exemptive

exemptive

(ɪɡˈzɛmptɪv)
adj
(Law) tending to bring about exemption; providing exemption, esp in law
References in periodicals archive ?
OOK Advisors Receives the SEC's Notice of Exemptive Relief
The purchase is subject to certain closing conditions, including approval by the Securities and Exchange Commission of any exemptive relief for PSE to own more than 20 percent of an exchange alongside the approval of other relevant regulatory agencies pursuant to law.
In an interview, SEC Chairperson Teresita Herbosa said she's positive that the Commission will finally decide on PSE's request of exemptive relief for its acquisition of structure of ownership in PDS.
M2 EQUITYBITES-December 3, 2014-SEC grants exemptive relief to permit offering of exchange-traded managed funds
Transeuro" or the "Company") announces that further to its press release dated October 10, 2012, it will no longer be proceeding with its proposed shelf prospectus and exemptive relief application in connection with the Share Purchase Agreement (the "SPA") with YA Global Master Fund SPV Ltd.
In the June 10th statement, the funds announced they had sought temporary exemptive relief from Section 18 of the Investment Company Act of 1940 ('40 Act) from the Securities and Exchange Commission (SEC).
Instead of having a merger of equals-the route preferred by the government and one that would not require exemptive relief-the PSE's plan was to buy out all other shareholders to gain 100 percent control of the unified entity.
In addition the Company is still seeking approval from the ASC for exemptive relief from certain prospectus requirements in connection with the SPA.
The funds have sought temporary exemptive relief from Section 18 of the Investment Company Act of 1940 ('40 Act) from the Securities and Exchange Commission (SEC).
Such exemptive relief is a precondition to the closing of a deal to raise the PSE's interest in Philippine Dealing System Holdings Corp.
He has substantial experience structuring complex ETF products, including actively managed, affiliated index and commodity-based ETFs, and has helped his clients obtain various types of cutting-edge SEC exemptive relief that have since become industry standard.
Securities and Exchange Commission for an exemptive order enabling the funds, for a transitional period, to maintain 200% asset coverage with respect to debt leverage that is used to redeem preferred stock, rather than the 300% required by the Act.