Regulatory Alerts2018-11-06
Frequently Asked Questions on Regularization of Multiple Subscriptions
The Securities and Exchange Commission issued this guidance to resolve investor enquiries regarding shares acquired through multiple public offer subscriptions. The document outlines the identification process for these shares and establishes procedures for claiming accrued dividends. Published as a consolidated set of frequently asked questions, the guidance provides clear operational instructions to facilitate dividend claims for the general investing public.
The Securities and Exchange Commission (”The Commission”) has received enquiries from investors who are interested in (a) identifying shares which they obtained/purchased through multiple subscriptions to public offers and (b) claiming the dividends accruing to such shares. Consequently, The Commission has summarised these enquiries as Frequently Asked Questions (“FAQs”) for the guidance of the general investing public. Click here for FAQ’s