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Questions around financial laws and legal systems.

1
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1answer
64 views

Where is public stock ownership legally registered and how can it be transferred (ignoring brokers) [closed]

(If required, answers may assume I am asking about the situation in the US) Where does stock ownership ultimately mean if we ignore middle men like brokers. Does the company itself keep a record of ...
0
votes
0answers
15 views

My bicycle was stolen and I feel like I'm entitled to some compensation [migrated]

I recently moved into a brand new apartment complex (most flats are still empty). Over a bank holiday weekend it turns out my bicycle was stolen. The bike was locked up in an underground car park of ...
0
votes
1answer
109 views

Is it a legal requirement for a shop owner in India to give me a receipt if I purchased something in their shop?

Is it a legal requirement for a shop owner in India to give me a receipt if I purchased something in their shop? I'm asking as I purchased a SIM card in a shop of one of the main phone operators in ...
2
votes
3answers
645 views

Obligations if an ATM dispenses too much money

I used an ATM to withdraw a certain sum of money from my bank account. The transaction processed as normal, but the cash dispensed was $20 greater than I had asked for. The machine gave me a receipt ...
3
votes
1answer
213 views

What paperwork is needed when receiving salary through the cryptocurrencies?

Supposedly I got a short-term software engineering remote contract which was agreed to be paid by the cryptocurrencies or tokens on the task-basis (e.g. receiving a certain amount of EOS tokens for ...
3
votes
2answers
271 views

How can I give 10% of equity in a company that does not exist yet?

I am a web developer working on a business idea and "hired" someone to do all the designs for me. The designer I hired has an LLC, we both made a verbal agreement that the design work will be done in ...
67
votes
11answers
37k views

Rent cheque was stolen from landlord - am I obligated to pay again?

I live in Quebec, and my rent cheque was stolen from my landlord as they travelled to the bank to deposit it. They've asked me to stop payment on the cheque, and provide them with a new one. The ...
79
votes
12answers
26k views

A friend asks me all the time to pick up money for her (Western Union, Moneygram)

A friend of mine trades Bitcoin and often asks me to pick up money for her, i.e., someone sends money to me (on my name) and I just pick it up and give it to my friend. The amounts are usually around $...
0
votes
2answers
99 views

Loan default and its effect on the outcome of visa application

In 1997, I took a 5000 GBP loan and was not able to repay. In 1998, I left the UK. Will this loan be erased from my identity? Will I be able to get a UK visa again?
3
votes
3answers
139 views

Being resident (and paying taxes) in Italy, can I absolutely freely choose any online trading platform?

I would like to begin trading online but, as a total beginner, I have the most stupid doubts. Given the huge amount of brokerage platforms accessible online, I don't know how to figure out how to ...
4
votes
2answers
214 views

Is it insider trading if you use internal knowledge to profit from third-party stocks/investments?

To give some examples of what I have in mind: Let's say a high-level manager at Tesla finds out they're planning to build drones using newly developed batteries that would be a huge leap compared to ...
2
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0answers
232 views

What makes a legal $100 note illegal? [closed]

I own a one hundred dollar note that has a small rubber stamp. This red rubber stamp carries the name of the exchange company. I know that bank notes must be clear, without tears, without written ...
25
votes
2answers
5k views

How far removed from source does one need to be to avoid Insider Trading?

As I tried to research and ponder this question, I couldn't help but wonder: How many steps (i.e., persons) removed does one need to be from a source of material/non-public information regarding a ...
5
votes
2answers
397 views

Can you legally invest (i.e. avoid Insider Trading) when you know insider employees?

I have a family member ("Sue") that works for "Company A", which is currently working for another company ("Company B"). Me > Sue > Company A > Company B I know nothing about company B except their ...
4
votes
1answer
69 views

Legality of Providing Online Stock Advice, as a Shareholder

Is it illegal to provide stock tips on online forums, if you are also investing or have invested in the same stocks?
3
votes
1answer
99 views

Can lenders legally reopen accounts without permission from all parties?

I recently closed a credit card account that I possessed with an ex-spouse. My concern is that the aforementioned ex will have the ability to reopen the account with my name still on it. Note: We ...
7
votes
1answer
1k views

Collections calling thanks to BioLife. Is this a scam?

