diff --git a/AboutFIBOProd-IncludingReferenceData.rdf b/AboutFIBOProd-IncludingReferenceData.rdf index 2c3ca4160..5a0d3574e 100644 --- a/AboutFIBOProd-IncludingReferenceData.rdf +++ b/AboutFIBOProd-IncludingReferenceData.rdf @@ -26,9 +26,9 @@ This ontology is provided for the convenience of FIBO users. It loads the latest FIBO production ontologies, including reference data but excluding examples, based on the contents of GitHub, rather than those that comprise a specific version, such as a quarterly release. By reference data we mean ISO currency codes and USPS individuals in FND, juridictions and governments in BE, regulatory agencies and related financial services entities as well as business centers and MIC codes in FBC, FpML interest rates in IND, CFI codes in SEC (incomplete but planned for extension in subsequent releases), and so forth. Note that metadata files and other 'load' files, such as the various domain-specific 'all' files, are intentionally excluded. 2018-03-31T18:00:00 https://opensource.org/licenses/MIT - 2023-09-22T18:00:00 - Copyright (c) 2013-2023 EDM Council, Inc. - Copyright (c) 2013-2023 Object Management Group, Inc. + 2024-06-28T18:00:00 + Copyright (c) 2013-2024 EDM Council, Inc. + Copyright (c) 2013-2024 Object Management Group, Inc. https://spec.edmcouncil.org/fibo/ - + @@ -282,6 +282,7 @@ + @@ -293,7 +294,7 @@ - + diff --git a/BE/OwnershipAndControl/OwnershipParties.rdf b/BE/OwnershipAndControl/OwnershipParties.rdf index 983693290..fc169d9ee 100644 --- a/BE/OwnershipAndControl/OwnershipParties.rdf +++ b/BE/OwnershipAndControl/OwnershipParties.rdf @@ -76,6 +76,7 @@ The https://spec.edmcouncil.org/fibo/ontology/BE/20230101/OwnershipAndControl/OwnershipParties.rdf version of this ontology was modified to use the Commons Ontology Library (Commons) rather than the OMG's Languages, Countries and Codes (LCC) and to eliminate redundancies in FIBO as appropriate. The https://spec.edmcouncil.org/fibo/ontology/BE/20230301/OwnershipAndControl/OwnershipParties.rdf version of this ontology was modified to replace concepts from several FIBO FND ontologies with their counterparts added to the Commons Ontology Library (Commons) v1.1 and clean up a few definitions. The https://spec.edmcouncil.org/fibo/ontology/BE/20231201/OwnershipAndControl/OwnershipParties.rdf version of this ontology was modified to replace additional concepts from FIBO FND with their counterparts added to the Commons Ontology Library (Commons) v1.1. + The https://spec.edmcouncil.org/fibo/ontology/BE/20240101/OwnershipAndControl/OwnershipParties.rdf version of this ontology was modified to add a parent class of contract party to the definition of investory (SEC-113). Copyright (c) 2013-2024 EDM Council, Inc. Copyright (c) 2013-2024 Object Management Group, Inc. @@ -221,6 +222,7 @@ + diff --git a/SEC/AllSEC-NorthAmerica.rdf b/SEC/AllSEC-NorthAmerica.rdf new file mode 100644 index 000000000..4c0de9053 --- /dev/null +++ b/SEC/AllSEC-NorthAmerica.rdf @@ -0,0 +1,66 @@ + + + + + + + + + + + +]> + + + + all SEC, North American Extension + The FIBO Securities (SEC) domain provides a model of concepts that are common to financial instruments that are also securities, including but not limited to exchange-traded securities. High-level concepts relevant to securities classification, identification, issuance, and registration of securities generally are covered, as well as additional detail for equities, debt instruments, and funds. More details defining derivatives in particular are covered in a separate derivatives domain area. + Adaptive, Inc. + BIAN + Bloomberg LP + Citigroup + Credit Suisse + Dassault Systemes / No Magic + Deutsche Bank + Exprentis + Federated Knowledge LLC + Goldman Sachs + HP Enterprise / Mphasis + John F. Gemski + John F. Tierney + Mizuho + Nordea Bank AB + Office of Financial Research (US Dept of the Treasury) + Quarule + State Street Bank and Trust + Statistics Canada + Tahoe Blue Ltd + Thematix Partners LLC + Wells Fargo Bank, N.A. + agnos.ai U.K. Ltd + 2024-06-07T18:00:00 + https://opensource.org/licenses/MIT + 2024-06-07T18:00:00 + EDMC Financial Industry Business Ontology (FIBO) Securities (SEC) Domain, North American Extension + + + + + + Copyright (c) 2024 EDM Council, Inc. + Copyright (c) 2024 Object Management Group, Inc. + The 'all' ontology for the North American Extension of SEC is provided for convenience for FIBO users. This ontology does not add new assertions, but imports most of the Production (Released) ontologies that comprise the FIBO Foundations (FND), Business Entities (BE), Financial Business and Commerce (FBC), and Indices and Indicators (IND) domains, including all of FND but excluding individuals for European governments and jurisdictions, financial services and regulatory organizations and related registries, as well as the related LCC region-specific ontologies. + + + \ No newline at end of file diff --git a/SEC/AllSEC-ReferenceIndividuals.rdf b/SEC/AllSEC-ReferenceIndividuals.rdf index 9776441fd..c55dbe6e7 100644 --- a/SEC/AllSEC-ReferenceIndividuals.rdf +++ b/SEC/AllSEC-ReferenceIndividuals.rdf @@ -53,16 +53,16 @@ agnos.ai U.K. Ltd 2018-03-31T18:00:00 http://opensource.org/licenses/MIT - 2023-02-03T18:00:00 + 2024-06-28T18:00:00 EDMC Financial Industry Business Ontology (FIBO) Securities (SEC) Domain with Reference Individuals - + - - Copyright (c) 2018-2023 EDM Council, Inc. - Copyright (c) 2018-2023 Object Management Group, Inc. + + Copyright (c) 2018-2024 EDM Council, Inc. + Copyright (c) 2018-2024 Object Management Group, Inc. The 'all' ontology for SEC is provided for convenience for FIBO users. This ontology does not add new assertions, but imports all of the Production (Released) ontologies that comprise the FIBO Foundations (FND), Business Entities (BE), Financial Business and Commerce (FBC), Indices and Indicators (IND), and Securities (SEC) domains, including all individuals. diff --git a/SEC/Securities/MetadataSECSecurities.rdf b/SEC/Securities/MetadataSECSecurities.rdf index 6ac9d7f79..e3182b8ba 100644 --- a/SEC/Securities/MetadataSECSecurities.rdf +++ b/SEC/Securities/MetadataSECSecurities.rdf @@ -25,13 +25,13 @@ Metadata about the EDMC-FIBO Securities (SEC), Securities Module The SEC Securities Module covers basic information that are common to many securities, including classification schemes, parametric schedules, and common identification, issuance, listing, and restriction-specific concepts. This ontology provides metadata about the Securities module and its contents. 2018-03-31T18:00:00 - http://opensource.org/licenses/MIT - 2023-02-03T18:00:00 + https://opensource.org/licenses/MIT + 2024-06-07T18:00:00 - - Copyright (c) 2018-2023 EDM Council, Inc. - Copyright (c) 2018-2023 Object Management Group, Inc. + + Copyright (c) 2018-2024 EDM Council, Inc. + Copyright (c) 2018-2024 Object Management Group, Inc. @@ -62,6 +62,7 @@ Wells Fargo Bank, N.A. agnos.ai U.K. Ltd + @@ -71,12 +72,12 @@ - http://opensource.org/licenses/MIT + https://opensource.org/licenses/MIT FIBO SEC Securities Module Financial Industry Business Ontology (FIBO) Securities and Equities (SEC) Securities Module - Copyright (c) 2018-2023 EDM Council, Inc. - Copyright (c) 2018-2023 Object Management Group, Inc. + Copyright (c) 2018-2024 EDM Council, Inc. + Copyright (c) 2018-2024 Object Management Group, Inc. \ No newline at end of file diff --git a/SEC/Securities/NorthAmericanSecurities/USSecuritiesRestrictions.rdf b/SEC/Securities/NorthAmericanSecurities/USSecuritiesRestrictions.rdf new file mode 100644 index 000000000..7270de60a --- /dev/null +++ b/SEC/Securities/NorthAmericanSecurities/USSecuritiesRestrictions.rdf @@ -0,0 +1,224 @@ + + + + + + + + + + + + + + + + + + + +]> + + + + US Securities Restrictions Ontology + This ontology defines the concepts related to restrictions issued by the US Securities Exchange Commission and other US regulatory agencies on finanicial instruments, securities and listings. + https://opensource.org/licenses/MIT + + + + + + + + + + + + + + Copyright (c) 2024 EDM Council, Inc. + Copyright (c) 2024 Object Management Group, Inc. + + + + + + + + + 0 + + + blue sky law + state-level securities regulation, designed to protect investors against securities fraud that require issuers to be registered and to disclose details of their offerings + This allows investors to base their judgments on trustworthy data. + Blue sky law is modeled as a class, rather than as a named individual, because there are numerous state-specific laws that qualify as blue sky laws that could be added to support state-specific definitions and other analyses. + + + + + Regulation D + + securities regulation defining an exemption through which corporations do not have to register their securities and usually do not have to file reports with the SEC + Regulation D is defined in the US Code of Federal Regulations (CFR) Title 17, Chapter II, Part 230, clauses 501-508. See https://www.ecfr.gov/current/title-17/chapter-II/part-230?toc=1 for the actual text of the regulation. + Issuers must file what's known as a 'Form