SEC Form 877 (8-M) Irrevocable Appointment of Agent for Service of Process, Pleadings and Other Papers by Corporate Non-resident Broker or Dealer

What Is SEC Form 877 (8-M)?

This is a legal form that was released by the U.S. Securities and Exchange Commission on June 1, 2012 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is SEC Form 877?
A: SEC Form 877 is a form used for the Irrevocable Appointment of Agent for Service of Process, Pleadings and Other Papers by Corporate Non-resident Broker or Dealer.

Q: Who uses SEC Form 877?
A: Corporate non-resident brokers or dealers use SEC Form 877.

Q: What is the purpose of SEC Form 877?
A: The purpose of SEC Form 877 is to appoint an agent who will accept legal documents and other papers on behalf of a corporate non-resident broker or dealer.

Q: What does 'Irrevocable' mean in relation to SEC Form 877?
A: 'Irrevocable' means that the appointment of the agent cannot be changed or revoked once it is submitted.

Q: What is the role of the agent appointed in SEC Form 877?
A: The agent appointed in SEC Form 877 will receive legal documents, pleadings, and other papers on behalf of the corporate non-resident broker or dealer.

Q: Is it mandatory for corporate non-resident brokers or dealers to file SEC Form 877?
A: Yes, it is mandatory for corporate non-resident brokers or dealers to file SEC Form 877.