vania-janet/multiturn-rag-retrieval-data huggingface dataset:
couple questions for clarification:  1. Investment firm is a pretty broad term. Do you mean Registered Investment Advisory firm or broker/dealer, or something else?  2. Are you asking if they can reveal who they generally custody assets with? if so yes, they are always willing to give this out and many firms use multiple custodians. If you are asking if they can reveal client information and where the assets are held, then no, absolutely not, the only reason they could legally give this out is if the feds inquired or if a court order was issued.
It's tempting to think of a corporation as a real thing, because in many respects it seems to be. But it isn't a corporeal thing (despite the root word of the name). It may own corporeal things, and employ corporeal people, but it is not itself a real thing. Borrowing heavily from Prof Joseph Heath: It might be better to think of a corporation as the nexus of four separate entities: investors who provide capital, employees who do the work, suppliers who provide raw material, etc., and customers who purchase the products or services the corporation buys. In different organizations the 'owners' are different: in co-ops it's the suppliers, mutual insurance companies the customers, in employee-owned companies the employees, but in 90% of cases (including Monsanto) it's the investors. The investors who provided capital by buying shares of stock are the owners, and will be compensated. This frequently happens indirectly: You may own Monsanto stock through a mutual fund or other such aggregate which means that your mutual fund will get the money. Whether that winds up being a profit or loss is more complicated.
Based upon what little is publicly known at this time, it doesn't look good for CAT, PWC or outside counsel. The economic substance they offered up sounds like *post hoc* reasoning. The tax court buying their current explanations would have to accept some exceptionally astute, long-range planning took place that accepted the initial costs exceeding the nascent parts revenue, as well as the risks of over-optimizing tax operations if the necessary revenue didn't materialize; and it doesn't seem they are yet offering any evidence to show that kind of foresight. It will be fascinating to follow, for sure.
They are still finding more because they are looking harder - compared to other banks or credit unions there is currently way more external and internal scrutiny at WFC.   And yes, my focus is on a faulty incentive system because you don't get such widespread mishaps when things are designed properly. It looks like somewhere in the command chain the supervisors responsible for oversight were also getting rewarded for failing in that duty and the people above them didn't have the ability to properly audit their behavior.   That said, when I picked which of my bank accounts to close I chose WFC. I did so partially because I don't fully understand what the fallout will be from this scandal and that part bothers me more than what I've learned about it so far, but mostly because I was using it the least.
"**Corporatism**  Corporatism, also known as corporativism, is the sociopolitical organization of a society by major interest groups, known as corporate groups, such as agricultural, business, ethnic, labour, military, patronage, or scientific affiliations, on the basis of their common interests. It is theoretically based on the interpretation of a community as an organic body. The term corporatism is based on the Latin root word corpus (plural corpora) meaning ""body"".  In 1881, Pope Leo XIII commissioned theologians and social thinkers to study corporatism and provide a definition for it.  ***  ^[ [^PM](https://www.reddit.com/message/compose?to=kittens_from_space) ^| [^Exclude ^me](https://reddit.com/message/compose?to=WikiTextBot&amp;message=Excludeme&amp;subject=Excludeme) ^| [^Exclude ^from ^subreddit](https://np.reddit.com/r/economy/about/banned) ^| [^FAQ ^/ ^Information](https://np.reddit.com/r/WikiTextBot/wiki/index) ^| [^Source](https://github.com/kittenswolf/WikiTextBot)   ^] ^Downvote ^to ^remove ^| ^v0.24"
Not sure if I follow your question completely. Re: What if some fraud takes place that's too big even for it to fund?   SIPC does not fund anything. What it does is takes over the troubled brokerage firm, books / assets and returns the money faster. Refer to SIPC - What SIPC Covers... What it Does Not and more specifically SIPC - Why We Are Not the FDIC. SIPC is free for ordinary investors. To get the same from elsewhere one has to pay the premium. Edit: The event we are saying is a large brokrage firm, takes all of the Margin Money from Customer Accounts and loses it and also sell off all the stocks actually shown as being held in customer account ... that would be to big. While its not clear as to what exactly will happens, my guess is that the limits per customers will go down as initial payments. Subsequent payments will only be done after recover of funds from the bankrupt firm. What normally happens when a brokrage firm goes down is some of the money from customers account is diverted ... stocks are typically safe and not diverted. Hence the way SIPC works is that it will give the money back to customer faster to individuals. In absence of SIPC individual investors would have had to fight for themselves.
