Securities
The underlying principles of securities regulation
What are disclosure & transparency
Administrative agencies are sometimes described as this, due to their broad range of powers
What is "4th branch of government"
An agency is formed by the parties' agreement that the agent will act in this way (2 factors)
What is for the principal's benefit and subject to the principal's control
A federally mandated insurance system that provides payments to retired and disabled employees
What is Social Security
The federal agency primarily tasked with addressing unfair and deceptive acts by companies
Modern laws governing securities transactions
What are SOX and Dodd-Frank
How agencies are regulated
What is judicial review (or congressional oversight or executive order or citizen/disclosure laws)
This legal doctrine does NOT apply to independent contractors who are negligent while performing work for a principal
What is respondeat superior
What is the right to sue the employer for negligence resulting in the employee's injury?
A lender's failure to properly disclose interest rates to the borrower could violate this federal law
What is the Truth in Lending Act
The difference between the primary and secondary markets
What is "primary deals with transactions between issuer and investor; secondary deals with transactions between investors"
This is a primary function of administrative agencies
What is rulemaking (or investigation, adjudication, licensing, administration of public benefits)
A type of agent that works solely for one principal at a fixed time and place with job duties and tools provided by the principal.
What is an employee
A federal law regulating employer conduct regarding employee health and medical issues
What is FMLA (or ACA, HIPAA, COBRA)
This federal law protects borrowers who are behind in their credit card payments from being harassed
What is the Federal Fair Debt Collection Practices Act
A corporate director who trades securities based on confidential corporation information may be guilty of this
What is "traditional" insider trading?
A source of administrative law
Constitution, enabling statutes, APA, common law
An agent's ability to make whatever decisions are logically required to carry out her assigned task for the principal
Intentional unequal treatment of an employee can support a discrimination claim under this theory
What is disparate treatment
This type of deceptive advertising scheme targets consumers and is prohibited by the Federal Trade Commission Act.
What is "bait and switch"
Investors should consult this resource to learn about publicly traded companies
What is EDGAR
Where to look for administrative rules and regulations
What is the Code of Federal Regulations (CFR)
A federal law that requires employer-agents to pay minimum wage and overtime to hourly employee- agents
What is the Fair Labor & Standards Act (FLSA)
"Quid pro quo" and "hostile work environment" describe 2 versions of this type of claim
What is sexual harassment?
A type of state law which addresses defective vehicles.
What is a "lemon law"