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LSDefine

Simple English definitions for legal terms

antifraud rule

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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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ParallelAgreeableOrangutan
20:35
@JupitersMoons: wait is email not typical for LOCI? ik you can upload to portals but isn't an email... a letter? an electronic mail?
ParallelAgreeableOrangutan
20:36
@RoyalReadyKiwi: congrats on your A! and your scholarship!!
MrThickRopes
21:11
Uhh
MrThickRopes
21:11
Yeaaah
MrThickRopes
21:11
Call me chairman of the federal reserve the way i print dat money
MrThickRopes
21:11
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MrThickRopes
21:12
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MrThickRopes
21:41
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MrThickRopes
21:51
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21:53
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21:53
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21:54
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MrThickRopes
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MrThickRopes
21:54
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MrThickRopes
21:55
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ParallelAgreeableOrangutan
22:02
jaylen brown just fouled out and the celtics only have 51 pts
22:23
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22:23
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22:39
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23:01
wby gurlie
Yo fam I still haven’t slumbered and it’s 4am
5:26
Hey just wondering how to filter data by international Gpa? Can't seem to find this filter option
9:40
There’s no intuitive way to do this. The only way I can find is by going to each individual school, scrolling to the part that shows you all applicants for that year, and clicking on the GPA button until it filters them for the blank ones first. I’ve found by clicking on profiles that the ones with an LSAT listed and no GPA are almost universally international
10:38
You think adcomms stalk this website
10:41
any one of you could be one in disguise
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