NCUA FOM feedback from Dollar Associates’ Dennis Dollar…

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NCUA completed its most recent meeting and one of the major issues covered was the much-anticipated FOM proposal — now up for commenting from the industry. To get some expert perspective on the meeting’s results, we invited former NCUA Chairman and Principal Partner of Dollar Associates Dennis Dollar.Dennis shared with us his take on what transpired during the FOM portion of the meeting, along with a couple key items that stood out, hits and misses, and where we go from here after the comment period expires. Many thanks to Dennis for coming on the show and providing his feedback.And don’t forget to watch our other posted interviews: Callahan’s Sam Taft on Iowa CUs lending success, Maps Credit Union/ Western Oregon University’s financial literacy program, Bruce Barcott on where CUs line up with the growing cannabis business, and more. Enjoy your weekend! continue reading »last_img read more

Revised Florida Stand-Your-Ground law is unconstitutional

first_imgPhoto Courtesy of Google On Monday, Miami-Dade Circuit Judge Milton Hirsch ruled that Florida legislators reached beyond their authority by amending the state’s Stand-Your Ground-Law earlier this. The change in the law would give prosecutors authority to disprove a defendant’s self-defense claim in attacking someone during a pre-trial hearing. According to Judge Hirach only the Florida Supreme Court has the authority to effect changes to the law. The law “cannot be legislatively modified” the judge wrote in his ruling.Since its inception under the administration of former Florida Governor Jeb Bush in 2005, the law which gives residents in the state the right to defend themselves by deadly force, usually by the gun, if they believe they are being attacked in or out their home has been controversial.The controversy peaked in 2013 when community watchman George Zimmerman was acquitted in the shooting death of North Miami teenager Trayvon Martin. Martin was on his way from a convenience store and walking to his father’s home in a Sanford, Florida, residential community when he was accosted by Zimmerman who assumed he was a criminal. Zimmerman’s defense claimed he shot Martin in self-defense because he felt his life was threatened by the teenager.Most state prosecutors opposed the law seeing it as a means for those accused of murder and other gun-related charges to be acquitted by claiming they were defending their lives by the act of violence.It is believed by the opponents of the law that the ruling by Judge Hirsch’s could be the beginning of other courts in Florida ruling likewise resulting in an appeal for the revised law to be reviewed by the Florida Supreme Court.Since the Travyon Martin shooting, and Zimmerman’s acquittal several attempts have been made by Florida Democratic legislators to repeal or change the law, arguing that it gives people with guns the right to shoot a victim indiscriminately, with a chance to be acquitted. However, Governor Rick Scott has remained adamant in not repealing the law.The Florida Supreme Court previously ruled that defendants in shooting cases who seek immunity from criminal prosecution under the law must offer solid proof they were acting in self-defense.Despite strong opposition from prosecutors and gun-control advocates, the Florida Legislature amended the original law to place the burden on state prosecutors to prove through convincing evidence that a defendant was not acting in self-defense. If prosecutors succeed in disproving the self-defense claim at the pre-trail hearing they would need to do this again at the actual trial.last_img read more