Definition of Affiliated person:
In connection with a securities registration, the Securities and Exchange Commission (SEC) expands the definition of an affiliated person quite broadly. Form S-11 defines an affiliated person to also include:.
An affiliated person is someone in a position to influence the actions of a corporation. This includes directors, officers, and certain shareholders. Depending on the context, an affiliated person might be referred to simply as an "affiliate." Affiliated persons may also be called control persons or insiders.
One who is able influence the operations of a firm, usually by the reason of being a substantial (but minority) stockholder.
How to use Affiliated person in a sentence?
- An affiliated person is someone in a position to influence the actions of a corporation.
- Affiliated persons can include directors, officers, and certain shareholders.
- Affiliated persons often have access to inside information; consequently, their transactions are more carefully regulated.
Meaning of Affiliated person & Affiliated person Definition