My father just received a phone call from collections saying he owes $650 for a product he purchased in 2015. We thought it was a scam call at first but they seemed to have his personal information ...
4
votes
1answer
166 views

Finding problems with house after purchase

We recently bought a house in Nebraska, USA. I am British and this was my first experience of the US home buying process (and I hope my last!). I am hoping for some guidance as to whether either the ...
0
votes
0answers
32 views

What does 'entity information' mean in the Articles of Organization (California LLC)

I'm filling out the Articles of Organization (Form LLC-1) for an LLC I'm helping set up in California. I'm confused as to what is expected from me to fill out under the section 'entity information' in ...
10
votes
1answer
2k views

Can a 15 year old finance something? [duplicate]

I would like to get a laptop, mainly to use in school and extracurriculars. While I can save up with my job, it would be much easier to finance the laptop instead, since I'm saving up for other things ...
1
vote
2answers
471 views

Is Stock Trading legal for a student on F-1 Visa doing CPT in USA?

I'm an international student in US on F1 Visa. I just want to know if how legal is trading stocks on my visa status.I am doing CPT and will be trading with bitcoins. I've found some posts on quora ...
2
votes
1answer
54 views

“Convertible -debt/note/bond/debentures” which of these are the same or different?

i came across "convertible debentures" when reading a file for a public company. i didn't know what this term meant, so i went to look it up.. but then became more confused. there are sites that say ...
5
votes
3answers
330 views

Is it totally legal to refuse the payment of mature commercial paper debt?

I was reading up about commercial paper on investopedia. It says that commercial paper is a form of short-term unsecured debt. It then goes on to say that Commercial paper is not usually backed ...
5
votes
1answer
132 views

What actions 'encumber' shares?

Reading through a shareholder agreement, I encountered the following section: Encumbering shares Subject to a special resolution of the shareholders to the contrary, no shareholder shall ...
3
votes
1answer
232 views

Buying cryptocurrency for a friend at exchange

Registering and buying currency (bitcoin) at an exchange is not a smooth experience for most. If I am registered at an exchange, can I buy for people (friends and family)? I think it might involve ...
1
vote
2answers
109 views

Is this a viable business plan to secure me real estate?

I'm asking here if this is a viable/likely option for me. To put it shortly, I don't make enough money to put a down payment on any house. I am looking for a silent investor who is willing to agree to ...
0
votes
1answer
162 views

How do I research if my student loan company is doing something illegal?

I have a federally subsidized loan (US), which was put into forbearance in March of this year. I didn't notice, because it is an auto pay account, but, I'm not in school and did not request any ...
4
votes
1answer
252 views

Can landlord/property change unit after approval and payment of fees?

My boyfriend and I are currently in the process of moving across the country, about 650 miles. On September 2nd we visited a property in the area we will be moving to and we really liked it. After ...
1
vote
1answer
2k views

Can I pay a loan under someone else's name? (assume the dispenser of the loan is malicious)

I bought a car last year (well, my dad bought it), and the loan (for the full amount) was dispensed under his name by Toyota Financial Services (TFS). Anyway, TFS allows you to create an account as ...
4
votes
2answers
358 views

U.S. sanctions against citizens from countries under U.S. sanctions [closed]

Preface: It is a known fact that because of Russia taking over Crimea, Iran with their nuclear program and North Korea with their crazy missile plans, the United States Government has placed several ...
4
votes
1answer
213 views

Can my former employer reimburse my FSA expense due to their error?

Ok, so this is a bit convoluted. To be clear, this is not a "use it or lose it" question, nor is it a question of overspending contributed amounts before leaving (I'm well aware of how all that works)....
7
votes
1answer
229 views

Is it legal to charge others a fee if I handle their money for them unlicensed?

Let's say that a friend or two wants to give me x amount of dollars and asks me to invest in things. I charge them a fee or percentage even though I have no license to be a financial advisor or ...
172
votes
6answers
37k views

Found a heap of BTC but have no documentation. What do I do?

Many years ago, I bought around 400 BTC for a few hundred dollars (?) and stored them in a hard drive. Shortly after that, I lost this hard drive, wrote it off as an "Oh well" and didn't think ...
2
votes
1answer
453 views

Is IQ Options trading on companies like Apple or Facebook Illegal in India?

