Deficiency Letter.

A deficiency letter is a formal document issued by the Securities and Exchange Commission (SEC) to a public company that has filed an incomplete or inaccurate report. The letter outlines the specific deficiencies in the report and provides the company with a deadline for correcting them. If the company does not correct the deficiencies within … Read more

What is a trade-in?

The concept of swap is very ambiguous, since it generally means one thing, but when another word is applied together it means something else. The swap, itself, is a contract signed by both parties in which the property right of one thing is exchanged for the property right of another thing. The peculiar characteristic is … Read more