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What is a pos ami filing?

Updated: 3/23/2024
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12y ago

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It is a registration statement with the SEC to register securities for sales only under the Investment Companies Act of 1940 (i.e. not under the 33 Act as well). Therefore, such securities can not be sold publicly, but are sold in private placements to certain qualified investors.

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12y ago
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1mo ago

"POS AMI" stands for "Point of Sale Aggregate Merchant Identification Number." It is a unique identifier used by acquiring banks to group and manage multiple merchant accounts under one key identifier. This simplifies reporting and reconciliation processes for merchants who have multiple locations or business entities.

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