Comitatus Essays - Maldon, Essex, Local Government In England

Comitatus Essays - Maldon, Essex, Local Government In England Comitatus The concept of comitatus is important for understanding the actions and attitudes of a thane and his relationship to his lord. A band of thanes pledged themselves to a feudal lord who was known for his bravery and generosity. They swore to defend him to their death, and they considered it shameful to leave the battlefield if their chief was slain. According to their loyal code, if their leader was killed, his life must be avenged. He was their lord, and they were his loyal, proud retainers. They were known for their courage, bravery, recklessness, and foremost, for their loyalty. In return the lord provided them with protection and shared his weapons and wealth with them. The Battle of Maldon is a glorification of the ideas of comitatus. This pure heroic poem exemplifies the 'glory' of heroism that is undimmed by the defeat. The real subject of this poem is not the battle but the deeds and deaths of heroes. In many ways, these Anglo Saxon ideas can even be seen in general American society today. Citizens in today's society relate to their leaders in similar ways as thanes related to their lords; this contemporary use of comitatus can be seen in present day sports teams, religious orders, country defenses and fraternities. The American society, however, does not portray the ideas of comitatus when it comes to their political leaders and government. High level of competitiveness in present day sports demands good leadership and comitatus from team members for success. Team leaders are like the lord represented in The Battle of Maldon, because they encourage their teammates to be intent on succeeding in their 'battles' against the opponents. Byrhtnoth, the leader of the English army, encouraged his thanes, urging every young man to be intent on fighting if he wished to win fame at the Dane's expense (112). Comitatus is shown by the teammates who do not give up during the 'battle' and fight until the very end of a match or tournament. The teammates of a team always want to keep their honor and the honor of their captain by fighting hard and never returning home without a valiant effort. Like the thanes in Anglo Saxon literature, the teammates must live with a sense of honor and honor is shown in competitiveness and success. Religious orders in today's society also show sense of comitatus. Like thanes they will fight for their Lord until death and will demand resistance even when all hope of success is gone and retreat would be wiser. In all religions, priests vow to spread the word of their Lord and are ready to loose their lives in doing so. The thanes in The Battle of Maldon also wanted to either lose their lives or avenge their lord (114). Members of a country's defenses have always followed comitatus. As warriors for their country, they are bound by the code of loyalty to their country and are ready to risk their lives in battle. This spirit-code is also seen in The Battle of Maldon, where the brave young men stood brave in battle, eagerly intent on who might be the first in taking the lives of the doomed with their weapons. The slain fell to the earth, but they stood resolute (112). Leaders of present day defenses, however, do not seem to follow the comitatus as in Anglo Saxon literature; they do not fight in a conspicuous place in the front line. Byrhtnoth, lighted down in that place where he most wished to be, where he knew the loyal men of his own household were (109). Fraternities in present day colleges in the US also have a representation of the Anglo Saxon idea of comitatus. Fraternity brothers show a code of loyalty and respect is given to the leaders. They vow to assist each other and encourage each other to success. The thanes also followed this code of loyalty as is shown in The Battle of Maldon: it is needful for us all for each to encourage every other warrior in the fighting (114). The American society does not seem to follow the ideas of comitatus when it comes to their leaders and government. In Anglo Saxon literature, leaders were respected at all times and were

10 Words Derived from Scribe

