Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.
Search for a Term:

What is Gypsy Swaps?

Definition of Gypsy Swaps

In the context of Regulation D.A private purchaser wishes to invest directly in an issuer but hopes toacquire unrestricted securities. Through arrangements and understandings with theissuer, a stockholder with shares that are either restricted securities currentlyeligible for sale under Rule 144 or unrestricted securities sells the shares to theprivate purchaser. At about the same time, the issuer sells an equivalent number ofshares to the stockholder. The Securities & Exchange Commission's view is that the shares taken by the privatepurchaser from the stockholder will be restricted securities within the meaning ofRule 144(a)(3). The holding period will date to the private acquisition. A public resaleof the shares acquired from the stockholder without regard to the conditions of Rule 144 would raise serious issues under Section 5 of the Securities Act for all parties tothe transactions.
Do you have a question that has not yet been answered? Let us know.
Tel: +44 (0) 203 8794 460 or Email: support@advfn.com

FTSE 100 Index

FTSE 100 Index intraday chart

Gulf Keystone

Gulf Keystone Chart
 GKP Chart  GKP Chat
 GKP Share Price  GKP Level 2
 GKP Info  Free ADVFN account

Top Investment Questions