Friday, January 31, 2020
The US Securities Exchange Commission (SEC) Essay Example for Free
The US Securities Exchange Commission (SEC) Essay The US Securities Exchange Commission (SEC) is a Federal law-enforcing agency that ensures certain statues and regulations are followed in the US Securities markets. It protects the investors in the market, and at the same time maintains the integrity and the strength of the market. This would benefit not only the investors, but also other market stakeholders such as the public. Some of the important characteristics of the market ensured by the SEC include flexibility, stability, dynamics and sophistication. The SEC would also maintain freeness, fairness, order and efficiency in the markets. This would enable the capital to build and develop further. THE SEC believes in certain values such as integrity, responsibility, fairness, resourcefulness, teamwork and commitment for excellence (US SEC, 2006). The SEC was created in the year 1934, following the creation of the Securities Exchange Act, 1934. The Act was basically meant to protect the investors from financial crashes in the stock market. Following the World War-1, the people believed that the market was a place where they could transform from ââ¬Ërags to richesââ¬â¢. However, following the 1929-Great Stock market crash, people began to lose confidence in the markets. During the Great Depression period, investors lost great sums of money, and people began to lose hope that the market would ever recover. This was when the government stepped in and tried to frame laws for the betterment of the public. The Securities Act was mainly to ensure that the investor feels that the market is a safe place to invest. It help enable the investor to know more about the business of the company they are investing, the type of securities the company is selling and the risks involved during investing. The brokers, traders and sellers of the securities would have to treat the investor with respect, ensuring that their interest is maintained at all times (US SEC, 2007). The SEC consists of Commissioners who are being appointed by the President for a 5-year term. One of these commissioners is given the post of Chairman. These Commissioners have to be from different political parties. The SEC has 4 divisions and 18 offices. The headquarters of the SEC lies in Washington DC (US SEC, 2007). The SEC would perform several function including:- 1. Create new laws and modify the existing laws concerning securities 2. Help to comprehend the laws regarding securities 3. Monitor the market situation regarding securities especially the brokers, investors, traders, advisors, agencies, etc 4. Ensure that the private regulatory security organizations are functioning in a proper manner 5. Ensure that organizations outside the US are following the laws laid down in the Securities statue. (US SEC, 2007) References: U.S. Securities and Exchange Commission (2006). U.S. Securities and Exchange Commission2006 Performance and Accountability Report, Retrieved on November 3, 2007, from US SEC Web site: http://edgar.sec.gov/about/secpar/secpar2006.pdf U.S. Securities and Exchange Commission (2007). US The Investors Advocate: How the SEC Protects Investors, Maintains Market Integrity, and Facilitates Capital Formation, Retrieved on November 3, 2007, from US SEC Web site: http://www.sec.gov/about/whatwedo.shtml
Thursday, January 23, 2020
Hullabaloo within the Media of China and Tibet :: Government China Tibet Essays
Hullabaloo within the Media of China and Tibet Since the 19th century, relations between the Chinese government and the people of Tibet have continually been on the decline. While there are many issues which lie at the heart of this conflict, recent events have drawn more focus to the economic relationship between the two. In February 2001, China passed legislation giving the needed approval to begin construction on the controversial Qinghai-Tibet railway. Stretching from mainland China to Lhasa, the capital of the Tibetan Autonomous region, completion of 'the world's tallest railway' would join together two regions previously only connected by air and treacherous roads (WTNN par1-2, 7). This development, while fully supported by the Chinese government, is receiving heavy scrutiny from the people and the government of Tibet. This controversy does not revolve around the railway itself, but rather the effect it will have. In the wake of this debate, the challenge lies with the media to present a clear, unbiased report of the argume nts, without taking up sides. Examination of the Chinese nationalist press and the news reports from the Tibetan nationalist groups, as well as a glance at third party news sources, proves there is little media coverage which does not carry with it some undertones of a political or social nature. These underlying connotations, uniquely created to reach each target audience, function to affect the message received by the average reader. An analysis of the target audience of each media source reveals not only the type of undertone presented, but also its predicted effectiveness. In China, there is one national English language newspaper: China Daily. Because it is written in English, and as a result of its online availability, one can reasonably assume the target audience for this newspaper is most notably people residing outside of mainland China. On March 9, 2001, China Daily published an article providing quotes and excerpts from speeches made by deputies of the National People's Congress (NPC) and members of the Chinese People's Political Consultative Conference (CPPCC) during their annual session. Among the speakers on the topic of new railway development was Lobsang Gyaincain, an NPC deputy and the mayor of Lhasa, the capital city of Tibet. In his address, he highlights the benefits of building the Qinghai-Tibet railway, citing its ability to "enhance exchanges between ethnic groups, reinforce economic development in Western China, and modernize the concepts and styles of Tibet while not posing a threat on people's religious beliefs" (China Daily 4,6).
