Basel III is an international regulatory agreement that introduced a series of reforms aimed at improving regulation, supervision and risk management in the banking sector.
Basel III represents a recurring step in the ongoing effort to improve the banking regulatory framework.
A consortium of central banks from 28 countries developed Basel III in 2009, mainly in response to the financial crisis of 2007-2008. and the economic downturn that followed.
The 2,000 investor limit or rule is a key threshold for private businesses that are unwilling to disclose financial information for public consumption.
The 500 shareholder threshold was a rule set by the SEC that required companies to publicly disclose financial statements and other information if they reached 500 or more individual shareholders.
The Basel Accords are part of a series of three international banking regulatory meetings that established capital requirements and risk measurements for global banks.
Black money includes all funds earned as a result of illegal activities, as well as other legitimate income that is not taken into account for tax purposes.
A boiler room is a scheme in which sellers use high-pressure selling tactics to persuade investors to buy securities, including speculative and fraudulent securities.