Αποτελέσματα Αναζήτησης
The Securities and Exchange Commission adopted amendments to Rule 105 of Regulation M to further safeguard the integrity of the capital raising process and protect issuers from manipulative activity that can reduce issuers' offering proceeds and dilute security holder value.
The Enforcement Division of the U.S. Securities and Exchange Commission (“SEC”) continued its “Rule 105 initiative” this year, culminating in settlements with six firms that total more than $2.5 million in monetary sanctions, in addition to other sanctions.
3 Μαρ 2023 · Rule 105 states that absent an exception, if an investor has shorted securities of the offered class during a defined “restricted period” before the offering is priced, the investor may not purchase securities in the offering from a participating underwriter, broker or dealer.
15 Ιουν 2023 · On June 7, 2023, the U.S. Securities and Exchange Commission (SEC) unanimously voted to amend Regulation M to eliminate the current “investment grade exceptions” to Rules 101 and 102 and replace them with exceptions that use alternate standards of creditworthiness that are not based on credit ratings, as mandated by Section 939A of the Dodd-Fran...
SEC’s Latest Amendments to Regulation M. Reg M’s New Record-Keeping Obligations and FINRA Reporting Obligations. Impact on Broker-Dealers and Related Considerations. Practical Considerations and Related Market Developments. Regulation M Overview and Rules 101 and 102.
17 Ιουλ 2013 · Rule 105 is a “strict liability” rule and applies irrespective of any intent by a short seller to violate Rule 105 (although a lack of such intent may serve as a mitigating factor to reduce the extent of the civil penalty that is imposed).
10 Αυγ 2007 · Paragraph (a) of this section shall not prohibit the purchase of the offered security in an account of a person where such person sold short during the Rule 105 restricted period in a separate account, if decisions regarding securities transactions for each account are made separately and without coordination of trading or cooperation among or ...