10 Words Derived from Scribe 10 Words Derived from Scribe 10 Words Derived from Scribe By Mark Nichol Scribe, from the Latin term scribere, meaning â€Å"to write,† referred to a person who performed the responsibilities of an accountant, a secretary, or both but later denoted any writer. (Scrivener is a synonym from medieval Anglo-French.) The term is rarely used outside of historical contexts but occasionally appears as affected slang to refer to a professional author or writer; the same is true of its use as a verb to refer to the action of writing. Scribe is the basis of a select group of other words; here are ten such terms and their meanings, along with examples of their use in a sentence. (Note that each verb listed here can be converted to a noun by changing -scribe to -scription, as in prescribe/prescription.) 1. ascribe: attribute (literally, â€Å"write to†: â€Å"It is largely to this that we must ascribe the national conservatism and contempt for foreigners†) 2. circumscribe: constrict or surround, or define (literally, â€Å"draw around†: â€Å"To circumscribe the influence of the ruling favorites, he next suggested the formation of a cabinet council of six or eight ministers†) 3. conscribe: synonym for circumscribe or variant of conscript 4. describe: represent by drawing something or talking about it, or trace the outline of something (literally, â€Å"draw from†: â€Å"I can’t describe how helpless I felt†) 5. inscribe: write on something (literally, â€Å"write in†: â€Å"They would then inscribe a verse over the door of the house for protection†) 6. prescribe: make a rule, or tell someone to use a remedy or treatment (literally, â€Å"write before†: â€Å"The numerous fasts of the national church prescribe a fish diet†) 7. proscribe: prohibit (literally, â€Å"write for†: â€Å"When a legislature undertakes to proscribe the exercise of a citizen’s constitutional right to free speech, it acts lawlessly†) 8. subscribe: sign or support, or pay regularly for a publication or service (literally, â€Å"write beneath†: â€Å"Long ago, she had learned that many people didn’t subscribe to her morals†) 9. superscribe: write outside or on top of or over (literally, â€Å"write over†: â€Å"Kindly superscribe renewal on the envelope if you are sending it by post†) 10. transcribe: copy something written or write something spoken, or rewrite music for a different instrument or voice or in a different key (literally, â€Å"write across†: â€Å"She will transcribe the speech and send you a copy tomorrow†) Unsubscribe was a rarely used antonym for subscribe until after the advent of email; now, many companies and organizations have an unsubscribe option that enables the receiver to automatically halt the transmission of subsequent messages. The terms superscript and subscript, meanwhile, refer to small numbers, letters, or other characters (such as asterisks) set above or below the baseline of type as indicators of footnotes or in mathematical and scientific usage. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Types of RhymeAwoken or Awakened?10 Varieties of Syntax to Improve Your Writing

The Contemporary Issues in Marketing Essay Example | Topics and Well Written Essays - 4000 words

The Contemporary Issues in Marketing - Essay Example There are thousands of books for marketing in the recent time, but do all of these books say the same thing in a different manner? Or these books are not at all applicable in the real life? Well, this paper reveals the major contemporary issues of these marketing books in a descriptive manner. The great virtue of marketing management is, that it is bound to change and evolve over time, developing newer strategies and theories which may benefit the marketing of products, and ultimately help in improving human lives in the process. Such improvements and evolution of marketing concepts and theories; play a key role in enhancing the quality of our lives by making more and more products and services accessible to us. However, marketing is a huge functional entity which comprise of various branches. The contemporary issues of marketing include the manner in which products and services are marketed, in an ethical manner and the use of technology as a new-age marketing strategy. This paper w ill discuss all the contemporary issues which are important to improve the product. ... This paper will be focusing on all the aspects as well as issues related to contemporary marketing. Furthermore, other critical issues such as the traditional and modern