Affiliated Purchaser Law and Legal Definition
An affiliated purchaser includes persons acting in concert with an issuer, distribution participant, or selling security holder for the purpose of acquiring or distributing covered security. An affiliated purchaser also includes a distribution participant's, issuer's, or selling security holder's affiliate that controls the purchases of any covered security by a distribution participant, issuer, or selling security holder, whose purchases are controlled by any such person, or whose purchases are under common control with any such person. The term also signifies a distribution participant's, issuer's or selling security holder's affiliate that regularly purchases securities for its own account or the accounts of others, or that recommends or exercises investment discretion for the buying and selling of securities. The term affiliated purchaser normally cover a parent company of the issuer as well as officers and directors having responsibility for the issuer’s purchases.
Legal Definition list
- Affiliated Persons (Securities)
- Affiliated Group
- Affiliated Company (Gaming Law)
- Affiliated Business Arrangement
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Affiliated Purchaser
- Affiliates
- Affiliation Order
- Affiliation Period (Health Care)
- Affiliation Proceeding
- Affinitas Affinitatis
Related Legal Terms
- Affiliated Business Arrangement
- Affiliated Company (Gaming Law)
- Affiliated Group
- Affiliated Persons (Securities)
- Ammonium Nitrate Purchaser
- Bona Fide Purchaser
- Bona Fide Purchaser for Value
- Dog Purchaser Protection Act
- First Purchaser
- Group Officially Affiliated with any Other Title 36 Youth Group [Education]