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LSDefine

Simple English definitions for legal terms

stock-parking

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A quick definition of stock-parking:

Stock-parking is when someone sells securities with an agreement to buy them back later for a similar price. This is sometimes done to avoid certain regulations or taxes. It can also refer to temporarily placing assets in a safe investment while considering other investment opportunities.

A more thorough explanation:

Definition: Stock-parking is the act of selling securities with an agreement to buy them back at a later time for a similar price. This is often done to evade securities regulations or tax laws. However, it can also refer to the placement of assets in a safe, short-term investment while considering other investment opportunities.

Example 1: A brokerage firm sells stock from its own account to a customer at market price to avoid the discount for reporting purposes. After filing its report, it buys the shares back from the customer at the same price, plus interest. This is an illegal form of stock-parking.

Example 2: An investor places their money in a money market fund while they research other investment opportunities. This is a legitimate form of stock-parking.

Both examples illustrate the definition of stock-parking. Example 1 shows how stock-parking can be used to evade securities regulations, while Example 2 shows how it can be used as a safe, short-term investment strategy.

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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