Quiet period

The quiet period is a time interval after a business files for the registration of securities with the Securities and Exchange Commission (SEC), when the firm is not allowed to make promotional statements about the organization to the public. During this period, no new information can be offered to the public than is already contained within the registration statement. If this rule is violated, the SEC may delay a stock offering. Quiet periods are also imposed between the end of a reporting quarter or year and when the related financial results are issued to the public.

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