Ordinarily, I have used gross rather than net capital expenditures in my free cash flow calculations. Recently, an article made me rethink my choice of CapEx figures. Here I explain why, perhaps, net ...
The Financial Industry Regulatory Authority Inc. said Friday it had fined a small broker-dealer, Laidlaw & Co. (UK) Ltd., $200,000 for persistently breaking the securities industry's net capital rule, ...