Toby A proxy statement is a disclosure document that is required to be filed with the U.S. Securities and Exchange Commission (SEC) by a company that is soliciting proxies for its annual shareholder meeting. The proxy statement provides shareholders with information about the company’s executive compensation, board of directors, and corporate governance. It also includes information … Read more
A beneficiary is someone who is legally entitled to receive money or other property from a will, trust, insurance policy, retirement account, or other financial account. The person who creates the will, trust, or account (the “grantor” or “account owner”) can name any person, organization, or entity as a beneficiary. What is beneficiary abuse? Beneficiary … Read more
A covered straddle is an options trading strategy that involves buying a call and a put with the same strike price and expiration date, and holding them both until expiration. The idea behind this strategy is to profit from price movement in either direction, while at the same time having limited downside risk. To implement … Read more
