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associated person

associated person. Securities. 1. A partner, officer, director, branch manager of a broker or dealer, or any person performing similar functions or occupying a similar status, any person directly or indirectly controlling, controlled by, or under common control with the broker or dealer, or any employee of the broker or dealer — with two exceptions:

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Noerr-Pennington doctrine

Noerr-Pennington doctrine 〈美〉努艾尔-本宁顿规则 是指来自最高法院的东部铁路主管联席会诉努艾尔汽运公司〔Eastern R.R.President Conference v. Noerr Motor Freight, Inc.〕和联合采矿工人诉本宁顿〔United Mine Workers v.Pennington〕两个判例中确立的规则。该规则认为鼓动立法或实施法律的联合行动不构成违反反托拉斯法。前一个案件涉及铁路系统游说州的立法机关和行政机关采取抑制其竞争者——从事长途货运业务的汽车运输公司的运动,法院认为尽管铁路系统要求政府采取行动的动机是为了减少来自汽车运输业的竞争的事实存在,但其游说并没有违背《谢尔曼法》〔Sherman Act〕,因为游说向政府提供了制定合理政策的必要信息;同时,对游说进行限制可能会侵犯宪法第一条修正案所保护的言论自由权。在第二个案件中,法院认为,影响行政机关的相似努力也不构成违反《谢尔曼法》,即使其中包括了欺骗或虚伪供述这样不道德的行为。近来在加州汽车运输公司诉卡车无限公司一案中〔California Motor Transport Company v.Trucking Unlimited〕,法院发展了该原则,认为影响管理机构如州际商业委员会〔Interstate Commerce Commission〕的行为也是合法的。

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union

union, n. An organization formed to negotiate with employers, on behalf of workers collectively, about job-related issues such as salary, benefits, hours, and working conditions. • Unions generally represent skilled workers in trades and crafts. — Also termed labor union; labor organization; organization. See TRADE COUNCIL. [Cases: Labor Relations 81. C.J.S. Labor Relations §§ 43–45.]

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law firm

An association of lawyers who practice law together, usu. sharing clients and profits, in a business organized traditionally as a partnership but often today as either a professional corporation or a limited-liability company. • Many law firms have a hierarchical structure in which the partners (or shareholders) supervise junior lawyers known as “associates,” who are

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hedge fund

hedge fund. A specialized investment group — usu. organized as a limited partnership or offshore investment company — that offers the possibility of high returns through risky techniques such as selling short or buying derivatives. • Most hedge funds are not registered with the SEC and are therefore restricted in marketing their services to the

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financial core membership

financial-core membership. Union membership in which a private-company employee pays the union’s initiation fees and periodic dues but is not a full union member. • Financial-core membership is allowed only in states without a right-to-work law, where a union-security contract clause can require employees to pay financial-core membership dues but cannot require full union membership.

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société

société (soh-see-ay-tay), n. [French] French law. A partnership. société anonyme (soh-see-ay-tay an-aw-neem), n. [French] French law. An incorporated joint-stock company. société d’acquêts (soh-see-ay-tay dah-kay), n. [French] French law. A written agreement between husband and wife designating community property to be only that property acquired during marriage. société en commandite (soh-see-ay-tay awn koh-mawn-deet), n. [French] French

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