Assertion: fund's security | /r/HasProperty | sold to insider
Facets:
value: except on the same terms
type: OTHER
value: to anyone
type: TRANSITIVE-OBJECT
Source sentences:
text: Both the Commission and the representatives of investment companies agreed in 1940 that "[n]o security issued by an investment company shall be sold to insiders or to anyone other than an underwriter or dealer, except on the same terms as are offered to other investors."72