Rule 144 Changes Effective February 15, 2008
By David Feldman at 25 November, 2007, 8:41 pm
On December 15, the SEC’s release incorporating all the Rule 144 changes was published in the Federal Register. This means the changes will be effective on February 15, 2008. As a reminder, the new Rule 144 holding periods are retroactive, and relate to securities whether purchased before or after February 15.
In the next few days I will post a number of thoughts on the major change incorporated in the release concerning the so-called Worm/Wulff letters.
Greetings of the season to all!
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