marketing approaches as well as the involvement of the technologies; the ethical aspects of the Marketing are also discussed comprehensively, in this paper. This paper will help the reader to understand the contemporary definition and the approaches of marketing in the modern era. Introduction: There are thousands of books for marketing in the recent time, but do all of these books say the same thing in a different manner? Or these books are not at all applicable in the real life? Well, this paper reveals the major contemporary issues of these marketing books in a descriptive manner. The great virtue of marketing management is, that it is bound to change and evolve over time, developing newer strategies and theories which may benefit the marketing of products, and ultimately help in improving human lives in the proce ss. Such improvements and evolution of marketing concepts and theories; play a key role in enhancing the quality of our lives by making more and more products and services accessible to us. However, marketing is a huge functional entity which comprise of various branches. The contemporary issues of marketing include the manner in which products and services are marketed, in an ethical manner and the use of technology as a new-age marketing strategy. This paper will discuss all the contemporary issues which are important to improve the product. The concept of marketing and its components: Definition: Marketing is an age-old phenomenon and it comprises of various critical

Halophytes and Glycophytes - A Review Research Paper

Halophytes and Glycophytes - A Review - Research Paper Example The proteome profile of germinating seeds reveals that salinity probably inhibited the degradation of seed storage proteins leading to the slower germination rate. Maximum delay in the germination process was observed during 0-72 hours as illustrated in Fig 02. However, at the vegetative stage, C. maritime plants exposed to moderate salinity (0-100 mM NaCl) have depicted enhanced growth with expansion in leaves and elevated photosynthetic activity in saline conditions showing a typical halophytic trait (Debez et al., 2012) as illustrated in Fig. 03. Aquaculture provides with a significant proportion of seafood for human consumption and is regarded as one of the key sustainable means to meet the rising food demand. However, the highly saline wastewater discharged from marine and coastal farms has adverse implications for environmental sustainability. The halophyte plant species have tremendous potential to treat the discharged wastewater in constructed wetlands on one hand and produce valuable crops on the other. The cultivation of saltmarsh plant, Salicornia europaea, on submerged-subsurface constructed wetland filter beds yielded significant reduction of phosphorus and nitrogen nutrients from a farm wastewater when evaluated over a period of 88 days.  A schematic diagram of nutrient removal is illustrated in Fig 04. The total dissolved inorganic nitrogen (TDIN) was removed up to 98.2  Ã‚ ±Ã‚  2.2%. The removal of dissolved organic nitrogen (DON) was comparatively less and amounted to 23-69%. The total dissolved inorganic p hosphorus (TDIP) was reduced by 36–89%. The correlation between TDIN daily load and TDIN removal from S. Europaea is illustrated in Fig. 05. The S. Europea halophyte can thus be used as an efficient and cost-effective way to treat saline wastewater for nitrogen and phosphorus contents in marine aquaculture (Webb  et al., 2012).

Endogenous And Exogenous Antioxidants Benefits

Endogenous And Exogenous Antioxidants Benefits Despite the usefulness of oxidation reactions to life, it could also cause a great harm to humankind. Human beings have body that generates free radicals very continuously and these are always produced from the oxidation reaction that constantly takes place in living cells. Apart from the radicals that results from oxidation, some other ones are generated from immune cells to combat bacteria and viruses and also from ingestion, inhalation, and or absorption from our immediate environment during burning by sun or ultraviolet rays. Damage caused by free radicals includes aging, destruction of DNA and clogging of arteries. It is also believed that free radicals may play a role in cancer, strokes, and heart disease. Oxidative stress may also damage or kill cells. Free