gun jumping

Gun jumping

In the context of securities trading, refers to trading in a security on the basis of information that has not been made available to the public. The illegal solicitation of buy orders in an underwriting before completion and finalization of Securities and Exchange Commission registration. Also see front running.

Gun Jumping

The act or practice of soliciting orders for a new issue of a security before it has been registered with the SEC, or before its registration has been approved. Gun jumping amounts to soliciting orders outside the SEC's regulation and is, as such, illegal. Engaging in gun jumping can delay the actual issue of the security.

gun jumping

1. The trading in a security before inside information has been released to the public.
2. Solicitation of orders for a new security underwriting before the SEC has approved the registration statement.
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References in periodicals archive ?
Officers were called to Rock Close, in Bell Green at around 12.30pm on Friday (August 30), after reports of a man with a gun jumping over garden fences.
for alleged "gun jumping." The Commission's decision relates to Canon's acquisition of Toshiba Medical Systems Corporation (TMSC) in 2016.
(Euronext: ATC) of its decision to impose upon it a EUR 124.5 million fine for gun jumping in connection with Altice's acquisition of PT Portugal in June 2015, the company said.
Unfortunately, the ABA's gun jumping doesn't end with its misreading of the Federal Credit Union Act.
That would surely be more of a beacon to the world for Wales than some bloke with a fake gun jumping about the Assembly in front of a camera.
Failure to do so may result in a "gun jumping" violation of the HSR Act.
Backing up a second, the proposal would eliminate a prohibition in the SEC's 2005 regulation creating "Rule 163." The rule creates an "exception" in the Securities Act allowing WKSIs to communicate with potential investors prior to a registration statement being filed without violating the "gun jumping" provisions of the Securities Act.
For antitrust practitioners and corporate and in-house counsel, this book examines theories distinguishing between lawful premerger coordination and unlawful gun jumping in the US, the existing law, and positions of enforcement agencies concerning preconsummation activities of the merging parties.
In addition, there are some directors and officers exposures, including securities fraud, material misstatements about a company or product, gun jumping and selective disclosure, he said.
The civil penalties are the highest ever paid in a case of what is known as "gun jumping." Federal officials alleged that, starting in mid-1999, and before a proposed merger between the two entities had been approved, Gemstar and TV Guide agreed to stop competing for customers, decided together on prices and terms to be offered, and jointly managed their interactive program guide business during the mandatory pre-merger waiting period of the Hart-Scott-Rodino Act of 1976.
Armed police were called to an area of Coventry after reports of a man with a gun jumping over garden fences.
Subsequent to that May 2nd FMC Newsroom release, there have been numerous reports and articles in the press that said the FMC held that the Tripartite Agreement would have violated federal antitrust laws including gun jumping provisions and premature combining of the agreement parties business operations.