Answers

Where to get information of Law for Investment Banks?
Saginaw County is home to numerous business services providers from accounting to investment.

Dear friends,

I need help to get information about Laws of Investment Banks, where can I find them?

Please advice!!!


It is the law that all public companies or companies to be listed as public must disclose certain information.

Securities Act of 1933
http://www.sec.gov/about/laws.shtml

Securities Act of 1934
http://www.sec.gov/about/laws.shtml#secexact1934

Investment Company Act of 1940 (mutual fund disclosures)
http://www.sec.gov/about/laws.shtml#invcoact1940

Array


Workshop

What is the Maryland UTMA law for custodial investment accounts?
computer money internet

I am mostly concerned with age requirements, but I would like all the information I can get. Thanks!


The only thing that really differs between states is the number of custodians allowed (normally one) and the age of majority/termination. The age of termination for a UTMA in Maryland is 21.

Is the tax law on investment property changing soon regarding the live-there-2-of-the-last-5-years rule?
Terrance1254SAD

Currently IRC Section 121 allows a taxpayer to exclude up to $250,000.00 of gain ($500,000.00 if married filing jointly) from the sale or exchange of a principal residence, provided the principal residence must have been owned and used as such for an aggregate of two or more years during the five year period ending on the date of the sale.
I was recently told that rule may be changing in 2009.

Becoming a lawyer for an investment bank or dealing with stock issues?
roofKemboToni0270SAD

what law schools offer programs that specialize in stocks or investment law? and what are the best ones? How much do lawyers that practice invesment law get paid? How hard is it to get into a school and how competitive is the job market? What do investment lawyers typically do? and do they work for law firms or invesment banks?


Work hard to get to a very good law school and work hard while in law school. You don't want to be a lawyer for an investment bank - IPO and M&A work is always done by external legal teams.

Schools? Think top 10-15.

Law firms? Skadden, Simpson Thatcher, Davis Polk, Sullivan & Cromwell, Jones Day, Weil Gotschal are some of the best.

Competitive? You better believe it.

Can one work at a law firm for 10+ years and than become a partner at an investment bank?
lunchexecs0137SAD

Example: Someone at Cravath, Swaine & Moore worked for 15 years than decided to move to Goldman Sachs.

Will that person be qualified to become a partner after 1-2 years later?

What is the qualification of being a partner?


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