The True Beauty Of Religion - 1617 Words

Since the dawn of civilization, religious practices and rituals have greatly impacted various societies around the world. Religion is intertwined with almost every aspect of life, ranging from culture, to politics and can even be found in basic social interactions. Regardless of how religious one may be the impact it has on each individual’s life is significant. The true beauty of religion is the fact that there is no set definition, allowing for each region of the world to interpret and practice their beliefs in their own manner. Naming a newborn child is considered a significant rite of passage in numerous religions all around the world. Many religions believe that providing the newborn with a proper name in the eyes of God is a†¦show more content†¦Due to their strong faith, the Jewish community continually looks to uphold God’s laws, attempting to bring holiness to each aspect of their daily lives. It is important to note that there are sects within Judaism, stemming from cultural nuances and geographic location. This means that there are different rituals and practices between the various sects within Judaism. Chabad is one of the world s most known Chasidic movements and is well known for its outreach in the community. It is the largest Jewish religious organization in the world. The Chabad movement represents an intellectual, spiritual school of thought established and led by a dynasty of Hasidic Rabbis. Founded in the late eighteenth century, the Chabad movement originated in Eastern Europe. Chabad Hasidic philosophy focuses on religious and spiritual concepts such as God, the soul, and the meaning of the Jewish commandments. Though there are several sacred traditions and rites in Judaism, the baby rite is one of the most significant events of the religion. The Chabad movement within Judaism has their own secular beliefs about the name rite of a newborn child. The C habad follow the Midrash relates, which are a collection of teachings from the Torah. The Midrash relates state that the Jewish people were freed from Egyptian rule under the merit of four virtues. The first of these virtues dictates that they do not change their names. This is important

New York Stock Exchange Free Essays

New York Stock Exchange Regulation is strictly dedicated to strengthening market integrity and investor protection. All, the directors in the NYSE Regulation’s board of directors is comprised of a majority of directors unaffiliated with any other NYSE board. As a result, NYSE Regulation is independent in its decision-making. We will write a custom essay sample on New York Stock Exchange or any similar topic only for you Order Now The organization consists of three  divisions: Market Surveillance, Enforcement, and Listed Company Compliance.  Ã‚  NYSE Regulation protects investors by enforcing marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and on NYSE Arca meet our financial and corporate-governance listing standards. The NYSE Regulation Board has the following committees: (1) the Human Resources and Compensation Committee;   (2) the Nominating and Governance Committee; and (3) the Committee for Review. The Human Resources and Compensation Committee is appointed by the Board and is charged with duties relating to NYSE Regulation’s human resources policies and procedures, employee benefit plans, compensation and disclosure. The NYSE Regulation Board of Directors is  comprised of three  NYSE Euronext  directors, six  otherwise unaffiliated with NYSE Euronext, and  the NYSE Regulation Chief Executive Officer. The CEO  of NYSE Regulation has primary responsibility for the regulatory oversight of the U.S. market  subsidiaries within NYSE Euronext and reports solely to the NYSE Regulation board of directors.  The Regulation Board oversees all compensation decisions for Regulation employees and the nomination of directors to the Board of Regulation.   When it comes to disciplinary actions, the decisions of NYSE Regulation and its Board of Directors are final, although subject to appeal to the SEC. NYSE Regulation  performs regulatory responsibilities for the New York Stock Exchange and NYSE Arca.   It is comprised of  a  Market Surveillance division that monitors trading activities and investigates  trading abuses  by member organizations on the Floor and  away from the Exchange, an  Enforcement division  that investigates and prosecutes related  disciplinary actions, and a  Listed Company Compliance division that ensures that companies listed on NYSE and on NYSE Arca meet their financial and corporate governance listing standards. Market Surveillance is the division responsible for monitoring trading activities on the Floor and trading â€Å"upstairs† by member firms, both on a real-time basis and after the fact. Enforcement cases include: books and records deficiencies,supervisory violations,misconduct on the trading floor,insider trading,market manipulation, and other abusive trading practices. The trading of securities in the U.S. is subject to vigorous regulation. The principal laws governing trading  are the  Securities Act of 1933 (â€Å"the 1933 Act†) and the  Securities Exchange Act of 1934 (â€Å"1934 Act†). NYSE rules apply to  NYSE member organizations, as well as past and present  representatives, and are designed to protect investors and foster fair dealings with customers. Federal Reserve Board Rules   apply to the entire banking sector for the regulation of borrowing and lending requirements.   Individual states in the U.S. have their own state securities laws.   Any offering of securities in the U.S. must be made in accordance with state as well as federal regulations. Whether Dick Grasso’s compensation was â€Å"reasonable† is a matter of opinion. There are some former directors who still declare adamantly that he deserved all he was paid. Most of the world probably thinks differently. He got a payout of $139.5 million in retirement compensation and other benefits. According to insiders Grassos ran the NYSE like a private fiefdom. Mr. Grasso’s friends and allies on the board contributed a lot to the NYSE but the same lot became a symbol of corporate governance gone bad when it was revealed that those same people doled out his big pay package. The SEC has found that during Mr. Grasso’s reign, specialists repeatedly traded for their own benefit in the place of customers who were ready to trade at the same price. This spurt of questionable trading may have cost investors at least $155 million, according to the SEC staff. That said, it would be a mistake to understate Mr. Grasso’s contributions to the NYSE. His imperious style helped hold together the exchange’s many, often-bickering, constituencies. Thanks to his spending on additional technology, the NYSE easily handled the high volume and volatility of the recent bull and bear markets, no small task. But in the end it is pertinent to mention that NYSE was a non-profit organization and under no circumstance the Chairman can be considered as a CEO of a big multi national. His primary duty was to protect the national interest and was entitled to get the best compansation comparable to a higher government official and not the huge retirement package that he got. REFERENCE 1.  Ã‚  Ã‚  Ã‚  Ã‚   http://www.nyse.com/regulation/1089235621148.html 2.  Ã‚  Ã‚  Ã‚  Ã‚   http://www.mindfully.org/Industry/2003/Grasso-NYSE-Deep-Trouble30dec03.htm How to cite New York Stock Exchange, Essay examples

