Utah Code > Title 61 > Chapter 1 > Part 1 – Securities Fraud Reporting Program Act
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Terms Used In Utah Code > Title 61 > Chapter 1 > Part 1 - Securities Fraud Reporting Program Act
- Adjudicative proceeding: means :Utah Code 68-3-12.5
- Adverse action: means to:
(a) discharge, threaten, or directly or indirectly harass an employee; or (b) otherwise discriminate against an employee in any manner that affects the employee's employment, including: (i) compensation; (ii) terms; (iii) conditions; (iv) location; (v) rights; (vi) immunities; (vii) promotions; or (viii) privileges. See Utah Code 61-1-102 - Allegation: something that someone says happened.
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Commission: means the Securities Commission created in Section 61-1-18. See Utah Code 61-1-13
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Contract: A legal written agreement that becomes binding when signed.
- Covered judicial or administrative action: means a judicial or administrative action brought under this chapter that results in a monetary sanction exceeding $50,000. See Utah Code 61-1-102
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Division: means the Division of Securities established by Section 61-1-18. See Utah Code 61-1-13
- Employee: means an individual who performs a service for wages or other remuneration under a contract of hire, written or oral, express or implied. See Utah Code 61-1-102
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Fraud: Intentional deception resulting in injury to another.
- Fund: means the Securities Investor Education, Training, and Enforcement Fund created in Section 61-1-18. See Utah Code 61-1-102
- Grand jury: agreement providing that a lender will delay exercising its rights (in the case of a mortgage,
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Monetary sanction: means money required to be paid under this chapter as the result of a judicial or administrative action, including a penalty or disgorgement. See Utah Code 61-1-102
- Original information: means information that is:
(a) derived from the independent knowledge or analysis of an individual; (b) not known to the division or commission from a source other than the individual; and (c) unless the individual is the source of the information, not exclusively derived from: (i) an allegation made in a judicial or administrative hearing; (ii) a government report, hearing, audit, or investigation; or (iii) the media. See Utah Code 61-1-102 - Person: means :
(i) an individual; (ii) a corporation; (iii) a partnership; (iv) a limited liability company; (v) an association; (vi) a joint-stock company; (vii) a joint venture; (viii) a trust where the interests of the beneficiaries are evidenced by a security; (ix) an unincorporated organization; (x) a government; or (xi) a political subdivision of a government. See Utah Code 61-1-13 - Reporter: means an individual who provides original information relating to a violation in accordance with Section 61-1-103. See Utah Code 61-1-102
- Reporter: Makes a record of court proceedings and prepares a transcript, and also publishes the court's opinions or decisions (in the courts of appeals).
- State: means a state, territory, or possession of the United States, the District of Columbia, and Puerto Rico. See Utah Code 61-1-13
- Writing: includes :Utah Code 68-3-12.5