Because OCC basically becomes the buyer for every seller and the seller for every buyer, it allows options traders to buy and sell in a secondary market without having to find the original opposite party. [...]   [emphasis above is mine] When a call option writer must deliver shares to a call option buyer exercising a call, it's called assignment. (I have been assigned before, and it isn't pleasant to see a position called away that otherwise would have been very profitable if the call weren't written in the first place!) Also, re: ""I know my counter party cannot sell his shares"" ... that's not strictly true. You are thinking of a covered call. But, an option writer doesn't necessarily need to own the underlying shares. Look up Naked call (Wikipedia). Naked calls aren't frequently undertaken because a naked call ""is one of the riskiest options strategies because it carries unlimited risk"". The average individual trader isn't usually permitted by their broker to enter such an order, but there are market participants who can do such a trade. Finally, you can learn more about options at The Options Industry Council (OIC)."
Dunn & Bradstreet offers detailed credit reports on businesses.  They are not cheap, but they appear to have information on RIOCAN.
I'm really sorry, but what do you mean by ISM? I googled it but found nothing.. Thanks!  Anyway, the WF product is really good indeed. Maybe we (r/finance) could start a weekly report too, quoting major reports like this one, and make some comments/analysis. That could be interesting don't you think? It would take quite some time but I think this sub lacks something like this.
"This is reddit quality material. Don't use reddit to do your homework. The CMO is a type of MBS. The simplest type of MBS is a simple mortgage pass-through. So no, CMO's and MBS's aren't ""basically the same thing"". Don't use reddit for shit like this these Occupy Wall Street fuckers don't know what the fuck they're talking about. All they know is that they're poor and that's about it."
"&gt; an opaque, esoteric instrument used by gun-runners and drug-dealers on the Dark Web that should be avoided.  As long as the ""see something, say something"" Law&amp;Order™ axis provides willing volunteers to support the ""American"" [cheka](https://en.wikipedia.org/wiki/Cheka), Joe Walmart will 'see':     1. ""Hoarding""     2. Human trafficking     3. OMG! Tax Avoidance!!  ...and clamor for 'alternative' currencies to be shut down."
Same question had popped up in our office,and we got an answer from one of the senior colleague. He said that we can call it CARC (Compounded Annual Rate of Change).
By extending your logic both BNSF and GEICO would be nearly thhe same companies as both have majority ownership of warren buffet. How companies act IS defined by the theater of competition and regulation. Sears ca and US are two very different companies with no operational overlap (other than sears brand name)
&gt;You were an unsecured creditor.  Yes, but his situation was more complicated than your run of the mill unsecured creditor.   He had a trading account. It may very well have been technically *structured*, for accounting purposes, as unsecured credit - but the reasonable assumption for the average person is that trading/deposit accounts are held in trust rather than as individual investments/grants which the company can use how it pleases with just the promise to pay you back later.   Now, granted, somebody with a Refco forex account should be sophisticated enough to understand the difference - but that doesn't change the fact that even such investors might normally just assume that their accounts are being sequestered. It would make the most sense.   It sounds to me like Refco's accountants, and everybody involved in the process, were thieving scumbags.
