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NAIL and PIA Form Task Force to Explore Unification February 23, 2012, Press release from PIA and NAIL At a meeting held prior to the Vision 3 conference a group of industry leaders convened to explore
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NAPL stands for Net Asset Position Limit and PIA stands for Personal Information Authorization form.
Individuals with significant net asset positions are required to file NAPL form and individuals providing personal information for authorization are required to file PIA form.
NAPL form can be filled out by providing accurate information about the net asset position and PIA form can be filled out by providing required personal information for authorization.
The purpose of NAPL form is to monitor and limit excessive net asset positions, while the purpose of PIA form is to authorize the use of personal information.
NAPL form requires reporting of net asset position details and PIA form requires reporting of personal information for authorization.
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