What is an exemptive order?
Exemptive Order means any order of the SEC pursuant to Section 6(b) of the 1940 Act relating to the Partnership’s manner of operation as an Employees’ Securities Company; provided that, if on the date of the Closing, an Exemptive Order as just defined has not been issued by the SEC, until such time as such an Exemptive …
What is exemptive relief?
Exemptive Relief means any approval, decision, declaration, designation, determination, exemption, extension, order, ruling, permission, recognition, revocation, waiver or other relief sought under securities legislation or securities directions; Sample 1Sample 2Sample 3.
What defines an investment company?
Generally, an “investment company” is a company (corporation, business trust, partnership, or limited liability company) that issues securities and is primarily engaged in the business of investing in securities.
What is an SEC file number?
A unique identifier assigned by the SEC to each series of an investment company. The format is an “S” followed by nine digits.
What does exemptive mean?
: relating to, securing, or providing exemption.
What are the rules for ETFs?
The “ETF Rule” is a rule adopted by the U.S. Securities and Exchange Commission (SEC) that allows exchange-traded funds (ETFs) that meet certain conditions to go to market without the delay of obtaining an exemptive order. Passed in 2019, the rule also makes custom creation/redemption baskets available for all ETFs.
Can I start my own investment company?
Starting your own investment company requires a lot of planning and forethought. You will need to incorporate your new business and register with the appropriate agencies and the state government.
How can I check SEC registration of a company?
To check and verify further its Secondary SEC Registration or Secondary License online, visit SEC Capital Market Participants Registry System at www.cmprs.sec.gov.ph.
How do you spell exemptive?
“Exemptive.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/exemptive.
How does an investment company make money?
Investment companies can be privately or publicly owned, and they engage in the management, sale, and marketing of investment products to the public. Investment companies make profits by buying and selling shares, property, bonds, cash, other funds and other assets.
How do I find a company’s 10k?
To find a particular company’s Form 10-K filings, use the Company Search for the SEC’s EDGAR database. On the returned listing of filings for the company, enter “10-K” in the Filing Type box near the top of the page to filter for only Forms 10-K that have been filed.