The Fiscal Cliff aside, what can savers, borrowers and investors expect in 2013? Dividend and Capital Gains taxes. As it stands now, the rate on long-term capital gains is scheduled to increase from 15% to 20% and the Federal Tax Rate on dividends is scheduled to increase from 15.0% to 43.4% Higher taxes relating to […]
Archives for December 2012
Signature Validation Program
What is SVP? The Signature Validation Program is a plan designed to provide protection against fraud and forgery for non-securities transactions that are not covered under section 306 of the UCC. SVP Stamps are used across the investment industry to protect shareholder accounts from unauthorized maintenance or non-financial requests. How does SVP work? An officer […]
Micro-Cap Fraud
Micro-cap stocks are shares in companies that are not well-established, have a small number of shares in public hands (“thinly traded” shares) and often trade at less than $5.00 per share. The SEC is concerned about implementing new rules and regulations on micro-cap companies due to the potential increase in fraud. A majority of brokers […]