Asked by Regina Orzechowski on Jun 30, 2024

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A(n) ________ is a person who controls, is controlled by, or is in common control with the issuer.

A) affiliate
B) associate
C) partner
D) intervenor
E) trainer

Affiliate

A business enterprise located in one state that is directly or indirectly owned and controlled by a company located in another state. Also called foreign subsidiary.

Issuer

An issuer is an entity that releases securities into the market for investors to purchase, often to raise capital for the entity's operations or projects.

Control

refers to having the power to direct the management and policies of a company, often through the ownership of a majority of shares.

  • Comprehend the regulatory structure governing securities trading, as well as the functions of particular acts and amendments in financial regulation.
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KM
Kayleen MaduroJul 07, 2024
Final Answer :
A
Explanation :
An affiliate is a person or entity that is controlled by, has control over, or is under common control with another entity, typically in the context of business and financial operations. This term is often used in securities law to describe relationships between companies and individuals with significant influence over each other.