radicals cause damage to skins structural support and decrease its elasticity, resilience, and suppleness. Antioxidants stop the chain reactions of free radical, and inhibit other oxidation reactions. An antioxidant is a molecule capable of inhibiting the oxidation of other molecules. There are two types of antioxidants: exogenous and endogenous. Exogenous antioxidants are antioxidants we get from our diet and endogenous antioxidants are made by our bodies. Endogenous antioxidants repair free radical damage on the inside by initiating cell regeneration; exogenous antioxidants repair some free radical damage from the outside on in by stimulating cell regeneration. The role of endogenous and exogenous antioxidants Exogenous antioxidants are antioxidants we get from our diet by eating antioxidant-rich foods and by taking supplements. Some well known examples of exogenous antioxidants are vitamins A, C and E. Even though exogenous antioxidants can be obtained from food sources, in our modern day world it is nearly impossible to get enough exogenous antioxidants from our diet to neutralize all of the free radicals generated. This is why antioxidant supplementation is so vital. Endogenous antioxidants are made by our bodies. Because they are produced by our own bodies and not obtained from food sources, endogenous antioxidants are far more potent than exogenous antioxidants. Endogenous antioxidants repair all of the free radical damage by initiating cell regeneration from the inside on out, whereas, exogenous antioxidants only repair some of the free radical damage from the outside on in by stimulating (not initiating) cell regeneration. There are five extremely powerful endogenous antioxidants. They are: Glutathione (GSH), Alpha Lipoic Acid (ALA), Superoxide Dismutase (SOD), Catalase and Coenzyme Q10 (CoQ10). Unfortunately, the bodys production of endogenous antioxidants declines as we age. For example, our glutathione levels decline about 10-15% per decade as we grow older. This decrease in endogenous antioxidants is found to be a strong factor in contributing to premature aging and degenerative diseases. There is more than enough studies to verify that by increasing our endogenous antioxidant cellular levels, such as our glutathione levels, we can greatly help prevent many age-related health issues and degenerative diseases like Diabetes, Alzheimers, Cancer, Heart Disease, and many other health concerns. (Curr Cardiol Rev.2008 Nov; 4(4):259-68.) (Kaneto et al, 1999) Sources of Antioxidants All plants produce antioxidants. Even meat, dairy products, and eggs contain some antioxidants, which mainly come from the nutrient-rich plants the animals fed on. Plants and animals maintain complex systems of multiple types of antioxidants, such as glutathione, vitamin C, and vitamin E as well as enzymes such as catalase, superoxide dismutase and various peroxides. Antioxidants protection against diabetes Diabetics have high levels of oxidative stress, which basically means too many free radicals and not enough antioxidants to neutralize them. It would be beneficial for anyone suffering from Diabetes to increase their antioxidant supplementation. Glutathione, being the master antioxidant, would naturally be the best choice. Furthermore, inflammation leads to and contributes to insulin resistance. Glutathione, on top of being the most potent antioxidant, is also a powerful ant-inflammatory. Increasing evidence in both experimental and clinical studies suggests that oxidative stress plays a major role in the pathogenesis of both types of diabetes mellitus. Free radicals are formed disproportionately in diabetes à ¢Ã¢â€š ¬Ã‚ ¦.Abnormally high levels of free radicals and the simultaneous decline of antioxidant defense mechanisms can lead to à ¢Ã¢â€š ¬Ã‚ ¦.development of insulin resistance. These consequences of oxidative stress can promote the development of complications of diabetes mellitus. (Wiley 2003) à ¢Ã¢â€š ¬Ã‚ ¦there is evidence for increased oxidative stress in diabetesà ¢Ã¢â€š ¬Ã‚ ¦.With regard to diabetes, antioxidantsà ¢Ã¢â€š ¬Ã‚ ¦supplementation have been shown to be beneficial. Thus, it appears that, in diabetes, antioxidant therapy could alleviate the increased attendant oxidative stress and emerge as an additional therapeutic modality. (Vega-Lopez et al, 2004) Researchers at the University of