Questions tagged [finance]
Questions involving fungible assets -- especially securities and loans (mortgages, debts, etc.).
229
questions
-4
votes
2
answers
80
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Business in friends name
Let's say person A transfers all his assets including a large business to person B. Person B then "donates" a large amount of money to person A on a monthly basis for the rest of his life. ...
- 1,068
-3
votes
2
answers
126
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Are investment funds allowed to not invest in companies for ethical reasons?
It is in the news that both Hay and the Edinburgh international book festival have ended its sponsorship with the investment fund Baillie Gifford over their investment in fossil fuels and the Israeli ...
- 7,650
2
votes
1
answer
225
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Is Berliner Sparkasse's request for the list of all members of "Jewish Voice for a Just Peace" lawful?
Novara media published an article titled "Germany Is Seizing Jews’ Money Again
It’s fine, they’re pro-Palestine" by James Jackson
The bank [Berliner Sparkasse] demanded a list of the names ...
- 457
0
votes
1
answer
69
views
Is there some law that requires businesses to erase your financial information after a period of time?
So for context, during the year 2021 I had a gym membership with Vasa fitness. At the end of 2021, I cancelled the membership (properly, there was no charges after this for years). Now a few days ago, ...
- 103
1
vote
1
answer
48
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No valid contact info for 401k sponsor to allow transfer of funds [closed]
I was employed from 2018-2020 by Company A, during which I contributed funds to their 401k plan.
I was laid off from A in 2020. At some point in time after this, Company A was acquired by Company B. I ...
- 13
4
votes
1
answer
850
views
If I'm about to do something that will cause a stock price to move, can I legally profit from it?
For example, suppose that instead of flying planes into the World Trade Center, Osama bin Laden had decided to fly planes into Microsoft Campus. He can therefore predict with high confidence that MSFT ...
- 2,953
1
vote
1
answer
78
views
Seller Financing a Car and repos
Let's say someone wants to sell a car to an individual via seller financing.. The individual puts down 1,000$ and finances the other $3,000.. and agrees on monthly payments of 200$ the seller becomes ...
- 1,068
22
votes
5
answers
8k
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Is Intentional Bankruptcy Illegal?
This is a completely hypothetical scenario and so I'm happy for answers for any jurisdiction, however I'm based in the UK and so some of my terminology may be specific to there.
What is the legality ...
- 323
6
votes
1
answer
487
views
Do FCA rules mean financial firms have to refuse service if their customers are not knowledgeable enough?
I recent weeks I have had emails from multiple cryptocurrency exchanges requiring me to fill in a document online to keep using their services. They describe this as a questionnaire but say "You ...
- 7,650
6
votes
3
answers
2k
views
Are trusts shielded from legal penalties?
Imagine suing a person for copyright infringement, defamation, or whatever. You win your case, and a judge awards you $1 million.
However, the person you sued has a nice job and a beautiful home, but ...
- 433
-3
votes
1
answer
175
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Is it legal in the UK to lie and provide fake documents to get past AML checks? [closed]
Over the last few years, I was a self-employed consultant working as a contractor for a foreign startup that was successful and compensated me generously, including with stock options that I exercised ...
0
votes
1
answer
434
views
Is it legal for an American citizen to obtain BRICS currency and then exchange those bills for U.S. dollars sometime in the future?
I would like to know if it is legal for an American to go to a foreign exchange bank in their area, exchange a certain amount of U.S. dollars to obtain the bills of the foreign currencies of the BRICS ...
- 1,535
1
vote
1
answer
103
views
Are venture capital firms allowed to invest in more than one company in the same category?
If a venture capital firm is currently funding a company in category X, are they allowed to fund another company in the category X who are direct competitors? Would the first company be able to sue ...
6
votes
1
answer
1k
views
Can you initiate a lawsuit against Russia in the United States to recover seized assets?
Ever since the start of the Ukraine conflict in 2022, Russia has halted payments to international creditors and individuals holding assets like stocks.
Is it possible for an average person who happens ...
- 2,060
1
vote
1
answer
107
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Any laws against scalpers that buy all stocks of a product and sell them for outreagous prices?
This might already be known, but there are peoples (some call them scalpers) that buy entire stocks of a specific product (e.g.:a specific graphics card model, etc) and then sell them for outrageous ...
- 113