In contrast to the Proposed Rule, the Final Rule excludes clearing agencies from the definition of “covered person” when engaged only in certain central counterparty or central securities depository activities. This implicates the centrally cleared securities lending ...
and any other person who performs policymaking functions for the company and otherwise conforms to the full scope of the Exchange Act Section 16 definition. In a change from the proposed rules, the final rules will only require recovery of incentive-based compensation received by a person (i) ...
In today’s post, we will delve into the world of public offerings, exploring their definition, types, and the SEC rules that govern them. Whether you are an investor seeking to understand the intricacies of the public offering process or a business owner looking to raise capital, this guide...
” A “covered person” is defined as any person that is (i) a U.S. person; (ii) a non-U.S. person whose performance under the SBS is guaranteed by a U.S. person; or (iii) a non-U.S. person who, in connection with its SBS dealing activity, uses personnel to...
Covered Person’s capacity as such prior to the Effective Time, or (B) this Agreement and any of the Transactions; and (ii) pay in advance of the final disposition of any such claim, action, suit, proceeding or investigation the expenses (including attorneys’ fees) of any Covered Person ...
Covered Person’s capacity as such prior to the Effective Time, or (B) this Agreement and any of the Transactions; and (ii) pay in advance of the final disposition of any such claim, action, suit, proceeding or investigation the expenses (including attorneys’ fees) of any Covered Person ...
Covered Person 3.21(b) Environmental Laws 3.13(a) Excluded Blackstone Parties 5.12(a) Exercising ROFO Holders 5.15(b)(ii) First Binding Offer 5.15(b)(ii) Fundamental Warranties 6.03(a) Government Official 3.21(c) HKIAC 9.06(b) Indemnified Party 8.01 Indemnifying Party 8.01 Indemnity Notice 8.03...
Person, (a) any corporation, of whicha majorityof the total votingpower ofshares of stockentitled (without regard to the occurrence of any contingency) to vote generally in theelection of directorsthereof isat the timeowned or controlled,directly or indirectly, by that Person or one or more ...
According to the SEC, "public float is calculated by multiplying the number of the company’s common shares held by non-affiliates by the market price and, in the case of anIPO, adding to that number the product obtained by multiplying the common shares covered by the registration statement ...
Not every person working for a securities dealer, broker, orinvestment bankmust be registered in order to conduct business, but the requirements are very stringent, by necessity. If you are thinking about selling securities or working for an investment bank as a career, it is best to check wi...