SEC Prospectus [Rule 424(b)(1)]

SEC Prospectus Rule 424B1 is the prospectus form that is filed by a company if there are amended articles or changes to their prospectus therein. A company would also file this when there is any new or forgotten information on the original prospectus, thus correcting before finalization.
With the 1933 Securities act, investors are now able to make better financial decisions based on what a company actually tells the public. The act required securities issuers to file and complete statements of registration about financial and material information that the public investors may need know before buying in. These are filed with the SEC before they are available for purchase by the public, namely ten copies of a relevant prospectus including: The companies Ticker symbol, what the company plans to do after their IPO, the number and types of shares they offer, their last reported price, and a few others.
This relevant prospectus will also include how an investor could go about gaining more information about the company, so there is no hidden information or lack of information being volunteered by the company. Things such as finances, share volume, and even amendments to previous prospectus articles. The companies last annual report, (if they have one), will also be included in the list of information that should be easily found by the investor if needed.
As well, the form should include information on experts who prepared the prospectus and other files. These experts are also verified by the SEC and are on file to be contacted should the need arise. Before these forms existed there were instances of companies who’s prospectus would change without anyone knowing or being contacted about it, as well as companies not displaying certain information about themselves. In order to make a level playing field for everyone, this has been done away with by this act and the form itself.

SEC Form 485BPOS Overview

The specific form 485BPOS is actually not a form, or an original filing itself, but an amendment to a previous filing. This amendment corrected further oversights on the 1940 SEC filing act and was the second one processed on said act. The form therein is structured towards a filing by investment companies or a significant security offering. Below is amendment the form is tailored toward.

This forms purpose is to arrange and layout complete details of investment strategies by an investment company. By the same token, the form must also state all security offerings the company has lined up, in the same style, and is a registration statement required for filing separate accounts.
A separate account is when an investor is seeking to manage a financial institution or an individual pool of assets. Typically this is done through a financial advisor, brokerage firm, or institution; for example an insurance company or credit union. Normally sought out by affluent customers and high net worth investors because of the high-risk high reward process that the service normally uses to ensure customers continue to receive a note of good news when they check their accounts.
This is a very popular asset strategy right now, as separate accounts often entail giving a high net worth individual title and ownership of an account that they fund, then hand the account off to an investment specialist or financial advisor who then has the discretion of what and when to trade.
These accounts are highly regulated and are overseen by specialists due to the nature of these investments being rather risky and often employ riskier strategies to find high yields. Other requirements such as a minimum investment limit make it just a little harder to obtain these types of accounts, and therefore the SEC is better able to keep them regulated and fair.

SEC Form 13F-NT Overview

In the capital and securities market, there are many different types of forms and documents used. One important form is the SEC Form 13-NFT. If you are reading this, chances are you want to know what this form is. In that respect, this article describes this important federal document in-depth. It entails the definition of the SEC Form 13-NFT form and what this form consists of.

SEC Form 13F-NT Definition

SEC Form 13f-NT is a quarterly report filed by institutional investment managers to the SEC in accordance to SEC regulations. In this case, SEC stands for “Securities and Exchange Commission.” In the United States, this is an independent federal agency that is charged with protecting investors, maintaining fair as well as orderly functioning of securities markets and aiding capital formation.

SEC Form 13F-NT Components

This form consists of three parts:

  1. The Cover Page—this includes the calendar year or quarter ended, amendment details if there are some, as well as name and address of the institutional investment manager filing the report. It also includes the name, title and phone number of the person singing this report on behalf of the reporting manager. Lastly, the page also comprises names, titles, and phone numbers of other managers reporting for this manager.
  2. The Information Table—this consists of eight columns into which various details are entered. Columns 1, 2, 3 and 4 have the name of security issuers, the title of each class of security, CUSIP and the values of the securities respectively. Columns 5, 6,7 and 8, on the other hand, require share or PRN amount, investment discretion, other managers and voting authority(sole, shared or none) respectively.
  3. The Summary Page—this page literally summarizes the entire document. It condenses the entire information, including Form 13 F information table entry total, down to a few paragraphs.

    Final Thoughts

    The SEC Form 13F-NT is an important report that some institutional investment managers will have to file with the Securities Exchange Commission quarterly. It is a requirement by the federal government that all institutional managers that manage equity assets of at least $100 million in value fill and submit this form to the SEC according to the number of times stipulated by the law.

