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Texas Securities Regulator Fines Robinhood Financial For System Outages & Faulty Supervision-Austin, TX
Robinhood Financial Sanctioned by Texas Securities Regulator Austin, TX-June 2023 The Texas State Securities Board (TSSB) entered into a Consent Order with Robinhood Financial LLC, a registered broker dealer headquartered in Lake Mary, Florida. According to the TSSB Consent Order, Robinhood Financial was found to have numerous operational failures, including: Failure to have a reasonably…
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#finra arbitration attorney#recover investment losses#Robinhood Financial LLC#stockbroker malpractice#stockbroker negligence#texas securities attorney#texas securities fraud lawyer#texas state securities board actions
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(I had to recreate this post from the original person since it wouldn’t reblog for me)
LEGEND
BENAVIDEZ, ROY P.
Rank and organization: Master Sergeant. Organization: Detachment B-56, 5th Special Forces Group, Republic of Vietnam
Place and date: West of Loc Ninh on May 2, 1968
Entered service at: Houston, Texas June 1955
Born: August 5, 1935, DeWitt County, Cuero, Texas.
Master Sergeant (then Staff Sergeant) Roy P. BENAVIDEZ United States Army, distinguished himself by a series of daring and extremely valorous actions on 2 May 1968 while assigned to Detachment B56, 5th Special Forces Group (Airborne), 1st Special Forces, Republic of Vietnam.
On the morning of 2 May 1968, a 12-man Special Forces Reconnaissance Team was inserted by helicopters of the 240th Assault Helicopter Company in a dense jungle area west of Loc Ninh, Vietnam to gather intelligence information about confirmed large-scale enemy activity. This area was controlled and routinely patrolled by the North Vietnamese Army. After a short period of time on the ground, the team met heavy enemy resistance, and requested emergency extraction. Three helicopters attempted extraction, but were unable to land due to intense enemy small arms and anti-aircraft fire.
Sergeant BENAVIDEZ was at the Forward Operating Base in Loc Ninh monitoring the operation by radio when these helicopters, of the 240th Assault Helicopter Company, returned to off-load wounded crew members and to assess aircraft damage. Sergeant BENAVIDEZ voluntarily boarded a returning aircraft to assist in another extraction attempt. Realizing that all the team members were either dead or wounded and unable to move to the pickup zone, he directed the aircraft to a nearby clearing where he jumped from the hovering helicopter, and ran approximately 75 meters under withering small arms fire to the crippled team.
Prior to reaching the team’s position he was wounded in his right leg, face, and head. Despite these painful injuries, he took charge, repositioning the team members and directing their fire to facilitate the landing of an extraction aircraft, and the loading of wounded and dead team members. He then threw smoke canisters to direct the aircraft to the team’s position. Despite his severe wounds and under intense enemy fire, he carried and dragged half of the wounded team members to the awaiting aircraft. He then provided protective fire by running alongside the aircraft as it moved to pick up the remaining team members. As the enemy’s fire intensified, he hurried to recover the body and classified documents on the dead team leader.
When he reached the leader’s body, Sergeant BENAVIDEZ was severely wounded by small arms fire in the abdomen and grenade fragments in his back. At nearly the same moment, the aircraft pilot was mortally wounded, and his helicopter crashed. Although in extremely critical condition due to his multiple wounds, Sergeant BENAVIDEZ secured the classified documents and made his way back to the wreckage, where he aided the wounded out of the overturned aircraft, and gathered the stunned survivors into a defensive perimeter. Under increasing enemy automatic weapons and grenade fire, he moved around the perimeter distributing water and ammunition to his weary men, reinstilling in them a will to live and fight. Facing a buildup of enemy opposition with a beleaguered team, Sergeant BENAVIDEZ mustered his strength, began calling in tactical air strikes and directed the fire from supporting gunships to suppress the enemy’s fire and so permit another extraction attempt.
He was wounded again in his thigh by small arms fire while administering first aid to a wounded team member just before another extraction helicopter was able to land. His indomitable spirit kept him going as he began to ferry his comrades to the craft. On his second trip with the wounded, he was clubbed from behind by an enemy soldier. In the ensuing hand-to-hand combat, he sustained additional wounds to his head and arms before killing his adversary.[5][note 1] He then continued under devastating fire to carry the wounded to the helicopter. Upon reaching the aircraft, he spotted and killed two enemy soldiers who were rushing the craft from an angle that prevented the aircraft door gunner from firing upon them. With little strength remaining, he made one last trip to the perimeter to ensure that all classified material had been collected or destroyed, and to bring in the remaining wounded.
Only then, in extremely serious condition from numerous wounds and loss of blood, did he allow himself to be pulled into the extraction aircraft. Sergeant BENAVIDEZ’ gallant choice to join voluntarily his comrades who were in critical straits, to expose himself constantly to withering enemy fire, and his refusal to be stopped despite numerous severe wounds, saved the lives of at least eight men. His fearless personal leadership, tenacious devotion to duty, and extremely valorous actions in the face of overwhelming odds were in keeping with the highest traditions of the military service, and reflect the utmost credit on him and the United States Army.
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Multinational conglomerate Unilever, the owner of some 400 brands, announced Tuesday it is spinning off its ice cream business — including major names like Ben & Jerry's, Breyers, Magnum, Popsicle and Klondike — after more than a century.
The consumer goods giant said the move was part of a growth strategy that would create a leaner business. At the same time, by shedding Ben & Jerry's, Unilever is ridding itself of a longtime headache.
Since its founding in 1978, Ben & Jerry's has been known for its left-leaning advocacy, and the Vermont-based ice cream maker was able to maintain an independent board of directors to continue its progressive activism even after it sold to Unilever in 2000.
But in recent years, the unique structure of the deal that allowed Ben & Jerry's to wade into controversial issues without interference has pulled Unilever into the fray, too.
The biggest lightening rod began in July 2021, when Ben & Jerry’s announced it would no longer sell its products to Israelis in the West Bank, which the company refers to as Occupied Palestinian Territory.
The move sparked outrage from both sides of the political aisle amid accusations that the company was boycotting Israel as part of the boycott, divest, sanctions (BDS) movement, which Ben & Jerry's denied. Israel threatened to take action against Unilever over the move, and U.S. lawmakers called on the Securities and Exchange Commission to launch a probe into the parent company.
Unilever — which has repeatedly distanced itself from Ben & Jerry's political takes and said it has never supported the BDS movement — sold the Ben & Jerry’s ice cream operations in Israel in June 2022 in an attempt to stem the controversy, but its subsidiary's activism has continued to tarnish the brand and drag Unilever with it.
