India[ edit ] Paper spread to India in the 7th century. There was a tradition that Muslims would release their prisoners if they could teach ten Muslims any valuable knowledge.
Solicitation of Comment I. Introduction By facilitating rapid and widespread information dissemination, History interpretive paper Internet has had a significant impact on capital-raising techniques and, more broadly, on the structure of the securities industry. Today, almost seven million people invest in the U.
Some provide information about their securities and the markets in which their securities trade. Investment companies use the Internet to provide investors with fund-related information, as well as shareholder services and educational materials.
Issuers of municipal securities also are beginning to use the Internet to provide information about themselves and their outstanding bonds, as well as new offerings of their securities.
The increased availability of information through the Internet has helped to promote transparency, liquidity and efficiency in our capital markets. This release is designed to provide guidance to issuers of all types, including operating companies, investment companies and municipal securities issuers, as well as market intermediaries, on several issues involving the application of the federal securities laws to electronic media.
In developing this guidance, we considered the significant benefits that investors can gain from the increased use of electronic media. We also considered the potential for electronic media, as instruments of inexpensive, mass communication, to be used to defraud the investing public.
One of the key benefits of electronic media is that information can be disseminated to investors and the financial markets rapidly and in a cost-effective and widespread manner. Our recently adopted rules permitting increased communications with security holders and the markets in connection with business combinations and similar transactions should enable issuers to take further advantage History interpretive paper this benefit.
For these offerings, we are considering separately the liberalization of communications by issuers and other market participants.
Reduce uncertainty regarding permissible web site content to encourage more widespread information dissemination to all investors by clarifying some of the facts and circumstances that may result in an issuer having adopted information on a third-party web site to which the issuer has established a hyperlink for purposes of the anti-fraud provisions of the federal securities laws; and general legal principles that govern permissible web site communications by issuers when in registration.
Electronic Delivery We first published our views on the use of electronic media to deliver information to investors in Issuers and market intermediaries therefore must continue to assess their compliance with legal requirements in terms of the three areas identified in the releases -- notice, access and evidence of delivery.
Although we believe that this framework continues to be appropriate, we provide below guidance that will clarify some regulatory issues relating to electronic delivery. Telephonic Consent As noted above, one of the three elements of satisfactory electronic delivery is obtaining evidence of delivery.
The Release provided that one method for satisfying the evidence-of-delivery element is to obtain an informed consent from an investor to receive information through a particular electronic medium.
Others have opined that telephonic consent may be permissible if an issuer or intermediary retains a record of the consent. It is common and increasingly popularfor instance, for security holders to vote proxies and even transfer assets over the telephone where permitted under applicable state law.
We believe these practices have developed because business can be transacted as effectively over the telephone today as it can in paper. We are of the view, therefore, that an issuer or market intermediary may obtain an informed consent telephonically, as long as a record of that consent is retained.
Global Consent The Release stated that consent to electronic delivery could relate to all documents to be delivered by or on behalf of a single issuer. Specifically, they have asked whether an investor can consent to electronic delivery of all documents of any issuer in which that investor buys or owns securities through a particular intermediary.
We believe that an investor may give a global consent to electronic delivery -- relating to all documents of any issuer -- so long as the consent is informed. For example, a global consent that is merely a provision of an agreement that an investor is required to execute to receive other services may not fully inform the investor.
To best inform investors, broker-dealers could obtain consent from a new customer through an account-opening agreement that contains a separate section with a separate electronic delivery authorization, or through a separate document altogether.
We believe that a global consent to electronic delivery would not be an informed consent if the opening of a brokerage account were conditioned upon providing the consent. Similarly, because of the broad scope of a global consent, an investor should be advised of his or her right to revoke the consent at any time and receive all covered documents in paper format.
We recognize that a system allowing an investor to revoke consent to electronic delivery with respect to some issuers' documents, but not others, may be difficult to administer.
An intermediary might be uncertain about whether or not it has complied with its delivery obligations. Thus, intermediaries, if they wish, may require revocation on an "all-or-none" basis, provided that this policy is adequately disclosed when the consent is obtained.
As noted in the Release, an informed consent must specify the type of electronic media to be used for example, a limited proprietary system or an Internet web site. An investor should not be disadvantaged by inadvertently consenting to electronic delivery through a medium that is not compatible with the investor's computer hardware and software.
Additionally, the consent need not identify the issuers covered by the consent. If the consent does identify the covered issuers, it also may provide that additional issuers can be added at a later time without further consent. Investors cannot be required to accept delivery via additional media at a later time without further informed consent.Teach students how to write an interpretive essay and how to write a literary analysis with these simple steps.
Teach how to write a literary analysis or how to write an interpretive essay and avoid the common pitfalls before you assign the essay. Try this exercise: Write down a .
Interpretive Paper- Rough Draft John D. Crevecoeur was a French nobleman who lived in New York and Pennsylvania during the ’s and 70’s. “Letters from an American Farmer” is a document written by Crevecoeur discussing his discovery of a new kind of person, known as “the American.”.
WRITING A GOOD HISTORY PAPER History Department Hamilton College ©Trustees of Hamilton College, Acknowledgements This booklet bears one name, but it is really a communal effort.
I’d like to thank the Director of the Writing Center, Sharon Williams, who History Paper. How To Write An Interpretation Essay An interpretive essay is an essay that provides an analysis of another piece of writing.
An assignment to interpret a work of literature can seem overwhelming. An interpretive essay is a paper where one critically analyzes or interprets a piece of literary work and offers its meaning or its alternative meaning.
The fundamental objective of the literary analysis is to look at the fascinating segments of a literary piece of work.