Business Law Automobile Manufacturing Companies

Question: Describe about the Business Law for Automobile Manufacturing Companies. Answer: 1. It is apparent from the case facts that there are two parties are concerned with the case law i.e. Emirates of Dubai and automobile manufacturing companies. It is mentioned in the given case that Dubai legislature has passed an additional obligation in terms of the strict restriction of CO2 emissions from the automobiles. Automobile manufacturers are not agreeable with this ruling and file suit against the decision of the Emirate of Dubai. The automobile manufacturers have also argued that they are complying with the standards set by the Federal Law of UAE for CO2 emissions. Therefore, it can be stated based on the above facts, that the respective plaintiff is automobile manufacturers and the respective defendant is Emirates of Dubai (Richard, 2003). 2. In the present case, the plaintiff automobile manufacturers are looking for both kind of remedies i.e. legal remedy and equitable remedy. Legal Remedy: The obligation announced by the Emirates of Dubai has not been executed by the automobile manufactures and thus, they are ensuring the legal remedy against the new obligation in the form of injunction. This would ensure that the Emirates of Dubai would not be able to implement this legislation either in present or in future (Andrews, 2011). Equitable Remedy: The automobile manufacturers also desire equitable remedies in the form of equal obligations for all the respective automobile manufactures for CO2 emissions set by UAE Federal Law. The automakers have made the claim with respect to the fair distribution of law in Dubai, which is governed by UAE Federal Law (Taylor and Taylor, 2015). 3. It is apparent that Emirates of Dubai has ruled an incremental ruling in regards to strict restriction on the CO2 emission by automakers in Dubai state. The new highly restricted obligation has essentially been introduced by Dubai legislature, which is in addition to the existing legislation made by UAE Federal Law in order to limit the CO2 emission. 4. It is apparent that online sources are more suitable in order to determine the respective UAE Federal Law. The authorized website of UAE administration along with the Library of Congress act as the authentic sources in regards to find the relevant Federal Laws. 5. Civil Courts, Islamic Courts and Criminal Courts are the three main branches in the UAEs court structure. A brief discussion of these courts is as highlighted below (US Consulate nd). Civil Courts: It handles nautical and business related matters. The concerned party can appeal against the respective judgment in Court of Appeal within the period of thirteen days from the date of primary judgment announcement. Moreover, there would be no further argument made by the party only if the judgment has been announced in the Court of Cessation. Islamic Courts: The judgment ruled in this court is with respect to the ruling of Sharia law. These courts mostly deal with the personal matter of Muslims. Moreover, criminal courts the civil courts also take help of Islamic Courts in some of the critical cases, where the involvement of Sharia law is essential. Criminal Courts: The violations, crime related matter or/and misdemeanors matters especially raised by the public actions are dealt in criminal courts. Reference Andrews, N. (2011), Contract Law, Cambridge: Cambridge University Press Richard S. (2003), The Modern Law of Contract, London: Cavendish Taylor, R. and Taylor, D. (2015), Contract Law, London: Oxford University Press US Consulate (nd), THE UAE COURT SYSTEM, Retrieved on October 15, 2016 https://dubai.usconsulate.gov/emergency_uae_court.html