| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | English term or phrase: | short-swing liability provisions | | Czech translation: | ustanovení o povinnosti odvést zisk z krátkodobé "insider" spekulace | | Entered by: |  jankaisler |
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English to Czech translations [PRO]
Law/Patents - Law (general) | | English term or phrase: short-swing liability provisions | Section 16. All directors and certain officers of the Company are also subject to
the reporting obligations and the short-swing liability provisions of Section 16 of
the Securities Exchange Act of 1943, as amended. Děkuji za pomoc. |
| seraaliceKudoZ activityQuestions: 83 ( 1 open) ( 2 closed without grading) Answers: 86
Czech Republic
| | Local time: 13:31
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| | ustanovení o povinnosti odvést zisk z krátkodobé | Explanation:
insider obchody - ustanovení o povinnosti odvést zisk z krátkodobé "insider" spekulace - vedoucí pracovníci firmy a významní akcionáři mají povinnost odvést zisk z krátkodobé spekulace s akciemi vlastní firmy této firmě
"Any profits realized by an officer or director
(or beneficial owner of more than 10 percent of any class of equity securities of a publicly traded
corporation) from a non-exempt purchase and sale, or sale and purchase of any equity security
of such company occurring within a six-month period must be disgorged to the company. The rule is mechanically applied, imposing strict liability without regard to the purpose of the
trades or actual use of material, non-public information. If relevant trades occur within six
months of each other and yield a profit, the insider must disgorge the profit to the company
even in the absence of wrongdoing."
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Note added at 1 hr (2009-11-02 21:25:49 GMT)
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celé: ustanovení o povinnosti odvést zisk z krátkodobé "insider" spekulace |
| Selected response from:
jankaisler
Germany
Local time: 13:31
| Grading comment Děkuji za pomoc a přeji příjemný den.
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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