Covered Person Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
ReviewedEvidence1 sourceSectionPhrases & Idioms
Quick answer
Regulation AC defines a covered person of a broker or dealer as an associated person of that broker or dealer, subject to specified exclusions in § 242.500.
Key details
Canonical FormCovered person of a broker or dealer
Core MeaningRegulation AC defines a covered person of a broker or dealer as an associated person of that broker or dealer, subject to specified exclusions in § 242.500.
Further guidance
History Boundary
This page reflects the current reviewed Regulation AC definition and should be rechecked if 17 CFR § 242.500 changes.
Meaning
Regulation AC defines a covered person of a broker or dealer as an associated person of that broker or dealer, subject to specified exclusions in § 242.500.
Usage Boundary
The definition is specific to Regulation AC and should not be substituted for every ordinary-language, employment, or market use of the term.
Sources and evidence
Sources are shown with the role they play in this guide. Historical or style-sensitive claims are kept within the evidence boundary described above.
Foreign Person Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
U.S. Person Under Regulation AC is a current rule-defined or rule-incorporated term. This guide preserves the regulation-specific meaning and boundary instead of replacing it with informal shorthand.
Foreign Security Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
Public Appearance Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
Registered Broker or Dealer Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
Research Analyst Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
Research Report Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
Third Party Research Analyst Under Regulation AC is a current Regulation AC defined term. This guide preserves the rule-specific meaning and boundary instead of replacing it with informal market shorthand.
