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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: 154 ( 5 open) ( 2 without valid answers) ( 2 closed without grading) Answers: 91
| | Local time: 02:47
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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."
-------------------------------------------------- Note added at 1 hr (2009-11-02 21:25:49 GMT) --------------------------------------------------
celé: ustanovení o povinnosti odvést zisk z krátkodobé "insider" spekulace |
| Selected response from:
jankaisler Local time: 02:47
| Grading comment Děkuji za pomoc a přeji příjemný den. 4 KudoZ points were awarded for this answer |
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| Changes made by editors |
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| Nov 4, 2009 - Changes made by jankaisler: | | Created KOG entry | KudoZ term => KOG term |
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