Category: Finance

June 27, 2022

Understanding Threshold Lists In January 2005, the SEC implemented Regulation SHO to reduce the abuse of naked short selling, where the seller does not borrow or arrange to borrow the securities in time to make delivery to the buyer within […]

June 22, 2022

Illinois has enacted amendments to the Child Bereavement Leave Act, expanding the law’s scope and renaming it the “Family Bereavement Leave Act” (FBLA). The amendments are effective Jan. 1, 2023, and the two major purposes are to: (1) expand the […]

June 20, 2022

The Big Picture of Islamic Banking Although Islamic finance began in the seventh century, it has been formalized gradually since the late 1960s. This process was driven by the tremendous oil wealth that fueled renewed interest in and demand for […]

June 17, 2022

On June 7, 2022, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) introduced the Responsible Financial Innovation Act (RFIA), which seeks to create a complete regulatory framework for digital assets. This is the second in a series of blogs […]

June 13, 2022

The Roth IRA has many benefits compared to the traditional IRA. Distributions from traditional IRAs, for example, are generally treated as ordinary income and may be subject to income tax. Distributions from traditional IRAs may also be subject to an early distribution penalty […]

June 8, 2022

A contractual dispute had arisen between M/s Karam Chand Thapar & Co (“Petitioner”) and MMTC (“Respondent”), which was referred to arbitration. The arbitral tribunal had passed an award in favour of the Petitioner, which was being enforced by the Petitioner […]

June 3, 2022

What Is a Credit Facility? A credit facility is a type of loan made in a business or corporate finance context. It allows the borrowing business to take out money over an extended period of time rather than reapplying for […]

June 1, 2022

Understanding Quasi Contracts Quasi contracts outline the obligation of one party to another when the latter is in possession of the original party’s property. These parties may not necessarily have had a prior agreement with one another. The agreement is […]

May 31, 2022

Launched in 1999 as part of the EU’s integration as the European Economic and Monetary Union (EMU), the euro was strictly an electronic currency until the introduction of paper notes and coins denominated in euros in 2002. The euro is […]

May 23, 2022

FIRST LOOK: Dozens of House Republicans are making it clear that they oppose any efforts to impose a windfall tax on U.S. energy companies. About 50 GOP lawmakers in all — including every Republican on the House Ways and Means […]