No-action letter

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A no-action letter is a letter from the SEC (United States Securities and Exchage Commission) indicating that no civil or criminal proceedings will be instigated against an individual or entity engaging in a particular activity. A no-action letter is sent in response to a written request to the SEC for clarification when the legality of the activity is questioned.

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Retrieved from "http://en.wikipedia.org../../../n/o/-/No-action_letter.html"

Categories: Orphaned articles from November 2006 | All orphaned articles | United States law | Law stubs

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