Source: https://www.findknowdo.com/search-site?f%5B0%5D=im_field_regulated_entities%3A418
Timestamp: 2019-04-21 07:02:18
Document Index: 150844862

Matched Legal Cases: ['§ 248', '§ 248', '§ 248', 'art 248', '§ 240', '§ 240']

SEA Rule 17Ad-23: Clearing agency policies and procedures to protect the confidentiality of trading information of clearing agency participants. (PROPOSED)
This rule was proposed in 76 FR 14472. Each clearing agency shall establish, implement, maintain, and enforce written policies and procedures reasonably designed to protect the confidentiality of any and all transaction information that the clearing agency receives. Such policies and procedures ...
Transfer Agents, Clearing Orgs.
SEA Rule 17Ad-24: Exemption from clearing agency definition for certain registered securities based swap dealers and registered security-based swap execution facilities. (PROPOSED)
This rule was proposed in 76 FR 14472. A registered security-based swap dealer and a registered security-based swap execution facility shall be exempt from inclusion in the term clearing agency, as defined in section 3(a)(23)(A) of the Act, where such registered security-based swap dealer or ...
Swap Dealers / SBSDs, SEFs / SBSEFs, Transfer Agents, Clearing Orgs.
SEA Rule 17Ad-26: Standards for board or board committee members. (PROPOSED)
This rule was proposed in 76 FR 14472. (a) Each clearing agency shall establish governance standards for its board members and board committee members. (b) Such standards shall address at least the following areas: (1) A clear articulation of the roles and responsibilities of directors serving on ...
Reg S-AM: Rule 248.101: Purpose and scope.
(a) Purpose. The purpose of this subpart is to implement section 624 of the Fair Credit Reporting Act, 15 U.S.C. 1681, et seq. (“FCRA”). Section 624, which was added to the FCRA by section 214 of the Fair and Accurate Credit Transactions Act of 2003, Public Law 108-159, 117 Stat. 1952 (2003) (“FACT ...
Credit Reporting, Privacy / Confi., Sales
Reg S-AM: Rule 248.102: Examples.
The examples in this subpart are not exclusive. The examples in this subpart provide guidance concerning the rules' application in ordinary circumstances. The facts and circumstances of each individual situation, however, will determine whether compliance with an example, to the extent ...
Reg S-AM: Rules 248.103-248.119: Reserved
Reg S-AM: Rule 248.120: Definitions.
As used in this subpart, unless the context requires otherwise: (a) Affiliate of a broker, dealer, or investment company, or an investment adviser or transfer agent registered with the Commission means any person that is related by common ownership or common control with the broker, dealer, or ...
Reg S-AM: Rule 248.122: Scope and duration of opt out.
(a) Scope of opt out -(1) In general. Except as otherwise provided in this section, the consumer's election to opt out prohibits any affiliate covered by the opt out notice from using eligibility information received from another affiliate as described in the notice to make marketing ...
Reg S-AM: Rule 248.123: Contents of opt out notice; consolidated and equivalent notices.
(a) Contents of opt out notice -(1) In general. A notice must be clear, conspicuous, and concise, and must accurately disclose: (i) The name of the affiliate(s) providing the notice. If the notice is provided jointly by multiple affiliates and each affiliate shares a common name, such as “ABC,” ...
Reg S-AM: Rule 248.124: Reasonable opportunity to opt out.
(a) In general. You must not use eligibility information that you receive from an affiliate to make marketing solicitations to a consumer about your products or services unless the consumer is provided a reasonable opportunity to opt out, as required by § 248.121(a)(1)(ii). (b) Examples of a ...
Reg S-AM: Rule 248.125: Reasonable and simple methods of opting out.
(a) In general. You must not use eligibility information about a consumer that you receive from an affiliate to make a marketing solicitation to the consumer about your products or services, unless the consumer is provided a reasonable and simple method to opt out, as required by § 248.121(a)(1)(ii ...
Reg S-AM: Rule 248.126: Delivery of opt out notices.