California, San Diego (UCSD) School of Medicine have discov ered that inflammationà ¢Ã¢â€š ¬Ã‚ ¦leads to insulin resistance and Type 2 diabetes. Science Daily (Nov. 7, 2007) Antioxidants protection against cancer, coronary heart disease and stroke Apples, and especially apple peels, have been found to have a potent antioxidant activity and can greatly inhibit the growth of liver cancer and colon cancer cells (Wolfe et al. 2003) (Eberhardt et al. 2000). The total antioxidant activity of apples with the peel was approximately 83 ÃŽÂ ¼mol vitamin C equivalents, which means that the antioxidant activity of 100 g apples (about one serving of apple) is equivalent to about 1500 mg of vitamin C. However, the amount of vitamin C in 100 g of apples is only about 5.7 mg (Eberhardt et al.2000). Vitamin C is a powerful antioxidant, but research shows that nearly all of the antioxidant activity from apples comes from a variety of other compounds. Vitamin C in apples contributed less than 0.4% of total antioxidant activity. (Liu et al. 2001) Prospective studies suggest that people with high intakes of fruit and vegetables or blood antioxidant concentrations (Pandey et al. 1995) (Enstrom et al. 1992) in the highest quintile of the distribution have low risks of epithelial cancers,( Steinmetz and Potter 1991) coronary heart disease,(Gaziano et al.1995) and stroke. At least 10 prospective studies have shown that high intakes of fruit and vegetables confer protection against cancer, cardiovascular disease, and stroke (Steinmetz and Potter 1991) (Gillman et al.1995) Abundant evidence proves the role of virgin olive oil in protecting against cardiovascular disease. While it has long been known that olive oil helps decrease total cholesterol and low-density lipoprotein (LDL) levels (Covas et al.2006) new research is shedding light on its additional cardiovascular benefits. According to the Food and Drug Administration, Eating about 2 tablespoons of olive oil daily may reduce the risk of coronary heart disease. To achieve this possible benefit, olive oil is to replace a similar amount of saturated fat and not increase the total number of calories you eat in a day.(Fito et al. 2005). Scientists have proposed that several constituents of olive oil may be responsible for its anti-cancer effects. These include its anti-oxidant polyphenols as well as the lipid oleic acid, which is highly resistant to peroxidation. (Owen et al. 2004) However, there are a number of dietary antioxidants that have been identified that would help us to understand how the antioxidants function, and some are still in the process of development and testing. (Uddin and Ahmad 1995) A group of chemists at University of Scranton in Pennsylvania says that adding a mixture of antioxidants to sunscreen may help enhance protection of cancer. In animal studies, they found that a mixture of various topical antioxidants was more effective than single antioxidants in preventing the formation of skin tumors induced by ultraviolet light. In another study, the same research team found that black tea, green tea, grape seed and cranberry extracts were all promising antioxidants for fighting skin cancer when applied topically. Both studies were presented at the 229th national meeting of the American Chemical Society, the worlds largest scientific society, in San Diego on March 14, 2005. Conclusion We need to eat a healthy diet with a variety of fruits and vegetables. We cannot depend on any single super antioxidants, a variety of antioxidants are needed. Currently only antioxidants from food compounds with vitamins (vitamins A, C and E) have been proven with antioxidant efficacy. Environmental factors that produce free radicals could be avoided. In numerous epidemiological studies, apples have been associated with a decreased risk of chronic diseases such as cardiovascular disease, cancer, and asthma. In vitro and animal studies have demonstrated that apples have high antioxidant activity, can inhibit cancer cell proliferation, decrease lipid oxidation, and lower cholesterol, potentially explaining their role in reducing risk of chronic disease. The potential health benefits of apples are numerous. Regular consumption of fruits and vegetables, including apples, as part of a healthy diet may aid in the prevention of chronic disease and maintenance of good health.

