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Blackout Period |
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Blackout Period The period of time during which an employee may not make any changes to his/her employer-sponsored retirement plan. This usually occurs when the plan is being restructured or when administrative changes are being made. For example, a company may institute a blackout period if it is moving management of its retirement plans to a different brokerage. A blackout period normally lasts approximately 60 days. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Fund may suspend or terminate the automatic purchase plan only if it does not have material non-public information and the decision to suspend or terminate the automatic purchase plan is not taken during a self-imposed trading blackout period. The blackout period is typically between the end of the financial year or half-year and the publication of the company's annual or half-yearly results. A blackout period does not include a suspension, limit or restriction (1) due to the application of the securities laws, (2) regularly scheduled to occur and already disclosed to participants or (3) pursuant to a |
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