Finance

What is a Registered Representative (RR) A registered representative (RR) is someone who works for a customer-facing financial company, such as a brokerage firm, and serves as a representative for customers who trade in investment products and securities. Registered representatives may be employed as brokers, financial advisers or portfolio managers. Registered Representatives must pass licensing…

What is an integrated circuit card? An integrated circuit card, or smart card, is a payment card that uses an embedded microchip to store data in addition to (or instead of) a traditional magnetic stripe. Integrated circuit cards are made of plastic or a similar material and are most often associated with specific credit cards…

Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regard to the potential effects of their energy consumption on the environment. In letters dated Wednesday to Core Scientific, Marathon Digital Holdings, Riot Blockchain and Stronghold Digital Mining, U.S. lawmakers…

To get the most out of a 401(k) retirement plan, the sooner you can start saving, the better. With more time to invest, you can get more tax benefits and enjoy the power of compounding. However, some younger employees may not have access to a 401(k). Employers are required to provide access to their 401(k)…

The foreign exchange market is the largest financial market in the world, representing more than 5 trillion dollars in turnover every day. Comprised of banks, trading companies, central banks, investment firms, hedge funds, and retail investors, the forex market allows participants to buy, sell, trade, and speculate on currencies. There are several ways to invest…

Ksenia Malik, the wife of Tornado Cash creator Alexey Pertsev, has lashed out at Dutch authorities for treating her husband like a “dangerous criminal” following his arrest last week. The Dutch Fiscal Information and Investigation Service (FIOD) arrested Pertsev on Aug. 12 over an alleged use of the Ethereum-based privacy tool to launder money and…

What is the Russian ruble (RUB)? The Russian ruble is the national currency of the Russian Federation. The ruble is the second oldest currency still in circulation, behind the pound sterling. It is made up of 100 kopecks. Key points to remember The ruble is the currency of the Russian Federation. The ruble has been…

Let’s face it, the most important goal of a business is to make money and keep it, which depends on liquidity and efficiency. Since these characteristics determine a company’s ability to pay a dividend to investors, profitability is reflected in the stock price. That’s why investors need to know how to analyze the different facets…

The Prudential Authority of the Reserve Bank of South Africa sent out guidelines to its subsidiaries in an effort to prevent illicit activities, encouraging banks not to cut all ties with cryptocurrency. It suggested that such an act could cause greater risk in the long run. The official notice was signed by Prudential Authority CEO…