III. Compliance A. While investigating the shares offered to you by your potenti
ID: 2757927 • Letter: I
Question
III. Compliance A. While investigating the shares offered to you by your potential boss, you discover that the company you are considering working for is not registered as required under the Securities Act of 1933. How does this influence you as a potential employee and as a potential shareholder? Be sure to reference any applicable statutes or laws. B. You know that accepting this job may eventually lead to a promotion into the role of the financial manager. As the potential financial manager, what federal and shareholder requirements would you need to be familiar with in order to ensure that you are being completely compliant?
Explanation / Answer
A)
Every company listed and trading in the exchange shall register under securities(Regulation) act,1956.To safeguard the interests of the shareholders and the employees it has to be registered.
Becasue the funds traded are belong to public.
B)
Finance manager has to be reliant in all federal tax laws in order to avoid late or non-tax payments.He shall possess sound knowledge on tax laws and insurance and other required laws.