Lockdown

外汇网2021-06-19 16:12:40 161

A specified period when an employee of a public company is barred from selling - and occasionally buying - his or her company's stock.

Taobiz explains Lockdown

These types of equity transaction restrictions can be imposed by securities regulators or underwriting firms if a company has recently issued public securities. They can also be self-imposed by a corporation as an impetus for employees to retain company stock.

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