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Overview of Rule 10B-18 Rule 10B-18, a Securities and Exchange Commission (SEC) rule, provides safe harbor protection for companies and their affiliated purchasers when they repurchase their common stock. By following the conditions stipulated in Rule 10B-18, companies can reduce potential liability from alleged securities fraud. Introduced in 1982, this
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Introduction to the Plunge Protection Team The Plunge Protection Team (PPT), colloquially referred to as the “Plunge Protectors,” is a powerful group of high-ranking financial officials in the United States government, established in 1988. Headed by the Secretary of the Treasury and consisting of members from the Federal Reserve, SEC,
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