Rule 144A and Run rate: Difference between pages

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imported>Doug Williamson
(Added Regulation D to see also)
 
imported>Doug Williamson
(Link with Forecast.)
 
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''US private placements''.
''Forecasting''


Rule 144A of the US Securities Act of 1933, introduced in 1990.  
A run rate is a measure of past financial performance which is considered to be representative of likely future performance.


Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.
On this basis, a run rate might be appropriate to use for the purposes of forecasting or making comparisons.


Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.


Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.
==See also==
 
*[[Exit]]
In a Rule 144A offering, an investment bank or syndicate of investment banks purchases the securities from the issuer and then resells the securities to investors, so technically QIBs participate in the secondary market.
* [[Forecast]]
 
*[[Run]]
 
*[[Stability]]
== See also ==
* [[Private placement]]
* [[Securities and Exchange Commission ]]
* [[Regulation D]]

Revision as of 15:21, 22 August 2017

Forecasting

A run rate is a measure of past financial performance which is considered to be representative of likely future performance.

On this basis, a run rate might be appropriate to use for the purposes of forecasting or making comparisons.


See also