The illegal practice of making a transaction that took place in after-hours trading appear to be executed during the regular trading session for the purpose of securing a better price. Late-day trading is prohibited by the Securities & Exchange Commission (SEC), but is sometimes carried out by certain funds.
Related information about late day trading:
- Late-Day Trading Definition | Investopedia
An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of a mutual fund) after the close of a trading day, but ...
- What is late-day trading? Why is it any different from buying and ...
Sep 20, 2003 ... Late-day trading is the illegal buying and selling of mutual funds after regular market hours. This practice is wrongful and therefore distinct from.
- Late-Day Trading - Financial Dictionary - The Free Dictionary
A practice in which a hedge fund buys or sells shares in a mutual fund after the end of a trading day, but asks the fund to record the transactions at the end of the ...
- Late-Day Trading Definition & Example | InvestingAnswers
We explain the definition of Late-Day Trading, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- What is late day trading? definition and meaning
Definition of late day trading: The illegal practice of making a transaction that took ... Late-day trading is prohibited by the Securities & Exchange Commission ...
- Late-Day Trading vs After-Hours Trading - Financial Web
Late-day trading and after-hours trading are often confused for one another. However, these are two completely different things that take place in the financial ...
- Late-Day Trading - The Blanch Law Firm, PC
Late-day trading defense attorneys at The Blanch Law Firm, P.C. provide aggressive legal defense counsel for those accused of securities crimes.
- Stock market slips slightly in late day trading | masslive.com
Sep 21, 2012 ... Despite the blip, the Dow Jones industrial average has climed nearly 1200 points in about three months.