Replies to post #12117 on Phoenix Associates Land Syndicate (fka PBLSQ)

[arconway]

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.

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