What are proceeds?

Proceeds is a term used to describe the amount that arises as the result of a sale, disposition, deemed disposition (see Deemed dispositions), redemption, acquisition, or cancellation of securities, or an exchange or conversion of property. The term does not mean only cash or money. For the purposes of Regulation 230, it includes all consideration, such as cash, debt obligations, shares, etc. that is paid or payable to the transferor.

Date modified:

2016-01-07