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rule 10b-5

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Legal Dictionary

Main Entry: Rule 10b–5
Pronunciation: -"ten-"bE-'fIv
Function: noun
Etymology: 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
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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