Beneficial Owner

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Dictionary Says

Definition of 'Beneficial Owner'

1. A person who enjoys the benefits of ownership even though title is in another name. 

2. Any individual or group of individuals that, either directly or indirectly, has the power to vote or influence the transaction decisions regarding a specific security.
Investopedia Says

Investopedia explains 'Beneficial Owner'

1. For example, when shares of a mutual fund are held by a custodian bank or when securities are held by a broker in street name, the true owner is the beneficial owner, even though, for safety and convenience, the bank or broker holds title.

2. Beneficial ownership may be shared among a group of individuals. If a beneficial owner controls a position of more than 5% it must file Schedule 13D under Section 12 of the Securities Exchange Act of 1934.
Search results for

'Beneficial Owner'

  • Series 7 Study Guide - Retirement Accounts - Custodial Accounts ...

    http://www.investopedia.com/exam-guide/series-7/retirement/custodial-accounts.asp
    ... The money then belongs to the minor (the beneficial owner), but is controlled by
    the custodian (the nominal owner) until the minor reaches the age of trust ...

  • Series 26 Study Guide - Mutual Fund Accounts - Opening a New ...

    http://www.investopedia.com/exam-guide/series-26/mutual-fund-accounts/opening-account.asp
    ... Joint; Corporate; Partnership; Fiduciary or Custodial. Individual Accounts An
    individual account has one beneficial owner; this is the only person who can control ...

  • Delving Into Insider Investments

    http://www.investopedia.com/articles/stocks/07/insider-buying-selling.asp
    ... Insiders (executives and beneficial owners) must file what is called a
    Form 4 with the Securities and Exchange Commission (SEC). ...

  • Three Stocks The Insiders Love

    http://stocks.investopedia.com/stock-analysis/2010/Three-Stocks-The-Insiders-Love-TTWO-ERTS-OWW-ITMN0205.aspx
    ... Breathing Easy Warburg Pincus Equity Partners, a beneficial owner of the biotech
    company InterMune (NASDAQ:ITMN), purchased $30 million worth of shares last ...

  • Series 6 Study Guide - Customer Accounts - Classification of ...

    http://www.investopedia.com/exam-guide/finra-series-6/customer-accounts/classification-accounts.asp
    ... Partnership; Fiduciary or Custodial. Individual Accounts An individual account has
    one beneficial owner, who is the only person who can control investments ...

  • Series 6 Study Guide - Customer Accounts - A Closer Look at ...

    http://www.investopedia.com/exam-guide/finra-series-6/customer-accounts/custodial-accounts.asp
    ... individual state law. At that time, the custodian transfers the securities
    to the beneficial owner's individual name. Exam Tips and ...

  • Series 6 Study Guide - Customer Accounts - Service Instructions ...

    http://www.investopedia.com/exam-guide/finra-series-6/customer-accounts/service-instructions.asp
    ... Hold in Street Name: This instruction means securities are registered in the
    broker-dealer's name and held there, with the customer as beneficial owner. ...

  • Are My Investments Insured Against Loss?

    http://www.investopedia.com/articles/stocks/08/SIPC-insurance.asp
    ... The exceptions are as follows: A firm's general partner, officer or director; The
    beneficial owner of at least 5% of any class of a firm's equity security; ...

  • CFA Level 1 Study Guide - Ethics and Standards - Standard VI-B ...

    http://www.investopedia.com/exam-guide/cfa-level-1/ethics-standards/standard-priority-transaction.asp
    Sign In• Register• Free Annual Reports • Free Newsletters. Dictionary;
    Investing; Markets; Personal Finance; Active Trading; Forex; ...

  • Series 26 Study Guide - Recordkeeping Rules - Securities Investors ...

    http://www.investopedia.com/exam-guide/series-26/recordkeeping-rules/securities-investors-protection-act-1970.asp
    ... firm; A member firm or bank acting for itself and not for its customers;
    Beneficial owner of 5% or more equity in the firm; Anyone ...

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