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Rule144

oboloo Glossary

Rule144

Rule 144: An SEC Rule that allows publicly non-affiliates to sell restricted and control securities, subject to certain conditions. The purpose of this rule is to facilitate transactions where investors can liquidate their holdings without any delay or hinderance due to the securities’ nature. Any investors wishing to take advantage of this rule must be diligent in ensuring they understand the requirements for doing so and comply accordingly, as failure to do so may result in significant civil and criminal penalties.

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