What Does Exempt Mean, Anyway? Fund Forum Five years have passed since the imposition of new requirements for Exempt Reporting Advisers under the Dodd-Frank Act.
Forty years ago, gas shortage hit hard. Fred Norris remembers well the gas shortage of 1973. He was owner of Norris Brothers BP on Alamance Road in Burlington. It was a mess, Norris said, recalling peoples reactions to not being able to fill the tanks of their beloved Furys, Impalas, LTDs and other big rides.
In recent weeks, many have blamed the shortage on the 1996 Helium Privatization Act. The law was passed in part because the government's helium business was operating more than $1 billion in debt. The law mandated the government sell off most of its helium reserve by 2015. The result was below-market prices.