A bail bond is a surety bond that is posted by a bail bond agent on behalf of a defendant in order to secure their release from jail. The bail bond agent essentially agrees to pay the full bail amount if the defendant fails to appear in court. Bail bonds are typically used in criminal … Read more
The Consumer Credit Protection Act of 1968 (CCPA) is a federal law that protects consumers from unfair and deceptive credit practices. The CCPA establishes several important consumer rights, including the right to privacy, the right to fair credit reporting, and the right to fair debt collection. The CCPA also regulates the credit reporting industry and … Read more
Volcker Rule: What It Is, What It Does, and Why Some People Don’t Like It Is the Volcker Rule a law? The Volcker Rule is not a law. It is a rule that was promulgated by the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance … Read more
A covered security is a security that is: 1. Traded on a national securities exchange; 2. Registered with the SEC under the Securities Act of 1933; or 3. A security of a foreign government or an international organization that is designated by the SEC as a covered security. The term “covered security” is important because … Read more
1. Licensing Agreement: Definition and Examples 2. Types of Licensing Agreements 3. The Benefits of Licensing Agreements What are two forms of licensing? The two main types of licensing are copyright and trademark. Copyright protects original works of authorship, such as books, movies, and music. Trademark protects brands, logos, and other distinctive features. What licensing … Read more
The term “blue sky laws” refers to state-level securities regulations that are designed to protect investors from fraudulent business practices. These laws typically require businesses to disclose certain information about their operations and financial condition in order to sell securities to the public. The term “blue sky” is thought to have originated in the early … Read more
The Statute of Frauds is a law that requires certain contracts to be in writing in order to be enforceable. The rationale behind this law is to prevent fraud and to ensure that contracts are not created based on false promises. The types of contracts that are typically covered by the Statute of Frauds include … Read more
The Markets in Financial Instruments Directive (MiFID) is a set of European Union directives designed to harmonize the regulation of investment services across the EU and to increase competition by opening up the market to new players. The directive was first introduced in 2004 and was updated in 2007 and again in 2014. The 2014 … Read more
MiFID II: Definition, Regulations, Who It Affects, and Purpose. What products are in scope for MiFID II? In the European Union, the Markets in Financial Instruments Directive II (MiFID II) is a set of regulations that came into effect on January 3, 2018. The directive strengthens investor protection and increases transparency in financial markets. It … Read more
Soft power is the ability to shape the preferences of others through attraction and persuasion. It is different from hard power, which is the use of force or coercion to get what you want. The concept of soft power was first introduced by Joseph Nye, a political scientist at Harvard University, in the 1990s. He … Read more
