May I exercise rights to purchase additional stock or fractional shares of my stock or obligations or the stock or obligations of my affiliates?

CFR · 2024-01-01 · US · Title 12

If the retention of investments in your stock or obligations or the stock or obligations of an affiliate in fiduciary accounts is consistent with applicable law, you may do either of the following: (a) Exercise rights to purchase additional stock (or securities convertible into additional stock) when these rights are offered (b) Purchase fractional shares to complement fractional shares acquired through the exercise of rights or

official document · source cfr-2024 · id 12:§ 150.340