Examples of MNPI in a sentence
A company will be placed on the restricted list either at the time the chief operating officer or his/her designee approves a proposed election to receive MNPI or when the compliance team is notified by a covered person that he or she has come into the possession of MNPI.
UC Investments trading desk will be restricted from trading in the portfolios any securities of issuers that are on the restricted list due to MNPI or regulatory reasons.
Covered persons are reminded that breaching regulations concerning MNPI can negatively affect the University's business reputation and can have real, personal consequences, including criminal penalties.UC Investments policy equates MNPI acquired by any covered person while acting in his/her professional capacity or within the scope of his/her employment with UC Investments as belonging to UC Investments itself.
In general, a company will be removed from the restricted list when: • All MNPI possessed by covered persons becomes publicly available; or• Projections, financial ratios, financial statements or other information possessed by covered persons becomes stale.
If a covered person receives MNPI about an issuer from any person this should be promptly reported to the compliance team.