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Hopkins Co. Officials Introduce New Pawn Shop Law

by Data Age | May 27, 2014 | Industry, Laws, News

Hopkins County officials are looking at setting some new rules for pawn shops in the county. It comes nearly three months after a Madisonville pawn shop was raided back in February, with five of its employees accused of selling stolen items. “This is just...

Naperville mulling regulations to help find stolen jewelry

by Data Age | May 27, 2014 | Compliance, Gold & Jewelry, Industry, Laws, News

Naperville leaders concerned about burglaries and stolen jewelry may join other communities by requiring pawn shops to post online pictures of every piece of jewelry they buy and sell. The city council is reviewing an update to the ordinance that regulates pawnshops...

Editorial: Springfield’s pawnbroker ordinance keeps businesses on the right side of the law

by Data Age | May 22, 2014 | Business, Industry, Laws, News

Business owners who didn’t believe Springfield’s tough new pawnbroker ordinance would be enforced were undoubtedly shocked by a simple, fast and effective sting by Springfield police that resulted in the fining of five stores and closing of three businesses. The new...

Naperville eyes tighter regulations for pawnshops

by Data Age | May 22, 2014 | Business, Compliance, Industry, Laws, Management, New to the Industry, News

Naperville may tighten regulations on pawnshops and other secondhand stores in an effort to recover stolen jewelry. Councilman Steve Chirico requested the ordinance last September after a rash of home burglaries, and councilmen got their first look at the proposed...

Fort Worth takes a new look at restrictions on payday lending

by Data Age | May 20, 2014 | Business, Compliance, Industry, Laws, Management, New to the Industry, News

Fort Worth, the only major city in the state not to pass an ordinance restricting the operations of payday lenders, is taking a new look at the issue. Two weeks ago, City Manager Tom Higgins released a report on payday lenders for council members, noting that most of...

‘High risk’ label from feds puts gun sellers in banks’ crosshairs, hurts business

by Data Age | May 20, 2014 | Business, Compliance, Firearms, Industry, Laws, Management, News

Obama plan pressures financial institutions Gun retailers say the Obama administration is trying to put them out of business with regulations and investigations that bypass Congress and choke off their lines of credit, freeze their assets and prohibit online sales....
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