SEC Form 424B3 Overview

  • The United State’s Security and Exchange Commission is an independent federal agency that regulates the process of issuing stocks or bonds to investors by companies as a way of financing the businesses. Before a company kicks off the stocks or bonds offer process, the agency requires that the company files a document known as SEC FORM 424B3.

    What Is SEC FORM 424B3?

    First of all, businesses often issue a document called a prospectus to the public when they are about to offer stocks, bonds or other securities to investors. A prospectus is simply a type of business document that provides facts and details about the business to potential investors. Of course, new events may occur after that, which may lead to new facts and details about the particular company, which are not in the public domain yet.

    That is where SEC FORM 424B3 comes in. This is a prospectus that the Securities and Exchange Commission requires businesses to file with them prior to kicking off the process of issuing bonds and stocks to the public. That is if new events have occurred, leading to new information about the company, which is not contained in the previous prospectus.

    SEC FORM 424B3 FAQs

    Is it a requirement that companies file SEC FORM 424B3, before selling stocks and bonds to investors? The answer is “NO”. The Securities and Exchange Commission requires companies to file the form only if after issuing a prospectus to the public, new events occurred, which resulted in a substantive change from the supplied information.

    What are the components of SEC FORM 424B3? The components of this form are:

  • The proposed offerings.
  • The risk factors involved in this investment.
  • How the company intends to use the proceeds.
  • The proposed dividend policy.
  • Description of Capital Stock.
  • How the company will conduct bond or stock sales.
  • The plan of bond or stock distribution.
  • Legal affairs.
    Can I file the form alone without professional aid? Yes of course! Simply go to sec.gov and follow the instructions. However, it is better to let a professional do that for you to save time and avoid making mistakes.

    Final Thoughts

    The SEC Form 424B3 is an important prospectus that businesses need to file with the Securities and Exchange Commission under certain circumstances. While you can file it alone, it is always better to let an expert do that for you. That way, you save time and avoid errors that could prove to be too costly in the end.

SEC Filing: Trust Indenture Act of 1939

The 1939 SEC Filing of the Trust Indenture Act (TIA), is a federal law that added restrictions and security to bonds valued at certain amounts. Specifically, it states that there must be a written formal agreement or “indenture”, for any bond sale of $5 million or more. The indenture must be signed by both the bondholder, as well as the issuer. At the same time, the act requires a trustee be appointed for every bond issued therein. This way the rights of the bondholder are not compromised at any time during the process.

This act was mainly passed for the protection of bond investors. It ensures that the trustee has no conflict of interest with the issuer, and to announce twice yearly certain information to investors and securities holders. By having a fair legal and binding contract between the bondholder and the issuer, with a trustee there as an unbiased third party to help oversee the legality and equality for both parties.

The document itself must be read and approved by the SEC and must highlight all the terms and conditions that the trustee, issuer and lender need to abide by for the duration of the bond life. As well, any extra covenants, such as call or put provisions must be outlined in this document; as to allow all parties to be aware of the terms that are set to happen during the bonds life. In the event of insolvency (when an organization can no longer meet its financial obligations), the trustee is given rights to seize and sell the issuers assets to reclaim the investment made. This gives the investor a little more of a safety net in cases such as bankruptcy or fraud within invested securities as well.

Before this act it would be very easy to buy into a very big security while not really knowing all the small nuances that can take place within this type of deal. This act requires there be a fair written contract with a trustee and approved by the SEC along with every provision therein, so all parties are aware of what kind of contract they are entering into.

eSIM on Verizon Wireless

What is an eSIM?

An eSIM is an embedded or electronic SIM inside your device. With an eSIM, there’s no physical SIM card that you need to insert. For example, many connected smartwatches use this type of technology.Like a traditional SIM card, the eSIM stores data that is needed for your device to connect to and use the Verizon’s wireless network.

What does it mean when a device has a Dual SIM with an eSIM?

Devices that have Dual SIM with an eSIM have both a physical SIM card and an eSIM.

What devices currently support Dual SIM with an eSIM?

The Apple® iPhone® XS Max, iPhone XS and iPhone XR have both a physical SIM card and an eSIM.

What are the benefits of having a Dual SIM with an eSIM?