Ben & Jerry's was also hit with its own boycott threat last year after the company angered some Americans on Independence Day with a post on Twitter (now X) that read, "This 4th of July, it's high time we recognize that the US exists on stolen Indigenous land and commit to returning it."
Several U.S. states have divested their public employee retirement funds from Unilever over Ben & Jerry's ending sales of its products in parts of Israel, including Arizona, Florida, Illinois, New Jersey, New York, Texas and most recently North Carolina.
North Carolina State Treasurer Dale Folwell, a Republican, told FOX Business in an interview earlier this year that it’s not likely Unilever anticipated allowing Ben & Jerry's to have its own board would lead to so many problems.
"I don’t know the people at Ben & Jerry’s. I respect their entrepreneurship. I think when they signed the contract, Ben & Jerry’s anticipated something like this," said Folwell, also a 2024 candidate for governor.
"Unilever didn’t anticipate anything like this," he continued. "Generally, when a parent tells a kid not to do something, they expect them to listen."
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a small selection of some of the more disturbing position statements from the 2024 Texas Republican platform https://texasgop.org/official-documents/#platform
Support restoring state sovereignty with the repeal of the 17th Amendment of the US Constitution and the appointment of US Senators by the state legislatures
We support affirmation of God, including prayer, the Bible, and the Ten Commandments being returned to our schools, courthouses, and other government buildings.
We urge lawmakers to enact legislation to abolish abortion by immediately securing the right to life and equal protection of the laws to all preborn children from the moment of fertilization, because abortion violates the United States Constitution by denying such persons the equal protection of the law.
We oppose environmentalism, or “climate change“ initiatives, that obstruct legitimate business interests and private property use, including the regulatory use limitation and confiscation by governmental agencies. We support the reclassification of carbon dioxide as a non-pollutant, abolition of the Environmental Protection Agency, and repeal of the Endangered Species Act.
We support legislation to prohibit the use of any government funds, as well as the transportation of pregnant women across Texas’ state lines, for the purpose of procuring an elective abortion and for the provision of a private right of action against all persons and organizations who aid and abet in the harming of the woman, and the killing of her pre-born child.
We urge the Legislature and the State Board of Education to require instruction on the Bible, servant leadership, and Christian self-governance. We support the use of chaplains in schools to counsel and give guidance from a traditional biblical perspective based on Judeo-Christian principles with the informed consent of a parent.
As long as parents are responsible for an adult child, through college or the age of 26 when children are on the parents’ insurance, the parents must have access to medical information, grades, and other information normally afforded to parents of minor children.
We support abolishing the Texas Child Mental Health Care Consortium, the trauma-informed care policy, school-based mental health providers, school-based or school-connected mental health interventions, and any other public school programs that serve to expand access to minors. Legislators shall prohibit all reproductive healthcare services in public schools.
We believe the Obergefell v. Hodges decision, overturning the Texas law prohibiting same-sex marriage in Texas, has no basis in the Constitution and should be nullified.
The Texas Family Code shall be completely rewritten with regards to No-Fault Divorce and Child Custody. Suits related to these topics shall be delineated in such a way as to remove the need for any but the most minimal judicial interaction, and promote the maintenance of the traditional family via required intervention or counseling prior to any decree of divorce. We urge the Legislature to rescind unilateral no-fault divorce laws, to support covenant marriage, and to pass legislation extending the period of time in which a divorce may occur to six months after the date of filing for divorce.
We recognize that we are living in a time of geopolitical upheaval and unprecedented complexity of threats to our liberties, constitutional governance, and national sovereignty. These threats emanate from “globalist” agents both within and outside our borders. The United States is a sovereign nation founded on the principles of freedom. We reject any assertion of authority over our nation or its citizens from foreign individuals or entities, such as the World Economic Forum, World Health Organization, and the United Nations. We stand firmly against the concept of a One World Government or The Great Reset.
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By: Aaron Sibarium
Published: Jun 12, 2024
Congressional Republicans introduced a bill on Wednesday that would eliminate all diversity, equity, and inclusion positions in the federal government and bar federal contractors from requiring DEI statements and training sessions.
The Dismantle DEI Act, introduced by Sen. J.D. Vance (R., Ohio) and Rep. Michael Cloud (R., Texas), would also bar federal grants from going to diversity initiatives, cutting off a key source of support for DEI programs in science and medicine. Other provisions would prevent accreditation agencies from requiring DEI in schools and bar national securities associations, like NASDAQ and the New York Stock Exchange, from instituting diversity requirements for corporate boards.
"The DEI agenda is a destructive ideology that breeds hatred and racial division," Vance told the Washington Free Beacon. "It has no place in our federal government or anywhere else in our society."
The bill is the most comprehensive legislative effort yet to excise DEI initiatives from the federal government and regulated entities. It offers a preview of how a Republican-controlled government, led by former president Donald Trump, could crack down on the controversial diversity programs that have exploded since 2020, fueled in part by President Joe Biden’s executive orders mandating a "whole-of-government" approach to "racial equity."
From NASA and the National Science Foundation to the Internal Revenue Service and the U.S Army, all federal agencies require some form of diversity training. Mandatory workshops have drilled tax collectors on "cultural inclusion," military commanders on male pregnancy, and nuclear engineers on the "roots of white male culture," which—according to a training for Sandia National Laboratories, the Energy Department offshoot that designs America’s nuclear arsenal—include a "can-do attitude" and "hard work."
The Sandia training, conducted in 2019 by a group called "White Men As Full Diversity Partners," instructed nuclear weapons engineers to write "a short message" to "white women" and "people of color" about what they’d learned, according to screenshots of the training obtained by the Manhattan Institute’s Christopher Rufo.
The bill would ban these trainings and close the government DEI offices that conduct them. It would also prevent personnel laid off by those closures from being transferred or reassigned—a move meant to stop diversity initiatives from continuing under another name.
The prohibitions, which cover outside DEI consultants as well as government officials, would be enforced via a private right of action and could save the government billions of dollars. In 2023, the Biden administration spent over $16 million on diversity training for government employees alone. It requested an additional $83 million that year for DEI programs at the State Department and $9.2 million for the Office of Personnel Management’s Office of Diversity, Equity, Inclusion and Accessibility—one of the many bureaucracies the bill would eliminate.
A large chunk of savings would come from axing DEI grants made through the National Institutes of Health (NIH), which has a near monopoly on science funding in the United States. The agency hosts an entire webpage for "diversity related" grant opportunities—including several that prioritize applicants from "diverse backgrounds"—and has set aside billions of dollars for "minority institutions" and researchers with a "commitment to promoting diversity." All of those programs would be on the chopping block should Vance and Cloud’s bill pass.
