Ten Day Rule


 

Home
Site Map
Add Term
Search
About Us
Contributors

Ten Day Rule

The New York Stock Exchange rule permitting member firms (brokers) to vote in favor of management ten days or less before the meeting, provided that the member firm mailed proxy material to beneficial owners at least 15 business days before the meeting. The rule allows many shares to be voted, which would otherwise not be, to reach a quorum, approve the choice of directors and auditors and handle other routine matters. This rule does not apply to banks, their nominees or their depository positions, nor to non-routine proposals such as approval for the corporation to issue more shares.



Ten Day Rule

Similar Matches

Rule of law

Rule of law

A legal system in which rules are clear, well-understood, and fairly enforced, including property rights and enforcement of contracts.


Specificity rule

Specificity rule

The principle that the optimal policy for correcting a distortion is one that deals most directly, or specifically, with that distortion.


Rule lOb 5

Rule lOb 5

An SEC rule that prohibits trading by insiders on material nonpublic information. This is also the rule under which a company may be sued for false or misleading disclosure.


Net present value rule

Net present value rule

An investment is worth making if it has a positive NPV Projects with negative NPVs should be rejected.


Quote rule

Quote rule

Rule requiring market makers to publish quotations for any listed security when a quotation represents more than 1% of the aggregate trading volume for that security.


Further Suggestions

prudent man rule
Rules of origin
Rules of fair practice
Rule 144a
Rule 14 d
Securities and Exchange Commission Rules
20% cushion rule
Rules-based trade policy
Rule 415
Friedman rule
Tick test rules
Income exclusion rule
Suitability rules
rule of 113
Uptick rule
Five percent rule
Uniform Rules for Collections
Prudent man rule
Rule 144
Discounted payback period rule
Administrative pricing rules
Short sale rule
Allocation of income rules
Variance rule
Three steps and a stumble rule


 
All rights Reserved. Do not copy without permission.