Restricted Issues

Ukrainian translation: Обмежені випуски

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:restricted issues
Ukrainian translation:Обмежені випуски
Entered by: Vladyslav Golovaty

11:55 May 10, 2021
English to Ukrainian translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: Restricted Issues
New Issues
Pursuant to certain rules of FINRA ('‘New Issue Rules'’), members of FINRA are permitted to sell to the Partnership certain publicly-offered securities (“Restricted Issues”) only if the Capital Accounts of Partners connected with the securities industry or executive officers or directors of investment banking clients of underwriters (“Restricted Capital Accounts”) are limited as to their beneficial interest in such Restricted Issues in accordance with the provisions of the New Issue Rules. Notwithstanding the provisions of Section 3.4, if the Partnership chooses to invest in Restricted Issues, the Partnership shall not allocate any items of income, gain, loss, deduction and credit that relate to investments in Restricted Issues to Restricted Capital Accounts except to the extent permitted by the New Issue Rules, and shall instead allocate such items among the other Capital Accounts on a pro rata basis. To the extent the New Issue Rules permit certain Persons with Restricted Capital Accounts to particípate in profits and losses from Restricted issues, the General Partner shall allocate such profits and losses from Restricted Issues among such Restricted Capital Accounts on a pro rata basis or on such other basis that the General Partner reasonably determines ensures compliance with the New Issue Rules. With respect to the Limited Partners, allocations may be determined on a Capital Sub- Account-by-Capital Sub-Account basis. To the extent consistent with the New Issue Rules, the General Partner shall determine when all Capital Accounts may participate in the net profit and net loss from any Restricted Issue. The General Partner shall value any Restricted Issue at such time at the then-current price of the security in the secondary market.
Olena Kushnerenko
Ukraine
Local time: 22:40
Обмежені випуски
Explanation:
https://tinyurl.com/569auh9e

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Note added at 361 days (2022-05-06 14:52:59 GMT) Post-grading
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Щиро дякую, Олено!
Selected response from:

Vladyslav Golovaty
Ukraine
Local time: 23:40
Grading comment
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4 KudoZ points were awarded for this answer



Summary of answers provided
3Обмежені випуски
Vladyslav Golovaty


  

Answers


6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Обмежені випуски


Explanation:
https://tinyurl.com/569auh9e

--------------------------------------------------
Note added at 361 days (2022-05-06 14:52:59 GMT) Post-grading
--------------------------------------------------

Щиро дякую, Олено!

Vladyslav Golovaty
Ukraine
Local time: 23:40
Native speaker of: Native in EnglishEnglish, Native in RussianRussian
PRO pts in category: 16
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