The tag has no wiki summary.

learn more… | top users | synonyms

3
votes
1answer
181 views

Does the current Dodd Frank Act ban speculation in OTC swaps?

Does the current version of Dodd Frank ban speculative positions in non-exchange cleared (OTC) swaps? It does not refer to any specific type of swap. But my current understanding of the bill is that ...
3
votes
3answers
123 views

Should the price of fuel in Australia at this point be so high?

Checking the government websites (Australia) regarding the fuel prices and what influences them: International benchmark prices Taxes Other costs and margins Additionally there is this strange ...
11
votes
3answers
862 views

Why can't I short a stock that sells for less than $5? Is there another way to “go short” on them?

I don't like satellite radio as a business and I want to short Sirius (SIRI). The stock sells for less than $5, so my broker won't let me short it. Is this a limitation of my broker? Or some SEC ...
5
votes
1answer
175 views

When entering a Futures contract, must the margin deposit be idle or can I profit from it?

Let's say I am trading in a Reg-T Margin account. When entering a Futures contract, a certain amount of cash is needed as collateral (usually 5%-15%). I'd like to see that collateral generate income ...
3
votes
5answers
121 views

Is the no surcharge rule universal with regard to credit card purchases?

I am referring to this question. My situation is similar, except that I am in Malaysia rather than US. In US it is understood that it's part of their merchant agreement that they can not ...
2
votes
1answer
445 views

What is the difference between the different types of bank in Canada?

In Canada banks are referred to as tier 1 and tier 2. What are the differences between them? What services are they allowed to offer and not offer? Are all covered by the CDIC?
4
votes
1answer
72 views

What effect will the financial reform bill have on everyday Americans?

It looks like Congress made substantial progress towards passing the Financial Reform Bill today, but I really know very little about what is actually in it, and what I do know seems very complex. ...
14
votes
5answers
11k views

Is there a limit on the dollar amount of a personal check?

Is there a limit on the dollar amount of a personal check?
5
votes
6answers
1k views

Is there a law or regulation that governs the maximum allowable interest amount that can be charged on credit cards or in agreements where credit is extended?

When I worked in the corporate world, I remember dealing with a company from the U.K. who cited a U.K. regulation on maximum interest/finance charges that necessitated a change in their contract. ...