These ”Off Market” trades are typically used by larger investors to buy larger lots at prearranged prices without risking driving the price upward or downward.
But I found this part quite humorous:
A pattern or practice of late reporting without exceptional circumstances may be considered conduct inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of Rule 2110.
Excellent. Thank you. I saved that for future as I knew there was a formal explanation. apparently I was talking about the worng trade and it got someone else all cranky
Thanks you. that helps.no offense , but the sec has more could of , or could bes that make clarity of it nonexistent , cant be just one thing to remember , has so many things or situations , reading the sec stuff is like trying to find a way out of a maze .