I can't speak to Schweser as I've never heard of it but CFAL1 does exactly what you're looking for.  The study prep I recommended has a guy that does a video overview for each topic and he's quite good
"&gt; 66% of the Extra CO2 in the Air is not from Western Countries...  Note that the data is spun to reach this conclusion.  [The argument behind the data is](https://defyccc.com/docs/CO2-Attribution-Halperin-Preprint-2015.pdf):  &gt; ... one can conclude that only a small fraction of the extra CO2, released 100 years ago, is still in the air.  So basically this number comes from an assumption that 1 pound of China's emissions today is the same as about 10 pounds of emissions from western countries in 1900.  The end result is a ""total responsibility"" count that puts more weight on current emissions over historic emissions.  Of course, the author is trying to push an anti-alarmist agenda here.  If you're going to calculate responsibility with a heavier weight on current emissions, then it also makes sense to divide by current population to get responsibility per capita.  Now I wonder why the author didn't consider that..."
The company provides the best gold mining services in the world is. This company authorization of the government in the United States. The Western mining limited is most important to the Gold mining. The Western Mining Limited is a number of the quickest growing gold mining producing place in the global with a protracted history of gold production and is USA's 1st largest manufacturer of gold in the world.
"Perhaps mysterious in the sense that any dubious story involving a powerful and influential firm will not have their name actually mentioned?  I've often found when American media runs a story like this, with no details, I can go look at London's Financial Times and they will name-names.  For example CNBC or CNN might run a story ""top wall street firms fined"" and not name the actual firms.  You have to look at non-American media to get actual names."
"In May 2011, a report to the board by Promontory Financial Group, a Washington consultant hired as part of the CFTC Dooley settlement, concluded that the firm had vastly improved"" its systems and risk controls, and praised management for setting ""a tone at the top"" supporting ""best practices.""    I actually did some technology work for Promontory Financial Group for a short period.  What a bunch of tools.  They had a nice office in a newer office building in the business district of Washington DC, not far from the Treasury.  Their ""server room"" was actually a closet.  The number of servers they had produced a lot of heat.  It had minimal ventiliation.  Their solution?  Bring in a portable A/C unit.  Great, but due to the humidity and the amount of heat/energy transfer, it produced a lot of condensation runoff.  There was no drain.     The solution?  Think of the largest Rubbermaid outdoor garbage can that you can buy, and put it under the unit to collect the condensation output.  It was probably 50 gallons.  It filled up in about three or four days, an indication of the output.  Part of the nightly cleaning crew's responsibility was to bail (literally) the water out of the can, and put it in a mop bucket, and wheel it down to the cleaning closet that did have a sink and empty it.  The can had wheels, but who would want to risk rolling 400 pounds of water on tinkery casters down a lavish passageway?    Problem?  On long weekends/holidays, there was no cleaning crew.  So they purchased a ""Mister Sensaphone"" (yes there really was such a device), so that when the can started to overflow, the moisture detector would trigger, it would page the system administrator, and they would drive into the office and bail it out.    All of that because they did not want to pay $30,000 to install additional ac capacity on the roof and ventilate their server room.   I think they were actually proud of this setup, like it was a demonstration of some ""out of the box"" creativity."
"The Investment Management Certificate (IMC) is the base level certification for Asset Management. Should be relatively easy to pass and might get you a leg up on other candidates.  Something that demonstrates competence in VBA would also be beneficial.  However if you want to get ahead in the City, I would suggest you focus on human psychology rather than qualifications. A book such as ""How to Win Friends and Influence People"" is going to be more beneficial than another piece of paper."
"What you're referring to is usually called an ""investment club"". If you're serious about it, it's a great way of collectively learning about investing and organizing a cooperative venture.  A friend of the family has been involved with an investment club for about 30 years. It's a great way to keep in touch, learn and invest."
"Amway is the quintessential multi-level marketing business. It's the legal equivalent of a pyramid scheme. Basically, you put up a bunch of your own cash (or a little, depending on the current market) and then essentially become a sales force of one for selling their crap. The kick comes in when you realize that there is little money in selling amway products but instead in setting up and recruiting people to do it for you. That's the crux of multi level marketing, you constantly foist the sales work onto other folks and move higher up the ""pyramid.""   Plenty of other companies like Mary Kay, doterra, thirty-one, pampered chef, etc. do this crap."
