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ARTICLE · 17 MARCH 2014

A Guide To Regulation M: Regulating Market Activity During A Public Offering

Duane Morris LLP
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Regulation M is intended to prevent potentially manipulative practices by underwriters, issuers, selling security holders and other participants in securities offerings.

United StatesFinance and Banking
Duane Morris
Duane Morris
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Regulation M is intended to prevent potentially manipulative practices by underwriters, issuers, selling security holders and other participants in securities offerings. Understanding the key aspects of Regulation M is essential to ensure compliance.

Regulation M is designated to strengthen the integrity and fairness of the securities markets by regulating potentially manipulative practices by underwriters, issuers, selling security holders and other participants in securities offerings. Regulation M prohibits these parties from engaging in certain trading activities that could:

  • artificially raise the price of a security or
  • create a false appearance of active trading in the market by investors.

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