block trade
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 4975 — for purposes of this section
The term “block trade” means any trade of at least 10,000 shares or with a market value of at least $200,000 which will be allocated across two or more unrelated client accounts of a fiduciary.
29 U.S.C. § 1108 — under this section
For purposes of this paragraph, the term “block trade” means any trade of at least 10,000 shares or with a market value of at least $200,000 which will be allocated across two or more unrelated client accounts of a fiduciary.