standing out isn’t just about content—it’s about personality, style, and community engagement. CLB69 exemplifies this ethos with a distinctive flair that sets him apart on the streaming platform. This essay celebrates CLB69’s unique style, community impact, and his recognition from none other than Rabbi Rothschild, highlighting his influence and promising future in streaming.
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• Iconic Style and Unique Identity:
• CLB69 is instantly recognizable thanks to his signature look—a classic hat that adds a touch of individuality to his on-screen presence...2024-07-2626 minTokens of WisdomEpisode 41: Supreme Court SmackdownOn back-to-back days in late June, the US Supreme Court issued two decisions that reasserted judicial primacy in statutory interpretation and dealt a blow to executive authority. The cases were SEC vs Jarkesy and Loper Bright Enterprises v. Raimondo, and together they demonstrate a Supreme Court deeply skeptical of the administrative state and of an executive branch usurping powers that belong to the judiciary. Key Points From This Episode:Summary of the Jarkesy and Loper Bright holdings.A brief history of the U.S. Constitution and Administrative Procedures Act.What do t...2024-07-1810 minTokens of WisdomEpisode 40: Florida Private Fund ExemptionLast summer, the Sunshine State passed into law a new private fund exemption for investment advisers operating in Florida. It went into effect on Oct 1 last year, and thus FL has belatedly joined the community of states taking a lighter regulatory stance toward private fund managers. Key Points From This Episode:Why this is great news for fund managers.How Florida investment adviser rules worked previously.Parameters of Florida’s private fund exemption.Disclaimer:This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wis...2024-07-1104 minTokens of WisdomEpisode 39: SAB 121It’s not everyday that I do a podcast episode about super technical banking rules. It’s also not every day that the president vetoes bipartisan legislation in an election year. But here we are…. Key Points From This Episode:What is SAB 121?Why do crypto degens hate it?Why do ordinary Americans hate it?Why does Tony the Mechanic love it?Disclaimer:This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headqua...2024-06-2108 minTokens of WisdomEpisode 38: RIP Private Fund Adviser RuleBig news today (June 5) as the 5th circuit court of appeals VACATED the SEC’s private fund adviser rule!! Go back and listen to Episode 21 if you want to waste your time hearing all the details of this now-defunct rule. Special Note: you may notice while listening to today’s episode that I mistakenly refer listeners to Episode 29 for my full PFAR breakdown (I refer to “Episode 29” several times). Turns out, I’m even worse at math than I thought, because my PFAR episode is # 21; not 29…Rather than delay the episode and re-record, I’m alerting you he...2024-06-0707 minTokens of WisdomEpisode 37: Tornadoes, Samourais and Money TransmittersToday’s episode is all about the government’s attempts to jam the square peg of crypto mixers Tornado Cash and Samourai Wallet into the round hole of unlicensed “money transmitters”.But to grasp the full story, we need to understand some basic terms. Like “money transmitter”.Key Points From This Episode:What are (were?) Tornado Cash and Samourai Wallet?What is a “money transmitter”?The regulatory area where crypto guidance from the federal government has been relatively clear and proactive.Why these actions undercut that seeming clarity.A soapbox moment about “due process” and f...2024-05-2812 minTokens of WisdomEpisode 36: Adviser IntegrationLast episode we dissected the SEC’s “venture capital fund” definition and discussed how, if an adviser manages only VC funds, there is no AUM ceiling on its ability to remain exempt from registration. If that same adviser manages money for any non-Venture capital fund, it has to register as an investment adviser once AUM hits $150mm. This can lead some less scrupulous investment advisers to try to “game” the system by forming new adviser entities, thinking they can skirt regulation by forming new legal entities.Well, not so fast. The wool can’t be pulled over Uncle Sam’s...2024-05-1609 minPerspectivesA conversation with Melanie Aspey, Director of The Rothschild Archive2024 marks the 25th anniversary of The Rothschild Archive Trust. In the latest episode of Perspectives from Rothschild & Co, Laura Künlen and Melanie Aspey, Director of The Rothschild Archive, discuss the origins of the Archive, share captivating anecdotes about the Rothschild family, and discuss how their values can offer inspiration and guidance for businesses and leaders in today's ever-changing world. 2024-05-1422 minTokens of WisdomEpisode 35: Venture Capital FundsLike I mentioned back in Episode 2, there are some down sides to relying on the private fund exemption – at the SEC level, the only “down” side is an AUM ceiling after which you have register (150mm…see ep 32). But many states require extra stuff if you’re managing any 3c1 funds: this varies by state, but many impose annual audit requirements and either increased investor accreditation thresholds, restrictions on who can pay performance-based comp, or both. EXCEPT those restrictions don’t apply to managers whose only clients are “venture capital funds”.So what is a “venture capital fund”? Tune it to...2024-04-2511 minTokens of WisdomEpisode 34: Management Company Operating AgreementsOne of the underappreciated tasks a new fund manager needs to complete is its management company operating agreement. This is the agreement among the principals of the management company that controls how the entity is governed, how economics are split among the principals, etc.Key Points From This Episode:Why is it important to paper these agreements?Why they sometimes get put on the back burner.Brief discussion of the four primary areas to consider:Economics;Corporate governance;Exit provisions; andRestrictive covenants. Disclaimer:T...2024-04-0907 min