Prearranged trading

Prearranged trading

Possibly fraudulent practice whereby commodities dealers carry out risk-free trades at predetermined prices to acquire tax advantages.

Prearranged Trading

The practice of two commodity dealers trading with each other at prices upon which they have agreed in advance. Pre-arranged trading is designed to exclude other dealers from the market, to gain a tax advantage, or both. As a result, pre-arranged trading is illegal.
References in periodicals archive ?
At Dash's direction, Hallmark used a prearranged trading scheme to sell the shares to the customers at $3 per share, according to FINRA.
SEC enforcement division asset management unit co-chief, Marshall Sprung, said, 'Instead of playing by the rules, Huang engaged in prearranged trading schemes that benefited some clients while harming others.
The government said in December it would engage in a measured sale of a part of its stake under a prearranged trading plan with Morgan Stanley that lasts through the end of June.
Aside from the commodity brokerage trading services, Woodlake Commodity Solutions also provides feasible investment research products, such as the new intraday traders notification tool to alert clients throughout the day, especially when a group of prearranged trading factors are generated, and help them discover those doable trading opportunities that are in accordance with their trading strategies and investment interests.
here exercised options for 18,625 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing.
sold 10,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing.
A director of Red Lion Hotels, a hotel operator, sold 20,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday.
exercised options for 130,917 shares of common stock under a prearranged trading plan, according to Securities and Exchange Commission filings June 15.
The second implication relates to the SEC's safe harbor from Rule 10b-5 liability for insiders executing trades according to prearranged trading plans.
MILWAUKEE -- Actuant Corporation (NYSE: ATU) today announced that certain of its executives have adopted prearranged trading plans in accordance with guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934 and the Company's policies with respect to insider sales.
8 million to settle charges that one of its portfolio managers unlawfully conducted prearranged trading known as "parking" that favored certain advisory client accounts over others, the Securities and Exchange Commission announced on Wednesday.
Aside from the commodity brokerage trading services, Weissmuller and Sons also provides feasible investment research products, such as the new intraday traders notification tool to alert clients throughout the day, especially when a group of prearranged trading factors are generated, and help them discover those doable trading opportunities that are in accordance with their trading strategies and investment interests.