Suspended Trading

Suspended Trading
A stoppage in the trading of a security for an extended period of time that normally occurs when there is a lack of material financial information on the security. Once the security is suspended, shares of that security cannot be traded on the market until the suspension is lifted or lapses. The exact amount of time for the suspension will be determined on on a case-by-case basis.

The SEC has the authority to suspend the trading of a security for up to 10 trading days to protect investors. The SEC has this ability under Section 12(k) of the Securities Exchange Act of 1934. The SEC will make the decision to do this based on an investigation and will then issue a press release detailing the reason for the suspension. The most common reason for suspension is due to a lack of publicly available, relevant and current financial information.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • suspended trading — Temporary halt in trading in a particular security, in advance of a major news announcement or to correct an imbalance of orders to buy and sell. Bloomberg Financial Dictionary …   Financial and business terms

  • trading halt — When trading of a stock, bond, option or futures contract is stopped by an exchange while news is being broadcast about the security. Bloomberg Financial Dictionary See: suspended trading. Bloomberg Financial Dictionary The susp …   Financial and business terms

  • trading — (1) The activity of buying and selling financial instruments or commodities for profit. Individuals or entities may engage in trading either strictly on their own behalf or for current or future transactions with customers. Trading profits may… …   Financial and business terms

  • Trading — Buying and selling securities. The New York Times Financial Glossary * * * trading trad‧ing [ˈtreɪdɪŋ] noun [uncountable] 1. COMMERCE the activity of operating as a business and buying and selling goods and services: • national policy on industry …   Financial and business terms

  • East India Trading Co. — Pirates of the Caribbean association name = East India Trading Co. bgcolor = #003153 fgcolor = #FFD700 type = British Merchant Trading Company motto = Deo Dvcente Nil Nocet ( Latin ) [ Pirates of the Caribbean: The Complete Visual Guide , page 48 …   Wikipedia

  • Disney pin trading — is the buying and trading of collectible pins and related items featuring Disney characters, attractions, icons, events and other elements. The practice is a hobby officially supported and promoted by Disney.[1] Many thousands of unique pins have …   Wikipedia

  • Marvel Trading Card Game — Developer(s) Vicious Cycle Software (PC/PSP) 1st Playable Productions, Engine Software (DS) Publisher(s) …   Wikipedia

  • January 2008 Société Générale trading loss incident — The January 2008 Société Générale trading loss incident was an incident in which the bank Société Générale lost approximately €4.9 billion closing out positions over three days of trading beginning January 21, 2008, a period in which the market… …   Wikipedia

  • Oil futures drunk-trading incident — The oil futures drunk trading incident was an incident in which Stephen Perkins, an employee of London based PVM Oil Futures, traded 7,000,000 barrels (1,100,000 m3) of oil, worth approximately US$520 million (£340 million), in a two and half… …   Wikipedia

  • Security Suspended — This security has been suspended from trading by the Exchange. London Stock Exchange Glossary …   Financial and business terms

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”