No-Action Letter

No-Action Letter
The Federal Reserve, the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC) agrees to take no action to block a proposal by an exchange or company in conducting some aspect of the ...

No-action letter
A letter from the Securities and Exchange Commission agreeing that the commission will take no civil or criminal action against a party, regarding a specific activity.

No-Action Letter: An SEC letter sent in response to a written request for clarification of the legality of an activity saying that no civil or criminal action will be taken against an individual engaging in the specific activity questioned.

Safe harbour in patent law
The EU International Safe Harbor Privacy Principles
No-action letter in US regulation
Safe Harbor Certified Seafood ...

No-action letters are letters are inquiries sent by individuals or entities about a specified proposed conduct requesting that the SEC staff not recommend an enforcement action in the event that the proposed conduct occurs.

they do not invest in securities, commodity ETFs are not regulated as investment companies under the Investment Company Act of 1940 in the United States, although their public offering is subject to SEC review and they need an SEC no-action letter ...

No-Action Letter An SEC letter indicating that no civil or criminal action will be taken against an individual engaging in a particular activity. No-Fault A type of automobile insurance system used in some states to discourage lawsuits,...

See also: Securities, Exchange, Investment, Future, Market