DEFINITION of 'SEC Form U-R-1'
An informational form that collects personal and business-related data on solicitors. The SEC Form U-R-1 allows the SEC to determine whether the applicants are in compliance with the provisions of SEC Rule 62. The form takes at least five hours to complete and is required of all utility holding company solicitors.
BREAKING DOWN 'SEC Form U-R-1'
Form U-R-1 provides the declarations as to solicitations pursuant to rule 62 under the Public Service Utilities Act of 1935. It became obsolete on February 28, 2007.