Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the reason I need to comply with Rule 144?

comply rule
0
Posted

What is the reason I need to comply with Rule 144?

0

Compliance with Rule 144 protects you from being treated like an “underwriter”. If you are treated like an “underwriter”, your stock would need to be registered under the Securities Act of 1933 when you sell it into the public securities market. If you are treated like an “underwriter” and sell stock without registration, you violate civil and criminal provisions of the Securities Act of 1933.

Related Questions

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.