Legal Dictionary
Main Entry:
Rule 10b–5Pronunciation:
-"ten-"bE-'fIvFunction:
nounEtymology:
10b–5 from the section of the Securities Exchange Act of 1934 pursuant to which the rule was formulated
: 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