48-Hour Rule: PSA Unifor Practices requirement that all pool information in a to be announced (T.B.A.) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48 hours prior to the agreed-upon trade date.

 

Related Words

48-Hour Rule: PSA Unifor Practices requirement that all pool information in a to be announced (T.B.A.) transaction be communicated by the seller to the buyer before 3 p.m. EST on the business day 48 hours . . . View Full Definition

Rule 144: Restricts solicitation of buyers to complete the sell order of an insider (unless the firm is already a buyer); signified by a flashing 'E' on Quotron.

Rule 14-D: Often used in risk arbitrage. Regulations and restrictions covering public tender offers and related disclosure requirements.

Rule 144a: SEC rule allowing qualified institutional buyers to buy and trade unregistered securities.

Rule 13-D: Often used in risk arbitrage. Requirement under Section 13-d of the Securities Act of 1934 that a form must be filed with the SEC within ten business days of acquiring direct or beneficial o . . . View Full Definition

Rule 405: NYSE codification of 'know your customer' rules, which require that a customer's situation is suitable for any investment being made.

Rule Of 72: A formula used to determine the amount of time it will take for invested money to double at a given compound interest rate, which is 72 divided by the interest rate.

Rule 415: Permits corporations to file a registration for securities they intend to issue in the future when market conditions are favorable. See: Shelf registration.

Prudent-Man Rule: A common law standard against which those investing the money of others (fiduciaries) are judged.

Prudent Man Rule: The prudent man rule is the basic standard a fiduciary, who is responsible for other people’s money, must meet. It mandates acting as a thoughtful and careful person would, given a particula . . . View Full Definition