Sec registered investment advisor requirements

Share to Twitter Share to Linkedin Federal statutes in the U.S. Code and agency rules in the Code of Federal Regulations are easy to locate online. This is not the case , however, for the thousands of sub-regulatory guidance documents and “interpretative rules,” notices, bulletins, circulars, memoranda and so forth . But then again, these were never easy to locate offline either. Guidance documents are ostensibly non-binding, meant to inform or provide clarity, but guidance can be inapprorpriately leveraged to influence policy and public behavior, according to the Administrative Conference of the United States . This is a concern especially in presidential administrations inclined to deploy the “pen and phone,” as Obama did; or to “act without Congress,” as Biden’s spokespeople often declare he can do. So it was a good thing back in 2019 when Donald Trump issued “ Promoting the Rule of Law through Improved Agency Guidance Documents ” … [Read more...] about Good News On Red Tape? Some Trump-Era Federal Agency Guidance Document Portals Remain Intact

Share to Twitter Share to Linkedin Anguilla, a British territory in the Caribbean, is a new member of the group of countries offering citizenship-by-investment. It could well become a prominent destination for high net worth investors, particularly North Americans since it can be an attractive tax haven. But its shortcoming is that it only offers residence to start, with citizenship being a longer-term matter. There is a difference, to be sure, between tax avoidance and tax evasion. We’re obligated to pay taxes and it can be a crime to evade them. But there are some people who try to avoid paying taxes when they can, including high net worth investors who are familiar with this difference and appreciate it. This is where Anguilla’s benefits come into play. The advantage Anguilla offers is that it has no direct taxation, with no income tax, capital gains tax , gift tax, net worth tax, inheritance tax, or corporate taxation. To become a permanent resident … [Read more...] about Anguilla Residency Program Offers New Tax Haven For Investors

Chamath Palihapitiya - A + A NEW YORK (Aug 17): The news came with little fanfare. It was late on a sleepy summer afternoon last week, and few on Wall Street even seemed to notice the pair of filings when they hit the Securities and Exchange Commission's (SEC) website. In terse, boilerplate language, the documents stated that two special-purpose acquisition companies (SPACs) launched by Chamath Palihapitiya needed to push back the deadlines they had set to make acquisitions. Palihapitiya was in no mood to trumpet the news. There were no tweets, no interviews, none of the braggadocio that came with so many of his big SPAC deals, back when the market was the hot new thing in finance, a sure-fire, money-minting machine, and Palihapitiya was its undisputed king. But if those euphoric moments two years ago represented the peak of SPAC frenzy — a phenomenon created out of the same ingredients (unprecedented monetary and fiscal stimulus) that gave us meme stocks and … [Read more...] about US SPAC king goes silent with his empire shrivelling

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Arihant Capital's research report on Hero MotoCorp Hero MotoCorp (HMCL) standalone revenue stood at INR 83,925 Mn, against our estimate of INR 87,430 Mn registering a growth 53% YoY/ 13.1% QoQ. The company shows significant improvement sequentially led by positive momentum in the industry and coupled with market share gain. Maintained its EBITDA Margin on QoQ: EBITDA stood at INR 9,408 Mn, against our estimate of INR 10,750 Mn, Registering a growth of 82.7%YoY/ 13.7%QoQ.On the margins front, EBITDA margin expansion by 183bps YoY/ 6bpsQoQ to 11.2%, against our estimate of 12.3%. Despite the commodity headwinds and supply chain disruptions consequent to geo–political issues, the Company maintained its EBITDA margins sequentially, through a combination of cost saving measures, judicious price … [Read more...] about Buy Hero MotoCorp; target of Rs 3405: Arihant Capital

The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Arihant Capital's research report on Greaves Cotton Greaves Cotton Limited (GCL) has reported a decent set of Numbers; Margin & PAT well above our estimates: Greaves Cotton Limited (GCL) has reported weak performance in Q4FY22 as Net profit … [Read more...] about Buy Greaves Cotton; target of Rs 215: Arihant Capital

