40 day quiet period rule

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NYSE and FINRA rules now prohibit analysts from offering a favorable research rating or specific price target to induce investment banking business from companies.

The rule changes also impose “quiet periods” that bar a firm that is acting as manager or co-manager of a securities offering from issuing a report on a company within 40 days after an initial public offering or within 10 days after a secondary offering for an inactively traded company.  Read more

Even then the analyst reports are normally ‘private’ for clients.  Our mission is to fill the ‘analyst gap’.

 

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