D' after they first sell their securities if they qualify for registration under Regulation D. + + + + + + + + Regulation S + + securities regulation defining an exemption through which corporations can issue unregistered securities to qualified foreign investors and foreign institutions + Regulation S is defined in the US Code of Federal Regulations (CFR) Title 17, Chapter II, Part 230, clauses 901-905. See https://www.ecfr.gov/current/title-17/chapter-II/part-230?toc=1 for the actual text of the regulation. + Regulation S covers rules governing offers and sales made outside the United States without registration under the Securities Act of 1933. Created in 1990, this regulation was intended to encourage foreign investors to purchase American stocks in order to increase the liquidity of American markets. + + + + + + + + + + + + Rule 144A + + securities regulation that allows investors to resell privately placed securities to qualified institutional buyers (QIBs) under certain conditions + Rule 144A is defined in the US Code of Federal Regulations (CFR) Title 17, Chapter II, Part 230, clause 144A - Private resales of securities to institutions. See https://www.ecfr.gov/current/title-17/chapter-II/part-230?toc=1 for the actual text of the regulation. + QIBs are institutional investors with at least $100 million invested in securities. Rule 144A provides an exemption from SEC registration for these resales. + Rule 144 section A is a Securities & Exchange Commission rule that establishes specific criteria for determining whether a person is not engaged in a distribution and creates a safe harbor from the Section 2(a)(11) definition of 'underwriter'. It modifies holding period requirements on privately placed securities to permit qualified institutional buyers to trade these positions among themselves. + + + + + + SEC Exemption 3(c)(7) + securities regulation that is a provision under the Investment Company Act of 1940 that allows certain privately offered funds to operate without registering with the SEC + https://www.sec.gov/divisions/investment/guidance/private-fund-adviser-resources + Funds that meet the requirements of exemption 3(c)(7) are not required to register with the SEC or provide ongoing disclosure. They are also exempt from issuing a prospectus that would outline investment positions. To qualify for the exemption, a private investment company must demonstrate that it has no plans of making an initial public offering (IPO), and its investors must be qualified purchasers. Qualified purchasers include individuals or family-owned businesses with at least $5 million in investments, trusts managed by qualified purchasers, and entities solely owned by qualified purchasers. + + + + + + SEC Rule 15c3-3 + securities regulation that applies to broker-dealers registered under section 15(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78o(b)), or that are security-based swap dealers or major security-based swap participants under section 15F(b) of the Act (15 U.S.C. 78o-10(b)), requiring them to maintain reserve accounts to protect customer funds, segregate customer securities in custody accounts, and if a security sold long has not been delivered within 10 business days after the settlement date, requires them to either buy the customer in, or apply for and receive an extension from its designated examining authority + https://www.finra.org/rules-guidance/guidance/interpretations-financial-operational-rules/sea-rule-15c3-3-and-related-interpretations + + + + + + + SEC Rule 201 + securities regulation that is part of Regulation SHO that is a circuit breaker limiting short sales to prevent them from causing a security's price to drop further after a significant decline + https://www.sec.gov/divisions/marketreg/rule201faq.htm + On February 26, 2010, the Commission adopted Rule 201 of Regulation SHO. Rule 201 restricts the price at which short sales may be effected when a stock has experienced significant downward price pressure. Rule 201 became effective on May 10, 2010. (Securities Exchange Act Release No. 61595 (Feb. 26, 2010), 75 FR 11232 (Mar. 10, 2010) ('Rule 201 Adopting Release')). Compliance with the new rule is required as of February 28, 2011. (Securities Exchange Act Release No. 63247 (Nov. 4, 2010), 75 FR 68702 (Nov. 9, 2010)). + The Securities and Exchange Commission (SEC) short sale alternative uptick rule (Rule 201) requires the establishment of a short sale-related circuit breaker in the event a security's price decreases by ten percent or more