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Affirmative obligation

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Affirmative obligation
A New York Stock Exchange rule that governs the behavior of specialists. Affirmative obligation is the mandate of the specialists to step in and act as either the buyer or the seller when public investor orders exist do not match up naturally. Also known as positive_obligation. Related: negative_obligation.


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Thus, the FVM was the preferred method, yet P was under no affirmative obligation to elect it.
* Imposing an affirmative obligation on taxpayers to identify relevant concerns that may affect CA negotiations, e.
``These criminal investigations go to the essence of clean and honest government and you have an affirmative obligation to assist the criminal investigators and the public in learning the complete truth.
 
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