Wednesday, January 15, 2020
Capitol Lake
The history Of the lake goes all the way back to 1951 , when a dam was built, as well as a concrete passage on 5th Avenue. The initial design was too construct a man-made lake though a dam with underwater mudflats. The dam was finally constructed to help renew a part of Bud Inlet shores that was in deterioration. Many years later in the year of 1997, a team of representatives was formed to study the problems of the lake. In 2009, an endorsement was made for the future of preserving the lake. One issue among Capitol Lake is the sediment that comes and reconciles to he bottom of the lake.Over 35,000 cubic yards a year of sediment travel into the lake a year! This means now that the lake is 21 % smaller than it was when it was created. This small amount of water is turning the lake into a swamp. Since the capacity of water in the Capitol Lake is much smaller than it was before, the temperature in the lake is getting much higher. The shallow waters cause the lake to heat up much quicker. These high temperatures support aquatic weeds to grow in abundance, and put anxiety on the fish and other marine life.Another problem among Capitol Lake is the water quality. Phosphorus and bacteria are both found in the water, posing a negative effect to the lake. The high levels of phosphorus promote the growth of algae. Oxygen is also used up for marine life in the lake, by algae that putrefy. As well as fecal chloroform bacteria are found among the lake, that wash into the lake and can be very harmful to health. Lastly, the lake has invasive species. Eurasian million weeds crowd the shoreline for native plants, reducing populations of native fish and other species.The New Zealand Mutandis is also another invasive species which is taking over the habitat and native snails which depend on food. As you can see Capitol Lake is very polluted and unhealthy. But there are solutions. The Descartes Estuary Restoration Team (DEER) and the Capitol Lake Improvement & Protective Association (CLIP) have both proposed suitable ideas to save the future of Capitol Lake. The first possibility by DEER would be to remove the dam, letting Capitol Lake and the Descartes River to meet and create an estuary, like it was back in the sass.The benefits of an estuary are that it would return everything to a natural presence. An estuary would give the lake and opportunity to flush and purify. It would also result in the temperature of the water to drop, greatly reducing algae population. Removal of the dam would also result in a possibility of the invasive species not surviving as well as young salmon would be able to access the estuary. Water quality would improve, as bacteria would decrease. Lastly, it would show an increase in native wildlife and different recreation.Establishing the estuary would result in over 114 million dollars, and without sediment rearrangements. Further cost details and endowments are still being inquired. The idea by CLIP would be to keep the lake as a lak e, but to dredge and clean it as needed; this would tidy the lake without having to remove the dam. The benefits of keeping the lake, would be hold the lake as one of the ââ¬Å"Jewels of Thornton County as well as a major part of the State Capitol Campus. The lake very much protects the downtown area of Olympia by controlling floods.Opening the dam would result in smelly mudflats, as well as change the Marina and Boating Recreation. Keeping the lake as it is also would prevent an increase of sediment flow into the Bud Inlet. Culpa also believes that keeping the lake would prevent Nitrogen and Phosphorus from accessing the river. The also lake supports the local economy and local events such as Lake Fair, and is a key location for tourism in the Olympia area. Financially, this plan would cost about million dollars over a fifty year period. This includes mainly dredging, renewal of habitat, and dredging.This project would be paid from partnerships and state funding such as the City o f Olympia, Marine and Yacht Club, and Port of Olympia. So as you can see both proposals, have their pros and cons. Based on these two main ideas have researched about, I believe that the Capitol Lake Improvement & Protection Association (CLIP) is the best plan for the future of Capitol Lake. The lake is truly a major icon to Olympia and if an estuary were to open, the beauty and tourist attraction the lake delivers would greatly reduce.For example, if the dam were to be taken away, what would happen o Likelier and other large city events? Traditional events and activities by the lake might not even happen anymore if it becomes an estuary. But most importantly based off scientific evidence, removing the dam, would result in smelly tidal mudflats. Nobody wants a stench that will wander the air every time they go outside. As World War II veteran who grew up in Olympia (who has experienced these mudflats), Dick Seward, explains ââ¬Å"The Mudflats and any water in the area had a stench that I'll never forget.All this pollution is what nearly killed off the Oystersâ⬠. So as you can see the smell really isn't pleasing. Creating an estuary would also greatly increase the flow of sediment, and Nitrogen into Bud Inlet, which shouldn't be there. CLIP'S proposal is half the price as well, and will save a lot of money. So who wants an unbearable terrible stench that will fill up the atmosphere? Why should the harmful chemicals be brought up to Bud Inlet and the Descartes River? Why should we risk the future of our economy and one of our main tourist attractions?
