Statutes, codes, and regulations
Rhode Island Administrative Code
Title 230 - Department of Business RegulationChapter 20 - InsuranceSubchapter 45 - Financial Standards and Corporate Operations
Part 5 - Insider Trading of Domestic Stock Insurance Company Equity Securities (230-RICR-20-45-5)
Section 230-RICR-20-45-5.8 - Exemptions from the Act of Securities Purchased or Sold by Odd Lot Dealers.

230 R.I. Code R. 230-RICR-20-45-5.8

Download
PDF
Current through December 3, 2024
Section 230-RICR-20-45-5.8 - Exemptions from the Act of Securities Purchased or Sold by Odd Lot Dealers.

Securities purchased or sold by an odd-lot dealer in odd lots so far as reasonably necessary to carry on odd-lot transactions or in round lots to offset odd-lot transactions previously or simultaneously executed or reasonably anticipated in the usual course of business, shall be exempt from the provisions of the act with respect to participation by such odd-lot dealer in such transaction.

230 R.I. Code R. 230-RICR-20-45-5.8