The
selling group will be paid a cash commission equal to 7.
Firms who wish to serve only as a
Selling Group Member are not required to provide proposals in response to the questions posed in this RFP, but must be registered with FINRA and SEC and must provide registration numbers.
The remaining 30% economics will be split equally among the two co-managers--Wells Fargo and JP Morgan on the initial transaction--and the group of
selling group members.
Quarto will be responsible for building the independent broker-dealer
selling group and overseeing compliance activities for Realty Capital Securities, LLC.
Reattribution of loss carryforwards is available to the
selling group and may be the preferred method for realizing the benefit of those losses, especially if the losses apportioned to the departing member are not severely limited and the
selling group cannot generate sufficient capital gains to offset the capital loss on the sale of the subsidiary.
The sales performance of our Direct
Selling Group continues to be adversely affected by the softness in our Italian operation, the devaluation of the Mexican peso and the exiting of the U.
This program added six black firms to its 48-member debenture
selling group and created a 10-point plan for the firms to underwrite discount notes, long-term debentures and notes, mortgage-backed securities and real estate mortgage investment conduits (REMICs).
The tax benefit to the nonconsolidated
selling group will not be greater than the lesser of these two amounts.
This figure marks Clayman's team as the top
selling group thus far this year, a record she has held for years 2000 and 2001.
Unless the
selling group formally elects to apportion some of its consolidated Sec.
Massachusetts Mutual is
selling Group Life as part of its strategic plan to concentrate on insurance protection and money management for individuals and institutions, said Thomas Wheeler, Massachusetts Mutual chief executive, in a statement.
The basic facts assumed are that Target is a 100-percent subsidiary in
Selling Group, that Target and its wholly owned Subsidiaries are being acquired in a taxable purchase by Acquiring Group, no section 338 election is being made and both
Selling Group and Acquiring Group file consolidated returns.
