Time is Platinum.
"Late comers will be left behind."
August 23, 2006
Last August 23, 4:30 PM at IIT guardhouse time, we departed from MSU-IIT campus to start our most awaited trip to Cebu City via a Rural Transit bus that transported us to the pier in Cagayan de Oro, where we aboard Trans Asia 1. Dinner was served before departure and at exactly 8:30 PM, the ship left the port. We're together with the BS Economics and BS Physics students in the Economy A section of the ship (third floor) while our teachers were accommodated in the Tourist class.
At last, we're going to Visayas. It was really fun to travel by batch and we had some fun looking around the ship. It was a cold windy night and almost everyone slept late because of
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Nieva recognized her when they chatted while we were having the semi-formal lecture.
Three of the lawyers there gave us an overview of what is SEC all about, its functions, and how does it work. Knowing that we are majoring accounting, they also discussed about the accreditation of Certified Public Accountants. It is a requirement for the CPAs to get accredited in order to be recognized by SEC. According to them, through online transactions, one can now reserve a name by accessing through the website of SEC, the http://www.sec.gov.ph . With that, a more efficient, fast and reliable service is now available to cater the needs of their clients. This also includes registering corporations and partnerships, getting new information and memorandum orders regarding SEC and its company profiles as well as customer service. We have also seen some of the actual papers that were given to clients for the approval of the registration of the businesses. It is color coded depending on the nature of the business entity registered as to profit or not for profit, stock and non-stock.
In addition, they gave us flyers about SEC and they answered all our questions too. We had picture taking in their office together with the staffs there. Here is some of the information we got from them.
History: SEC was established on 26 Oct 1936 by virtue of the Commonwealth Act No. 83 or the Securities Act. Its establishment was prompted by the need to safeguard
The US Securities and Exchange Commission (SEC) is the US federal agency that holds the primary mandate to enforce federal securities laws and regulations to control the securities industry and the country’s stock exchange and regulation of all activities and organizations including the US electronic securities market. The SEC is committed to promoting a market environment that yields public trust characterized by integrity to attain its mission of protecting investors through maintenance of fair and efficient markets through facilitation of capital information (Basagne, 2010). The SEC financing is a major area of focus since there has been major concern regarding the SEC agency financing and whether they utilize the
The Securities and Exchange Commission has the mission of protecting investors by maintaining fair, orderly and efficient markets. The SEC does this in a number of ways, and firms need to pay attention to these ways in order to ensure SEC compliance. The SEC has enforcement authority over a number of areas related to the nation's capital markets, including insider trading, accounting fraud, and providing false information. The SEC's jurisdiction extends to all securities that are traded publicly. Privately-held companies do not need to register with the SEC (SEC.gov, 2012).
After the American Revolution which took place between 1775 to 1783 the number of securities increased dramatically. The amount of shares being bought grew so large that brokers had to organize in order to handle the growing volume. In 1800 the
We did a great mass of marvelous things. One of the most amazing things we saw was Hogwarts, the school from Harry Potter. We drove back to the Briscoes’ house and stayed there for about four more days. The fun was not over. The next day we went to Clam Pass Beach in Naples. You would not believe how incredibly soft that sand was! It felt like I was walking on marshmallows! As I watched the sun sink into the ocean I spoke to myself, “This is the best vacation ever.”
The SEC assists in providing investors with reliable information upon which to make investment decision. The Securities Act of 1933 requires most companies planning to issue new securities to the public to submit a registration statement to the SEC for approval. The Securities Exchange Act of 1934 provides additional protection by requiring public companies and others to file detailed annual reports with the commission. Smackey Dog Food, need to file next forms:
The SEC was created due to the stock market crash of 1929 which led to the great depression. The SEC was created to protect investors in security exchanges such as the stock market. It is responsible for oversight of both private investment and corporate investment dealings.
The SEC was created to help investors get reliable information about the company they are investing in. The Securities Act of 1933 requires most companies planning to issue new securities to the public to submit a registration statement to the SEC for approval. The Securities Exchange Act of 1934 provides additional protection by requiring public companies and others to file detailed annual reports with the commission. The SEC follows the GAAP’s reporting requirement for financial statements. As for Smackey Dog Food they are a
I finally made it to America! The journey from Italy was definitely more challenging than I would have expected. When I first decided I would move here, I didn't expect the amount of storms that we hit. On the week journey, there was only a few days when it did not rain. We were so close together in the bottom of the ship that there was barely any room to breathe! I was barely allowed on the upper decks, which made the lower deck seem so much more crowded. I heard someone say that there was around 3,000 people on the ship alone, and most of them were in steerage class with me. I didn't get the opportunity to change my clothing, and we were only allowed to shower in salt water, if at all. The meals consisted of soups or stews throughout
In August 14, 1935 Social Security was established by the founder of Franklin D. Roosevelt. Social Security had a program known as social insurance for what it consists of retirement, disability, and survivors’ benefits. Those benefits included taxes. Let’s go back in time and explore the history and issues that were involved in social security. (Social security of United States)
The place where I completed my field assignment was a private program. Inside the classroom, there were 16 6-8 years old with two teachers. KW was the lead teacher and MS was the assistant. The program runs five days a week from 7:45-4:45. A fourth of the students in the class had IFSP/IEPs.
The Securities Act of 1933 was enacted as a result of the market crash of 1929 (). It was the first major piece of federal legislation to apply to the sale of securities. The legislation was enacted as the need for more information within and about the securities markets was acknowledged. Prior to 1933, regulation
No one is born a parent; no one really is a perfect parent. Dibs: In Search of Self is a perfect example of this as both parents had no idea how to raise a child in a loving, compassionate home. Dibs’ mother stated from the get go that the boy seemed to have it out for her and he was responsible for ruining her and her marriage. The father was completely wrapped up in his work and studies and made sure he’d made no time for his children. Additionally, his children had been instructed to stay out of his room while he was home. Once Dibs’ sister is born, he is again pushed further away as their mother spoils the little girl. Eventually, however even the sister is sent away to a boarding school.
The day has come, finally my very first vacation. I got up with excitement and I remember looking out my window and seeing how the sunrise was spreading across the sky. I remember my mom calling my siblings
The Feiner Points of Leadership is one of the interesting and application oriented books I have read. I would recommend the book to my friends and colleagues who aspire to be a good leader. This book should be read by all the leaders and managers to be successful. It exemplifies some of the important skills manager or leader should practice at the same time it explains the mistakes one should avoid being a successful and effective leader. Michael Feiner’s experience in PepsiCo, given examples and instances in his tenure makes it easier to understand the facts in detail. These examples also helps retain all the points and laws explained in the book.
Securities regulations began when Congress enacted the Securities Act of 1933 in reaction to the 1929 Stock Market Crash—the infamous start of the Great Depression. The legislature created the 1933 Act to safeguard the economy from experiencing another event like the Great Depression. The objective of the Securities Act of 1933 was to “require that investors receive financial and other significant information concerning securities being offered for public sale; and prohibit deceit, misrepresentations, and other fraud in the sale of securities.” In other words, the Securities Act of 1933 required issuers to fully disclose all material information that a reasonable shareholder would require in order to make up his or her mind about a potential investment. The Act focuses on governing offerings by issuers and creating transparency between issuers and investors so that investors receive more protection than prior to the Act.