What Is the Private Securities Litigation Reform Act (PSLRA)? The Private Securities Litigation Reform Act (PSLRA) is a piece of legislation passed by Congress in 1995 to stem the filing of frivolous or unwarranted securities lawsuits. The Private Securities Litigation Reform Act increased the amount of evidence that plaintiffs are
Let’s be honest, who ever bought a pumpkin and thought they were going to have a good meal with it? And who has ever bought a pumpkin thinking that he would take pleasure in cutting it up to give it a terrifying face and then put candles in it? If
If rumors about the existence of alien bases around the world are to be believed, aliens are already among us. Frankly, we wish them good luck, because even we don’t always want to be there. In any case, let’s welcome them and offer them a top of memes. It’s the
What Is an Installment Sale? An installment sale is one of several possible approaches to revenue recognition under the rules of Generally Accepted Accounting Principles (GAAP). More specifically, this method accounts for when revenue and expense are recognized at the time of cash collection rather than at the time of
There are two types of people: those who have bad memories of high school, those who have good memories of high school, and those who tenderly coat themselves in marmalade before rolling in gravel while singing. The sea by Charles Trenet. So that’s three types of people. In short, this
What Is the Banking and Securities Industry Committee (BASIC)? The Banking and Securities Industry Committee (BASIC) was established in 1970 to standardize, automate, and streamline the processing of stock certificates and options. This committee sought to uphold uniform rules and regulations regarding the trading and settlement of securities. The Banking
It’s not easy to always be proud of yourself, to assume your job (especially when you’re a debt collector, for example) or to speak loud and clear about what you’re saying. That’s why some quickly hide behind the hacking of their account so as not to have to carry the
You know it, we know it, my grandmother knows it: sometimes there are hidden jokes in cult series or super discreet details, those famous “easter eggs” that only the most assiduous viewers notice. After more than thirty years of existence, you can imagine that the Simpsons has a lot of
What Is a Subscription Right? A subscription right is the right of existing shareholders in a company to retain an equal percentage ownership by subscribing to new stock issuances at or below market prices. The subscription right is usually enforced by the use of rights offeringswhich allow shareholders to exchange rights