Cosponsored by Marsha Blackburn (R., Tenn.), Rick Scott (R., Fla.), Kevin Cramer (R., N.D.), Bill Cassidy (R., La.), and Eric Schmitt (R., Mo.) in the Senate, the Dismantle DEI Act has drawn support from prominent conservative advocacy groups, including Heritage Action and the Claremont Institute. At a time of ideological fracture on the right—debates about foreign aid and the proper role of government bitterly divided Trump’s primary challengers, for example, both in 2016 and 2024—Wednesday’s bill aims to provide a rallying cry most Republicans can get behind: DEI needs to die.
"It’s absurd to fund these divisive policies, especially using Americans' tax dollars," Cloud told the Free Beacon. "And it’s time for Congress to put an end to them once and for all."
The bill has the potential to free millions of Americans—both in government and the private sector—from the sort of divisive diversity trainings that have become an anti-woke bête noire. Its most consequential provisions might be those governing federal contractors, which employ up to a fifth of the American workforce and include companies like Pfizer, Microsoft, Lockheed Martin, and Verizon.
Each firm runs a suite of DEI programs, from race-based fellowships and "resource groups" to mandatory workshops, that have drawn public outcry and in some cases sparked legal challenges. By targeting these contractors, the bill could purge DEI from large swaths of the U.S. economy without directly outlawing the practice in private institutions.
Targeting accreditors, meanwhile, could remove a key driver of DEI programs in professional schools. The American Bar Association and the Liaison Committee on Medical Education, which accredit all law and medical schools in the United States and derive much of their power from the U.S. Department of Education, have both made DEI material—including course content on "anti-racism"—a requirement for accreditation, over the objections of some of their members.
Those mandates have spurred a handful of law schools to require entire classes on critical race theory. The transformation has been even more acute at medical schools, which, per accreditation guidelines released in 2022, should teach students to identify "systems of power, privilege, and oppression."
Yale Medical School now requires residents to take a mandatory course on "advocacy" and "health justice," for example. And at the University of California, Los Angeles, David Geffen School of Medicine, students must complete a "health equity" course that promotes police abolition, describes weight loss as a "hopeless endeavor," and states that "biomedical knowledge" is "just one way" of understanding "health and the world."
While the bill wouldn’t outlaw these lessons directly, it would prevent accreditors recognized by the Education Department from mandating them. Such agencies, whose seal of approval is a prerequisite for federal funds, would need to certify that their accreditation standards do not "require, encourage, or coerce any institution of higher education to engage in prohibited" DEI practices, according to the text of the bill. They would also need to certify that they do not "assess the commitment of an institution of higher education to any ideology, belief, or viewpoint" as part of the accreditation process.
Other, more technical provisions would eliminate diversity quotas at federal agencies and end a racially targeted grant program in the Department of Health and Human Services.
Unlike past GOP efforts to limit DEI, which have focused on the content of diversity trainings and the use of explicit racial preferences, the bill introduced Wednesday would also ax requirements related to data collection. It repeals a law that forces the armed services to keep tabs on the racial breakdown of officers, for example, as well as a law that requires intelligence officials to collect data on the "diversity and inclusion efforts" of their agencies.
Though officials could still collect the data if they so choose, the bill would mark a small step toward colorblindness in a country where racial record-keeping—required by many federal agencies—has long been the norm.
"DEI destroys competence while making Americans into enemies," said Arthur Milikh, the director of the Claremont Institute Center for the American Way of Life, one of the conservative groups supporting the bill. "This ideology must be fought, and its offices removed."
==
I don't care who raised it. If the Dems raised it, I'd support it. DEI is absolute poison.
#Aaron Sibarium#DEI#diversity equity and inclusion#diversity#equity#inclusion#DEI bureaucracy#DEI must die#merit#make merit matter#meritocracy#academic corruption#ideological capture#ideological corruption#diversity programs#religion is a mental illness
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Opening Your CNA License Number: A Step-by-Step Guide to Finding Yours Easily!
Unlocking Your CNA License Number: A Step-by-Step Guide to Finding Yours Easily!
If you’re a Certified Nursing Assistant (CNA),knowing how to find your CNA license number is crucial for various professional and personal reasons. Whether you’re applying for jobs,renewing your license,or need it for educational opportunities,your CNA license number serves as an essential identifier. In this guide, we’ll take you step-by-step through the process of unlocking your CNA license number easily and efficiently.
Understanding the CNA License Number
Your CNA license number is a unique identifier assigned to every Certified Nursing Assistant to track certifications, renewals, and any disciplinary actions. It’s important to keep this number handy for:
Job applications
License renewals
Verification of credentials
Continuing education requirements
Step 1: Gather Necessary Information
Before you start the process, ensure you have the following details ready:
Your full name (as it appears on your certification)
date of birth
State where you received your CNA certification
Last four digits of your Social Security Number (if applicable)
Step 2: Visit the Appropriate State Website
Your CNA license number is managed by the State Board of Nursing or similar regulatory body in your state. Follow these steps:
Search for your state’s Board of Nursing website.
Navigate to the licensing or credentials verification section.
Look for links labeled “License Verification,” “Check Your License,” or similar.
Tips to identify Your State’s Website Efficiently
Here are some tips to make your search easier:
use specific keywords such as “CNA license verification [your state].”
Check state government websites to avoid unofficial sources.
Bookmark the site for future reference.
Step 3: Enter Your Information
Once you are on the verification page, simply enter the required details you gathered:
Input your full name.
Select your state.
Fill in your date of birth and Social Security number (if required).
Step 4: Retrieve Your CNA License Number
After entering your information, submit the form. The system will process your request and should display your CNA license number if your details are correct.
What to Do If You Can’t Find Your CNA License Number
In certain specific cases, you may not find your license number or may encounter issues during verification. Here are the steps to take:
Double-check the information you provided for accuracy.
contact your state’s Board of Nursing directly through phone or email.
Request assistance with your verification process.
Consider checking with your previous employer for records.
Benefits of Knowing your CNA License Number
understanding and keeping track of your CNA license number offers several advantages:
Professional Validation: Employers frequently enough verify licenses to ensure that their staff is qualified.
Job Mobility: If you’re moving states, knowing your license number can expedite the transfer process.
Renewal Ease: Having your license number handy makes the renewal process smoother.
First-Hand Experience: A CNA’s Outlook
Here’s what Laura, a CNA from California, had to say about her experience:
“I remember the struggle I faced while trying to find my CNA license number. I ended up spending hours searching online. However, once I learned the process, it became much easier for me to manage my credentials.I encourage new CNAs to keep track of their license number from the beginning.”
— laura, CNA
Case Study: Successful License Recovery
Name
State
Outcome
Michael Johnson
Texas
Recovered license number after contacting the state board.
