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Boiler Room (business)
In business, the term boiler room refers to an outbound call center selling questionable investments by telephone. It usually refers to a room where salespeople work using unfair, dishonest sales tactics, sometimes selling penny stocks or private placements or committing outright stock fraud. A common boiler room tactic is the use of falsified and bolstered information in combination with verified company-released information. The term is pejorative: it is often used to imply high-pressure sales tactics and, sometimes, poor working conditions. Business structure The classic image of a boiler room is that it has an undisclosed relationship with the companies it promotes, or an undisclosed profit motive for promoting those companies. Once the insider investors are in place, a boiler room promotes (by telephone calls to brokerage clients or spam email) these thinly traded stocks (i.e. stocks that are not purchased or sold very often) where there is no actual market. The broke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Microcap Stock Fraud
In business and investing, term microcap stock (also micro-cap) refers to the stock of public companies in the United States which have a market capitalization of roughly $50 million to $300 million. The shares of companies with a market capitalization of less than $50 million are typically referred to as nano-cap stocks. Many micro-cap and nano-cap stocks are traded over-the-counter with their prices quoted on the OTCBB, OTC Link LLC, or the Pink Sheets. The larger, more established micro-caps are listed on the NASDAQ Capital Market or American Stock Exchange (AMEX). This is true in the US, but by contrast—in Australia, for example—nano-cap companies are commonly listed on the Australian Securities Exchange (ASX). Microcap stocks are in many ways different from other stocks since they are from companies with a small market capitalization and are usually traded on stock exchanges that do not require minimum standards, such as a minimum amount of net assets or a minimum nu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crime And Corruption Commission
The Crime and Corruption Commission (CCC) is an independent Queensland Government entity created to combat and reduce the incidence of major crime and to continuously improve the integrity of, and to reduce the incidence of misconduct in, the Queensland public sector. Formerly the Crime and Misconduct Commission (CMC) 2002–2014. The CCC also has a witness protection function. The commission was established on 1 January 2002,Crime And Misconduct Act 2001 - Section 220'. Queensland Consolidated Acts. Retrieved on 4 July 2011. when the former Criminal Justice Commission and the Queensland Crime Commission were merged into a single entity under the name Crime and Misconduct Commission. The CCC has investigative powers, not ordinarily available to the police service, for the purposes of enabling the commission to effectively investigate particular cases of major crime. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Queensland
) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_date = Colony of Queensland , established_title2 = Separation from New South Wales , established_date2 = 6 June 1859 , established_title3 = Federation , established_date3 = 1 January 1901 , named_for = Queen Victoria , demonym = , capital = Brisbane , largest_city = capital , coordinates = , admin_center_type = Administration , admin_center = 77 local government areas , leader_title1 = Monarch , leader_name1 = Charles III , leader_title2 = Governor , leader_name2 = Jeannette Young , leader_title3 = Premier , leader_name3 = Annastacia Palaszczuk ( ALP) , legislature = Parliament of Queensland , judiciary = Supreme Court of Queensland , national_representation = Parliament of Australia , national_representation_t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Queensland Police Service
The Queensland Police Service (QPS) is the principal law enforcement agency responsible for policing the Australian state of Queensland. In 1990, the Queensland Police Force was officially renamed the Queensland Police Service and the old motto of 'Firmness with Courtesy' was changed to 'With Honour We Serve'. The headquarters of the Queensland Police Service is located at 200 Roma Street, Brisbane. The current Commissioner is Katarina Carroll. The Commissioner reports to the Minister for Police, presently Mark Ryan. History Queensland came into existence as a colony of the British Empire on 1 December 1859. The region was previously under the jurisdiction of the New South Wales governance with towns policed by small forces controlled by the local magistracy. ''The Police Act of 1838'' (2 Vic. no. 2) which officially codified a variety of common behaviours as criminal and regulated the police response to them, continued as the template for policing. On 13 January 1860, Edr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cold Calling
