Examlex
Balking is the process of customers switching lines if they perceive another to be moving faster.
General Solicitations
Activities by companies to advertise or solicit a wider range of investors or the public at large, typically related to the offering of securities.
Nonpublic Issuer
An entity that does not offer its securities for sale to the general public, often subject to less stringent reporting requirements.
Material Misstatements
Significant inaccuracies or omissions in financial statements that could influence the decision-making of users of those statements.
Section 11
A specific provision of a law or regulation, often requiring context (such as a specific act or statute) to define fully.
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