User Friendly Stock Option Software That Produces Exceptional Results

By | 04/23/2018 | 11:29 am ET

In our contemporary society, software has been created for every imaginable need, both professionally and personally. There are programs for accountants, financial planners, engineers, architects, and many other careers. Now, there is also a software program for companies that offer stock options to their employees, and the software is more popular than ever. This web-based software offers simple and efficient means to manage all stock-based compensation, and tracks all activities…

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A Summary of SEC Commissioner Michael Piwowar’s Remarks on IPOs

By | 04/23/2018 | 11:28 am ET

Introduction At the beginning of his opening remarks in May of 2017, SEC Commissioner Michael Piwowar expressed that he was happy to be involved in the SEC-NYU dialogue in which he shared his views on the IPO market. Piwowar has a thorough background in economics, politics, and finance – including an employment history in economics, a Ph.D. in Finance, a M.B.A., and a B.A. in Foreign Science and International Politics…

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The House Passes The Financial CHOICE Act

By | 04/23/2018 | 11:26 am ET

On June 8, 2017, the House of Representatives passed “The Financial CHOICE Act” (“Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs”). The act regulates banking institutions’ qualifying capital through numerous exemptions and policies. Further, the act repeals the Financial Stability Oversight Council’s authority while overhauling multiple parts of the Dodd-Frank Act. The act proposes to make achieving financial independence more feasible for Americans as well as increase financial opportunities…

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US Department of the Treasury Report on Capital Markets

By | 04/23/2018 | 11:22 am ET

President Trump issued executive order 13,772 on February 3, 2017, which aimed to regulate the U.S. financial system with a set of core principles. In response, the U.S. Department of the Treasury prepared a report titled, “A Financial System That Creates Economic Opportunities: Capital Markets”, to identify all laws and regulations that are either compliant or inhibit regulation according to these core principles. These core principles are: Empower Americans to…

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Transition to the T+2 Settlement Cycle

By | 04/23/2018 | 11:19 am ET

Rule 15c6-1(a) – From T+3 to T+2 In March 2017, the Securities and Exchange Commission (SEC) amended Rule 15c6-1(a), shortening the settlement cycle from T+3 to T+2. The “T” in “T+2” and “T+3” stands for transaction date, the date that a transaction occurs. T+ (1, 2 or 3) represents the settlement date, the date that ownership of the stock is transferred. Thus, with this rule change, companies now have two…

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Amendments to Investment Advisers Act

By | 04/23/2018 | 11:17 am ET

In August of 2016, the SEC adopted the proposed amendments to the Investment Advisers Act, in addition to the investment adviser registration and reporting form, commonly known as Form ADV. These changes were designed to provide the public with additional information and disclosures, help investment advisers have more efficient reporting, and allow the SEC to better monitor industry risk. In addition, these changes will better reflect changes from the Fixing…

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OTC Markets’ New Stock Promotion Policy

By | 03/30/2018 | 1:26 pm ET

On November 7th, the OTC Markets Group released a new stock promotion policy. This policy aims to improve the overall market transparency for investors, while addressing the issue of misleading, manipulative, or fraudulent stock promotion. Fraudulent Promotional Campaigns The wide use of digital media has allowed companies to interact and reach investors in a variety of new and different ways. While this can be beneficial by allowing companies to reach…

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OTC Markets’ New Stock Promotion Policy

By | 03/30/2018 | 1:26 pm ET

On November 7th, the OTC Markets Group released a new stock promotion policy. This policy aims to improve the overall market transparency for investors, while addressing the issue of misleading, manipulative, or fraudulent stock promotion. Fraudulent Promotional Campaigns The wide use of digital media has allowed companies to interact and reach investors in a variety of new and different ways. While this can be beneficial by allowing companies to reach…

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How to Choose a Stock Transfer Agent

By | 03/30/2018 | 1:25 pm ET

A transfer agent is a company or financial institution that helps manage securities recordkeeping duties for private and public entities. Transfer agents perform many functions, including but not limited to: ensuring compliance with the Securities and Exchange Commission (SEC) following an initial public offering (IPO) or private placement, company merger/acquisitions, processing stock splits, administering shareholder meetings, issuing or cancelling stock certificates, and stock transfers. With these professional services, a transfer…

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