Katee Rule 147 is a safe harbor provision under the Securities Act of 1933 that exempts certain intrastate offerings from the registration requirements of the federal securities laws. In order to qualify for the exemption, the issuer must satisfy a number of conditions, including that: The offering is made only to residents of the state in … Read more
A manifest variable is a type of latent variable that is used to predict another variable. Manifest variables are also sometimes called predictor variables or independent variables. What is the purpose of confirmatory factor analysis? Confirmatory factor analysis is a statistical technique used to assess the fit between a proposed model of relationships between variables … Read more
A green-field investment is an investment made by a company in a new product, market or business activity. It is usually made in an effort to increase the company’s growth or diversify its business. Green-field investments can be risky, but they can also offer a high potential return. There are a number of reasons why … Read more
Universal default is a policy implemented by some credit card companies whereby the issuer will increase the interest rate on a cardholder’s account if the cardholder defaults on any loan or credit agreement. This policy is also sometimes referred to as the universal default clause. Under a universal default policy, if a cardholder is late … Read more
