Replies to post #20573 on RushNet Inc (RSHN)

[marayatano]

NOBOs and OBOs

Under NI 54-101, there are two types of beneficial owners: (1) non-objecting beneficial owners (“NOBOs”), who are beneficial owners of securities who have instructed their intermediary that they do not object to the intermediary disclosing ownership information about them for the purposes of NI 54-101; and (2) objecting beneficial owners (“OBOs”), beneficial owners who object to the intermediary providing such information. “Intermediaries” are generally brokerage firms who hold securities in accounts for their clients.

http://www.cwilson.com/newsletters/securities/slb-dec04.htm

This Newsletter has a little info, but is from 2004 and Canadian.