Financial Industry Regulatory Authority

A bank is a financial institution that collects society’s additional cash and gives a part of that as loan to investors for earning profit. It is a mediator organization that makes relationship between the owner of additional savings and the investor of scarcity capital. Bank receives money from the depositors relatively lower interest payment and grant short term and long-term loans to the borrowers with high interest. In this process, the difference between these two interests is the bank’s…

prices just as much as Shkreli did, with no consequences other than soaring stock prices. In September of 2016, the makers of the Epipen (The Epi-pen is only the latest in a long string of shocking and reprehensible price hikes in the pharmaceutical industry In 2015, Martin Shkreli, then CEO of Turing Pharmaceuticals, became the “most hated man in America” when he purchased the antiparasitic drug, Daraprim, and raised the price, literally overnight, from $13.50 per pill to a visceral…

Standard 12. Education The nurse administrator attains knowledge and competence that reflect current nursing practice and promote futuristic thinking (ANA, 2106). Mr. Curtis demonstrates a commitment to a lifelong learning through self-reflection and inquiry to address learning and personal growth needs. In addition, he seeks and participates in formal and informal independent learning experiences to develop and maintain knowledge, skills, abilities, and judgement in administrative practice…

intentional and malicious acts of others (Gilley, 2009). It is crucial to a business because it affects the operations of the business, and information on how the business operations such as its methods for production or services, physical safety, financial information, employee records, and customer data (Gilley, 2009). Security is essential to businesses because of the complexity of their competitive environment, any breach, compromise, stolen or tampered information or safety risks, the…

career. Another 5 percent chose their college because they received financial aid or scholarships." None of these statistics had anything to do with the financial part of school. High school always talks about the advantages college has, but do they tell you how expensive it can get? Not only do students need to realize how much college is going to cost, but parents need to also. "A college education is among the biggest financial investments a person will make in his or her lifetime, said…

as those surrounding the Enron Corporation and WorldCom, this act of legislation demands full disclosure of the financial practices of a corporation in order to build investor confidence in financial statements and the market as a whole. The three main sections of the SOX Act are sections 302, 404, and 802. Section 302 demands that top management vouch for the accuracy of their financial statements. Section 404 establishes internal controls. This is extremely costly because setting up and…

comes into the market, it must go through a series of rigorous clinical trials. Once a drug has been approved for some indication, the FDA has almost no legal control over how that drug is actually prescribed1. This is because the FDA has no legal authority to regulate physicians and the practice of medicine as such. Hence a physician may choose to prescribe a drug for an indication that is unapproved by the FDA. The practice of prescribing a drug for a purpose other than that for which it is…

consumption of the Australian music industry, the policies the federal government has put in place and capitalism in the music industry. According to Homan & Gibson (2007, p.61) There has been a lot of media coverage and public speculation about change in the music industry. These changes include new technologies, new agents and artists, and existing infrastructures that have been superseded by new ones. Molteni & Ordanini (2003, p. 390) conducted a research on the music industry since it is…

inside the organisation, the financial accounting produces external financial statements for public use and presents to shareholders, creditors and governmental agencies, focusing its action on historical aspects generating accurate and timely data observing the organisation as group. When management accounting not only analyses the company as a whole but also divides the organisation into departments (Shim & Siegel, 1999). Although management accounting and financial accounting have different…

corporations accountable for the decisions made. Many sectors of businesses complained about government regulations and their restrictive requirements. With these regulations in place companies have still posted large profits as the nation emerges from financial crisis. Many of the companies were assisted by government bailout and stimulus programs that paid back their loans. These statutory requirements have been denounced, side-stepped, and violated by many businesses since the early…