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LSDefine

Simple English definitions for legal terms

antifraud rule

Read a random definition: assignment for benefit of creditors

A quick definition of antifraud rule:

Antifraud Rule: This is a rule that helps prevent fraud in the stock market. It is also known as Rule 10b-5. This rule makes it illegal for people to lie or deceive others when buying or selling stocks. It helps protect investors from being tricked or cheated out of their money.

A more thorough explanation:

The antifraud rule is a regulation that prohibits any fraudulent or deceptive behavior in the securities market. It is also known as Rule 10b-5.

For example, if a company's executives make false statements about the company's financial performance to artificially inflate the stock price, they would be violating the antifraud rule. Similarly, if a broker provides misleading information to a client to convince them to buy a certain stock, they would also be breaking the antifraud rule.

These examples illustrate how the antifraud rule is designed to protect investors from fraudulent activities in the securities market. By enforcing this rule, regulators can help ensure that investors have access to accurate and reliable information when making investment decisions.

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JumpySubsequentDolphin
23:42
hi SPLITTY!!!
HIII DOLPHYY
stanford finally sent me a status checker tomight
do yall know if "Your file has been submitted for review" just means under review
Dkk
0:08
@SplitterusClitterus: really depends on the school. Could mean they have just received it. Could be it is under review. Could mean they already have a decision for you. For Stanford, idk.
Mmm ok thank you
JumpySubsequentDolphin
1:19
my friend JUST sent me that omg
JumpySubsequentDolphin
1:19
also @renard that shows your IG handle
JumpySubsequentDolphin
1:20
I assume you don’t want to doxx yourself 😧
JumpySubsequentDolphin
1:20
if we send enough messages it will stop showing the message tho!!!!!!!!
JumpySubsequentDolphin
1:21
@renard99: come back and spam messages I only have so many left 😔
JumpySubsequentDolphin
1:23
. . .
Dkk
1:49
@renard99: you shared a post a good friend of mine had liked. Lmfao but respect +1
Dkk
1:49
I laughed at it too +1
1:50
Damn lol
1:50
Follow me brah
JumpySubsequentDolphin
2:01
I followed you
JumpySubsequentDolphin
2:01
don’t dox me ☹️
2:06
Nw I won’t dox you 😎
JumpySubsequentDolphin
2:07
don’t judge my feed either I’m bad at Instagram :/
3:17
has anyone here worked for a DAs office during the school year
3:43
LMFAOOO THE INSTAGRAM POST
m10
3:50
I have no idea how it shows his Insta handle. This makes me an old man.
Dkk
3:52
i think you all are just bullshitting
Dkk
3:54
Y'all are gay af.
Dkk
3:54
Making drama out of nothing like a buncha homosexuals.
5:45
Dk I think it shows up
5:45
if you’re already signed into Instagram
5:55
workin workin, grinding
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