The BIC exemption, while. intended as a way to allow continuation of the broker-dealer/registered representative model for providing. investment advice, imposes such burdensome terms that it is unworkable in the real world of middle and lower. income retirement investors.
Primary Meanings of fossa. Full Definitions of fossa. 1. the concavity in the head of the scapula that receives the head of the humerus to form the shoulder joint. a deep concavity in the temporal bone at the root of the zygomatic arch that receives the condyle of the mandible.
For the fossa ovalis of the thigh, see saphenous opening. The fossa ovalis is a depression in the right atrium of the heart, at the level of the interatrial septum, the wall between right and left atrium. The fossa ovalis is the remnant of a thin fibrous sheet that covered the foramen ovale during fetal development.t is most distinct above and at the sides of the fossa ovalis; below, it is deficient. A small slit-like valvular opening is occasionally found, at the upper margin of the fossa, leading upward beneath the limbus, into the left atrium; it is the remains of the fetal aperture the foramen ovale between the two atria.