Sentences with phrase «certain beneficial owners»

Not exact matches

Due to SEC regulations, insiders (company's officers, directors and any 10 % beneficial owners of a public company) are prohibited from buying and selling their own company securities during certain blackout periods.

theoretically speaking, there are certain cases where it might be beneficial for an owner of a USD - paying dividend to nevertheless hold the underlying security in a CAD account.

Information reporting, but generally not backup withholding, will apply to such a payment if the broker has certain connections with the United States unless the broker has documentary evidence in its records that the beneficial owner thereof is a Non-U.S. Holder and specified conditions are met or an exemption is otherwise established.