Series 7 Study Guide

Chapter 13 Investment Company ( ) Investment Companies A corporation or trust in which investors pool their funds and are usually organized as corporations in the same manner as any other business corporation. However, some have been established as trusts and as such are supervised by trustees rather than dir ? Diversification Advantages of Investment ? Professional Management Company ? Liquidity The basic legistration governing investment company and difines and classifies investment companies into 3 basic types. ? Face Amount Certificate Company The Investment Company Act of ?Unit Investment Trust(UIT) 1940 ? Management Company The Act requires all investment companies with 100 shareholders or more to register with the SEC. A public offering may not be made by a mutual fund until it has a minimum net worth of $100,000. New shares are registered by the fund periodically, usually Type of Investment Companies Face Amount Certificate Issues debt certificates offering a predetermined ra te of interest. Holders are entitled to redeem Company their certificates for a fixed amount on a specified date.Investment companies with no management fee and low sales charges that invest in a fixed Unit Investment portfolio of municipal or corporate bonds are categorized as UIT. The funds are issued in book (UIT / ) entry form and registered form. Established under an indenture or simil Manage a portfolio of securities in accordance with specified investment objectives. Each day, usually at the end of trading on the NYSE, a management company will determine the value of its Management Company portfolio or the net asset value(NAV) per share. ? Closed-end ? Does not issue redeemable shares ? Open-end ?Issues redeemable shares Usually capitalizes through a 1-time public offering of shares and may issue commom stock, Closed-end Investment preferred stock, or bonds. The company does not continuously issue shares nor will it redeem its Company shares. The market price of closed-end funds will be based on the f Also called mutual fund. They are continuously issuing new shares which they stand ready to Open-end Investment Company redeem. All shares issued are common shares ONLY. Instead of 5% policy, sales charge will be applied. Management(investment advisory) fees are normally the largest Chapter 13Types of Mutual Funds Diversified Common Stock Funds Income Funds Balanced Funds Bond Funds Money Market Funds Bonds and Preferred Stock Funds Specialized Funds Operation of a Mutual Fund Board of Directors Investment Companies Consists mostly of common stocks. The funds can have a variety of investment objectives. One might be conservative and invest primarily in blue-chip stocks. Another might be more aggressive and invest primarily in growth stocks. Have as their investment objective high current income. Maintain some proportion of their assets in bonds and preferred stock as well as in common stock.Invest their assets solely in bonds and have as their objective stability of income. Invest in short-term debt(money market) instruments. A typical money market fund invests in CP and CDs. They generally pays the interest to the investors monthly. Invest in senior securities, both bonds and preferred stock. Their objective is current income with safety of principal. Invest a large proportion of their assets in a particular industry such as the chemical industry. Elected by the mutual fund shareholders and are responsible for developing and implementing investment policies.According to the Investment Company Act of 1940, at least 40% of the board of directors must be unaffiliated with the mutual fund. Unless authorized by majority vote of its shares, an investment company may not; ? Go from diversified to non-diversified ? Change its investment objectives and concentration of investments ? Borrow money, underwrite securities issued by others, make loans, buy or sell real estate ? Change the nature of business so as to cease acting Must be sent to stockholders semiannually. Mutual funds sell ex-dividend whenever the fund or its principal underwriter(sponsor) determines.The ex-dividend date for a mutual fund is usually the same day as the record date. Contracted by the fund to issue new shares and cancel redeemed shares for the fund. Normally also in charge of the disbursement of dividend and capital gain distributions and performing other bookkeeping. Responsible for the safekeeping of the securities owned by a mutual fund. Mutual funds must have a national bank, trust company or other qualified institution act as its custodian. He holds the cash and securities of the fund but does NOT perform any mana The principal underwriter of the fund.He has an exclusive agreement with the fund which allows him to purchase fund shares at the current NAV. The shares may then be resold to the public, through outside dealers or the sponsor's sales force, at the full Shareholder Rights Financial Report Dividend of Mutual Fund Transfer Agent Custodian Sponsor(Distributor) Chapter 13 Section 12b-1(The Investment