Maybe a proxy war . I’m thinking a war between the first and second largest economies in the world, both with nuclear ICBMS would be world ending, not to mention dunking both economies as they are very heavily interdependent. Word case scenario the US pulls an Iraq in Saudi Arabia with results 3x worse as Mecca is in KSA. Litterally would create a super ISIL.
&gt; On July 13, Lampert's ESL Partners entered into a short-term line of credit loans, which carry a maturity date of 151 days and a fixed interest rate of 9.75 percent per year, Sears said.  Jesus Christ.  That seems pretty desperate.  Not sure how or why this would make shares jump.  That's a hell of a rate for what is effectively commercial paper.
"In any technical field practitioners have difficulty explaining general/abstract concepts to outsiders. They're accustomed to using a particular set of concepts and ideas that make communication fast and easy between their colleagues, but make communication difficult with outsiders who don't know that language. It's usually easy to come up with a mediocre analogy that communicates the gist of the idea, but finding analogies that capture the complete essence of the concept is extremely hard (and maybe impossible).  Have you studied mathematics? Try explaining the concept of a ""continuous function"" in all its generality without talking about epsilons and deltas or open sets and inverses. You can talk about ""drawing a line and not picking up your pencil"", but that's not quite what a continuous function is. Likewise, if you've studied law, try explaining what a ""security interest"" is in its full generality without talking about liens or pledges. You can come up with specific examples, sure, but it'll be tough to find one that captures the whole concept. I'm sure you can come up with examples from whatever field it is you specialise in.  Added to this is the problem that the skill-set needed to be a good translator across disciplines isn't really valued in most corporations, including banks.   EDIT: I accidentally a word."
Matt Levine talked about a cute scam that this resembles, a kind of extended short squeeze. You manipulate up the stock of a company, so that it's obviously way above the fundamental value. Word will get out. Then the shorts come in. But the value remains stubbornly high. All the stock is held by a few insiders, but they didn't manipulate the stock price to do a pump and dump. They did it to milk the shorts on borrow cost.
"&gt;The Brokaw Act is named after the central Wisconsin Village of Brokaw, which effectively went bankrupt after Starboard Value, a New York hedge fund, acquired the Wausau Paper company. The action preceded the closure of the company’s Brokaw mill in 2012, which left about 450 people unemployed. &gt; &gt; &gt;""Everyone lost their jobs,"" Baldwin, D-Wisconsin, said. ""The community of Brokaw became insolvent in large part because of upgrades to its infrastructure for the paper mill, and when it closed, they were left with the debt, and no major employer still left in town."" &gt; &gt; &gt;The Brokaw Act would give companies more time to react when hedge funds try to take them over. &gt; &gt; &gt;The regulations would shorten the 10-day disclosure window for takeover attempts to four days. They would protect businesses from what Baldwin calls ""hedge fund wolf packs,"" by identifying funds that are working together to acquire a company. They would require derivative disclosure to prevent investors from **profiting by secretly voting against the company's interests.**  holy crap.  this is disturbing.  how common is this kind of hedge fund behavior?"
NSCC illiquid charges are charges that apply to the trading of low-priced over-the counter (OTC) securities with low volumes. Open net buy quantity represents the total unsettled share amount per stock at any given time during a 3-day settlement cycle. Open net buy quantity must be less than 5,000,000 shares per stock for your entire firm Basically, you can't hold a long position of more than 5 million shares in an illiquid OTC stock without facing a fee. You'll still be assessed this fee if you accumulate a long position of this size by breaking your purchase up into multiple transactions. Open net sell quantity represents the total unsettled share amount per stock at any given time during a 3-day settlement cycle. Open net sell quantity must be less than 10% percent of the 20-day average volume If you attempt to sell a number of shares greater than 10% of the stock's average volume over the last 20 days, you'll also be assessed a fee. The first link I included above is just an example, but it makes the important point: you may still be assessed a fee for trading OTC stocks even if your account doesn't meet the criteria because these restrictions are applied at the level of the clearing firm, not the individual client.  This means that if other investors with your broker, or even at another broker that happens to use the same clearing firm, purchase more than 5 million shares in an individual OTC stock at the same time, all of your accounts may face fees, even though individually, you don't exceed the limits. Technically, these fees are assessed to the clearing firm, not the individual investor, but usually the clearing firm will pass the fees along to the broker (and possibly add other charges as well), and the broker will charge a fee to the individual account(s) that triggered the restriction. Also, remember that when buying OTC/pink sheet stocks, your ability to buy or sell is also contingent on finding someone else to buy from/sell to. If you purchase 10,000 shares one day and attempt to sell them sometime in the future, but there aren't enough buyers to buy all 10,000 from you, you might not be able to complete your order at the desired price, or even at all.
