Series 79: Research By Nonparticipating Broker-Dealers (Rule 137)

Taken from our Series 79 Top-off Online Guide

Research by Nonparticipating Broker-Dealers (Rule 137)

Rule 137 carves out from the definition of “offer” a research report about an issuer published or distributed by a broker-dealer that is not participating and does not plan to participate in the distribution of the issuer’s offering, provided the following conditions are met:

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