Company Act of 1940) Investment Companies Though a sponsor is used and bears the cost of sales of literature and other promotional items, under certain situation, selling expenses may be borne by the fund. Chapter 13 Dealers Investment CompaniesMust have a signed selling agreement with the sponsor. They are fobidden to purchase mutual fund shares for inventory. But they can do so only to fill customer orders or for their own investment. If a dealer who has purchased shares for investment decides Manages the fund's portfolio. Re. management of a mutual fund, securities on margin, participate in a joint account, or sell short securities may not be permitted in general. Investment advisory contracts must be approved by a majority of the fund's share Total Expense / Average Net Assets NAV + Sales Charge = NAV / (100% – Sales Charge Percentage) = $10. 0 / (100% – 7%) = $10. 75 Total Net Asset / Number o f Shares Outstanding Orders to buy and sell the fund are based on the next price to be computed. Sales Charge / Public Offering Price = $1. 57 / $19. 60 = 8% Based on public offering price. According to the NASD's Conduct Rules, the maximum allowable percentage is 8. 5%. In the sale, there is no sales charge though is redemption fee(i. e. 1%). To charge the maximum 8. 5% sales charge, the mutual fund must offer i To be sold to the public at the NAV, without any sales charge added. No-load fund may charge a liquidation fee when an investor sells the fund.Dollar levels at which the sales charge is reduced. Amount Deposited Sales Charge Percentage Less than $10,000 8. 5% $10,000 – $25,000 7. 5% $25,000 – $50,000 6. 0% Enables an investor to qualify for the discount made available by breakpoints without initially depositing the entire amount required. LOIs are NOT binding on the investor and only available to single purchaser. The letter states the investor's intention T hose people who are eligible for sales breakpoints and LOI, which includes a joint account only between husband and wife.Partnership, investment clubs and joint accounts are NOT eligible for reduced sales charges or LOI. Investment Advisor Expense Ratio Buying Mutual Fund Shares Public Offering Price(Asked Price) Net Asset Value(NAV / per share) Buy and Sell the Fund Sales Charge Percentage No-load(N. L. ) Funds Breakpoints Letter of Intent(LOI) Single Purchaser Chapter 13 Voluntary Plans Dollar Cost Averaging (Constant Dollar Plan) Dollar Averaging Redeeming Mutual Fund Shares Redemption Investment Companies Require an initial minimum investment.The investor will indicate an intention to invest a minimum amount at fixed intervals, such as montly or quarterly. Fixed dollar amount is invested periodically. Fixed share amount is invested periodically. Redemption fee is calculated based on NAV. Mutual funds are required under the Investment Company Act of 1940 to pay the proceeds of re demption within 7 calendar days. The SEC can order or allow, upon the request of a fund, that redemption be suspended fo ? Fixed-dollar Types of Withdrawal Plans ? Fixed-percentage ? Fixed-share Taxation of Mutual Fund Distributions Earnings for Investment ?Investment income(dividends & interest on the securities) Companies ? Capital gain Investors will receive a Form 1099 to report distributions for income tax purpose. They may elect to Form 1099 take distributions from mutual funds in the form of reinvested shares rather than in the form of cash. Investment Income Dividends & interest on the securities. Taxable to the investors as ordinary income. When an asset is sold for more than its cost, the result is a capital gain. ? Long-term gains ? Result from the sale of assets held for more than 1 year / taxed as capital gain Capital Gain ? Short-term gains ?Result from the sale of assets held for 1 year or less / taxed as ordinary income Capital gains are taxed at the individual's tax rate, up to a maximum of 20%. Holders of one fund in the group may have an exchange or conversion privilege allowing them to Exchange Privilege convert to another fund of the same manager at the NAV. Investment companies can avoid paying taxes on income since they are eligible for special tax Taxation of Investment treatment under Subchapter M of the Internal Revenue Code. This special tax treatment is called Companies the â€Å"conduit† or â€Å"pipeline† treatment.Avoid triple taxation which would occur if the mutual fund paid taxes. The companies held in the fund's portfolio pay corporate income taxes and the investor pays taxes on dividends received from the fund. Therefore, taxes payable on dividends and interes Conduit / Pipeline Chapter 13 Conduit / Pipeline Investment Companies Corporatoi n in Portfolio Mutual Fund Dividen Investors Regulated Investment Companies The investment companies that meet certain requirements under Subchapter M are considered to be re gulated investment companies. Chapter 13 Reporting Requirements 300% Asset CoverageInvestment Companies Annual report must be sent to the SEC and semiannual reports must be sent to the shareholders. Investment