| Investor Suitability Requirements for Broker Dealer Recommendations |
| Broker dealers may make investment recommendations to investors only if the broker dealer first determines that the recommended investment would be suitable for the investor. Suitability depends upon the investor's tolerance for risk, other investments, income, net worth, financial requirements, and investment objectives.More... |
| Continuity of Existence in Choosing a Form of Business Organization |
| Continuity of existence is an important factor in choosing the structure of a business. The value of a business when viewed as a continuing or "going" concern is likely to be considered higher than the same business if it is being dissolved and its value is being distributed. More... |
| Whistleblowers Under the Safe Drinking Water Act |
| The Safe Drinking Water Act provides protection for whistleblower-employees who file claiims under the statute. More... |
| Directors' Ignorance of Corporate Affairs |
| To carry out fully their duties and responsibilities to shareholders and the corporation, directors must be reasonably familiar with the workings of the corporation and have a general knowledge of how the corporation conducts its business. Directors are not expected to have superior knowledge about all business and financial aspects of the corporation, but they are assumed to have competent knowledge of the duties they have taken on when named to the board. More... |
| Securities Act of 1933 |
| The Securities Act of 1933, enacted in response to the stock market crash of 1929, has been referred to as the "truth in securities" law. The Securities Act generally requires that companies selling their stock to the public must provide investors with full disclosure of material facts. More... |
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