The Quiet Period Is Designed To

question 14

Multiple Choice

The quiet period is designed to:

• A)prevent the original investors in a firm from selling their shares and destabilizing a security's price during the first six months of public trading.
• B)ensure that all potential investors have fair access to identical information.
• C)ensure that all bidders are heard in a Dutch auction.
• D)stabilize the aftermarket.
• E)silence the market so the SEC can fairly set the offer price on an IPO.

---

Definitions:

Uniform Simultaneous Death Act

A legal statute used to determine inheritance when two or more people die at the same time or under circumstances where the order of death is unclear.

Simultaneous Deaths

A legal concept usually applied in inheritance law, where two or more people die at the same time or under circumstances where it's not possible to determine the order of deaths, affecting the distribution of their estates.

Trust Claim

A legal claim asserting that property or assets should be held and managed by one party for the benefit of another.

Trustee

An individual or entity given control or powers of administration of property in trust with a legal obligation to manage that property solely for the benefit of the party who has designated the trust.