DEFICIENCY LETTER
A letter, issued by the Securities and Exchange Commission (SEC) indicating a significant deficiency or omission in a registered statement or prospectus. A deficiency letter should be dealt with promptly, and the SEC should be alerted of any actions taken to remedy the situation. When issuing securities, a deficiency letter will usually disrupt the process. The letter will often halt the registration process, postponing the date of the issue. This prevents a company from receiving funds at an expected date.
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Automated Customer Account Transfer Service - ACATS
A system that facilitates the transfer of securities from one trading account to another at a different brokerage firm or bank. The National Securi ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
Offshore
Offshore is a term used when a company is located outside of one’s national boundaries. The term is used to describe corporations, investment ...
SEC Form 10-KT
SEC Form 10-KT is a filing which is submitted in lieu of or in addition to a standard 10-K annual report under the Securities and Exchange Commissi ...
Activity Cost Pool
In terms of managerial accounting, it is a set of cost gained when certain operations occur within the organization. By taking into account all of ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Apr | |
| 20:00 | Federal Budget Balance | Apr | |
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:50 | Summary of Opinions | ||
| 01:50 | M2 Money Supply + CD | Apr | |
| 03:30 | NAB Business Confidence | Apr | |
| 03:30 | Westpac Consumer Sentiment | May | |
| 05:35 | 30-Year JGB Auction | May | |
| 08:00 | Claimant Count Change | Apr |
