Exchange act definition of person
Investment power which includes the power to dispose, or to direct the disposition of, such security.
With regard to 1933 Act control status, it is clear that corporate officerships or directorships are not the only defining characteristic in determining whether or not one is still considered a control person.
(D) if the Board deems appropriate, provide for the arbitration of claims, disputes, and controversies relating to transactions in municipal securities and advice concerning municipal financial products: Provided, however, that no person other than a municipal securities broker, municipal securities dealer, municipal advisor or person.Such rules (i) shall provide that the number of public representatives of the Board shall at all times exceed the total number of regulated representatives and that the membership shall at all times be as evenly divided in number as possible between public representatives and.(J) provide that each municipal securities broker, municipal securities dealer, and municipal advisor shall pay to the Board such reasonable fees and charges as may adresse maison close allemagne karlsruhe be necessary or appropriate to defray the costs and expenses of operating and administering the Board.For example, persons occupying a certain relationship with a control person may themselves treated as control persons.According to 17 CFR.3 (Title 17 - Commodity And Securities Exchanges; Chapter I - Commodity Futures Trading Commission; Part 1- General Regulations Under The Commodity Exchange Act; Definitions the term associated person means any natural person who is associated in any of the following.(5) The Board, the Commission, and a registered securities association under section 15A, or the designees of the Board, the Commission, or such association, shall meet not less frequently than 2 times a year (A) to describe the work of the Board, the Commission, and.However, virtually every company considers its principal financial officer to be an executive officer (either as a vice president in charge of a principal function, finance, or as a significant policy-maker) and Item 402(a 3 ii) of Regulation S-K automatically defines the principal financial officer.Companies may typically have between six and 12 Section 16 officers.Your old college buddy Sam Baker has just been appointed CFO of Dixie Candles, Inc.Who is a Section 16 officer?(5) No municipal advisor shall make use of the mails or any means or instrumentality of interstate commerce to provide advice to or on behalf of a municipal entity or obligated person with respect to municipal financial products, the issuance of municipal securities,.Obviously these tests are largely subjective.Each newly minted Section 16 officer must file an Initial Statement la prostitution en cote d ivoire of Beneficial Ownership of Securities.(b) Any person who, directly or indirectly, creates or uses a trust, proxy, power of attorney, pooling arrangement or any other contract, arrangement, or device with the purpose of effect of divesting such person of beneficial ownership of a security or preventing the vesting.(7) Nothing in this section shall be construed to impair or limit the power of the Commission under this title.(B) Fines collected by a registered securities association under section 15A(7) with respect to violations of the rules of the Board shall be accounted for by such registered securities association separately from other fines collected under section 15A(7) and shall be allocated between such registered.A) For the purposes of sections 13(d) and 13(g) of the Act a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: .Changes in the beneficial ownership of the companys securities, with certain exceptions, must be reported.
Such rules shall specify the minimum scope and frequency of such examinations and shall be designed to avoid unnecessary regulatory duplication or undue regulatory burdens for any such municipal securities broker, municipal securities dealer, or municipal advisor.
Such rules shall specify the amount of such fees and charges, which may include charges for failure to submit to the Board, or to any information system operated by the Board, within the prescribed timeframes, any items of information or documents plan b and sex after required to be submitted.
Form 5 within 45 days after the companys fiscal year-end unless the officer has previously reported on Form 4 all changes in beneficial ownership.
(3) Any provision of this title (other than section 5 or paragraph (1) of this subsection) which prohibits any act, practice, or course of business if the mails or any means or instrumentality of interstate commerce is used in connection therewith shall also prohibit any.