Red-hot inflation, slowing rural consumption, goods and services (GST) complications and the general decline of the unorganised sector are making it hard for small and medium enterprises (SMEs) to drive sales and growth. As is with major business initiatives, an investment in adopting sales enablers requires making a business case. But, unlike other functions, sales and marketing processes are matured and there are enough performance metrics to evaluate investment effectiveness. SMEs can learn from these to measure sales efficiency as well as investment effectiveness. Start by outlining the impact on the execution of sales as a process. Every enterprise has hundreds of sales factors that can be measured, however, not more than five such metrics are needed for execution to succeed. Five metrics impact revenue attainment the most—number of opportunities or leads in the pipeline, average deal size, success rate, length of the sales cycle and the number of “active” sales staff. … [Read more...] about 5 sales metrics to fast-track business growth

(CNN) Proving "Moon Knight" wasn't a fluke as Marvel-sized disappointments go, "She-Hulk: Attorney at Law" is big, bright, colorful, and also too goofy for its own good. Trying to bend the mold is fine in theory, but the mix of sitcom-style tropes and gamma-irradiated powers yields a series that's too weak to smash much of anything. Ironically, the most buzzed-about element in advance of the premiere -- how the computer-generated title character looks -- is the least of the show's worries. For the most part those scenes are just fine, if perhaps a little reminiscent of "Avatar" in the way the Hulks tower over ordinary folk. Instead, the show bogs down in the it's-not-easy-being-green comedy and emphasis on quirkiness, feeling episodic in the extreme, after the obligatory origin story is out of the way. While there's nothing wrong with screwball office comedy, based on the four episodes previewed, that genre hardly plays to Marvel's strengths. For those … [Read more...] about ‘She-Hulk’ is big and colorful, but the Marvel comedy is too weak to be a smash

Paul Moller stands in the back corner of a large garage in Davis, California, clean-shaven and wearing a large pair of golden aviator glasses. The 52-year-old engineer is a professor down the road at the University of California, Davis, but he’s not the type to sit back with a book and highlighter. In his white polo shirt and glossy brown bomber jacket, he looks ready to tinker with the shiny invention behind him at knee-level at a moment’s notice. advertisement advertisement The dark blue saucer behind Moller features eight propellers encircling a small, one-person cockpit. Behold Moller’s new M200X—a vehicle reminiscent of the Jetson family’s green flying car that Moller says is almost ready for manned test flights. Cut to: Moller stands outside with the M200X in an open grassy field. The vehicle, tethered to a rope, powers up, whirring loudly. The saucer lifts slowly into the air, rocking back and forth unsteadily, before Moller and his team signal … [Read more...] about Paul Moller’s 50-year dream to build a flying car won’t die

Share to Twitter Share to Linkedin The legal industry has been remarkably buoyant in a tumultuous world. It has weathered 9/11, the global financial crisis, economic downturns , automation, digital transformation , domestic and international instability, and the Pandemic. Through it all, the legal sector has prospered financially , even as its resistance to change has misaligned it with business and distanced it from society . Law’s financial success has come at a steep price—the health and well-being of its workforce, an obscured purpose, and high profits but low customer satisfaction. Public trust in lawyers , legal institutions , and the vitality of the rule have law are historically low. Most Americans believe the legal system is accessible only to the wealthy and the data confirms this. The legal system is widely perceived as lacking accessibility impartiality, transparency, diversity reflective of the society it purports to serve, … [Read more...] about Democratic Degradation Is Law’s Ultimate Disruptor

Meetings get a bad rap. However, their lousy reputations aren’t unwarranted since most people consider meetings a waste of time alongside stoking a lack of motivation and energy-sapping feelings. According to these sentiments, most meetings are terrible, and they’re getting more time-consuming and even less liked. advertisement advertisement If you’re a blatant opponent of meetings, you are not alone. A study by Atlassian found U.S. businesses waste $37 billion in salary costs for unnecessary meetings, and the average person attends a whopping 62 meetings per month. Research by Otter.ai found 70% of employees experienced a 70% increase in meetings when remote work was introduced. Working from home is great, but the downside may be even more meetings. In addition, according to data from LiveCareer , 36% of workers spend 4 to 7 hours per week in meetings, 32% spent 7 to 10 hours per week in meetings, and 39% said their meetings were getting … [Read more...] about Remote meetings have overtaken our calendars. Here are 3 ways to home in on the most necessary ones