Cold calling is the solicitation of business from potential customers who have had no prior contact with the salesperson conducting the call. It is an attempt to convince potential customers to purchase either the salesperson's product or service. Generally, it is referred as an over-the-phone process, making it a source of telemarketing, but can also be done in-person by door-to-door salespeople. Though cold calling can be used as a legitimate business tool, scammers can use cold calling as well. Evolution Cold calling has developed from a form of giving sales pitch using a script into a targeted communication tool. Salespeople call from a list of potential customers that fit certain parameters built to help increase the likelihood of a sale. This modern cold calling, sometimes called "warm calling", tries to "dig deeply to understand" the potential customer. Criticisms With the development of newer technology and the Internet, cold calling has gained some criticism. Jeff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shelf Corporation
A shelf corporation, shelf company, or aged corporation is a company or corporation that has had no activity. It was created and left with no activity – metaphorically put on the "shelf" to "age". The company can then be sold to a person or group of persons who wish to start a company without going through all the procedures of creating a new one. Reasons for buying Common reasons for buying a shelf corporation include: * To save the time involved in taking the steps to create a new corporation. * To gain the opportunity to bid on contracts. Some jurisdictions require that a company be in business for a certain length of time to have this ability. * To show corporate longevity in order to attract consumers or investors. * To gain access to corporate credit. These reasons are open to criticism. Many years ago, it would take months to properly incorporate a business. However, it is now quite easy, at least in Australia, Canada, the United States, Western Europe and Dubai, to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Criminal Intelligence Commission
The Australian Criminal Intelligence Commission (ACIC) is a law enforcement agency established by the Australian federal government on 1 July 2016, following the merger of the Australian Crime Commission (ACC) and CrimTrac. It has specialist investigative capabilities and delivers and maintains national information sharing systems. ACIC is part of the National Intelligence Community. History Predecessors On 1 January 2003, the Australian Crime Commission (ACC) was established under the ''Australian Crime Commission Act 2002'', superseding the National Crime Authority (NCA), the Australian Bureau of Criminal Intelligence (ABCI) and the Office of Strategic Crime Assessments (OSCA). CrimTrac was established as an agency in the Attorney-General's Department in 1990. Establishment and legal framework On 1 July 2016, the ''Australian Crime Commission Amendment (National Policing Information) Act 2016'' (Cwlth) amended the ACC Act to implement the carrying over of CrimTrac's fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Coast, Queensland
The Gold Coast is a coastal city in the state of Queensland, Australia, approximately south-southeast of the centre of the state capital Brisbane. With a population over 600,000, the Gold Coast is the sixth-largest city in Australia, the nation's largest regional city, and Queensland's second-largest city after Brisbane. The city's Central Business District is located roughly in the centre of the Gold Coast in the suburb of Southport, with the suburb holding more corporate office space than anywhere else in the city. The urban area of the Gold Coast is concentrated along the coast sprawling almost 60 kilometers, joining up with the Greater Brisbane Metropolitan Area to the north and to the state border with New South Wales to the south. Prior to European settlement the area was occupied by the Yugambeh people. The demonym for the Gold Coast is Gold Coaster. The Gold Coast is a major tourist destination with a sunny, subtropical climate and has become widely known for i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Financial Regulatory Authorities By Country
The following is an incomplete list of financial regulatory authorities by country. List A-B * Afghanistan - Da Afghanistan Bank (DAB) * Albania - Albanian Financial Supervisory Authority (FSA) * Algeria - Commission d'Organisation et de Surveillance des Opérations de Bourse (COSOB) * Andorra - Andorran Financial Authority (AFA) * Anguilla - Anguilla Financial Services Commission * Antigua & Barbuda - Financial Services Regulatory Commission * Argentina - (CNV) * Armenia - Central Bank of Armenia (CBA) * Australia: ** Reserve Bank of Australia ** Australian Prudential Regulation Authority (APRA) ** Australian Securities and Investments Commission (ASIC) ** Australian Takeovers Panel *Foreign Investments Review Board (FIRB) *Australian Transaction Reports and Analysis Centre (AUSTRAC) * Austria: ** Financial Market Authority (FMA, ''Finanzmarktaufsichtsbehörde'' in German) ** Oesterreichische Nationalbank ** Austrian Takeover Commission (''Übernahmeko ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulation
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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