Exchange Currency

pay to play

Indirect arm twisting to force compliance. In stockholding, it takes the form of requiring the preferred-stock holders to buy the firm's new stock issues or else losing certain benefits such as anti-dilution protection. In financing, it may manifest as a client with a lucrative investment-banking account pressuring an investment bank to provide commercial banking services (such as credit facilities and loans) to get his or her account. In insurance, it is reflected in rules that prevent a not-at-fault but uninsured driver to claim compensation for body injury or property damage.

Related information about pay to play:
  1. Pay to play - Wikipedia, the free encyclopedia
    Pay to play, sometimes pay for play, is a phrase used for a variety of situations in which money is exchanged for services or the privilege to engage (play) in ...
     
  2. New Jersey Election Law Enforcement Commission .::. Pay-To-Play
    The items listed below provide information concerning the pay-to-play laws. The laws address political contributions made by business entities that are party to ...
     
  3. Pay to Play Law Blog : Pay to Play Lawyer & Attorney : Bribery ...
    Nov 19, 2012 ... Last night, the New Jersey City Council agreed unanimously to pass a revised pay-to-play ordinance restricting vendor contributions to Board ...
     
  4. pay-to-play pre-sale tickets Afton Gorilla Emergenza
    The term pay-to-play is used to describe a performance where an artist (primarily applies to musicians) turns in money before taking the stage. This payment can ...
     
  5. 'Pay to Play' Costs Goldman - The Wall Street Journal
    Sep 27, 2012 ... Goldman Sachs agreed to pay about $12 million to settle SEC charges that Neil M.M. Morrison violated pay-to-play rules by working on the ...
     
  6. SEC Charges Goldman Sachs and Former Vice President in Pay-to ...
    Sep 27, 2012 ... Pay-to-play schemes involve campaign contributions or other payments made in an attempt to influence the awarding of lucrative public ...
     
  7. SEC Issues Risk Alert on "Pay-To-Play" Prohibitions Under MSRB ...
    Aug 31, 2012 ... SEC Issues Risk Alert on "Pay-To-Play" Prohibitions Under MSRB Rules. FOR IMMEDIATE RELEASE 2012-173. Washington, D.C., Aug.
     
  8. Goldman to Pay $12 Million to Settle S.E.C. 'Pay to Play' Case ...
    Sep 27, 2012 ... Goldman Sachs settled allegations on Thursday that one of its investment bankers curried favor with a public official to win lucrative ...