N.Y. Comp. Codes R. & Regs. tit. 9 § 5114.2

Current through Register Vol. 46, No. 45, November 2, 2024

Section 5114.2 - Notification concerning certain new principals of publicly traded holding companies

(a) A video lottery gaming agent shall immediately notify the commission in writing if the video lottery gaming agent becomes aware that, with regard to any publicly traded or private holding company of the video lottery gaming agent or managing agent, any person has acquired:

(1) five percent or more of any class of equity securities;

(2) the ability to control the holding company; or

(3) the ability to elect one or more directors of the holding company.

(b) If any publicly traded holding company of a video lottery gaming agent either files or is served with any Schedule 13D, Schedule 13G or Section 13F filing under the Securities Exchange Act of 1934, copies of any such filing shall be immediately submitted to the commission by the video lottery gaming agent or the publicly traded holding company.

(c) The commission shall undertake any review of the license necessitated by the change.

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5114.2