Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 17 - Commodity and Securities Exchanges |
Chapter II - Securities and Exchange Commission |
Part 250 - Cross-Border Antifraud Law-Enforcement Authority |
Miscellaneous Rules |
§ 250.103 - References and definitions.
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As used in the rules in this part, unless the context indicates otherwise:
(a) The term
Commission means the Securities and Exchange Commission.(b) The term
act means the Public Utility Holding Company Act of 1935.(c) The term
section refers to a section of the act.(d) The term
rule includesrule andregulation, as those words are used in the Act and refers to the rules prescribed by the Commission pursuant to the Act. All forms and instructions thereto shall be deemed rules and regulations adopted by the Commission pursuant to the Act.(e) Any definition of a term contained in the act shall be applicable to such term as used in the rules.
(f) The term
parent orparent company of a specified company means a company of which such specified company is a subsidiary, whether by virtue of direct or indirect ownership or control of securities.(g) The phrase
direct subsidiary of a specified company means a company of which such specified company itself directly owns, controls, or holds with power to vote, 10 percent or more of the outstanding voting securities, and directly owns a greater percentage of such voting securities than are owned by any other company.(h) The phrase “any person having a bona fide interest as used in sections 11(d), 11(f), and 11(g) (49 Stat. 820; 15 U.S.C. 79k), shall, with respect to the reorganization of any company, be deemed to include such company; any creditor or stockholder of such company or any authorized representative thereof; any receiver or trustee of such company; any trustee under an indenture pursuant to which securities of such company are outstanding; any State commission having regulatory jurisdiction over such company; any person authorized to prepare a plan by any court before which a reorganization proceeding is pending; and any other person found by the Commission to have a substantial interest in the reorganization.