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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549OMB Number:32350287Estimated average understatement OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer
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Notional units refer to a standard measurement used in financial contexts to represent a hypothetical amount of an asset, security, or transaction that is used to calculate liabilities, risks, or financial reports.
Entities that engage in financial transactions involving derivatives or any other type of financial instruments where notional amounts are applicable are required to file notional units.
To fill out notional units, one must provide the total amount of each type of transaction, specify the relevant instruments or contracts, and ensure accurate reporting according to regulatory guidelines.
The purpose of notional units is to provide a standardized measure for assessing the size and risk associated with financial transactions, helping in risk management and regulatory compliance.
Individuals are required to report total notional amounts, the types of financial instruments involved, transaction dates, and counterparties involved in the transactions.
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