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District of Columbia Securities Law Questions & Answers
1 Answer | Asked in Securities Law and Business Law for District of Columbia on
Q: Having more than 10% of a corps shares, is one always considered an affiliate regardless of the holding period?

I am considered an affiliate owning more than 10 percent of a company's outstanding shares. Will I be subject to the affiliate status and be restricted on the volume and timeframe of selling regardless of the six month holding period?

Ali Shahrestani,
Ali Shahrestani,
answered on Mar 24, 2017



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