InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,459.10
(
1.11%
)
US TECH 100
18,514.00
(
1.00%
)
Dow Jones
40,589.34
(
1.64%
)
Brent Oil
80.58
(
0.01%
)
Bitcoin
69,369.53
(
1.60%
)
Post# of 222557
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

integral

Send PM Follow Ignore
Followers 221
Posts 28613
Boards Moderated 0
Alias Born 03/18/2009

integral

Re: Magnum7419 post# 125367

Monday, 08/21/2017 12:23:20 PM

Monday, August 21, 2017 12:23:20 PM

Post# of 222557
Beneficial Ownership of Affiliate status is not determined by blood. For instance, a CEO's sister who lives in China purchases stock in the brother's company in the open market and the CEO lives and works in Indiana has a good argument against her shares considered affiliate shares. However, a live in nanny with no family ties who buys stock in the open market may have the free trading shares purchased on the open market, restricted and subject to Rule 144 resale limitations pursuant to affiliate status.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up