Securus Technologies is a leading convict communications and crime prevention technology firm located in Dallas, Texas. The company is currently providing its services to more than 3,450 incarceration facilities in the country, and its products and services are used by over 1.2 million inmates across the US.
The prime objective of Securus Technologies is to help lessen the challenges associated with the life of isolation led by the prisoners and also reduce the crime rate inside the prison. Through Securus, the inmates are given a chance to stay in close contact with their family, friends and the outside world. This opportunity instills a positive impact on their psychological health.
Over the years, Securus Technologies has spent a lot of funds in research and development of emerging technologies. So far, it has more than 600 patents to its name. On an average, Securus Technologies builds up and launches a new service weekly for the correctional sphere. The enterprise boasts of having one of the best customer call centers in the prison communication arena. Recently, the company won the Gold Stevie Award as the best customer support training group. The company offers services such as phone services, email messaging, video call services, video visitation, money transfer, kiosks, voicemail messaging, and photo services to the detainees.
Lately, Securus Technologies displayed a series of feedback in form of the letters written to the company by the law enforcement and crime prevention agencies. The letters confirmed how efficient and useful the law officials believe the Securus Technology services are. Besides, the feedback reveals how Securus assists them in their daily operations to arrest criminals and prevent crime.
Under the leadership of Rick Smith, the CEO, Securus Technologies is dedicated to providing excellent services that will improve the life of inmates and that of their family and friends. It focuses on developing equipment, software, and monitoring protocols that prevent crime and create safer prison environment.
A money market fund is a mutual fund tailored to investors seeking to invest in short-term securities. Some of the securities in the open-ended mutual fund are commercial paper and US treasury bills. These funds are regarded to be almost as safe as deposits made by an individual in a commercial bank. The only difference is that the funds earn investors higher yield compared to bank deposits. These funds are governed by the Investment Company Act of 1940. Notably, money market funds provide liquidity to financial intermediaries. Securities and Exchange Commission (SEC) regulates the money market funds
Money market funds are unique financial instruments aimed at maintaining a stable value of one dollar per share. This situation enables the funds to pay predictable dividends to its investors. For a security to be accepted in the money markets, it must be of high quality and highly liquid.
The first money market fund to be established was established in 1971. The fund targeted investors who needed to preserve their money while earning some returns. Following the success of the Reserve Fund, more money markets funds were established.
During the period when Reserve Fund was founded, Regulation Q limited the amount of interest payable on bank deposits. The regulation capped the rates at 5.25 percent. The creation of money market funds acted as a better alternative for bank accounts.
Money market funds are classified into five categories. They include prime money fund, government and Treasury money funds, institutional money fund, tax-exempt money fund, and retail money fund. This categorization is based on the type of securities and portion of the funds’ assets invested in them.
About Bruce Bent II
Bruce Bent II is an American financial expert and businessman. He has in-depth understanding and knowledge for money market funds. In fact, his father was accredited for being the founder of the very first one. The entrepreneur was born in New York. He attended Northeastern University where he graduated with his Bachelor’s in Science. Bruce started his financial career shortly after helping company with financial solutions.
Currently he is employed by Double Rock Corporation where he is the Vice Chairman and the president of the company.
For more information follow Bruce Bent II on Twitter.
When one becomes an entrepreneur, he most likely enters an unfamiliar world. This is especially the case for entrepreneurs who were employees before. For one thing, the employee makes a certain amount of money on an hourly basis. He is almost guaranteed that amount of money. On the other hand the entrepreneur has to really work for his money. At the same time, he takes a lot of joy in the work he does. This is one of the reasons that a lot of people who try to be entrepreneurs do not go back to being an employee.
One challenge that an employee faces is focus. It can be hard for an employee to focus on what he has to do in order to make money. Therefore, they have to come up with solutions to their focus problems. There are a lot of factors that could interfere with the focus. Among the factors that could affect focus is the environment. Therefore, one must either make changes to the environment or else move to an environment that can help him focus better. The type of environment that can help one immerse himself into his work depends on the individual.
One entrepreneur that has worked on making adjustments to the environment so that he can work harder and help others focus is Marc Sparks. He is a serial entrepreneur that has worked on bringing forth new solutions to challenges that can make it easier for other entrepreneurs to reach their goals. Marc understands the importance of working diligently. Entrepreneurs can’t afford any distractions. Just one second of a distraction can take people a few minutes away from their goals. This is why it is important for people to be aggressive about setting their goals towards the success of their business and other activities.
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