Emily Davis
california
Found license number online with ease.
Sarah Lee
New York
Struggled but succeeded after verifying with previous employer.
Conclusion
Finding your CNA license number may seem daunting at first, but with the right steps, it can be a straightforward process. Always keep your license information readily available, as it can significantly impact your career as a Certified Nursing Assistant. By following this guide, you can unlock the path to your CNA license number quickly and efficiently, easing a few hurdles along your professional journey.
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Vital Guide to Texas Board of Nursing CNA Certification: Steps, Requirements, and Key Tips
Essential Guide to Texas Board of Nursing CNA Certification
Essential Guide to Texas Board of Nursing CNA Certification: Steps,Requirements,and Key Tips
Becoming a Certified nursing Assistant (CNA) in Texas is an important step toward a rewarding career in healthcare.This thorough guide will walk you through the entire certification process,highlighting the critical steps,requirements,critically important tips,and benefits of becoming a CNA. Whether you’re just starting your journey or looking to enhance your skills, this guide has everything you need!
Understanding the Role of a CNA
A Certified Nursing Assistant plays a vital role in the healthcare system, providing essential care to patients under the supervision of registered nurses (RNs) or licensed practical nurses (LPNs). Typical responsibilities include:
Assisting patients with daily activities, such as bathing, dressing, and feeding.
Monitoring patients’ vital signs and reporting any changes to medical staff.
Providing emotional support and companionship to patients and their families.
Maintaining cleanliness and safety within the patient environment.
Steps to Obtain your CNA Certification in texas
1. Meet the Basic Requirements
To begin the certification journey, ensure you meet the following prerequisites:
You must be at least 18 years old.
You must possess a high school diploma or GED.
you must pass a criminal background check.
2. Enroll in a State-Approved CNA Training Program
Finding a suitable training program is crucial. Texas requires that you complete an approved CNA training program consisting of at least 75 hours of training, which includes both classroom instruction and hands-on clinical practice.
3. Complete the Training Program
Within your training, you will learn vital caregiving skills, including:
Basic nursing skills
Emergency procedures
Patient safety
Communication skills
4. Pass the CNA Certification Exam
After completing your training, you must pass both a written and a skills assessment examination. This exam evaluates your knowledge and ability to perform essential CNA tasks.
exam Component
description
Written Test
Tests your theoretical knowledge of CNA duties and procedures.
Skills Test
Evaluates your practical skills in a simulated environment.
5. Apply for Certification
Once you pass the exam, it’s time to apply for your CNA certification through the Texas Board of Nursing. You’ll need to submit proof of your training completion and exam results.
6. Maintain Your Certification
To retain your CNA certification, ensure you fulfill continuing education requirements and renew your certification every two years.
Key Tips for Aspiring CNAs
Here are some actionable tips to help you succeed on your path to becoming a CNA in Texas:
Choose the right Program: Research different training programs to ensure they are accredited and reputable.
stay Organized: Keep track of your training hours, exam schedules, and application deadlines.
Practice Skills: Make use of simulation labs and practical exercises to become proficient in essential skills.
Network: Connect with other nursing students and professionals to gain insights and support.
benefits of Becoming a CNA in Texas
choosing a career as a CNA in Texas presents numerous benefits:
High Demand: CNAs are in high demand across the state, providing excellent job security.
Entry into Healthcare: It serves as a stepping stone for further nursing qualifications, such as LPN or RN.
Flexible Hours: Many healthcare facilities offer various shifts, accommodating different lifestyles.
personal Fulfillment: Many CNAs find great satisfaction in helping patients and making a difference in their lives.
First-Hand Experiance: Insights from a Certified Nursing Assistant
“Becoming a CNA was one of the best decisions I made. The training was challenging, but the support from instructors helped me every step of the way. Working closely with patients every day has taught me so much about compassion and patience.” – Emily, Licensed CNA
Case Study: Successful cnas in Texas
Here’s how two Texas CNAs utilized their certification to advance their careers in healthcare:
John: Started as a CNA and moved on to become an LPN, now works in a local hospital’s emergency department.
Sofia: Used her experience as a CNA to apply for RN programs, now excels in pediatrics at a children’s hospital.
Conclusion
Becoming a Certified Nursing Assistant in Texas can pave the way for a fulfilling career in healthcare. By following the outlined steps, meeting the required criteria, and embracing the essential tips provided, you can successfully navigate the certification process.Whether you’re starting your nursing journey or simply seeking a rewarding job in healthcare, earning your CNA certification is a crucial step that brings numerous personal and professional benefits. Begin your journey today and make a difference in the lives of others!
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Step-by-Step Guide to Renew Your Dental Assistant License in Texas: Essential Tips & Requirements
Step-by-Step Guide to Renew Your Dental Assistant License in Texas
Step-by-Step Guide to Renew Your Dental Assistant License in Texas: Essential Tips & Requirements
If you are a Dental Assistant in Texas, keeping your license current is crucial for your career. This step-by-step guide will walk you through the process of renewing your dental assistant license in Texas, detailing the essential requirements and offering practical tips along the way. With the right information, you can make this process smooth and stress-free!
Why Do You Need to Renew Your Dental Assistant License?
Renewing your dental assistant license in Texas is vital for several reasons:
Compliance: Ensures you are legally allowed to practice.
Professional Recognition: Maintains your credibility in the field.
Continued Education: Keeps you updated on the latest dental practices and technologies.
Eligibility Criteria for Renewal
Before you begin the renewal process, ensure you meet the following eligibility criteria:
Your current license must be valid and not expired.
You must complete the required Continuing Education (CE) hours.
No disciplinary actions should be pending against your license.
Step-by-Step Guide to Renewing Your License
Step 1: Complete Required Continuing Education
In Texas, dental assistants are required to complete a minimum of 12 hours of continuing education every 24 months before renewing their license. Here’s how to fulfill this requirement:
Enroll in an accredited dental continuing education program.
Audit the courses available on platforms like the Texas State Board of Dental Examiners (TSBDE) website.
Keep a record of your course completion certificates.
Step 2: Gather Necessary Documentation
Keep the following documents ready for submission:
Proof of completed continuing education.
Current identification (e.g., driver’s license).
Documentation for any disciplinary actions if applicable.
Step 3: Complete the Renewal Application
You can renew your dental assistant license online through the TSBDE portal. Here’s how:
Create an account or log in to the TSBDE online renewal system.
Fill in your personal and professional details.
Upload the necessary documentation.
Review the information and submit your application.
Step 4: Pay the Renewal Fee
The renewal fee for a dental assistant license in Texas typically ranges from $50 to $100. Payment can be made via credit card when submitting your application online. Be sure to keep a receipt for your records.