from the previous day's closing price. Once activated, the short sale restriction will remain in effect for the remainder of the day as well as the following day. Values are A - 'Flag in Effect/Activated', C - 'Flag Continued' and N - 'Flag Not in Effect'. If not given the default is 'N - Flag Not in Effect'. When a stock is triggered, traders can only execute short sales of the stock above the National Best Bid (NBB) price. + alternative uptick rule + + + + + + TEFRA C rule + securities regulation that is a U.S. Treasury Regulation §1.163-5(c)(2)(i)(C), or any successor regulation, established under the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), that relates to the classification of debt obligations as either 'bearer' or 'registered' for U.S. tax purposes and ensures that an issue of bearer debt satisfied 'reasonable arrangement' requirements + https://www.lawinsider.com/dictionary/tefra-c-rules + TEFRA C is used only if all parties are comfortable that there is no intention to place any of the securities in the U.S. and that it is unlikely that there will be any interest in the U.S. in such securities. + + + + + + TEFRA D rule + securities regulation that is a U.S. Treasury Regulation §1.163-5(c)(2)(i)(D), or any successor regulation, established under the Tax Equity and Fiscal Responsibility Act of 1982 (TEFRA), that relates to the classification of debt obligations as either 'bearer' or 'registered' for U.S. tax purposes, applies to most straightforward issues of bearer debt in the Euromarkets, and ensures that an issue of bearer debt satisfied 'reasonable arrangement' requirements + https://www.lexisnexis.co.uk/legal/guidance/us-regulation-of-debt-capital-markets-one-minute-guide + TEFRA D provides for a restricted period of 40 days from the closing date of the issue and requires that certification of non-U.S. beneficial ownership be obtained before definitive securities can be issued or interest paid to security holders. + + + + + is Employee Retirement Income Security Act conformant + + + + + + + + + + + + indicates whether the security conforms to the Employee Retirement Income Security Act (ERISA) of 1974, a federal outline for regulating employee benefit plans, including healthcare plans sponsored and/or insured by an employer + U.S. Code Title 29, Chapter 18, Subchapter I, § 1002 provides definitions related to employee benefit plans. Specifically, this section outlines the terms used in ERISA, including definitions for various types of plans such as employee welfare benefit plans, employee pension benefit plans, and others. See https://www.law.cornell.edu/uscode/text/29/1002. + The Employee Retirement Income Security Act (ERISA) is a federal law that establishes standards for certain employer-sponsored retirement and health plans. It has undergone several changes since its initial enactment in 1974. ERISA aims to protect individuals participating in these plans by prohibiting fiduciaries from misusing funds and setting standards for participation, benefit accrual, vesting, and funding of retirement plans + + + + is Federal Deposit Insurance Corporation insured + + + + indicates whether the security is covered by Federal Deposit Insurance Corporation (FDIC) insurance + FDIC coverage extends to Certificates of Deposit (CDs) and Money Market Accounts (MMAs) held at FDIC-insured institutions up to $250,000 per account. + Note that this property applies to the account rather than to the associated instrument that, if it exists, exemplifies the account. + + + + is subject to Federal Reserve Board Regulation T + + + + indicates whether a given cash or margin account is subject to Federal Reserve Board (FRB) margin requirements + Federal Reserve Board (FRB) Regulation T governs the extension of credit by securities brokers and dealers in the United States. Its best-known function is the control of margin requirements for stocks bought on margin. Regulation T gives an investor a maximum of four business days to pay for securities purchased in a cash or margin account. If payment due exceeds $1,000 and is not received by the end of this time period, the broker-dealer must either liquidate the position or apply for and receive an extensionfrom its designated examining authority, such as FINRA. + Note that this property applies to the account, which may be a ledger account. + + + + + + + + + + + + + + + + + + + + + + + + + \ No newline at end of file diff --git a/SEC/Securities/SecuritiesRestrictions.rdf b/SEC/Securities/SecuritiesRestrictions.rdf