blackout period
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Blackout period
A period of time before the earnings release of a public company during which its directors and specific employees deemed insiders cannot trade the company’s stock.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Blackout Period
The period of time during which an employee may not make any changes to his/her employer-sponsored retirement plan. This usually occurs when the plan is being restructured or when administrative changes are being made. For example, a company may institute a blackout period if it is moving management of its retirement plans to a different brokerage. A blackout period normally lasts approximately 60 days. It is also called the lockdown.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
blackout period
1. The time period prior to the release of financial information during which certain employees of a public company are prohibited from trading in the firm's stock. See also window period.
2. See lockdown.
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.