Step 5: Await Confirmation
After submission, you will receive a confirmation email detailing your application status. It may take a few weeks for the renewal to be processed. Keep an eye on your email for updates!
Important Tips for a Smooth Renewal Process
Start Early: Begin the renewal process well before your license expiration date to avoid any last-minute stress.
Track CE Hours: Use a log to keep track of your continuing education hours and ensure you meet the requirements.
Stay Updated: Regularly check the TSBDE website for any changes in the renewal process or requirements.
Benefits of Renewing Your Dental Assistant License
Keeping your license renewed can provide a variety of benefits:
Career Advancement: A current license opens up more job opportunities.
Job Security: Employers prefer candidates with up-to-date certifications.
Professional Development: Continuing education expands your skills and knowledge in the dental field.
Case Study: Successful Renewal Experiences
Meet Jessica, a dental assistant in Houston. Last year, she experienced some challenges meeting her continuing education requirements. By planning early and attending a local seminar, she managed to earn enough CE hours comfortably ahead of her license renewal date, allowing her to focus on her work without the stress of an impending deadline.
First-Hand Experience: What It’s Like to Renew Your License
“I was nervous at first, thinking I might forget something in the process. However, using the TSBDE online portal made it straightforward. I tracked my hours well and had all my documents ready. The confirmation email came through quickly, and I was relieved to know my license would continue without interruption!” – Sarah W., Dental Assistant
Conclusion
Renewing your dental assistant license in Texas doesn’t have to be overwhelming. By following this step-by-step guide, ensuring you meet all requirements, and preparing in advance, you can smoothly navigate the process. Keep your skills sharp, your license valid, and ��take the next steps toward enhancing your career in the dental field!
Frequently Asked Questions
Question
Answer
How often do I need to renew my license?
Every 24 months.
Where can I find continuing education courses?
On the TSBDE website or local dental associations.
What if my license has expired?
You may need to meet additional requirements; contact TSBDE for guidance.
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Essential Guide to Renewing Your CNA License: Steps, Tips, and Deadlines
Essential Guide to Renewing Your CNA License: Steps, Tips, and Deadlines
If you’re a Certified Nursing Assistant (CNA), you understand the importance of keeping your license current. In this essential guide, we’ll take you through the steps, tips, and deadlines for renewing your CNA license, ensuring you remain compliant and ready to provide quality care.
Understanding the CNA License Renewal Process
Renewing your CNA license may seem daunting, but with a clear roadmap, the process can be straightforward. Various state regulations govern CNA licenses; thus, understanding local requirements is crucial. This guide provides general steps applicable in most states while mentioning specific variations where necessary.
Step-by-Step Process for Renewing Your CNA License
Check Your License Status
First, determine if your CNA license is eligible for renewal. Check with your state’s nursing board or regulatory agency for your current status. This can often be done online.
Complete Required Continuing Education
Most states require CNAs to complete a certain number of continuing education (CE) hours before renewal. Stay updated on your state’s specific requirements.
Typical CE Requirements:
State
CE Hours Required
Frequency
California
48 hours
Every 2 years
Florida
24 hours
Every 2 years
Texas
24 hours
Every 2 years
Gather Documentation
Prepare all necessary documents for your renewal application, which may include:
Proof of completed CE hours
Current employment verification
Any additional state-specific forms
Submit Renewal Application
Fill out your state’s renewal application and submit it along with the required fees and documentation. Double-check all forms to avoid delays.
Pay Renewal Fees
Be prepared to pay the renewal fee, which varies by state. Keep a record of your payment in case it’s required for proof.
Await Confirmation
After submission, monitor your application status and ensure you receive confirmation of your renewed license. This may take a few weeks.
Key Deadlines for CNA License Renewal
Timing is everything when it comes to renewing your CNA license. Be aware of these key deadlines:
Typical Renewal Schedule:
Event
Deadline
Application Submission
At least 30 days before expiration
Continuing Education Completion
Prior to application submission
Payment of Fees
Along with application submission
Grace Period
Varies by state (check local laws)
Tips for a Smooth Renewal Process
Consider the following tips to ensure a hassle-free renewal of your CNA license:
Stay Educated: Regularly review your state’s renewal requirements and changes to laws affecting CNAs.
Early Action: Don’t wait until the last minute. Start the renewal process early to avoid any compliance issues.
Maintain Records: Keep copies of all documents submitted. This will be crucial in case of discrepancies.
Stay Updated on CE Opportunities: Look for workshops and courses that fulfill continuing education requirements.
Network with Other CNAs: Join forums or local groups to share tips and get support on the renewal process.
Benefits of Keeping Your CNA License Current
Renewing your CNA license not only ensures compliance with the law but also brings numerous benefits:
Career Advancement: A current license opens doors to better job opportunities and promotions.
Increased Earning Potential: Maintaining licensure can lead to higher pay rates and job security.
Continued Education: Regular training and education improve your skills, benefiting both you and your patients.
Professional Reputation: A current license enhances your credibility and reliability in the healthcare field.
First-Hand Experiences
Many CNAs have shared their renewal experiences to help others in the field. For example, Jane, a CNA from Texas, highlights the importance of staying ahead of deadlines and leveraging online courses for her continuing education. She emphasizes that maintaining organization and following a checklist helped her avoid last-minute stress and confusion.
Conclusion
Renewing your CNA license is an essential part of your professional journey as a caregiver. By following these steps, understanding deadlines, and keeping educational documentation in check, you can ensure a smooth renewal process. Remember, staying current not only benefits you professionally but ultimately enhances the quality of care you provide. Embrace the renewal process as an opportunity for growth, and always keep your skills sharp.
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By J. David Goodman
Nearly nine years after his indictment on charges of felony security fraud, Ken Paxton, the Texas attorney general, reached a deal with prosecutors on Tuesday to avoid a criminal trial that had been set to begin next month.
The deal, announced by the prosecutors and lawyers for Mr. Paxton during a hearing in Houston, does not involve any admission of guilt but requires Mr. Paxton to pay nearly $300,000 in restitution, take legal ethics classes and perform 100 hours of community service.
At the hearing, the judge in the case, Andrea Beall, asked questions but observed that the agreement had been made between the parties and the court could not block it.
“No judge can force a prosecutor to present evidence or call witnesses,” Judge Beall said. “This court does not have any say in this contract,” she added, before asking Mr. Paxton, who sat silently in the courtroom, if the signature on the document was his.
“Yes it is,” Mr. Paxton replied.
For Mr. Paxton, a three-term Republican incumbent, the agreement amounted to another victory over opponents who have long hoped that his legal troubles would lead to his political undoing. Last year, Mr. Paxton survived an impeachment by fellow Republicans in the Texas House over separate accusations of corruption and abuse of power made by his former top aides at the attorney general’s office.
