What is quiet period? - Definition from WhatIs.com
Part of the Compliance glossary:

A quiet period is a measure of time during which corporate insiders are restricted from disclosing information relative to the performance or prospective performance of a company before that information is made public. 

Quiet periods are mandated in conjunction with initial public offerings (IPOs), earnings seasons and other events that have significance for investors. The purpose of the quiet period is to ensure that no one with inside information can selectively disclose it to give particular investors an unfair advantage. Buying and selling securities based on non-public information, known as insider trading, is illegal. 

Quiet periods for fiscal quarters and fiscal years commence on the day after the close of the quarter or year and end after financial results have been made public. Quiet periods are also known as "waiting periods." The term is sometimes confused with blackout period, a period of time during which corporate insiders are legally restricted from trading if they are in possession of relevant information that has not yet been made public. 

This was last updated in November 2013
Contributor(s): Ivy Wigmore
Posted by: Margaret Rouse

Related Terms

Definitions

  • chief data officer (CDO)

    - A chief data officer (CDO) is a C-level corporate executive who is responsible for an organization's data governance. The position is related to, but separate from, the job of the chief information... (WhatIs.com)

  • mass notification system

    - A mass notification system helps organizations send one-way alerts to staff and the public during a crisis situation. Notification can be triggered by humans, as well as sensing or security devices. (SearchDisasterRecovery.com)

  • Health IT (health information technology)

    - Health IT involves the use of electronic health records systems to improve medical care, coordination and research, patient engagement and safety, and provider reimbursement. (SearchHealthIT.com)

Glossaries

  • Compliance

    - Terms related to compliance, including regulatory definitions and words and phrases about governance and mitigating IT risk.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.