Rule 17f-1(redirected from Rule 17f1)
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.
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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.