Hot Issue
Securities that trade at a measurable premium— relative to the offering price in a Public Offering—after an IPO. FINRA rules restrict certain preferential allocations of Hot Issue securities.
See FINRA Rule 2790.
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Securities that trade at a measurable premium— relative to the offering price in a Public Offering—after an IPO. FINRA rules restrict certain preferential allocations of Hot Issue securities.
See FINRA Rule 2790.