Company Rules and Regulations Management companies(open-end & closed-end) are subject to 300% asset coverage to control their leverage, therey reducing risk. NASD Rules on Investment Companies Selling Fund Shares NASD members may not purchase fund shares at a discount from an underwriter unless the underwriter is also an NASD member. This effectively restricts non-member underwriters from distributing their shares through NASD firms. NASD members must transmit payApplied to the practice of inducing an investor to purchase a mutual fund on the basis of an impending dividend. The investor was induced to buy the stock based on the impending dividend. However, had the investor waited until ex-dividend date, the price Occurs when a registered representative does not inform a custom er about the availability of a Breakpoint Sale sales breakpoint or a LOI. The Anti-Reciprocal Rule of the Prohibits member firms from selling open-end investment company(mutual fund) shares because NASD of commissions received or to be received from the investment company.An underwriter of investment company shares is prohibited from giving a member firm any Special Deals discount above the one specified in the selling agreement for the sale of the shares. If a RR retires, he or she may continue to receive commissions for sales of investment company Continuing Commissions periodic payment plans initiated prior to the retirement if there was a bona fide contract with the person's firm to receive such commissions. Selling Dividends Chapter 13 Investment CompaniesInvestment Company Advertising and Sales Literature SEC Rule 134 Permits the publication of a simple ad describing the basic features of a new issue. Permits the use of ad that describes, in general terms, how investment compa nies work. The SEC Rule 135A communication must be limited to information re. investment companies in general, or to the nature of investment companies. Permits the publication of an investment company ad that satisfies the definition of a prospectus SEC Rule 482 under certain conditions. This ad may NOT contain an application ot invest in the investment company.SEC Rule 156 Sales Literature Real Estate Investment Trust(REIT) Tax Treatment Difference between Appreciation & Capital Gain Warns that sales literature would be considered misleading if it 1)contained an untrue statement of material fact, 2)omitted a material fact that was necessary to make a statement not misleading. Any sales literature re. redeemable investment company securities must be filed with the SEC within 10 days of use. Similar to an investment company but is not considered to be a type of investment company.He manages a portfolio of real estate oriented investments to earn profits for investors. To qualify as a REIT, a company must be set up as a domestic corporation m REITs are the favorable tax treatment given under the REIT Act Amendment to the Internal Revenue Code of 1954. If 95% of the ordinary income generated from the portfolio is distributed to investors, REIT is taxed only once. Appreciation : An increase in the market price of a security from the purchase price. Capital Gain : Recognized when the security is sold and the appreciation is realized.

Research Paper On Anna Frank

Research Paper On Anna Frank Anna Frank was, seemingly, just an ordinary Jewish girl, who attained worldwide fame for writing a personal diary. What made her story so special? Part of its significance comes from the extraordinary circumstances her family had to live in. Anna was born in Germany, but moved to Netherlands and was trapped there when the country was occupied by the Nazis. Because of the anti-semitic laws Anna lost her official nationality that used to be German. To avoid persecution Franks had to move to the hidden rooms in Otto Frank’s (Anna’s father) office building and stay there for two years without leaving their shelter. A few of the employees of the company that was in the building were informed about the fugitives and helped them. This period of time is portrayed in the girl’s diary, which was later preserved by the â€Å"helpers†. After that, however, the German Security Police was tipped off about their concealment and the members of the family were transported to concentration camps. Both Anna and her elder sister died from typhus, following their mother’s death, and only their father survived and later proceeded to publish Anna’s diary. Anna Frank left behind an invaluable commentary on war and its influence upon human lives. The fact that the author of this work is an ordinary young girl, who described things that she experienced and her own impressions, combining both regular events and those related to war, makes it more momentous. A truthful insider made it possible for many others to take a look at what it was like to be a victim of the Holocaust. Anna’s story is not just sad, it is also uplifting, despite the unhappy ending. Anna’s courage, wisdom and ability to maintain dignity makes it a source of inspiration for anyone undergoing hardships.