A lawyer for Mr. Paxton, Dan Cogdell, said on Tuesday that the attorney general was glad to put the securities fraud case behind him. He underscored that the agreement was not a “plea bargain” and did not represent any admission of wrongdoing on Mr. Paxton’s part.
“He didn’t plead; there is no admission of guilt,” said Mr. Cogdell during a news conference after the hearing. “There will never be an admission of guilt because he’s not guilty.”
The deal appeared to put an end to a nearly decade-long legal saga that has seen the case delayed repeatedly, moved between Texas counties and ultimately set for a trial in Houston — far from Mr. Paxton’s home turf of Collin County, north of Dallas, where a grand jury handed up an indictment in 2015 and where Mr. Paxton has deep political ties.
The charges, which include two counts of felony securities fraud, stemmed from actions by Mr. Paxton when he was a member of the Texas House of Representatives, before his election as attorney general.
Mr. Paxton was accused of misleading investors in 2011 into putting money into a Dallas-area technology company without disclosing to them that he was making a commission on their investments. The investors included Mr. Paxton’s friends and a fellow state representative at the time. Mr. Paxton was also charged with failing to register with the state securities board.
Some of the accusations hung over Mr. Paxton’s first run for attorney general in 2014. But he was not indicted until several months into his first term as the state’s top lawyer.
Because of his political ties, the local district attorney in Collin County recused himself and appointed a pair of special prosecutors. The case languished for years as Mr. Paxton’s lawyers fought over the proper venue for a trial and the level of pay for the special prosecutors.
One of the special prosecutors, Brian Wice, said in an interview that the deal announced on Tuesday was “the fair, right and just thing for both sides.”
“The question wasn’t whether anyone was going to win,” Mr. Wice added. “The question was whether we had honored our oath to seek justice, and that’s what we believe that we did.”
Supporters of Mr. Paxton, including the lieutenant governor, Dan Patrick, celebrated the deal on Tuesday. Mr. Patrick presided over the trial by the Republican-dominated Texas Senate that acquitted Mr. Paxton after his impeachment.
“This bears a striking similarity to the impeachment debacle,” Mr. Patrick said in a statement. “The political hit squad in the Texas House failed again in their persecution of Ken Paxton.”
Mr. Cogdell, the lawyer for Mr. Paxton, also represented the attorney general during the impeachment trial and said that both proceedings were motivated by politics.
“They were shots fired from different grassy knolls,” Mr. Cogdell said in an interview. “He would not have been charged but for the politics of it.”
Mr. Cogdell added that he believed Mr. Paxton would have been acquitted of the securities fraud charges but accepted the deal because of the uncertainty of a jury trial.
Mr. Paxton has 18 months to complete the terms of the deal. Failure to fulfill them could result in a resumption of the criminal case. If that were to happen, there would be no more delays, Judge Beall said, and she would set a “very speedy trial.”
https://www.nytimes.com/2024/03/26/us/politics/texas-attorney-general-ken-paxton-texas-plea-deal-securities-fraud.html?searchResultPosition=4
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Texas Securities Regulator Cracks Down on Fraudulent Artificial Intelligence Investment Scheme-Austin, TX
Fraudulent Artificial Intelligence Investment Scheme Target of Texas Securities Regulator Austin, TX-April 2023 The Texas State Securities Board (TSSB) issued an emergency Cease and Desist Order against Bucharest, Romania based YieldTrust.AI and Stefan Ciopraga. According to the TSSB Order, YieldTrust.AI is illegally marketing its dApp , known as YieldBot, through its Internet website, its…
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#ponzi scheme#recover investment losses#Stefan Ciopraga#stockbroker malpractice#texas state securities board actions#YieldBot#YieldTrust.AI
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[ad_1] Indian-Americans are celebrating Donald Trump’s victory in the presidential election, expressing optimism about the potential benefits for the economy, border security, and global peace. Donald Trump has secured a second term as president after winning crucial battleground states. This victory marks a significant comeback for Trump, who lost his re-election bid in 2020 to President Joe Biden. Avinash Gupta, President of the Foreign Indian Association, believes Trump’s good rapport with Prime Minister Narendra Modi will strengthen India-US relations. Gupta cited local factors like inflation, open borders, and ongoing wars as key concerns that influenced Indian-American voters. “They voted what was best for India -America friendship. President Trump has a good rapport with PM Modi. Local factors such as inflation, open borders and ongoing wars also came into play. We are looking forward to course correction and having a better economy, secured borders and global peace,” he said. Alok Kumar Indian- American community leader, NJ&NY (Chairman Bihar Foundation USA East Coast & Past President & Board of trustee -FIA-NYNJCT&NE), emphasised the shared values between India and the US as the world’s largest and oldest democracies. “As the oldest and largest democracies, the United States and India share a natural bond rooted in shared values and a mutual commitment to global peace. President Trump and Prime Minister Modi have emphasised ending global conflicts and fostering harmony, a vision that I believe the new administration will continue to uphold,” he said. Kumar highlighted the strong personal rapport between Trump and Modi, evidenced by landmark visits like Trump’s trip to Gujarat and Modi’s “Howdy Modi” event in Texas. Kumar is confident that the new administration will uphold the vision of promoting global peace and strengthening strategic, economic, and cultural partnerships. “The strong personal rapport between past leaders–evidenced by landmark visits like President Trump’s visit to Gujarat and Prime Minister Modi’s ‘Howdy Modi’ event in Texas–has solidified this relationship, making it more resilient. With a new administration, I’m confident we’ll see further strengthening of our strategic, economic, and cultural partnerships, benefiting both our nations and promoting a peaceful, prosperous world,” Kumar added. Anil Bansal from New Jersey, a businessperson and former chairperson of Indus American Bank, acknowledged the election results and expressed hope that Trump’s administration will serve all Americans. Despite disagreements with Trump’s policies, Bansal, a supporter of Kamala Harris, committed to staying engaged and working toward positive change, striving for a future guided by unity and respect. “I want to acknowledge the results of this election and accept Donald Trump as the next President. This election season has been intense and very divisive. While I do not agree with many of President Trump’s policies and actions, I sincerely hope that his administration will serve all Americans and address the challenges that we all face. I’m committed to staying engaged and working toward positive change. I hope we can all strive for a future where unity and respect guide us, no matter our differences. I pray for a brighter future for everyone,” he said. (Input from ANI) [ad_2] Source link