I'm asking this question because, I know that FOREX Trading in India is not legal, so is it legal if we trade options on companies like Apple or Facebook using IQ Options or Expert Options or ...
1
vote
1answer
330 views

Is it legal to invest in foreign startups as a non-accredited investor?

If a US person doesn't qualify as an accredited investor. Can he/she still invest in foreign startups (early stage companies based outside the US)?
1
vote
1answer
121 views

Mortgage documents vs Credit report: am I mortgage-less now?

I live in Chicago IL area, and had some issues with paying my mortgage over the past 2 & 1/2 years. The original mortgage company ended up selling to another company after I filed chapter 7 ...
9
votes
3answers
3k views

Should I be worried that I won't be given a receipt if I pay with cash?

I'm getting an aftermarket accessory installed on my car by an individual. The person has actually been recommended to me by a big dealership in my area and this person seems to be pretty reputable ...
1
vote
1answer
642 views

Is there a problem with withdrawing large amounts at a bank? Australia

If I want to withdraw $50,000 out of my bank. I know i'll be met with some suspicion at the bank and that they'll have to file reports. What are the symptoms of doing this in Australia. Will I enter ...
2
votes
1answer
191 views

Is lemonade insurance a de-facto mutual insurance company? [closed]

Lemonade insurance is a startup that markets itself as the first P2P insurance company, which totally eliminates the need of brokerage service. Are they (and a general P2P insurance organization) a de-...
0
votes
0answers
47 views

Tax consequences for moving funds from my U.S. account to wire cash proceeds to U.K.? [duplicate]

I have a situation where I am being asked to be the go-between for U.S. customers to send me funds that I will put in my own personal account, then withdraw the cash and wire the cash funds to a ...
3
votes
1answer
85 views

When can a pension provider demand reconfirmation of identity?

I've been paying into the same UK pension policy regularly for about ten years. All of a sudden, the pension provider is returning this year's payments and refusing to accept further payments. They ...
3
votes
1answer
359 views

Can a company control its stock through contracts with stockholders?

A question yesterday, Can a company refuse to sell stock?, had asked about if a company could prevent sale of its stock to certain parties. The accepted answer was that, no, a company can't put ...
0
votes
2answers
140 views

Can I force non-payment on a pre-authorization hold by closing account?

I was just thinking back to an episode of Silicon Valley, just hear me out, where Gilfoyle tells Dinesh he can close his bank account to avoid having the donation platform collect the $5,000 he doesn'...
60
votes
5answers
14k views

Can a company block a specific person from buying its stock?

Say there is a very rich, very unpopular individual. This individual wishes to buy millions of dollars in stock in a company he or she thinks will be successful. The company, however, realizes that by ...
0
votes
1answer
73 views

What are the losses when a foreclosure occurs on an investment property in the black?

If the apparent market value of the investment property is above the mortgage balance and a foreclosure occurs, it is clear that the legal expenses and late fees are something that the mortgagee must ...
6
votes
2answers
293 views

Employer reneging on 401k matching

Our employer enforces mandatory withholding in the 401k plan every payday, which appears to be done correctly and timely. As per our benefits contract, the employer is supposed to match our ...
30
votes
4answers
9k views

Can a company charge you for services never requested or received?

My partner and I have recently moved into our new home and as expected have received a number of letters from companies for the previous occupants. This latest "Letter" (I say letter but It was a ...
2
votes
1answer
175 views

Gratuity Payment Cheque Dishonored (Account frozen - demonetization drive) - Should I hand it back before i get another one?

So, I moved out of this organization (will not reveal the name yet) a month and half ago. I got the gratuity payment cheque within three weeks. I held on to it for another two weeks and then deposited ...
2
votes
1answer
170 views

Legal right to ask for someone bank records UK

My mother is involved in a dispute with her recently deceased partners daughter, who is demanding to see records of the joint bank account she held with her partner. My mother acted as her partner's ...
0
votes
1answer
2k views

Can I use a foreign travel card to make an online transaction from India to a website hosted in the US?

I have a foreign travel card valid for paying in the US from Thomas Cook. I'm an Indian citizen and currently in India. I want to make an online payment via a website hosted in the US. Is this ...