Wis. Admin. Code Ethics Commission ETH 15.06

Current through November 25, 2024
Section ETH 15.06 - Interests held for benefit of another

Economic interests held in the name of a bank, broker-dealer, trustee, or nominee for the account of a person are owned by the person for whose benefit they are held. A person owns economic interests held in the name of another person or entity if by reason of any contract, understanding, relationship, including a family relationship or arrangement, such person obtains therefrom benefits substantially equivalent to those of ownership.

Wis. Admin. Code Ethics Commission ETH 15.06

Renumbered from GAB 15.06, Register June 2016 No. 726, eff. 7/1/2016.