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[ad_1] Indian-Americans are celebrating Donald Trump’s victory in the presidential election, expressing optimism about the potential benefits for the economy, border security, and global peace. Donald Trump has secured a second term as president after winning crucial battleground states. This victory marks a significant comeback for Trump, who lost his re-election bid in 2020 to President Joe Biden. Avinash Gupta, President of the Foreign Indian Association, believes Trump’s good rapport with Prime Minister Narendra Modi will strengthen India-US relations. Gupta cited local factors like inflation, open borders, and ongoing wars as key concerns that influenced Indian-American voters. “They voted what was best for India -America friendship. President Trump has a good rapport with PM Modi. Local factors such as inflation, open borders and ongoing wars also came into play. We are looking forward to course correction and having a better economy, secured borders and global peace,” he said. Alok Kumar Indian- American community leader, NJ&NY (Chairman Bihar Foundation USA East Coast & Past President & Board of trustee -FIA-NYNJCT&NE), emphasised the shared values between India and the US as the world’s largest and oldest democracies. “As the oldest and largest democracies, the United States and India share a natural bond rooted in shared values and a mutual commitment to global peace. President Trump and Prime Minister Modi have emphasised ending global conflicts and fostering harmony, a vision that I believe the new administration will continue to uphold,” he said. Kumar highlighted the strong personal rapport between Trump and Modi, evidenced by landmark visits like Trump’s trip to Gujarat and Modi’s “Howdy Modi” event in Texas. Kumar is confident that the new administration will uphold the vision of promoting global peace and strengthening strategic, economic, and cultural partnerships. “The strong personal rapport between past leaders–evidenced by landmark visits like President Trump’s visit to Gujarat and Prime Minister Modi’s ‘Howdy Modi’ event in Texas–has solidified this relationship, making it more resilient. With a new administration, I’m confident we’ll see further strengthening of our strategic, economic, and cultural partnerships, benefiting both our nations and promoting a peaceful, prosperous world,” Kumar added. Anil Bansal from New Jersey, a businessperson and former chairperson of Indus American Bank, acknowledged the election results and expressed hope that Trump’s administration will serve all Americans. Despite disagreements with Trump’s policies, Bansal, a supporter of Kamala Harris, committed to staying engaged and working toward positive change, striving for a future guided by unity and respect. “I want to acknowledge the results of this election and accept Donald Trump as the next President. This election season has been intense and very divisive. While I do not agree with many of President Trump’s policies and actions, I sincerely hope that his administration will serve all Americans and address the challenges that we all face. I’m committed to staying engaged and working toward positive change. I hope we can all strive for a future where unity and respect guide us, no matter our differences. I pray for a brighter future for everyone,” he said. (Input from ANI) [ad_2] Source link
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Opening Your Future: A Complete Guide to Phlebotomy License Lookup and Verification
Unlocking Your Future: A Complete Guide to Phlebotomy License Lookup and Verification
Unlocking Your Future: A Complete Guide to Phlebotomy License Lookup and Verification
Phlebotomy is a rewarding career that plays a critical role in the healthcare system. As a phlebotomist, you’ll enjoy the satisfaction of helping patients while also opening the door to various career advancement opportunities. However, before you can embark on this fulfilling journey, it is essential to understand the importance of phlebotomy license lookup and verification. This guide will walk you through the process, benefits, and practical tips to help you secure your future in phlebotomy.
What is Phlebotomy?
Phlebotomy is the practice of drawing blood from patients for medical testing, transfusions, donations, or research. Phlebotomists are trained professionals who ensure that blood is collected safely and efficiently. In the United States, phlebotomists are often required to hold a valid license or certification, depending on state regulations.
Why Is Phlebotomy License Lookup Important?
Performing a phlebotomy license lookup is crucial for both aspiring phlebotomists and employers. Here are some key reasons:
Verification of Credentials: Ensures that a phlebotomist is licensed and qualified to perform the tasks associated with their job.
Compliance with State Regulations: Different states have varying requirements for phlebotomy practice, making it essential to check license status.
Safeguarding Patient Care: Ensures that patients receive care from qualified professionals, minimizing the risk of errors.
Steps to Conduct a Phlebotomy License Lookup
Conducting a phlebotomy license lookup is a straightforward process. Follow these steps:
Identify the Relevant State Board: Each state has an overseeing body responsible for licensing healthcare professionals.
Visit the State Board’s Website: Most state boards provide an online license verification tool.
Enter the Required Information: Fill in the phlebotomist’s name, license number, and any other information as requested.
Review the License Status: Check the verification results to ensure the license is active and free of disciplinary actions.
Understanding Phlebotomy Licensing Requirements
Licensing requirements for phlebotomists can vary significantly by state. Below is a general summary of what you might expect:
State
Licensing Requirement
Certification Needed
California
State Certificate Required
Yes
Texas
No State License Required
Varies (Preferred)
Florida
Certification Required
Yes
Check with your specific state licensing board to understand detailed requirements.
Benefits of Becoming a Licensed Phlebotomist
Here are some compelling benefits of obtaining a phlebotomy license:
Job Security: Licensed phlebotomists often enjoy higher job stability and demand.
Higher Earnings Potential: A valid license may increase potential earnings through better job opportunities.
Professional Growth: Licensing can open doors to additional certifications and specializations.
Tips for Successfully Navigating License Verification
Here are some practical tips to guide you through the license verification process:
Keep Records: Maintain copies of your license and any certifications for easy access.
Stay Informed: Regularly check the status of your license and stay updated on any regulatory changes.
Use Reliable Sources: Refer to official state board websites for the most accurate and updated information.
Real-Life Case Studies of Successful Phlebotomists
Here are a few inspiring stories showcasing the success of licensed phlebotomists:
Jenna, CA: After obtaining her license, Jenna secured a position in a major hospital. Within two years, she advanced to a supervisory position.
Mark, TX: Mark leveraged his certification to develop skills in laboratory techniques, leading to a promotion in the lab department.
First-Hand Experience: A Phlebotomist’s Journey
During my time as a phlebotomist, the importance of having a valid license became apparent. I had clients ask to see my credentials frequently, giving me the confidence to perform my duties effectively. My career took off after I verified my license through the state board’s website, subsequently applying for a position at a well-respected hospital.
Conclusion
Unlocking your future in phlebotomy starts with understanding the vital role of licensing and verification. By conducting thorough phlebotomy license lookups, you’re not only ensuring compliance with state regulations but also paving the way for a successful and rewarding career. With the right steps and information at your fingertips, you’ll be well on your way to making a significant impact in the healthcare field. Embrace the journey, and unlock the doors to your future in phlebotomy.
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Important Guide to Checking Your CNA License: Ensure Your Credentials Are Valid Today!
Essential Guide to Checking Your CNA License | Ensure Your Credentials Are Valid Today!
Essential Guide to Checking Your CNA License: Ensure Your Credentials Are Valid Today!
