Actually it is not really a law. The quiet period is not defined under the federal securities laws. However, a quiet period extends from the time a company files a registration statement with the SEC until that registration is declared effective. It is during that period that what is said is limited: security laws then limit what the companies can say and release.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.