Law Dictionary

Rule 10b–5

noun \-ˌten-ˌbē-ˈfīv\

Legal Definition of Rule 10b–5

  1. :  a rule adopted by the Securities and Exchange Commission in furtherance of the Securities Exchange Act that outlaws fraud, deceit, misrepresentation, and manipulation in securities dealing in broad terms

Origin and Etymology of rule 10b–5

10b–5 from the section of the Securities Exchange Act of 1934 pursuant to which the rule was formulated

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capable of being understood in two ways

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