Series 79: Hedged Tendering

Taken from our FINRA Investment Banking Exam

Definition of the term Hedged Tendering...

a prohibited practice with regard to partial tender offers. It occurs when a shareholder sells shares she has already tendered (or lends them to a short-seller) before the end of the tender of

Since you're reading about Series 79: Hedged Tendering, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!