Regulation M restricts bidding for or purchasing a security by those participating in its distribution, during a defined restricted period. It is the rule that draws the line between lawful stabilisation and unlawful support of one's own offering.
history and doctrine · updated 2026-09-23
See also
Pegging, fixing and stabilising— Pegging, fixing or stabilising a price means trading to hold it at a particular level. It is prohibited in general but expressly p…
Unregistered offering— An unregistered offering is a sale of securities without a registration statement and without a valid exemption. It is unlawful un…
We use Google Analytics to count visits and see which pages get read. It sets cookies.
Nothing here depends on it, and declining changes nothing about what you can read. What we collect.