Selective Distribution

Distribution in the United States Financial law

While the U.S. Securities Act does not define the term “distribution,” Securities Act Rule 144 provides a “safe harbor” to those security holders who wish to sell securities under the Section 4(a)(1) exemption, which exempts “transactions by any person other than an issuer, underwriter, or dealer.” A person satisfying the applicable conditions of the Rule 144 safe harbor is deemed not to be engaged in a distribution of the securities and therefore not an underwriter for purposes of resale under the Section 4(a)(1) exemption.

Resources

See Also

• Exclusive Distribution
• Underwriter
• Selective Safeguards
• Exemption From Tax
• Securities and Exchange Commission
• Government Securities
• Customs Duty
• Physical Distribution

Spanish Translation of selective distribution

This is the legal translation of English to Spanish in relation to selective distribution and / or a definition of this topic: Distribución Selectiva (in Spanish, without translation of the dictionary entry).