"the ""advisory committee"" is comprised of 28 foxes and 2 hens, to determine the fate of the rest of the hens.  its implicitly obvious whose interests are being represented.  in addition, you are ignoring the profit motive as if it doesn't exist.  you are perhaps unaware how expensive and crappy US internet is compared to the rest of the first world.  is your *opinion* the same about the EPA under Scott Pruitt?  the very people the EPA is supposed to keep in check are now in charge of the EPA.  the FCC appears to be heading in the same direction"
I second the above post. I am a CFA charterholder, and have an MBA.  The CFA Charter is the gold standard for asset management and investment research. Plus, it is a self-study program. You can sit for the Level I exam as a Senior in undergraduate, and this is a huge positive signal to prospective employers.
Since making loans isn't 'casino banking', I'm going to start a small, regional lending institution that just lends money to people to buy homes.  I really want to open up home ownership to a larger group of people, maybe those who wouldn't qualify for traditional loans.  I'm just not sure whether to call it Washington Federal or Countrywide Financial.
I should mention I work as an analyst for our Wealth Management division and am also a CFA charterholder. I have done the basic research on WSO into IB and corporate banking roles. I was hoping to get into the weeds with very specific jobs and duties, if that makes sense.
Haha, this honestly confuses me more. There is no definitive way to find out before joining the workforce?   I can not join a job right away since working in a family business. Would you say its a gamble if I did CFA before joining the workforce?
This thread has been linked to from elsewhere on reddit.    - [/r/conspiracy] [Trying to identify an organisation with best or worst practice on a current management issue. Any ideas?](http://np.reddit.com/r/conspiracy/comments/2ei4q9/trying_to_identify_an_organisation_with_best_or/)   *^If ^you ^follow ^any ^of ^the ^above ^links, ^respect ^the ^rules ^of ^reddit ^and ^don't ^vote ^or ^comment. ^Questions? ^Abuse? [^Message ^me ^here.](http://www.reddit.com/message/compose?to=%2Fr%2Fmeta_bot_mailbag)*
No problem and more than happy to help!   Both posting locations I've indicated for you to browse and apply any helpful info. And to answer your question in your post: I think the Federal Trade Commission would address any regulatory concerns as internet does not seem to fall under the FCC for communications, but likely the FTC regarding advertising.   I don't think you will have many obstacles, but in addition to the FTC link below, maybe check out privacy policies and legal links on other job sites for reference.   Also posting your question in r/legaladvice etc. may get you good free feedback from legal redditors. Hope this helps and best of luck!   https://www.ftc.gov/tips-advice/business-center/advertising-and-marketing
Looks like the result got decided recently, with a little uncertainty about exactly how much is the total allowed claims: http://www.wilmingtontrust.com/gmbondholders/plan_disclosure.html http://www.wilmingtontrust.com/gmbondholders/pdf/GUC_Trust_Agreement.pdf They give the following example: Accordingly, pursuant to Section 5.3 of the GUC Trust Agreement, a holder of a Disputed Claim in the Amount of $2,000,000 that was Allowed in the amount of $1,000,000 (A) as of the end of the first calendar quarter would receive: Corresponding to the Distribution to the Holders of Initial Allowed Claims: Corresponding to the First Quarter Distribution to Holders of Units: Total: