Appraiser Newsroom

MARCH 20, 2024

Josh Putnam | Ernst & Young LLP Business valuation professional with extensive experience in the valuation of the business enterprise, equity and intangible assets. Industry sectors include Media & Entertainment, Retail and Consumer Products and Private Equity.

Intangible Assets 52

Intangible Assets Compliance Equity Finance 52

Global Finance

JULY 29, 2024

They oversee the entire financial operations of a company: from strategic financial planning and risk management to advising on investment decisions and ensuring regulatory compliance. Bokhari’s observations, they agreed, highlight a serious issue in the corporate finance world: making numbers cool again.

Start-ups 105

Start-ups Finance Corporate Finance Compliance 105

Brian DeChesare

JUNE 15, 2022

First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.). Example Jobs at a Bank: Investment banking , sales & trading , equity research , internal private equity , private banking , and private wealth management.

Banking 98

Banking Treasury Start-ups Finance 98

Reynolds Holding

AUGUST 2, 2022

Among those who study corporate financial distress and reorganization, the notion that senior lenders are in control is deeply ingrained. Celebrated papers in the law and corporate finance literatures attribute lender influence during periods of distress to blue-sky contracting practices. [1] 917 (2003); Douglas G. 751 (2002).

Corporate Finance 64

Corporate Finance Equity Finance Enterprise Value 64

Reynolds Holding

NOVEMBER 30, 2023

On November 21, 2023, the staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued eight new Compliance & Disclosure Interpretations (C&DIs), and revised two previously issued C&DIs, relating to the final pay-versus-performance (PVP) disclosure rules adopted last year.

Compliance 40

Compliance Total Shareholder Return Dividends Market Capitalization 40

Reynolds Holding

OCTOBER 1, 2023

On September 27, 2023, the staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance issued 10 new Compliance & Disclosure Interpretations (C&DIs) relating to the pay-versus-performance (PVP) disclosure rules adopted last year. September 27, 2023] Question 128D.14 Answer: Yes.

Compliance 40

Compliance Equity Marketability Corporate Finance 40

Global Finance

JUNE 6, 2024

Innovation: AI-Based Fund Monitoring Company: Eurasian Bank In Kazakhstan, would-be homeowners often engage in shared-equity construction, a process in which future owners buy shares in a house under construction. Launched in March 2024, the chatbot is dynamic, meaning it improves the more it is used.

Banking 109

Banking Treasury Technology Compliance 109

Appraiser Newsroom

MAY 1, 2024

By Judd Schneider, CFA and Michael Rigby, CFA In the complex world of multinational corporations, the preparation of legal entity valuations is a critical aspect of strategic decision-making and compliance. Looking for a deeper dive into this specialty?

Intangible Assets 52

Intangible Assets Fair Market Value Compliance Private Equity Firm 52

Reynolds Holding

APRIL 7, 2022

s taxonomy of asset, cash, and equity tunneling, I demonstrate how different provisions may affect tunneling (even if the debtor is not in financial distress). Why, for example, where shareholder protections are weak, do companies raise funds through the equity markets and public investors subscribe to those shares?

Banking 64

Banking Finance Equity Compliance 64

ThomsonReuters

AUGUST 2, 2021

If the SPAC requires additional funds to complete the merger, it may issue debt or additional shares, such as a private investment in public equity (PIPE). . This provides a great incentive for the sponsors to find a target company, especially since they usually get an equity stake of approximately 20 percent in the target. .

Corporate Finance 52

Corporate Finance Equity Finance Compliance 52

Reynolds Holding

AUGUST 15, 2023

We also provide a simple theoretical analysis of corporate borrowers’ decisions on ESG integration under different competition structures in the financial market. Our model has several components reflecting key features of greenwashing in corporate finance. Review of Finance , 26(6): 1585–1633. Management Science.

Marketability 76

Marketability Finance Corporate Finance Equity 76

Reynolds Holding

SEPTEMBER 24, 2024

The Internal Revenue Service (IRS) routinely monitors public companies to assess compliance with tax laws. In a new paper, we aim to fill IRS monitoring of specific companies and those companies’ proclivity to commit non-financial corporate misconduct. compliance costs). Measuring firm exposure to government agencies.

Compliance 45

Compliance Corporate Finance Equity Finance 45

Brian DeChesare

MARCH 8, 2023

For example, you could start trading a slightly more accessible product (equities, options, etc.) I noted the following points: A few people (~5-10%) had a political, legal, or compliance background , probably for the same reason that people use experience at central banks or in economics/strategy roles to get into global macro.

Finance 119

Finance Start-ups Banking Alpha 119

Reynolds Holding

SEPTEMBER 24, 2024

15] Corporation Finance The Division of Corporation Finance seeks to ensure that investors have access to the information they need to make informed investment and voting decisions when a company offers its securities to the public, and on an ongoing basis as companies continue to provide information to the marketplace.

Treasury 45

Treasury Compliance Marketability Start-ups 45

Reynolds Holding

MAY 11, 2023

For our analysis, we draw on an earlier post , in which we argued that the actions of the Swiss authorities made sense from a corporate finance, legal, and financial stability perspective. Eidenmüller and Paz Valbuena also argue that AT1 CoCos should be of the “conversion to equity” (CE) and not of “principal write-down” (PWD) type.

Banking 45

Banking Equity Book Value Treasury 45

Appraiser Newsroom

MAY 14, 2024

Ivy has been involved in the valuations of a variety of debt and fixed income securities, real estate, derivative instruments, intangible assets, and equity interests across a variety of industries and global locations. Active in national and regional ESOP organizations, Pete is a frequent speaker on issues related to ESOPs.

Intangible Assets 52

Intangible Assets Appraisal Banking Equity 52

Reynolds Holding

SEPTEMBER 26, 2022

Supporting Diversity, Equity, and Inclusion in the Workforce. Regarding digital assets, the SEC notes in the Plan that the rapid growth in digital assets represents an evolutionary risk to the securities markets, and that the SEC must continue to enhance its expertise to “product markets beyond equities” — digital assets included.

Technology 45

Technology Marketability Equity Compliance 45

Reynolds Holding

MAY 18, 2022

In the interest of time, I will focus the bulk of this testimony on our six Divisions: The Divisions of Enforcement and Examinations, our cops on the beat and eyes and ears on the ground; The programmatic Divisions of Corporation Finance, Trading and Markets, and Investment Management; and. Corporation Finance.

Marketability 59

Marketability Corporate Finance Technology Finance 59

Reynolds Holding

MARCH 5, 2023

The staff of the Securities and Exchange Commission’s (SEC’s) Division of Corporate Finance recently issued guidance to address open questions related to the final pay-versus-performance (PVP) disclosure rules adopted in 2022. Prior-year equity awards granted to a first-time NEO must be included in CAP adjustments.

Equity 45

Equity Dividends Total Shareholder Return Corporate Finance 45

Reynolds Holding

JUNE 7, 2023

The activities in these markets affect the underlying referenced assets—particularly in the credit and equity markets. Today, we are adopting a rule to prohibit the personnel of security-based swap dealers from unduly influencing their chief compliance officers. Today, the security-based swaps markets are approximately $8.5

Marketability 40

Marketability Corporate Finance Compliance Finance 40

Reynolds Holding

APRIL 5, 2023

During that same period, average daily trading in the equity markets more than doubled from more than 30 million transactions to more than 77 million. Without examination of compliance with and enforcement of our rules and laws, we can’t instill the trust necessary for our markets to thrive.

Marketability 45

Marketability Technology Data Analysis Corporate Finance 45

Reynolds Holding

JULY 23, 2023

Equity shareholders, buy-side and sell-side analysts, debtholders, and other capital market participants view the calls as informative beyond the contemporaneous earnings announcements. Division of Corporation Finance filing review process. Yet, little is known about how useful call information is to regulators.

Compliance 40

Compliance Corporate Finance Marketability Finance 40

Brian DeChesare

JANUARY 22, 2025

We sometimes get questions about why we dont offer an equity research course. People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. IB is all about deals , while ER is all about coverage.

Equity 64

Equity Banking Start-ups Finance 64

Reynolds Holding

OCTOBER 8, 2024

Steel for $35 per share (equity value of $7.8 The SEC’s complaint alleged that the associated filings and press release were fraudulent as the group’s intent was to drive up the stock price of the three companies so they could sell their equity positions at the artificially inflated prices. Cliffs”) announced its offer to acquire U.S.

Equity 45

Equity Finance Corporate Finance Compliance 45

Appraiser Newsroom

JUNE 4, 2024

Gianfala is a Vice President of the Valuation Advisory group with over 15 years of experience in accounting, corporate finance, and business valuations. Anthony Pumphrey | ASA, CFA | Managing Director | Valuation Research Corporation (VRC) Anthony Pumphrey, CFA, ASA is a Managing Director of Valuation Research Corporation.

Business Valuation 59

Business Valuation Intangible Assets Appraisal Finance 59

Reynolds Holding

SEPTEMBER 9, 2022

Tailored disclosures exist elsewhere — for example, asset-backed securities disclosure [12] differs from that for equities. I look forward to working with crypto projects and intermediaries looking to come into compliance with the laws. The investing public benefits when intermediaries are registered and overseen. 3] Reves v.