index 48d352aa7..bffddbbf2 100644 --- a/SEC/Securities/SecuritiesRestrictions.rdf +++ b/SEC/Securities/SecuritiesRestrictions.rdf @@ -2,28 +2,21 @@ + - - - - - - - - @@ -33,28 +26,21 @@ Securities Restrictions Ontology This ontology defines the concepts related to restrictions on finanicial instruments, securities and listings. https://opensource.org/licenses/MIT - - - - - - - @@ -85,8 +64,8 @@ + - The https://spec.edmcouncil.org/fibo/ontology/SEC/20180801/Securities/SecuritiesRestrictions.rdf version of the ontology was modified to simplify the hierarchy with respect to regulatory requirements and eliminate deprecated elements. The https://spec.edmcouncil.org/fibo/ontology/SEC/20180901/Securities/SecuritiesRestrictions.rdf version of the ontology was modified to reflect the change in representation of a listing. @@ -98,6 +77,7 @@ The https://spec.edmcouncil.org/fibo/ontology/SEC/20230301/Securities/SecuritiesRestrictions.rdf version of this ontology was revised to reuse the representation of institutions based on their definitions in the law. The https://spec.edmcouncil.org/fibo/ontology/SEC/20230401/Securities/SecuritiesRestrictions.rdf version of the ontology was modified to eliminate deprecations that are more than 6 months old. The https://spec.edmcouncil.org/fibo/ontology/SEC/20231101/Securities/SecuritiesRestrictions.rdf version of the ontology was modified to replace content that is now available in the OMG Commons Ontology Library (Commons) v1.1 (FND-380). + The https://spec.edmcouncil.org/fibo/ontology/SEC/20240101/Securities/SecuritiesRestrictions.rdf version of the ontology was modified to add a definition for institutional investor and move jurisdiction-specific definitions to new ontologies for those jurisdictions (SEC-113). Copyright (c) 2016-2024 EDM Council, Inc. Copyright (c) 2018-2024 Object Management Group, Inc. @@ -124,10 +104,7 @@ - - Blue-Sky law - securities regulation passed by various states, designed to protect investors against securities fraud by requiring sellers of new issues to register their offerings and provide financial details - This allows investors to base their judgments on trustworthy data. + true @@ -155,6 +132,20 @@ investor that is a person, rather than an organization, who may or may not be considered a qualified investor from a legal perspective + + + + + + + + + institutional investor + + investor that pools money to purchase securities, real property, and other investment assets or originates loans + Institutional investors typically buy, sell, and manage stocks, bonds, and other investment securities on behalf of its clients, customers, members, or shareholders. These include endowment funds, commercial banks, mutual funds, hedge funds, pension funds, and insurance companies. Institutional investors are able to invest in riskier securities and ventures than average investors because they are more sophisticated with respect to their investment methodologies. + + investors' domicile restriction @@ -181,40 +172,11 @@ - - - - - - - - - - Regulation S - - - securities regulation defining an exemption through which corporations can issue unregistered securities to qualified foreign investors and foreign institutions - Regulation S covers rules governing offers and sales made outside the United States without registration under the Securities Act of 1933. Created in 1990, this regulation was intended to encourage foreign investors to purchase American stocks in order to increase the liquidity of American markets. + true - - - - - - - - - - - - - - Restriction 144-A - - - Securities & Exchange Commission rule that establishes specific criteria for determining whether a person is not engaged in a distribution and creates a safe harbor from the Section 2(a)(11) definition of 'underwriter'; section A modifies holding period requirements on privately placed securities to permit qualified institutional buyers to trade these positions among themselves + true @@ -287,18 +249,14 @@ - + has restriction identifies a restriction applicable to a given financial instrument or listing - is not cleared in - - - identifies a country subdivision, such as a US state or territory, where an issue is NOT cleared under Blue Sky Restrictions - This requires review -- shouldn't this be a ternary relation between the regulation, the security and the location? + true \ No newline at end of file diff --git a/catalog-v001.xml b/catalog-v001.xml index d3e049b57..83dc7e254 100644 --- a/catalog-v001.xml +++ b/catalog-v001.xml @@ -275,7 +275,8 @@ - + +