   
|
|
|
|
|
|
| |
In US securities law, the quiet period was historically a period between when a company filed a registration statement with the SEC and a number of days after the IPO. The term quiet period is not found anywhere in the law. In the summer of 2005, the SEC voted unanimously to modify its registration, communications, and offering processes, effectively ending the quiet period. The SEC now explicitly permits companies to continue publishing normal communications during the customary quiet period, subject to certain guidelines. The quiet period practice came under intense scrutiny in 2004 after a few noteworthy incidents. In one instance, Google founders Larry Page and Sergey Brin granted an interview to Playboy magazine just prior to their firm's IPO filing, days before the quiet period was to begin. The interview was published during the quiet period, immediately before the IPO. The SEC allowed the Google IPO to proceed on schedule despite the seeming violation of quiet period etiquette. The typical quiet period lasted up to 90 days after the IPO.
Rate this quiet period definition...
|
|
|
|
 |
Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day. |
|
Popular Terms: FICO score, 1031 exchange, dividends payable, minority interest, Key Rate Duration, ex-dividend, annual return, diluted share, inflation, phantom income, command economy, 1035 exchange, class C shares, 144a, wholly-owned subsidiary, APR, liquidity ratio, margin rate, open position, quality assurance, in escrow, ex-dividend date, reverse mortgage, labor relations, cancelled check, real GDP, deferred revenue, per diem, debt service coverage, stock market close, option premium, EBITDA, LIBOR, implied volatility, retained earnings, Zero Cost Collar, irrevocable trust, covered put, risk management, current ratio, 401a, stock split, required rate of return, VIX, FTSE, deferred tax, balance sheet, limit order, average price per share
|
|
| |
