Rule 156

Rule 156

An SEC rule prohibiting investment companies from giving investors or potential investors false or misleading information in their literature. For example, Rule 156 prohibits a mutual fund from making false statements in any of its prospectuses.

Rule 156

An SEC rule that regulates investment company sales literature. Essentially, investment companies are prohibited from distributing sales literature that contains false or misleading statements.
References in periodicals archive ?
Constitution Avenue, G-5/2, Islamabad and will be delivered through an office bearer of the party, duly authorized by the party head in terms of rule 156 of the Election Rules.
He said that Rule 156 (2) of the Provincial Assembly of Khyber Pakhtunkhwa Procedure and Conduct of Business Rules, 1988 clearly mentioned: 'The Finance Committee shall consist of Speaker, Minister for Finance and six other members to be elected by the Assembly.'
As per prevision of rule 156 of the Election Rules, 2017 the statement received through post, fax, courier service or any other mode will not be entertained.
As per provision of rule 156 of the Election Rules, 2017 the statement received through the post, fax, courier service or any other mode will not be entertained.
Jason Mulvihill, general counsel for the American Investment Council, noted in a statement that the legislation also updates Form PF so that private equity investment advisors do not have to provide "unnecessary information on their portfolio companies and preventing the SEC from expanding Rule 156 relating to the advertising of investment company funds to private fund offerings."
KAPIL SIBAL: Rule 156 of the constitution says Governor shall hold office during the pleasure of the President.
Eddie Ahern again found himself in trouble with the stewards, this time picking up a ten-day ban (September 16-25) after being deemed guilty of a breach of rule 156, in failing to ride out for third on Crystal Moments in the opener.
Having been found guilty under Rule 156, Fanning will be out of action between April 23 and May 10 inclusive.
Having been found guilty under Rule 156, Fanning was suspended for the statutory 18-day period and will be out of action between April 23 and May 10 inclusive.
The stewards found Cosgrave in breach of Rule 156 in that he 'had made a positive manoeuvre too late as a result of a serious misjudgement."
He was originally banned under rule Rule 156 which covers negligence, but that has been reduced to ten days under Rule 158 - failure to take all reasonable and permissible measures throughout the race.
The jockey was handed a 28-day ban after he was found to be in breach of Rule 156 in that he failed to ride out near the finish.