Thursday, February 27, 2020

Work Release Programs Essay Example | Topics and Well Written Essays - 1000 words

Work Release Programs - Essay Example 2. A negative group of conditions, if the offender has these conditions then he is not qualified for the work release program (FDC, n.d.). The conditions to get involved in the program 1. The remaining time for the offender to finish his service time in prison is one year and a quarter or less, and there is ability for the authority to extend his service time (FDC, n.d.).2. The percentage of the spent time in service in prison is at least "85%" of the total time he should spend, and that is when there is no ability for the authority to extend his service time (FDC, n.d.). The conditions that cause disqualification 1. The offender is "convicted of sexual battery pursuant to s.794.011 F.S." (FDC, n.d.). 2. If the offender's current service in prison is the "fourth" at least. Any sentences from any other state will be counted (FDC, n.d.). 3. The offender escaped from a prison within "five years" before (FDC, n.d.). 4. If the offender "detainer filed against him/her". But in some cases this condition could be removed from the offender under some circumstances (FDC, n.d.). Under what circumstances a detain file could be ignored 1. The authority who is responsible for the detain procedures doesn't put the procedures in progress or doesn't approve it, and allows the offender to get involved in the program (FDC, n.d.). 2. If the offender has to pay money to terminate the detain procedure. If the offender joined a work release program he will be able to pay any necessary costs (FDC, n.d.).3. The offender's participation in a work release program was canceled "on his current commitment...A positive group of conditions, if the offender has these conditions then he is qualified for the work release program (FDC, n.d.). 1. The remaining time for the offender to finish his service time in prison is one year and a quarter or less, and there is ability for the authority to extend his service time (FDC, n.d.). 2. The percentage of the spent time in service in prison is at least "85%" of the total time he should spend, and that is when there is no ability for the authority to extend his service time (FDC, n.d.). The program aims to ensure security in community. The program also intends to provide good treatment and surveillance for the offenders. The final target of the program for the offenders is to change them from negative individuals to positive individuals, and that's to reconnect them to the public community and their families. The department in fact is trying to treat offenders as people who need help, not as people who need punishment (FDC, n.d.). The main problem that faces applying this work release program is that the offenders could escape during their participation in the program.

Tuesday, February 11, 2020

Sec accredited investor for hedge funds PowerPoint Presentation

Sec accredited investor for hedge funds - PowerPoint Presentation Example According to this regulation, accredited investors are those individuals or group of investors who possess financial might and autonomy. These investors are legalized to invest in a higher risk investment such as hedge funds, limited partnerships, seed money, and private placements networks. It also refers generally to wealthy individuals and organizations such as insurance firms, banks, big charities, and some corporations who are allowed to invest in securities markets. These investors require very little protection offered by particular government filings. (Jaffer p. 134) As explained earlier, accredited investors are investors who are financially powerful and very rich individuals and to qualify as accredited investor, one must have at least one of the following: as an individual or together with his or her spouse must have a net worth more than $1 million. He or she must have stable financial income of more than $200,001 annually or a steady joint income of more than $300,000. One must be a director, general partner, or executive officer for the hedge fund . An employee benefit plan or a trust can qualify as accredited investors if the total asset exceeds $5 million. An American financial journalist known as Alfred W. Jones, in 1949, created the first Hedge fund. By then the funds were known to manage the investment risk due to dynamics in the financial markets. The number of hedge fund grew to over 200 by 1968. Hedge funds refer to privately managed accredited investment funds or securities markets. These are investments made in wide range of markets and large schemes and are bound by regulatory restrictions of a given country. In some countries like in U.S, the regulations restrict hedge fund involvement to certain group of accredited investors. These investments are quite flexible and often permit withdrawals or