Control securities are owned by an affiliate of the issuing company and are subject to volume restrictions regardless of how they were acquired. This article provides an in-depth look at control securities, including their historical context, key regulations, and relevance in the financial market.
Rule 144 is a regulation under the U.S. Securities Act of 1933 that provides guidelines for the resale of restricted and control securities to promote compliance with securities laws.
Comprehensive overview of SEC Rule 144, including definitions, holding periods, compliance requirements, and implications for the resale of restricted or unregistered securities.
