proceeds thereform to invest in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or procure for profit by other means.” * Readers should be aware that

(2008), ESMA (2016), Cremers (2017) Holding-based Performance-based Holding-basedActive share Active share Tracking error Pure Indexing Concentrated Stock Picks Diversified Stock Picks Closet Indexing

procure raw materials independently, while also independently selling and distributing their corresponding PTA and PET. The plant is the largest in North America with state of art technology and is a

securities for itself, a securities company shall procure a source for borrowing securities in order to enable delivery of securities in the short sale items within the time period prescribed by the clearing

related person, specify the relationship and the necessity to procure a loan from such person, and clarify whether the terms and conditions of such loan are in line with common business practice; 2.9 in

in the central bank of Iran to be unable to procure adequate amounts of the dollar currency, or be able to execute international financial transaction with the dollar, thus affecting Iran’ s export of

covering risks and the detailed operation concerning the risk management. Clause 3 The securities clearing house shall procure adequate financial resources for potential risks arising from the operation of

procure adequate financial resources for covering potential risks arising from the operation of the derivatives clearing house, including credit risk and liquidity risk. The financial resources shall be

., (2013). - Key dimensions: family involvement in ownership, management and governance. • Conflicts encompassing family-firms. - Distinction from other concentrated-ownership forms. 7 AGENCY PROBLEMS AND

in, or procure for profit from holding in, securities, derivative, or any other properties, or invest in or porcure for profit by other means. (As amended by Section 3 of the Securities and Exchange