The Securities Investors' Bill Of Rights SIBORAP : Part Four

SIBORAP includes these ten specific sections: (1) Product Transparency, (2) Principle and Education, (3) Safeguard from Speculators (4) Polity of Hedge Funds, (5) Brokerage Narration Statements, (6) Retirement Legend Investments, (7) Executive Compensation, (8) Corporate Financial Statements, (9) Taxation of Investment and Retirement Income, and (10) Transactional Greed and Panic Controls.

Divide Seven: Executive Compensation - continued from Thing Three of the SIBORAP report.

Every dollar paid to corporate executives, directors, and employees (in any form whatsoever) in excess of two million dollars would be matched by a ten-cent per participation extra dividend to all shareholders and a 10%-of-annual-pay bonus to all employees.

All golden parachutes, separate "non-qualified" retirement plans, stock option and deferred compensation programs, and others that do not facilitate all employees and shareholders testament be unwound over a three to five year period. Any clerk who receives in excess of $250,000 in compensation must shop for (and retain while employed by the convention plus 3 years) 10 usual shares for everyone $1,000 of his or her highest life compensation--- retroactive three years.

Under SIBORAP, any business that reports profits in any year, or that pays performance-based bonuses to any employee, must first pay a "bonus" dividend to its shareholders identical to no less than 25% of the profits and proposed bonuses.

Cut Eight: Corporate Financial Statements.

Investors have a licence to have confidence in the numbers presented in corporate financial statements. SIBORAP mandates that all publicly traded companies exercise an independent auditing sure to: translate partnership financials into simplified documents comprehensible to non-accountants.

These auditors would be rotated among resembling companies and industries, with at least three years between appearances at any one company. Their compensation would be a apartment lodgings rate plus rewards for identifying inaccuracies, inappropriate practices, and outright fraud. Executives in the chain of order from where the problems were found would be personally responsible for the rewards paid to the auditors.

Auditors would rank the financial status of companies based upon cash flow data, obligation to equity ratios, operating profitability, production trends, and other fundamental indicators of value.

Reduce Nine: Taxation Considerations.

The happening tax regulation encourages, yet dictates, investment errors, and creates a larger burden on all levels of authority than is necessary. Investors have a prerrogative to formulate their investment and retirement plans without having to interest about changing tax law requirements.

Ironically, the display Social Security structure does more harm than positive to both the economy and retiree aid packages. SIBORAP allows most employees to "opt out" of Social Security in favour of making (smaller) mandatory contributions to a fully funded and guaranteed, private, retirement relieve program.

Employers would be freed of this worker ease burden, on the contrary would be required to practice their savings to: add jobs, divide prices, increase shareholder dividends, or improve employee health benefits. Employees will have more method to spend, and thousands of virgin jobs will be created within an existing industrial infrastructure--- not to mention careers in (private sector) corporate oversight.

As implied above, SIBORAP prohibits the taxation (by any government) of: (1) any form of retirement funds received from any employee assist plan, and fixed-income-annuity funded Social Security benefits, and (2) any form of investment income, non-native or domestic, received by actually any protest that complies with SIBORAP.

SIBORAP reinforces the rights of investors in particular, and mankind of the United states in general, to keep what they have earned, created, and inherited during their lifetimes, and to pass their estates to their heirs unencumbered by any form of taxation at any level. All inheritance taxes are illegal, retroactive twenty years.

Incision Ten: Transactional Fear and Greed Controls.

Investors have a correct to be emotional, irrational, fickle, stubborn, confused, fearful, inexperienced, hindsightful, and greedy. Nothing the most thoughtful and caring expert can divulge or do will prevent the errors that diverse of us gaze back on with a frown and a headshake.

SIBORAP will provide investors with worthier information, introduce rules that will aid them help from proven asset allocation and diversification techniques, and implement controls on both cold blooded speculators and blood thirsty tax collectors. On the other hand couldas, wouldas, and shouldas cannot be legislated absent of the investment formula--- still with trading halts.

In reality, financial institutions won't be required to emphasize long-term investment thinking or to encourage cycle-savvy investment behavior. However the news is available and the experienced wisdom is outside there for the reading. SIBORAP will benefit the lazy investor in his pursuit of wealth, nevertheless pulling the true decision lever is every investor/voter's lonely responsibility.

As to the global investment existence that should spawn a SIBORAP--- that other expenditure investor, the guy from Omaha, lay it charming clearly just the other generation in the Recent York Times: "Be fearful when others are greedy, and be greedy when others are fearful."

Ease settle a SIBORAP in your future--- vote!

Steve Selengut
http://www.sancoservices.com/
http://www.kiawahgolfinvestmentseminars.com
Professional Investment Authority from 1979
Author of: "The Brainwashing of the American Investor: The Jotter that Wall Street Does Not Hope for YOU to Read", and "A Millionaire's Secret Investment Strategy"

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