月: 2021年3月

Deriving from the word Finance, the definition of the word Financing is therefore the Act of finding solutions to carry out. By extension, the most common solution being money, it represents the Act of Provision of a Capital. Funding is mostly gathered with Investors by a Financial or a Trader in securities on behalf of a company called Issuer because it issues securities, sold to Investors through Brokers and Traders. The Financing Principle The principle of financing is to exchange a capital against information and an expectation of gain more or less certain. Here are the reasons: To invest, the investor needs to know that the opportunity exists. It must … 続きを読む

After describing the Financing principle in a previous article, it is now time to describe the Standard Documentation of a Securities Issuer but I feel obliged to repeat the Disclosure Principle and the Disclosure Document. Disclosure Who wants a Capital must provide to any Prospect without it requiring it. Any material information of such a nature as to enable it to form an exact and complete opinion or to be able to affect its judgment as an Investor. PROVIDING FALSE INFORMATION, OMITTING REAL INFORMATION, FAVORABLE OR NOT delays the process and exposes the infringer to civil liabilities and criminal sanctions. Standard Disclosure Documents Investors expect the following documentation from an … 続きを読む