Note: This article is part of Morningstar's 2018 Guide to IRAs special report. A version of this article appeared on Oct. 10, 2016. At first blush, the term "pro rata" sounds like the worst type of ...
Markets regulator Sebi on Friday came out with a draft circular to clarify operational aspects of maintaining pro-rata and ...
Whenever pro-rata rights are involved, you can always smell some drama. When a company raises a financing round, new and old investors often battle it out for the largest stake they can get. While ...
In a consultation paper released on Friday, the market regulator seeks to clarify how AIFs should maintain pro-rata rights of ...
Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...