ARSD 20:06:04 – Insider Trading of Equity Securities | Midpage

Collections
Administrative Rules of South Dakota

Chapter 20:06:04

ARSD 20:06:04

Insider Trading of Equity Securities

20:06:04:01Definitions.20:06:04:02Securities held of record.20:06:04:03Securities held in trust, deposit agreements.20:06:04:04When beneficial owners are record owners.20:06:04:05Determination of ownership of more than 10 percent of an equity security.20:06:04:06Disclaimer of beneficial ownership.20:06:04:07Exemptions from statements of ownership filings and restrictions on profits.20:06:04:08Profits in estates.20:06:04:09Securities reacquired for account of an insurer.20:06:04:10Exemption of securities purchased or sold by odd lot dealers.20:06:04:11Certain transactions subject to statements of ownership filings.20:06:04:12Ownership of securities held in trust.20:06:04:13Exemptions from statements of ownership filings.20:06:04:14Trust filing requirement.20:06:04:15Trustee report.20:06:04:16Definition of trustee.20:06:04:17Determination of beneficial owner.20:06:04:18Indirect interests.20:06:04:19Prior transactions.20:06:04:20Exemption for small transactions.20:06:04:21Gifts.20:06:04:22First report after transaction.20:06:04:23Exemption from restrictions on profits, transactions which need not be reported under statements of ownership filings.20:06:04:24Exemption from restrictions on profits of certain transactions effected in connection with a distribution.20:06:04:25Exemption from restrictions on profits of acquisitions of shares of stock and stock options under certain stock bonus, stock option, or similar plans.20:06:04:26Participation of officers.20:06:04:27Participation of directors.20:06:04:28Participation of officers who are not directors.20:06:04:29Exclusions of options and equity securities acquired.20:06:04:30Limitations.20:06:04:31Additional definitions.20:06:04:32Exemption from restrictions on profits of certain transactions in which securities are received by redeeming other securities.20:06:04:33Exemption of long-term profits incident to sales within six months of the exercise of an option.20:06:04:34Limitations on profits.20:06:04:35Exemption of plans or agreements of merger.20:06:04:36Excluded.20:06:04:37Establishing market price.20:06:04:38Exemption from restrictions on profits of certain acquisitions and dispositions of securities pursuant to merger or consolidations.20:06:04:39Merger defined.20:06:04:40Availability of exemption.20:06:04:41Exemption from restrictions on profits of certain securities received upon surrender of similar equity securities.20:06:04:42Exemption from restrictions on profits of certain transactions involving an exchange of similar securities.20:06:04:43Exemption of certain securities from insider trading.20:06:04:44Exemption from insider trading of the act of certain transactions effected in connection with a distribution.20:06:04:45Exemption from insider trading of the act of sales of securities to be acquired.20:06:04:46Arbitrage transactions under insider trading.20:06:04:47Approval of forms.