(a) In general. The opt out notice must be provided so that each consumer can reasonably be expected to receive actual notice. For opt out notices provided electronically, the notice may be provided in compliance with either the electronic disclosure provisions in this subpart or the provisions in ...
Reg S-AM: Rule 248.127: Renewal of opt out elections.
(a) Renewal notice and opt out requirement -(1) In general. After the opt out period expires, you may not make marketing solicitations to a consumer who previously opted out, unless: (i) The consumer has been given a renewal notice that complies with the requirements of this section and §§ 248.124 ...
Reg S-AM: Rule 248.128: Effective date, compliance date, and prospective application.
(a) Effective date. This subpart is effective September 10, 2009. (b) Mandatory compliance date. Compliance with this subpart is required not later than January 1, 2010. (c) Prospective application. The provisions of this subpart do not prohibit you from using eligibility information that you ...
Reg S-AM: Appendix to Subpart B of Part 248-Model Forms
a. Although you and your affiliates are not required to use the model forms in this Appendix, use of a model form (if applicable to each person that uses it) complies with the requirement in section 624 of the FCRA for clear, conspicuous, and concise notices. b. Although you may need to change the ...
SEA Rule 17Ad-8: Securities position listings.
(a) For purposes of this section, the term securities position listing means, with respect to the securities of any issuer held by a registered clearing agency in the name of the clearing agency or its nominee, a list of those participants in the clearing agency on whose behalf the clearing agency ...
SEA Rule 17Ad-9: Definitions.
As used in this section and §§ 240.17Ad-10, 240.17Ad-11, 240.17Ad-12 and 240.17Ad-13: (a) Certificate detail, with respect to certificated securities, includes, at a minimum, all of the following, and with respect to uncertificated securities, includes items (2) through (8): (1) The certificate ...
SEA Rule 17Ad-10: Prompt posting of certificate detail to master securityholder files, maintenance of accurate securityholder files, communications between co-transfer agents and recordkeeping transfer agents, maintenance of current control book, re..
(a) (1) Every recordkeeping transfer agent shall promptly and accurately post to the master securityholder file debits and credits containing minimum and appropriate certificate detail representing every security transferred, purchased, redeemed or issued; Provided, however, That if a security ...
SEA Rule 17Ad-11: Reports regarding aged record differences, buy-ins and failure to post certificate detail to master securityholder and subsidiary files.
(a) Definitions. (1) Issuer capitalization means the market value of the issuer's authorized and outstanding equity securities or, with respect to a municipal securities issuer, the market value of all debt issues for which the transfer agent performs recordkeeping functions on behalf of that ...
SEA Rule 17Ad-12: Safeguarding of funds and securities.
(a) Any registered transfer agent that has custody or possession of any funds or securities related to its transfer agent activities shall assure that: (1) All such securities are held in safekeeping and are handled, in light of all facts and circumstances, in a manner reasonably free from risk of ...
SEA Rule 17Ad-13: Annual study and evaluation of internal accounting control.
(a) Accountant's report. Every registered transfer agent, except as provided in paragraph (d) of this section, shall file annually with the Commission and the transfer agent's appropriate regulatory agency in accordance with § 240.17Ad-2(h), a report specified in paragraph (a)(1) of this ...
SEA Rule 17Ad-14: Tender agents.
(a) Establishing book-entry depository accounts. When securities of a subject company have been declared eligible by one or more qualified registered securities depositories for the services of those depositories at the time a tender or exchange offer is commenced, no registered transfer agent ...
SEA Rule 17Ad-15: Signature guarantees.
(a) Definitions. For purposes of this section, the following terms shall mean: (1) Act means the Securities Exchange Act of 1934; (2) Eligible Guarantor Institution means: (i) Banks (as that term is defined in section 3(a) of the Federal Deposit Insurance Act [12 U.S.C. 1813(a)]); (ii) Brokers, ...
SEA Rule 17Ad-16: Notice of assumption or termination of transfer agent services.
(a) A registered transfer agent that ceases to perform transfer agent services on behalf of an issuer of securities, including a registered transfer agent that ceases to perform transfer agent services on behalf of an issuer of securities because of a merger or acquisition by another transfer agent ...