Securities Regulation Outline Introductory Material Financial Products. Two ways to raise money: taking out loans from the bank‚ or issuing securities on the public market. Bank Loans Money in exchange for a promise to pay. Usually secured by some collateral. Commercial lending: one bank is “lead arranger” for others. Reduces exposure. Securities Stock. An ownership interest. Common stock. Voting rights! Dividends. Get paid last in a liquidation. Preferred stock. No voting rights as long as
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Securities Regulation – Spring 2012 (Rose) Outline Class 1 Slides Federal Securities Regulation Seeks to: 1. Increase the amount of information available to investors about issuers through mandatory disclosure rules; and 2. To deter fraud (so the information disclosed is credible). Ultimate Goal: The accurate pricing of securities‚ which is essential to a well-functioning economy. How Securities Differ Importance of capital markets to society Importance of investment decisions
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REGULATORY ACTS PAST AND PRESENT RESEARCH PAPER AUDITING BUS 469 November 22‚ 2006 [pic] WALL STREET/NYSE – FRAUD – REGULATORY ACTS PAST AND PRESENT I am starting this paper with a short history of The Stock Exchange in America‚ Wall Street‚ and the New York Stock Exchange. This will lead into the corruption that occurred before the 1929 stock market crash and the depression. I will then touch on the result of that corruption and the regulatory acts that followed
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Securities Outline INTRODUCTION THE REGULATORY FRAMEWORK • Premise of securities regulation is that mandatory disclosure (as well as antifraud provisions) will equip securities investors and their advisors with the information to move capital to its optimal uses. • Purposes of securities regulation: o Assuring that when securities are created and offered to the public‚ investors have an accurate idea of what they are purchasing an interest in‚ and how much their interest
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individual patient or client. When a CPA’s report is in error‚ literally millions of investors may sustain losses. Second‚ the federal Securities Acts regarding CPAs’ liability are unique in that much of the burden of proof is shifted to the defendant. Normally‚ defendants are "presumed innocent until proven guilty." Under the federal Securities Acts‚ however‚ CPAs charged with "malpractice" must prove their innocence. Finally‚ when investors sustain losses in the many millions
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Roosevelt‚ I do not want charity‚ only a chance from someone who will trust me until we can get enough money to repay the amount spent for the things I need. As a proof that I really am sincere‚ I am sending you 2 of my dearest possessions to keep as security‚ a ring my husband gave me before we were married‚ and a ring my mother used to wear. Perhaps the actual value of them is not high‚ but they are worth a lot to me. If you would consider buying the baby clothes‚ please keep them (rings) until I send
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Business Law What is Business Law? Businesses interact in many and varied ways. To name just a few types of business transactions‚ there are contracts‚ mergers and acquisitions‚ leasing‚ etc. How these transactions are carried out is overseen by Business Law. Additionally‚ how businesses are formed is a large part of Business law. This area of law is very wide-ranging‚ although it deals primarily with defining the rights and responsibilities of businesses‚ rather than enforcing these laws. Because
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PressReleasePing Alfred Culbreth Announces L’Alpina Spring Water 7.3 pH Makes Waves at Kia Malibu Estate! Alfred Culbreth‚ is CEO of American Premium Water Corporation "APWC" (OTC: HIPH) American Premium Water Corporation "APWC" (OTC: HIPH) www.americanpremiumwater.com is excited to provide the following update to the investment community and our shareholders. Delray Beach‚ FL‚ July 09‚ 2014 /PressReleasePing/ - American Premium Water Corporation "APWC" (OTC: HIPH) www.americanpremiumwater
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Chapter 33 Employment and Labor Law TRUE/FALSE QUESTIONS A1. The employment-at-will doctrine is little used today. ANSWER: F PAGE: 673 TYPE: N NAT: AACSB Analytic AICPA Legal A2. Firing a worker who refuses to perform an illegal act violates pub¬lic policy. ANSWER: T PAGE: 674 TYPE: = NAT: AACSB Analytic AICPA Legal A3. Whistleblower statutes protect employers who retaliate against their employees for “blowing the whistle.” ANSWER: F PAGE: 676 TYPE: N NAT: AACSB
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Facts: Touche(defendant)‚ a public accounting firm was hired by Fred Stern & Co. to audit its record and to prepare and certify a balance sheet exhibiting Fred Stern financial health. Touche was aware that this balance sheet would be shown by Fred Stern to shareholders and banks for financial dealing. Touch certified greater assets than liabilities to be in excess of $1million of which in fact the business was actually insolvent and the statement prepared by Fred Stern was false. Fred Stern said
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