Series 79: 8.6.3. For Fixed-Price Offerings

Taken from our Series 79 Online Guide

8.6.3. For Fixed-Price Offerings

A fixed-price offering is one in which the securities are sold at a stated public offering price. FINRA requires that the distribution participants in a fixed-price offering must treat the price as fixed in actual practice. No distribution participant may offer any securities in the offering at a price below the stated public offering price. This restriction applies until the offering terminates or until the participants are unable to co

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