blanket certification form

Blanket certification form

Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Form FR-1

A form that foreign dealers are required to file with FINRA when they are involved with new issues in which demand exceeds supply. Form FR-1 ensures that the foreign dealers do not attempt to sell shares of the new issue above the offering price or to certain prohibited organizations with which there may be a conflict of interest. Foreign dealers only fill out Form FR-1 with they buy new issues for resale. Less formally, it is called a blanket certification form.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

blanket certification form

See Form FR-1.
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.
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