$10 Rule Definition | Law Insider (2024)

  • SEC Rule means Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934.

  • Security Rule means the Security Standards for the Protection of Electronic Protected Health Information at 45 C.F.R. part 160 and part 164, subpart A and C.

  • Rule 15c2-12 means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of this Undertaking, including any official interpretations thereof.

  • Xxxxxxx Rule means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder.

  • HIPAA Privacy Rule as defined in 45 CFR Part 164, Subparts A and E.

  • HIPAA Security Rule as defined in 45 CFR Part 164, Subparts A and C;

  • Rule 173 “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • ISO-NE Rules means all rules and procedures adopted by NEPOOL, ISO-NE, or the RTO, and governing wholesale power markets and transmission in New England, as such rules may be amended from time to time, including but not limited to, the ISO-NE Tariff, the ISO-NE Operating Procedures (as defined in the ISO-NE Tariff), the ISO-NE Planning Procedures (as defined in the ISO-NE Tariff), the Transmission Operating Agreement (as defined in the ISO-NE Tariff), the ISO-NE Participants Agreement, the manuals, procedures and business process documents published by ISO-NE via its web site and/or by its e-mail distribution to appropriate NEPOOL participants and/or NEPOOL committees, as amended, superseded or restated from time to time.

  • Rule 17f-7 means Rule 17f-7 promulgated under the 1940 Act.

  • Securities Exchange Act of 1934 means the United States Securities Exchange Act of 1934, as from time to time amended.

  • General Anti-Abuse Rule means (a) the legislation in Part 5 of the Finance Act 2013; and (b) any future legislation introduced into parliament to counteract tax advantages arising from abusive arrangements to avoid national insurance contributions;

  • Treasury guidelines means any guidelines on supply chain management issued by the Minister in terms of section 168 of the Act;

  • Filing-office rule means a rule adopted pursuant to section 400.9-526;

  • EESA means the Emergency Economic Stabilization Act of 2008 as implemented by guidance or regulation issued by the Department of the Treasury and as published in the Federal Register on October 20, 2008.

  • The HIPAA Privacy Rule means the Standards for Privacy of Individually 10 Identifiable Health Information at 45 CFR Part 160 and Part 164, Subparts A and E.

  • (14A) domestic support obligation’ means a

  • Default Rule means a rule stated in the Act which applies except to the extent it may be negated or modified through the provisions of a limited liability company’s Limited Liability Company Agreement.

  • EP Regulations means The Environmental Permitting (England and Wales) Regulations SI 2016 No.1154 and words and expressions used in this permit which are also used in the Regulations have the same meanings as in those Regulations.

  • SEBI Regulations means the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 together with the circulars issued thereunder, including any statutory modification(s) or re-enactment(s) thereof for the time being in force.

  • Rule means Rule 15c2-12(b)(5) adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as the same may be amended from time to time.

  • 1940 Act Rules and Regulations means the rules and regulations of the Commission under the 1940 Act.

  • Rule 158 “Rule 163”, “Rule 164”, “Rule 172”, “Rule 405”, “Rule 415”, “Rule 424”, “Rule 430B” and “Rule 433” refer to such rules under the Act.

  • CFTC Regulations means the rules and regulations promulgated by the CFTC, as amended.

  • Repurchase Rules and Regulations shall have the meaning specified in Section 6.14 of the Indenture.

  • SAFE Rules and Regulations means collectively, the Circular 37 and any other applicable SAFE rules and regulations, as amended.

  • Uniform Guidance means the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, which supersedes requirements from OMB Circulars A-21, A-87, A-110, and A-122, OMB Circulars A-89, A-102, and A-133, and the guidance in Circular A-50 on Single Audit Act follow-up. The terms and conditions of the Uniform Guidance flow down to Awards to Subrecipients unless the Uniform Guidance or the terms and conditions of the Federal Award specifically indicate otherwise.

  • $10 Rule Definition | Law Insider (2024)

    FAQs

    What is the SEC rule 10b 5 prohibition on insider trading? ›

    SEC Rule 10b-5 prohibits corporate officers and directors or other insider employees from using confidential corporate information to reap a profit (or avoid a loss) by trading in the Company's stock. This rule also prohibits “tipping” of confidential corporate information to third parties.

    What is Section 16 insider status? ›

    Section 16 imposes filing standards for "insiders," and defines insiders as any officers, directors, or stockholders who possess stock that directly or indirectly results in beneficial ownership of more than 10% of the company's common stock or other class of equity.

