Rule

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Revision as of 20:05, 21 July 2022 by imported>Doug Williamson (Add definition. Source: Linked pages)
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1.

An individual law or regulation, or a broader principle underpinning a number of laws or regulations.

For example, the best execution rule.


2.

A less formal understanding between individuals or organisations, not necessarily legally enforceable.

For example, the Chatham House Rule.


3.

Guidance for individual or internal organisational activity.

For example, the filter rule for traders applying technical analysis principles.


See also