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Simple English definitions for legal terms

deregistration

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A quick definition of deregistration:

Deregistration is when a company no longer needs to be registered with the Securities Exchange Act of 1934 because there are not enough people holding the company's securities. This is different from delisting, which is when a company's securities are removed from a stock exchange.

A more thorough explanation:

Definition: Deregistration is the process by which an issuer's registration under § 12 of the Securities Exchange Act of 1934 is no longer required due to a decrease in the number of holders of the issuer's securities.

For example, if a company has fewer than 300 shareholders of record, it may be eligible to deregister with the Securities and Exchange Commission (SEC) and stop filing regular reports.

This means that the company will no longer be required to comply with certain SEC regulations and can save money on compliance costs. However, it also means that investors may have less information about the company's financial performance and operations.

de redisseisina | deregulation

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[] baddestbunny
16:14
also wow I didn’t consider that about immigration policy. hmmm
[] baddestbunny
16:17
@Law-Guy: you get it
Dkkm11
16:19
@baddestbunny: oh yeah definitly. Idk how any system of government would work if you can't distribute social goods to everyone.
MildChiller
16:33
does anyone know if the Yale webinars are cameras on?
1a2b3c4d26z
16:35
Justice as deez!
[] baddestbunny
17:49
Quentin Tarantino is interested in watching somebody’s ear getting cut off; David Lynch is interested in the ear.
Dkkm11
18:03
Quentin Tarantino can't resist putting a gay scene with a black guy participating in the gay act in his movies.
Dkkm11
18:05
David Lynch is just gay.
[] baddestbunny
18:18
Lynch is more in touch with his unconscious/dream state than the average person
Dkkm11
18:42
Probably. I just dont know. All I know is he did a good job with Dune.
[] baddestbunny
18:45
You should watch Blue Velvet
[] baddestbunny
18:46
How’s your LSAT studying been going?
Dkkm11
18:49
It is good. I have about two more weeks and I broke the 90 level on LSAT Demon which is good last night. My goal is 95 so I can probably get it before I test. It is scaled our of 100. This is for LR. My RC is below that but I know the more I get better at MBT questions the better my RC becomes.
Dkkm11
18:50
I watched the trailer for that movie. The run time is 2 hours. May watch it on 2x the speed. Just watched se7en and thats like as graphic as I get so I kinda need a break from weird bodyhorror stuff. The sloth guy in that movie scared me.
Dkkm11
18:51
I do like psychological horror though.
[] baddestbunny
18:53
Oh jesus don’t watch the movie at all if you’re gonna watch it on 2x speed
[] baddestbunny
18:54
I have never used lsat demon; how do their levels relate to actual lsat scoring?
Dkkm11
18:56
kinda go in 20 point intervals. 20 points if you have mastered lvl 1 difficulty questions, 100 points if you have mastered lvl 5.
Dkkm11
18:56
Getting 100 points is incredibly difficult though. anything baout 95 is pushing the 175-180 range. 90-95 is like 170-174 or so. etc.
[] baddestbunny
18:56
yeah but if you’re getting a 95 on all sections what LSAT score is that? how is that calculated?
[] baddestbunny
18:56
oh okay
[] baddestbunny
18:57
so 100 would be a 180?
Dkkm11
18:57
Yeah, 100 is like you would get a 180 and there's nothing more to teach you. I have only seen someone with a 100 like 2/3 times.
[] baddestbunny
18:57
are you taking practice tests that are being scored though?
[] baddestbunny
18:57
or just drills
Dkkm11
18:57
Yep, they get factored into it.
Dkkm11
18:58
I do drilling essentially every day. A timed section every 3, and a test every 2 weeks.
1a2b3c4d26z
20:06
re: WashU's URM lsat differential - fair to chalk that up to LSAT redaction weirdness messing w the scale or are they generally starved for URMs
1a2b3c4d26z
20:07
And an (albeit negligible) inverse URM GPA differential
OppositeEarlyCorgi
21:53
Just found out LSAC gpa is different from offical from undergrad, went from 3.0 on 4.0 scale to 2.67... Guess I'm a super splitter rather than a splitter
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