January 5, 2024
Rule 144: Handy Flow Chart!
Someone once told me that if you can understand Rule 144, you can conquer anything. It’s such a complex rule that we have an entire “Q&A Forum” dedicated to it! This 13-page Cleary memo can help you get your bearings, though. It walks through the various terminology and regulations that apply to resales of restricted & control securities – and has a handy one-page flow chart at the end for navigating Rule 144. It’s worth a bookmark!
– Liz Dunshee