    What are the red flags of insider trading? ›

    Recognize red flags of insider trading: There are several red flags that can indicate potential insider trading activity. These include unusual trading activity, sudden changes in a company's financial performance, and unusual behavior by company insiders such as selling a large amount of stock.

    What does the SEC use to determine if an insider gave a tip illegally? ›

    Market surveillance activities: This is one of the most important ways of identifying insider trading. The SEC uses sophisticated tools to detect illegal insider trading, especially around the time of important events such as earnings reports and key corporate developments.

    What is the rule 10b 10? ›

    Rule 10b-10 under the Securities Exchange Act of 1934 generally requires dealers effecting trans- actions in securities to provide a notification to their customers, at or before the completion of a transaction, disclosing certain information relating to that transaction.

    What is the new SEC rule for insider trading? ›

    Introduction. On December 14, 2022, the Securities and Exchange Commission (the “Commission”) adopted amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 (the “Exchange Act”), which provides affirmative defenses to trading on the basis of material nonpublic information in insider trading cases.

    What is rule 16b-3? ›

    Rule 16b-3 exempts issuer equity securities transactions between the issuer (including an employee benefit plan sponsored by the issuer) and an officer or director.

    What is the Section 16 rule? ›

    Section 16 is a subsection of The Securities Exchange Act. The section specifies so-called beneficial owners to publicly disclose their beneficial relationship with a company by filing a Section 16 form. Form 3 is filed by new directors, officers or shareholders. It's also filed after an IPO.

    Is insider trading a felon? ›

    For corporate executives and others wondering “Is insider trading a felony,” the short answer is yes. Insider trading violations are often criminally prosecuted as felonies. Accordingly, the penalties can be extremely serious, leading not only to professional and financial ruin but also significant jail time.

    How much money is considered insider trading? ›

    To be considered an insider, a person must have either access to such information or stock ownership equaling more than 10% of the company's equity.

    What is an example of insider trading violation? ›

    Hypothetical Examples of Insider Trading

    The CEO of a company divulges important information about the acquisition of his company to a friend who owns a substantial shareholding in the company. The friend acts upon the information and sells all his shares before the information is made public.

    What are four possible signs that a person could be an insider risk? ›

    Five Malicious Insider Threat Indicators and How to Mitigate the Risk
    • Unusual logins. ...
    • Use or repeated attempted use of unauthorized applications. ...
    • An increase in escalated privileges. ...
    • Excessive downloading of data. ...
    • Unusual employee behavior.

    What is the Dirks rule? ›

    The Dirks test stems from the 1983 Supreme Court case, Dirks v. SEC, which established a blueprint for evaluating insider trading. The Supreme Court ruled that a tipee assumes an insider's fiduciary duty to not trade on material nonpublic information if they knew or should have known of the insider's breach.

    What is tipper tippee liability? ›

    Both Tippers and Tippees are Liable

    Not every person who is guilty of illegal insider trading works for the company in question. According to the SEC, when a trade is made based on MNPI, both the tipper and tippee can be held legally liable and face potential consequences.

    What is the 10 am rule in stock trading? ›

    Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and the time between 9:30 a.m. and 10 a.m. often has significant trading volume. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour.

    What is violation of SEC Rule 10b-5? ›

    Section 10(b) of the Exchange Act and Rule 10b-5 prohibit material misrepresentations and misleading omissions in connection with the purchase or sale of securities. To prove a violation of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder, the Commission must prove that the defendants acted with scienter.

    What does the SEC's Rule 10b-5 deal with? ›

    Rule 10b-5 covers insider trading, which occurs when confidential information is used to manipulate the market in one's favor. Changes to Rule 10b5-1, outlining ways for insiders to proactively avoid the appearance of insider trading, took effect on Feb. 27, 2023.

    What is the prohibition of insider trading? ›

    Regulation 4 of the SEBI (Prohibition of Insider Trading) Regulation, 2015 provides that Insider shall not trade in securities that are listed or proposed to be listed on a stock exchange when in possession of unpublished price sensitive information.

    What are the three prohibitions of insider trading? ›

    If you have 'inside information' relating to the Company, it is illegal for you to: • apply for, acquire, or dispose of, securities in the Company; or • procure another person to apply for, acquire, or dispose of, securities in the Company; or • directly or indirectly, communicate the information, or cause the ...

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