Dual SIM with an eSIM opens up many possibilities that were previously unavailable with only a physical SIM. For example, you can have:

  • Two phone numbers on a single device
  • A data plan with an overseas carrier to use while traveling abroad, without changing your domestic SIM

When will Verizon support eSIM with Dual SIM technology?

Based on our discussions with Apple, we believe you should be able to add our great Verizon service on your eSIM before the end of the year. In the meantime, you can continue to use a physical SIM card to activate Verizon service on your device.

How can I find out more information about Dual SIM with an eSIM on iPhone?

Visit Apple’s support page for more information.

Bose AR Glasses Alto and Rondo

The Bose name is synonymous with high-end mass-market audio products. The Framingham, Massachusetts based company is one of the market leaders in consumer-facing audio technology. They have a significant presence in the headphone, speaker and digital device markets. They are not, however, a name that comes to mind when most consumers think of augmented reality. Bose is hoping to change this perception with the release of their Bose Frames audio-based AR glasses

 Visual-based augmented reality devices utilize cameras to overlay digital widgets over a live view of the world- typically through smartphones and purpose-built augmented reality glasses like Microsoft’s Hololens or Google Glass. The Bose Frames work on a similar principle, combining data gleaned from motion sensors on the device with GPS positioning tech to create the illusion of an audio-based world combined with the real world.

 Bose Frames Specs 

The Bose Frames come in two different models, differentiated only by the style, size, and shape of the units- Bose Frames Alto (BMD0003) and Bose Frames Rondo (BMD0004). The underlying electronic components remain the same for each unit, and the differences are entirely cosmetic. 

 These glasses come equipped with GPS sensors that locate the user. The GPS works in conjunction with a 9-axis sensor that tells the unit in which direction they are viewing and moving towards. Speakers are built-in to the unit, on the sides of the frames where the lens meets the arms of the glasses. Both models come with built-in rechargeable lithium-ion batteries and a magnetic docking/charging station.

 

 Traditional AR glasses use digital displays that are overlayed onto lenses or beamed directly into the user’s eyes. This need to process and display visual images often requires clunky hardware that makes the glasses easy to spot- this is not true with the Bose Frames. The speakers and related hardware are all built into the thick sides of the glasses, which gives them a natural look and weight.

When can we expect a consumer release?

These glasses received FCC approval on 2018-10-22 and the documents are set to become public by January 22nd so it is highly likely at least a developer edition will launch by then. [FCC ID A94429638]

How Are Bose Frames Used?

As with visual AR devices, the Bose Frames run different apps and have many exciting use cases. One example given by the company at SXSW, where the units debuted, was walking along a historic street on a guided audio tour. During the tour, users could tilt their view towards a historic building, business, or landmark and tap the button on the side of the glasses to access an audio description of that area. Essentially the glasses act as your own personal tour guide of downtown. The devices will feature native apps and apps by third-party developers, and the possibilities for use are as varied as those for traditional visual-based augmented reality systems. 

The Future of Audio Technology?

Bose is betting big that their foray into augmented-reality will pay dividends. While the Bose Frames are manufactured and sold by Bose, they are making an aggressive push to work with other companies to license their technology for use in other devices like virtual reality gaming headsets, visual-AR glasses and more. 

Project Fi becomes Google Fi

After years of being “Project Fi”, a service geared toward techies and beta testers, Google recently evolved this project into “Google Fi”.
Along with the redesign, we can expect better service, better coverage, and better rates as Google Fi competes on a bigger scale. Signing up for Google Fi? Use this referral code for a service credit!

Introducing Google Fi
After 3 years of growing with you, our Project Fi community, we’re excited to announce some big news: Project Fi is now Google Fi. Your service and billing won’t be impacted, but you’ll notice a new name, logo, and look-and-feel in places like your Google Fi app and your
Google Fi account.

You can now also bring most Android phones and iPhones to Google Fi. While these phones get most of the Google Fi features you know and love, only phones designed for Fi, like the Pixel you have, unlock all of Google Fi‘s unique features, including seamless switching between cellular networks and automatic connection to secure Wi-Fi hotspots. Since you’re already on the best Google Fi experience, you don’t need to take any action for your own account. Feel free to share the news with friends or family who might be interested in bringing a phone to Google Fi.