As a Certified Nurse Assistant (CNA), your license is not just a piece of paper; it’s a symbol of your dedication to providing quality care. Checking the validity of your CNA license is essential for your career and the safety of your patients. In this comprehensive guide, we’ll explore the steps to verify your CNA license, discuss the benefits of maintaining an active status, provide practical tips, and even share some real-life experiences. Let’s dive in!
Why Checking Your CNA License is Important
Keeping your CNA license current is crucial for several reasons:
Legal Compliance: Ensuring your credentials are valid helps you avoid legal complications that may arise from practicing without a valid license.
Job Security: Employers often require proof of a valid license before hiring or promoting CNA personnel.
Patient Safety: Valid certifications ensure that caregivers are equipped with the latest skills and knowledge to provide safe and effective care.
Professional Growth: Being aware of your certification status opens doors to further education and career advancement opportunities.
How to Check Your CNA License
Verifying your CNA license is a straightforward process. Follow these steps to ensure your credentials are up to date:
Step 1: Visit the State Nursing Board Website
Each state has its own nursing board responsible for regulating nursing professionals. Start by visiting the National Council of State Boards of Nursing (NCSBN) website to find your state’s nursing board:
State
Website
California
rn.ca.gov
Texas
bon.texas.gov
Florida
floridasnursing.gov
New York
op.nysed.gov
Step 2: Locate the License Verification Section
Once on your state’s nursing board website, navigate to the “License Verification” or “Check License” section. This is where you can find information about your own license and others.
Step 3: Enter Your Details
You will typically need to input your full name, date of birth, and possibly your license number. Ensure that the information matches exactly with what’s on file.
Step 4: Review Your License Status
After submitting your details, you should see your license status displayed. It will indicate whether your certification is active, expired, or if there are any disciplinary actions against you.
Benefits of Keeping Your CNA License Valid
Maintaining a valid CNA license carries numerous advantages:
Increased Employability: Active licenses make you more attractive to potential employers who prioritize compliant caregivers.
Access to Continuing Education: Keeping your license current often entails ongoing education, which enhances your skills and knowledge.
Professional Networking: Valid credentials may open doors to professional organizations and events, allowing you to connect with peers and advance your career.
Practical Tips for Maintaining Your CNA License
To ensure your CNA license remains valid, consider the following practical tips:
Set Reminders: Use a calendar or digital reminders to track renewal dates and continuing education deadlines.
Stay Informed: Regularly check with your state’s nursing board for any changes in regulations related to Continuing Education Units (CEUs) or renewal policies.
Participate in Workshops: Attend workshops and training sessions to meet your educational requirements and stay abreast of industry changes.
Document Your Training: Keep organized records of any training or workshops you have completed, as this can simplify the renewal process.
Real-Life Case Study: The Importance of License Verification
To illustrate the importance of checking your CNA license, consider the story of Sarah, a CNA who diligently worked at a local nursing home. One day, while applying for a promotion, she discovered that her license had expired due to a lack of continuing education credits.
Frustrated and embarrassed, she rushed to enroll in courses to renew her credentials. Sarah’s experience highlights the critical need for proactive license verification and management. Her delay in checking her license status nearly cost her a career opportunity.
First-Hand Experience: A CNA’s Perspective
As someone who has been a CNA for over five years, I can emphasize the importance of monitoring my license status regularly. I set up alerts for renewal and make sure to complete my continuing education ahead of time. This habit not only keeps me compliant but also boosts my confidence and professionalism when providing care.
Conclusion
checking your CNA license is an essential practice that ensures your credentials are valid and up to date. By understanding the verification process and the benefits of maintaining an active license, you can enhance your career and ensure the safety and well-being of your patients. Remember to stay proactive—periodically check your license status, complete required education, and keep track of important dates to avoid any complications in your professional journey. For a successful CNA career, stay informed and compliant today!
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GS Partners to Fully Refund Crypto Investors as Part of Settlement with Five U.S. States
GS Partners, a company that offered a range of crypto investments, has agreed to fully refund investors as part of a settlement with five U.S. states.
The Texas State Securities Board (TSSB) announced on Monday that Texas, Alabama, Arizona, Arkansas, and Georgia have reached an agreement with the firm and its owner, Josip Heit.
The settlement follows a multi-jurisdictional investigation that found GS Partners had defrauded investors through misleading claims about potential profits and risks associated with its crypto asset investments.
GS Partners to Return 100% of Customer Funds
Under the terms of the agreement, GS Partners will return 100% of the funds to investors in exchange for the dropping of all civil claims and investigations against the company.
Notably, no monetary penalties were imposed on GS Partners or Heit.
The company has also agreed to cease offering unregistered securities in the states involved.
The case dates back to enforcement actions filed in November 2023, in which state regulators accused GS Partners of misrepresenting key information to investors.
The company had sold investments in tokenized shares of a Dubai skyscraper and a virtual real estate metaverse project called “Lydian World,” which promised returns of up to 5% per week.
However, GS Partners failed to meet its fundraising target of $175 million, leading to significant financial losses for its investors.
In a press release, Heit expressed support for the settlement and reaffirmed his commitment to refunding all eligible investors through a formal claims process.
He emphasized that the company’s priority is to protect its reputation and customers.
According to Heit’s legal team, other U.S. states may also join the settlement under similar terms, expanding the scope of investor refunds beyond the five states currently involved.
SEC Crypto Fines Spike
The United States Securities and Exchange Commission (SEC) has levied nearly $4.7 billion in enforcement actions against cryptocurrency firms and executives in 2024, marking an increase of over 3,000% compared to 2023.
The surge was primarily driven by a significant $4.47 billion settlement with Terraform Labs and its former CEO, Do Kwon, in June, which the SEC called its “largest enforcement action to date,” according to a report from Social Capital Markets on September 9.
In 2024, the SEC carried out 11 enforcement actions, yielding a 3,018% rise from the $150.3 million in penalties imposed in 2023, despite conducting 19 fewer cases.
The total fines, which included forfeiture, disgorgement, civil penalties, settlements, and prejudgment interest, were measured from the initiation of the enforcement actions.
In 2019, the SEC imposed a $1.24 billion action against Telegram, which included $18.5 million in civil penalties and $1.2 billion in disgorgement returned to investors.
Social Capital Markets noted that this case significantly influenced the nearly 2,000% year-on-year increase in the average fine, pushing it to over $70 million in 2019.
From 2020 to 2023, the average fine ranged between $5 million and $35.2 million, but the Terraform Labs case in 2024 pushed the average fine to over $420 million.
Among other cases, GTV Media Group, Ripple Labs, and fraudsters John and Tina Barksdale faced enforcement actions exceeding $100 million.
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