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OMB Approval No. 32450331 Expiration Date: xx/xx/xxxxINDIVIDUAL Informational person owning more than 10% of the applicant firm and each director, management member, partner, and officer of the applicant
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Each person owning more is defined as an individual or entity that has ownership of a greater share or stake in a particular asset, property, or business than others.
The person or entity who owns more than others and meets the criteria set by the regulatory authorities is required to file each person owning more.
Each person owning more must fill out the required forms or documents provided by the relevant authorities, ensuring all necessary information is accurately reported.
The purpose of each person owning more is to ensure transparency and accountability in ownership structures, allowing regulatory authorities to monitor and regulate the distribution of ownership in different assets or businesses.
Information such as the identity of the owner, the percentage of ownership, the nature of the ownership interest, and any relevant financial information must be reported on each person owning more.
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