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Get The Obo/nobo Distinction

P with the assistance of Rebecca M. Tabb of that firm February 2010 This white paper was commissioned by the Council of Institutional Investors to educate its members, policymakers and the general public about the OBO/NOBO distinction in beneficial ownership and the implications for investors of potential changes to that system. The views and opinions expressed in the paper do not necessarily represent the views or opinions of Council members, board of directors or staff. Contents Executive S.

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How to fill out the The OBO/NOBO Distinction online

This guide provides a step-by-step approach to filling out the The OBO/NOBO Distinction form online. Designed for user-friendliness, it aims to assist all individuals, regardless of their legal expertise, in completing the form accurately and efficiently.

Follow the steps to successfully complete the form.

  1. Press the ‘Get Form’ button to access the The OBO/NOBO Distinction form and open it in the designated digital environment.
  2. Begin with the first section: Provide your name and contact information. Ensure accuracy as this will be your official identifier.
  3. Next, indicate your beneficiary status by selecting between the options for objecting beneficial owners (OBO) and non-objecting beneficial owners (NOBO). Read the descriptions carefully to determine your status.
  4. Continue to the next section where you will list your voting preferences related to shareowner communications. Follow the on-screen prompts to detail your choices.
  5. Review the terms and conditions associated with the OBO/NOBO distinction carefully. Acknowledge your understanding of these terms.
  6. Once all relevant sections are filled out, verify all entries for accuracy and completeness.
  7. Save your changes. You may then choose to download the completed form, print it for your records, or share it directly through the available method.

Start completing the OBO/NOBO Distinction form online today.

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The term non-objecting beneficial owner (NOBO) refers to beneficial owners of companies who have permitted their financial institutions to release their personal information to the companies they have invested in.

Per SEC Rules 14b-1 and 14b-2, a NOBO list shows the beneficial owners that do not object to the issuer knowing their name, mailing address and share amount. E-mail addresses and telephone numbers are not included on the list.

A beneficial owner who has allowed his or her name and other personal information to be disclosed to the companies they have invested in.

Beneficial shareholders are broken up into two categories, Objecting Beneficial Owners (OBOs) and Non-Objecting Beneficial Owners (NOBOs). Per SEC Rules 14b-1 & 14b-2, a NOBO list shows the beneficial owners that do not object to the issuer knowing their name, mailing address and share amount.

An objecting beneficial owner (OBO) instructs the financial intermediary who holds the securities to not provide the owner's name and personal information to the company that issued the securities. A non-objecting beneficial owner (NOBO) agrees to allow their personal information to be released to the company.

Registered owners (or record holders) receive a proxy and cast votes directly with the company that issues the shares. Beneficial owners, on the other hand, receive a “voting instruction form” directing their brokerage firm or other financial institution how to vote their shares.

“Beneficially held” means the shareholder gets the direct benefit of owning the shares. “Non-beneficially” held means that the shareholder is holding the share "as trustee for" or "in trust for" a second entity such as a Trust, a company or another individual.

Under financial regulations, a beneficial owner is considered anyone with a stake of 25% or more in a legal entity or corporation. Beneficial owners can also be considered anyone with a significant role in the management or direction of those entities, or any trusts that own 25% or more of an entity.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232