Marketability 49

Marketability Compliance Start-ups Banking 49

Brian DeChesare

JUNE 19, 2024

I noticed the other day that we had articles about how to start a private equity firm and how to start a hedge fund but nothing on venture capital. After paying for rent, accounting, legal, IT, compliance, etc., Assuming you charge a 2% management fee, that is $1 million in annual fees to cover overhead, salaries, and other expenses….

Start-ups 105

Start-ups Private Equity Firm Finance Equity 105

Appraiser Newsroom

FEBRUARY 16, 2022

He has over 21 years of experience in corporate finance, specializing in business and securities valuations, real options and derivative valuations, and risk management. Bob Bartell, CFA , is president of corporate finance for Kroll. Harris Antoniades, Ph.D., a registered SEC broker-dealer and FINRA/SIPC member.

Intangible Assets 52

Intangible Assets Business Valuation Appraisal Corporate Finance 52

Reynolds Holding

FEBRUARY 1, 2023

Director Levenson was the consummate public servant who left an enduring mark on the Division of Corporation Finance, and the Commission more generally. I’m happy to say that his legacy of combating corporate corruption and promoting integrity in our markets lives on today. Levenson Keynote Address. Governance (Sept.

Marketability 58

Marketability Corporate Finance Compliance Equity 58

Reynolds Holding

MAY 25, 2022

The SEC’s Division of Corporate Finance first issued Guidance Topic No. The SEC then advised companies to carefully review their sanctions compliance function, given the extensive sanctions imposed on Russian entities and individuals. For example, Alexandria Real Estate Equities Inc. The Pandemic Guidance.

Compliance 53

Compliance Start-ups Marketability Corporate Finance 53

Reynolds Holding

AUGUST 24, 2022

Notably, Ocegueda is the first time a court has granted a motion to dismiss claims alleging deficiencies in a company’s compliance with policies relating to diversity, equity, and inclusion. On September 30, 2021, in In Re: 3M Co. 20-cv-2488, 2021 WL 4482987 (D. ENDNOTES. [1] 4, 2021), [link]. [2]

Banking 49

Banking Compliance Marketability Corporate Finance 49

Appraiser Newsroom

JULY 5, 2022

He has approximately 21 years of experience as a professional in the finance industry and has performed valuation and damages analyses for commercial litigation, estate and gift taxation, employee stock ownership plan compliance, and purchase price allocation. Mr. Thompson first joined ASA in 2009 and is active in the profession.

Business Valuation 40

Business Valuation Intangible Assets Appraisal Finance 40

Reynolds Holding

MARCH 29, 2022

trillion – must come from venture capital, private equity, corporate, and other investors in early-stage companies. [10] Also, smaller reporting companies (which most startups are likely to be) will have a delayed compliance date. Some have not yet been born. 21, 2022), [link]. [23]

Banking 45

Banking Technology Venture Capital Fund Compliance 45

Reynolds Holding

NOVEMBER 21, 2024

Companies should regularly review their use of non-GAAP measures for compliance with Regulation G, Item 10(e) of Regulation S-K, and related guidance issued by the staff of the SEC’s Division of Corporation Finance. Consistent with prior years, the SEC has remained focused on non-GAAP measures. of Form 8-K.

Compliance 45

Compliance Corporate Finance Finance Technology 45

Reynolds Holding

MARCH 25, 2025

17] See [link] (showing the United States has among the lowest equity risk premiums in the world); Luzi Hail and Christian Leuz, International Differences in the Cost of Equity Capital: Do Legal Institutions and Securities Regulation Matter?, Division of Corporation Finance, No Action Letter: Latham and Watkins (Mar.

Corporate Finance 45

Corporate Finance Finance Banking Marketability 45

Reynolds Holding

FEBRUARY 13, 2024

10] Paul Kiernan, Private Equity, Hedge Funds Brace for Coming SEC Overhaul, Wall St. Securities and Exchange Commission and acting director of its Division of Corporation Finance. SEC, Brief of Amicus Curiae the Chamber of Commerce (Nov. 2, 2023). [11] 11] E.g., [link] (Rule 25.1

Treasury 45

Treasury Corporate Finance Marketability Compliance 45

Reynolds Holding

JULY 1, 2024

One suspects that Trump today will be even less of a fan of indictments for failure to keep better records or ensure law compliance). This post will answer that we need to integrate what we know about corporate governance with the design of the DPA in order to encourage greater law compliance and less risk-taking.

Equity 45

Equity Compliance Banking Corporate Finance 45