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Piggyback registration |
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Piggyback registrationWhen a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.Piggyback registration Similar MatchesDirect Registration SystemDirect Registration SystemA system that allows shareholders to hold stock in book-entry form registered in their name on the books of the company. At any time, the shareholder may request a certificate which will be provided free of charge. Shareholders have the option to sell shares either through the company (or its transfer agent) or through a broker. The advantage to the shareholders is that they can directly participate in company or transfer agentsponsored plans that are usually only available to registered shareholders, while still maintaining the a to their brokers. Short Form RegistrationShort Form RegistrationA procedure that allows a firm to condense its registration statement and prospectus by referencing financial data already on file with the SEC. RegistrationRegistrationIn the securities market describes process set up pursuant to the Securities Exchange Acts of 1933 and 1934 whereby securities that are to be sold to the public are reviewed by the SEC. Co-registrationCo-registrationA marketing program in which users are invited to sign up for one webmaster's mailing list or ezine during the process of signing up for another's. Shelf registrationShelf registrationA procedure that allows firms to file one registration statement covering several issues of the same security. SEC Rule 415, adopted in the 1980s, allows a corporation to comply with registration requirements up to two years prior to a public offering of securities. With the registration "on the shelf," the corporation, by simply updating regularly filed annual, quarterly, and related reports to the SEC, can go to the market as conditions become favorable with a minimum of administrative preparation and expense. |
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