no-action letter Hear it!

no-action letter Finance Definition
A letter written by the Securities and Exchange Commission (SEC) that says it will not take any action against a corporation that might potentially be violating the letter of the law. No-action letters are requested by corporations from the SEC before it undertakes any action that might potentially violate the letter of the law.

Browse dictionary entries near no-action letter

  1. ‹ no-account
  2. ‹ no
  3. ‹ NNW
  4. ‹ NNI
  5. ‹ NNE
  6. ‹ NN
  7. ‹ NMT 900
  8. ‹ NMT 450
  9. ‹ NMT
  10. ‹ NMSQT
  1. no bill ›
  2. no-brainer ›
  3. no-cal ›
  4. noël ›
  5. no-fault ›
  6. no-frills ›
  7. no-go ›
  8. no-good ›
  9. no-growth ›
  10. no-hit ›