Finally, if you’re looking for a new phone, we’re celebrating our big day with one-day offers on all phones designed for Fi, from the Pixel 3 to the Moto G6. Everyone is eligible for these offers—whether you’re looking for a phone for yourself or know someone you’d like to refer to Google Fi.

Today’s update is just the start, and we can’t wait to bring you more from Google Fi. As always, please reach out if you have any questions—we’re here for you 24/7.

Currently, Google Fi has several compatible phones promoted in their online store including:

TP-Link Kasa Smart Spot WiFi Camera KC100

The Kasa Smart Spot is a Nest-like security camera made by TP-Link. With the Kasa Smart Spot connected to your home network, you can see what happens in your home even when you’re away. This keeps your home safe and give yourself a little peace of mind — all while seeing every detail on your phone.
You can set up and use your Kasa Smart Spot alone, or use it together with other smart home devices including plugs, bulbs, switches and more. All
these can be achieved on the Kasa app, which provides:
  • Simple Setup
    • Easily connects your camera to your home network and place it almost anywhere.
  •  Live Video and Two-Way Audio
    • View 1080P full HD video and connect with your family instantly from anywhere at any time with your phone
  •  Free Cloud Storage
    • Record up to two days of video activity per camera at no cost and save favorite moments to your phone. Upgrade options available
  • Activity Detection
    • – Immediately alert you whenever it detects motion, keeping you and your family aware of what’s going on

Pros: Great camera at an affordable price and less expensive then the Nest camera

Cons: 2.4 GHz WiFi Only, indoor-only camera.

Here’s a diagram of the buttons and light functions on the device (click to enlarge).

 

Setup Instructions:

Step 1. Download Kasa
Get the Kasa for Mobile app  from the Apple App Store or Google Play, or by scanning the QR code below
Step 2. Log In
Open the app, and log in with your TP-Link ID. If you don’t have an account, create one first
Tap the +  button in the Kasa app and select Kasa Smart Spot. Follow app instructions
to configure your camera and add it to your home network.

ANATEL — Brazil’s National Telcom Agency

ANATEL Wireless Certification

Brazil’s Agency of National Telecommunication is a very active institute which keeps working hard to make sure that all devices are registered and there are no or least possible cybercrimes. This is what has made them develop ANATEL identifiers which analyze the devices and then certify them to give them a green signal. ANATEL wireless certification is modern, well put together and highly technological, so it covers most aspects, making sure that the certified consumer products have a high quality and the longest possible life. For this, ANTEL identifiers have many manuals, SAR levels, test reports, and user manuals. Now let’s see what ANATEL wireless certification is all about in detail.

ANATEL certifies many devices which are of use to people in their daily life matters. From a simple phone to complex signal generators, ANATEL has applications and software to certify and identify most devices which we have to use very often. Here are some of the devices that ANATEL deals with:

  • Cellphones of all kinds including the smartphones.
  • ANATEL includes the radio devices which are around for a while, including transceivers, cordless phones, and
  • Mobile and other devices’ accessories to ensure that even the smaller but important device accessories are all good to use as well. These accessories include connectors, cables, battery chargers, antenna, batteries, and wireless cards etc.
  • Fixed telecommunication channel creating and mediating devices.
  • Networking equipment like modems which catch and then further provide signals to your devices.
  • IP Phones are identified and certified by ANATEL. There use is increasing day by day.

The basic job that ANATEL performs is that it as to look into the details and functioning of devices very closely. This way ANATEL analyzes the products of consumer use and other devices in depth and then it can provide certification and documents for the devices in a more reliable and efficient manner. ANATEL has to review all the documents which come with a device and then it provides a certificate of homologation to ensure that the telecommunications are as effective and foolproof as they can be. There is no intervention from other companies, institutes or people in power in ANATEL’s wireless certification proceedings which makes the process even quicker, reliable and within your immediate access.

ANATEL keeps checking on medically related wireless as well since they are a major part of life too. For that, they have brought in a project named ANVISA which keeps a vigilant eye on the manufacturing, running, and maintenance of medical regulatory devices. ANATEL also has webinars to let people into the loop and describe things to them so that they know how their devices are regulated and monitored. The device developers are also taken into consideration as they need to know what requirements they have to meet. This makes sure that all parties concerned are well aware of the way that things progress. The authorities at ANATEL are highly functional and vigilant, which is why they have such effective control over things.