beneficial owner


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Beneficial Owner

As used for most purposes under the federal securities laws. A beneficial owner of stock is any person or entity with sole or shared power to vote or dispose of the stock. This SEC definition is intended to include a holder who enjoys the benefits of ownership although the shares may be held in another name.

Beneficial Owner

A person who has effective ownership of a security or other property without actually holding title to it. This especially refers to holding voter proxy or investment power over a share or transaction, whether directly or indirectly. See also: Double-dip lease.

beneficial owner

The owner of a security registered in another name. For example, investors often leave securities in trust with their brokerage firms. Although the brokerage firm is shown on the issuer's books as the owner of record, the investor is the beneficial owner.

Beneficial owner.

When your stocks are registered in street name, the brokerage firm has title to the stocks but you are the beneficial owner, or the person who actually benefits from owning the stock.

beneficial owner

the ultimate owner of a FINANCIAL SECURITY rather than any NOMINEE who may have been appointed to hold legally the financial security on behalf of the beneficial owner.
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References in periodicals archive ?
1.Under Section 2 of MC 15, 'Beneficial Owner' refers to any natural person(s) who ultimately own(s) or control(s) or exercise(s) ultimate effective control over the corporation.
Beneficial owner
Its sole owner is Cyprus-registered company Havenport Investments Limited, the beneficial owner of which is Russian citizen Dmitry Mazepin.
Uralchem Trading mineral fertilizers wholesaler raises turnover 1.6% in 2018
In a tweet she said the maker of alleged video Nasir Butt was an notorious murderer and gang leader whereas Maryam Safdar, the person who played the tape was involved in presenting a fake letter in the court using calibri font, and beneficial owner of Benami properties.
Both characters of audio, video story certified liers: Firdous
Rowe Price was the beneficial owner of 25.5M shares of EQT Corp.
T. Rowe Price supports Rice Group of nominees for EQT Corporation board
Companies, especially share companies, would be required to provide particulars of the beneficial owner in the company, and indicate the nature of interest and how that beneficial owner would be maintained in order to regulate its activities and check activities of money laundering.
Ghana fights money laundering with new bill
"Thereof as per the charge framed for holding and being true and real beneficial owner of the assets, the Al Azizia Steel Company Limited (ASCL), the Hill Metal Establishment (HME) and related remittances, beyond his known sources of income as he failed to establish contrary thereto.
Nawaz shifted from Adiala to Lahore's Kot Lakhpat jail
Duggan, the company's board chairman and the beneficial owner of approximately 35% of any's outstanding common stock prior to this rights offering, acquired an aggregate of 3,146,226 shares for an additional investment of approximately USD39.5m.
Pulse Biosciences concludes USD45m rights offering
On December 15, 2017, the same bench had declared that Sunny View Limited (SVL), an offshore company, was established by Tareen which had a legal title of the property measuring 12 acres known as 'Hyde House' but the actual, true, real and beneficial owner of the said property was Tareen.
SC to take up Tareen's review plea on Thursday
If a beneficial owner exercises controls through means like voting rights, agreements, arrangement among others that should also be specified.
Sebi issues revised KYC norms for foreign portfolio investors
The "secret sauce" in this recipe is the creation of legal arrangements that hide the beneficial owner of the corporation, partnership or trust that exercises significant control over the entity.
Hidden Beneficial Ownership and Control: Canada as a Pawn in the Global Game of Money Laundering
However, she denied allegations that she was a beneficial owner of Nielsen and Nescoll or other Avenfield properties.
Was signatory of Nielsen and Nescoll, Safdar testifies in court

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