Control Person
/ˈkɒntrəʊl ˈpɜrsən/
Definitions
- (n.) An individual or entity that directly or indirectly has the power to direct or influence the management or policies of a company, especially in securities law contexts.
The control person was required to file disclosures under the securities regulations.
Related terms
See also
Commentary
In securities law, identifying a control person is key for regulatory disclosures and liability; the term often arises in relation to Section 16 and insider trading rules.
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