control securities


control securities
USA
Securities held by an affiliate of the issuer, regardless of how the affiliate acquired the securities.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Securities Act of 1933 — Congress enacted the Securities Act of 1933 (the 1933 Act, the Truth in Securities Act or the Federal Securities Act , USStat|48|74, enacted 1933 05 27, codified at usc|15|77a et seq. ), in the aftermath of the stock market crash of 1929 and… …   Wikipedia

  • securities account control agreement — USA The agreement in which a debtor (known as the entitlement holder), secured party and securities intermediary maintaining the securities account have agreed that the securities intermediary will comply with instructions (known as entitlement… …   Law dictionary

  • control — con·trol vt con·trolled, con·trol·ling 1: to exercise restraining or directing influence over esp. by law 2: to have power or authority over precedent control s the outcome in this case 3: to have controlling interest in control n …   Law dictionary

  • securities account — USA An account to which a financial asset is or may be credited in accordance with an agreement whereby the financial institution maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise… …   Law dictionary

  • securities intermediary — USA Defined in the UCC as: • A clearing corporation. • A person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity. (UCC §8 102(14).) …   Law dictionary

  • Control premium — is an amount that a buyer is usually willing to pay over the current market price of a publicly traded company. Contrary to a widely held view, this premium is not justified by the expected synergies, such as the expected increase in cash flow… …   Wikipedia

  • control stock — is stock held by a person who directly or indirectly controls the management of the issuing company. The right of the owner or a pledgee to sell control stock is limited by provisions in the Securities and Exchange Acts. American Banker Glossary… …   Financial and business terms

  • Securities and Exchange Commission (Philippines) — See also Securities and Exchange Commission for other similarly named organizations The Philippine Securities and Exchange Commission (Filipino: Komisyon ng Paseguro at Palitan , commonly known as SEC) is a Philippine state commission responsible …   Wikipedia

  • control person — In securities law, a person who has actual power or influence over an issuer. Kersh v. General Council of Assemblies of God, C.A.Cal., 804 F.2d 546, 548. One who formulates and directs corporate policy or who is deeply involved in the important… …   Black's law dictionary

  • control person — In securities law, a person who has actual power or influence over an issuer. Kersh v. General Council of Assemblies of God, C.A.Cal., 804 F.2d 546, 548. One who formulates and directs corporate policy or who is deeply involved in the important… …   Black's law dictionary