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Re: $BL$ post# 19138

Monday, 02/02/2009 4:34:02 PM

Monday, February 02, 2009 4:34:02 PM

Post# of 27881
cooling-off period
The required waiting period between the time a firm files a registration statement for a new security issue with the SEC and the time the securities actually can be issued. The cooling-off period is usually 20 days, although the SEC may alter it for individual issues. Also called twenty-day period, waiting period. See also effective date.

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