Holder Response To Choice

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Definition

Holder Response To Choice. Instructions consequent upon notifications. Instruction messages - some of these are responses to notifications.

May be MT 565 related - has consent Yes, consent No, no action, accept shares, accept cash and securities etc. There are also ones that can be initiated by holders (not in this process step) such as puts. These can be presented without a notification previously having been sense. These are the ones we deided not to classify as "Corporate Actions" as these can be initiated by the holder. As such these are an instruction rather than a notification.


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.