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Rule 10b-4 |
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Rule 10b-4 An SEC rule prohibiting the short sale of securities — the sale of borrowed securities — to an investor making a tender offer. A tender offer is usually made at a premium to the market price of the security; the sale of borrowed securities for such an offer creates the possibility of unsustainable price fluctuations. 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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