Rule 17f-1

Rule 17f-1

A rule of the SEC requiring brokerages and other financial institutions to inform the authorities immediately if securities under its charge are lost or stolen. See also: Safekeeping.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Rule 17f-1

An SEC rule that requires financial institutions that process securities to promptly report counterfeit, lost, missing, or stolen securities to the proper authorities.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.