02-06-2013, 05:33 AM
In US securities law, a beneficial owner (as distinct from a "nominee owner," "registered owner," or "record holder"
of a security includes any person who, directly or indirectly, has or shares voting or investment power.
This 13G names JPM as the beneficial owner of over 5% of the total outstanding shares of IOC. I thas nothing to do with any "street name" shares the way Bonk suggest.

