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Article NO. Content

Title:

Securities and Exchange Act Enforcement Rules  CH

Amended Date: 2012.11.23 
Article 10     The term "the interval between two such transfers is less than 3 months" referred to in Article 150, paragraph 3 of the Act shall be construed in accordance with the following definitions:
  1. Each direct sale and purchase between the private parties shall be separately counted as one act.
  2. The date of transfer shall be determined by the date the act of transfer takes place. In case this cannot be shown, the date of transfer shall be based on the date the transferee files the request with the company to amend the shareholders registry.