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Selling restrictions: Difference between revisions
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{{a|repack|{{image|selling restrictions|png|}}}}Ask a capital markets lawyer what a selling restriction ''is'', and you can expect a fulsome answer. She will happily provide reams of examples, inscrutable tracts, reciting ancient American securities laws and their associated apocrypha, and alphanumeric codes referencing baffling delegated regulations of the European Parliament and of the Council, punctuated by block-capital harangues of New Hampshire residents, and any flavour of local variations. Selling restrictions are the pages and pages of [[magic circle]] [[boilerplate]] that | {{a|repack|{{image|selling restrictions|png|}}}}Ask a capital markets lawyer what a selling restriction ''is'', and you can expect a fulsome answer. She will happily provide reams of examples, inscrutable tracts, reciting ancient American [[Securities Act of 1933|securities laws]] and their associated [[Securities Exchange Act of 1934|apocrypha]], and alphanumeric codes referencing baffling delegated regulations of the European Parliament and of the Council, punctuated by [[RESIDENTS OF NEW HAMPSHIRE|block-capital harangues of New Hampshire residents]], and any flavour of local variations. She collects them like a schoolboy collects football cards, gluing them into a Panini album. | ||
Selling restrictions are the pages and pages of [[magic circle]] [[boilerplate]] that lend heft to a [[prospectus]]. They recite the public and private offering regulations in any jurisdiction in which the securities might possibly be offered, a catalogue of intercessory prayers offered by the arranger. | |||
Ask her what this [[tedious]] catalog is ''for'', and you’ll get a blanker look. The | Ask her what this [[tedious]] catalog is ''for'', and you’ll get a blanker look. The | ||