Tuesday, January 7, 2020
My First Day Of High School - 868 Words
It can be rather strange when a memory from the past can remain so vivid in our head even after periods of time has passed by. By far my favorite example was the first day of high school. It was day of so many mixed emotions, a day that will remain so clear and fresh in my memory. My first day was a bright sunny morning, I remember being so anxious I hardly slept. I remember taking an hour picking my first day outfit, I wore a yellow button down flowy shirt, beige skinny jeans, and some sparkly new shoes. My best friendââ¬â¢s older sister had decided to take us because she was an incoming senior that year and she wanted to make sure we knew where our classes were, she manly wanted us to feel comfortable and at home. but how do you feel comfortable knowing youââ¬â¢re just a new tiny fish in a gigantic sea. As Darrian opened the door for us she began to start showing us around the school, after she had showed us everything, she told us ââ¬Å"you all are on your own now, good luck.â⬠As soon as I saw her walking away I suddenly started to panic but I managed to keep my cool. I took a deep breath and started to stroll the hallways of John B. Alexander High school trying not to get run over by a stampede of students trying to get to class as well. Most of them were running around like crazy people, inches away from pushing me. I felt so alone, almost like a stray kitten lost in the streets of a big city. All I wanted to do was get out of there, but I knew I couldnââ¬â¢t do that. I walked into myShow MoreRelatedMy First Day Of High School904 Words à |à 4 PagesMy first day of high school was my first time attending school in America. It was the scariest week of my life. I had only been in America for two month when my mother told me I had to start high school next week. I was very nervous and scared, but my mother told me that the school was going to be similar to my school in Egypt. I donââ¬â¢t remember why I believed her at this time. Thought, I think I wanted to believe that everything was going to be normal and regular. The day before going to school,Read MoreMy First Day Of High School938 Words à |à 4 Pageswhether they want to or not, what matters is if they accept the change for the better rather than the worse. As a high school student, I have learned to accept changes as just part of my life. I have experienced a lot of changes in my life from ninth grade to senior year of high school, from my physical strength, personality, involvement, and my ability to grow as a potential teacher one day. These changes have all been beneficial in the growth of me as a person, a person that will succeed in life. Read MoreMy First Day Of High School716 Words à |à 3 PagesThe day started off pretty good, the birds were chirping, the grass was green, it was a beautiful August morning. I was listening to my happy, epithalamic, and soothing music before I had to leave. It was the first day of school, we had just moved to Parma from Seattle Washington. I never really had trouble with making friends, so I was fervid to meet new people. The city seemed perfect for me. I felt untrammeled and joyous in my new neighborhood. The city gave me a great aesthetic pleasure. I expectedRead MoreMy First Day Of High School1043 Words à |à 5 Pagesinto my window bringing warmth. My eyes adjusted to the new lightning and I opened my eyes from a well-rested sleep. I stared at my ceiling and thought, my first day of high school. Filled with excitement and with butterflies in my stomach, I leaped out of bed and started getting ready for the day. 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It was the first day and everybody was full of both excitement and fear. I looked around, I saw a bunch of crowded newbies all around me, anxiously awaiting the bell, at the start the only person I could recognise was Chiara. Chiara is one of my best friends; we went through primary school together. Gradually more and more people showed up, until I could barely move. A few of themRead MoreMy First Day In High School981 Words à |à 4 Pages I remembereded the first day I started high school, I was so nervous. As a kid, I always remember I would have an anxiety problem for almost every little thing. I wake every morning nauseated even though there was nothing to worry about because I mean after all it was just school. I remember thinking damn, I just got out of middle school here goes another 4 long year of going to school. But what I didnââ¬â¢t know was that those years would go by so fast. After all, like everyone says, a lot happensRead MoreMy First Day Of High School Essay2039 Words à |à 9 PagesAnother memory, my friend called me like the 2nd day of high school, ââ¬Å"April where are you at? Everyone is asking where you at, everyone is calling you and asking for you. You have all my classes. Where you at? It is truly crazy out here. Everyone is smoking in front of th e school, we drinking bottlesâ⬠Why did I want to go to that school because all my friends were there and all that crazy stuff was happening. Honestly I donââ¬â¢t know what the hell my problem was, but I must confess I was super excitedRead MoreMy First Day At Central High School1325 Words à |à 6 PagesReflections on My First Day at Central High School When I woke up this morning, I was extremely nervous. Among my close friends and family, I am known for my uncanny ability to get lost just about everywhere. So you could imagine how terrified I was that I would become extremely lost. My younger brother goes to a private school that is pretty far away from where Central is located. So my parents decided to wake us all up around 5:30 AM and leave the house around 6. They dropped me offRead MoreMy First Day At Olympia High School1125 Words à |à 5 Pages Why. why do I have to do this. However, I have no choice. I rampage through my closet looking for some decent clothes, after all this is my first day at Olympia High School. Great, this is just great. A shirt and jeans will do. Next, I have to look for a headscarf that matches the colors of my outfit. No luck, I only have the colors red, blue,and brown; none of these are going to work, but I have ten minutes to take a shower, get dressed, go outside and wait for the bus. After taking a shower, I
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