CI Surevest Restricted List
The securities listed below are currently on the Surevest Restricted Trading List. Access Persons may not buy or sell any security listed below.
|Company Name||Ticker Symbol||Date Placed on the List|
Frequently Asked Questions
Who is an Access Person?
“Access Persons” are all employees (whether W-2 or 1099), directors, officers, partners or members of Surevest, as the case may be, who (i) have access to nonpublic information regarding Advisory Client purchases or sales of securities; (ii) are involved in making securities recommendations to Advisory Clients; (iii) have access to nonpublic recommendations or portfolio holdings of Advisory Clients; (iv) all of Surevest’s directors, officers, members and advisory representatives. Client services personnel who regularly communicate with Advisory Clients may also be deemed to be Access Persons.
What is a Restricted List?
A “Restricted List” is a list of securities that a firm’s employees are prohibited from buying or selling, either themselves or via any other person or third party.
When are stocks placed on a restricted list?
Stocks of an issuer are placed on the Restricted Trading List when either:
A material transaction in which the firm is involved in has been generally disclosed and the firm is in possession of, or may obtain, material, non-public information concerning the securities issuer (thus putting it in the position of someone capable of insider trading); or
The firm is engaged with the company on non-public activity, such as mergers and acquisitions work, affiliate ownership, or underwriting activities or other distribution of the issuer’s (the company’s) securities.