#licensing rules

[barrydeutsch]

It’s Excessive Occupational Licensing, Charlie Brown!

If you enjoy these cartoons, please reblog or support them on my Patreon. A $1 pledge really helps! This cartoon is a collaboration with Becky Hawkins.  Becky and I have done other political cartoons together, and we also collaborate on our webcomic SuperButch. To read my notes about the cartoon, check out the original patreon post! Transcript:

TRANSCRIPT OF CARTOON

This cartoon has four panels, plus a small extra “kicker” panel below the bottom of the strip. Each panel has the same setting – a green field with blue sky, and a childish booth, drawn to resemble Lucy’s “psychiatric help, the doctor is in” booth from the comic strip Peanuts. But this booth says “State Legislature, the Senator is in.”

Behind the desk is a white man with gray hair and a conservative suit and tie.

Panel 1

The Senator sits behind his booth, listening with his head resting on one hand. A Black person with braided hair has walked up to the booth and is talking to him.

BRAIDER: I’m starting a business braiding Black people’s hair. But the law says I can’t until I’ve taken two thousand hours of training in styling white people’s hair.

Panel 2

The Braider keeps on talking, getting a bit more passionate. Behind them, a grinning man wearing a v-neck shirt and a blazer, with a full beard and carefully styled hair, walks on, waving “hi.”

BRAIDER: Even becoming an Emergency Medical Technician only takes thirty three hours of training! This makes no sense!

SENATOR: This is Bob Johnson of the State Hairdresser’s Association. What do you say, Bob?

Panel 3

Bob leans his elbow on the Senator’s desk, oozing confidence. The Senator listens like an attentive schoolboy. Behind Bob, unnoticed, the Braider looks angry and appalled.

BOB: It’s far too dangerous to permit competit- I mean, to permit unlicensed hair braiding.

BOB: On a completely unrelated note, we’re increasing our donation to your re-election campaign.

Panel 4

The Senator, with a satisfied air, leans back on his chair, hands behind his head and feet on his desk. Bob grins and makes a “hand gun” gesture towards the Senator. The braider raises her hands into the air, and has a huge open mouth of despair and objection as she yells.

SENATOR: After careful deliberation, I’ve concluded unlicensed braiding would be a grave threat to public safety.

BOB: Thanks, Jeff. Lunch?

BRAIDER: THIS IS A TERRIBLE SYSTEM!

Small kicker panel below the bottom of the strip.

The Senator is talking to the braider.

SENATOR: If you don’t want to buy thousands of hours of training about white people’s hair, aren’t you the real racist?

[rwatimes]

Hong Kong Moves to Tighten Crypto Advisory Rules in Major Shift

Hong Kong plans new licensing rules for virtual asset advisory and management firms after broad market support.

➤ Hong Kong is introducing new licensing rules for virtual asset advisory and management firms to expand oversight of its digital asset market. ➤ The proposed regulations align with the 'same business, same risks, same rules' principle, bringing virtual asset services under formal licensing similar to traditional finance. ➤ These measures are part of Hong Kong's broader policy to support financial innovation while enhancing risk controls and investor protection in the digital asset space.

[rwatimes]

Hong Kong finalizes licensing rules for virtual asset advisory and management firms

Hong Kong's SFC and FSTB finalize licensing rules for virtual asset advisory and management firms, setting capital requirements and aligning crypto with existing securities law.

➤ Hong Kong's SFC and FSTB have finalized licensing rules for virtual asset advisory and management firms, aligning them with existing securities regulations. ➤ New requirements include specific capital thresholds (HK$5 million paid-up, HK$3 million liquid for custodians) and will operate under the AMLO. ➤ These regulations aim to enhance investor protection and provide regulatory clarity, paving the way for increased institutional capital deployment in the region.