"Restricted Periods" are discussed in Standard IV (B.4), Priority of Transactions. Another name for restricted periods is ________ periods.

"Restricted Periods" are discussed in Standard IV (B.4), Priority of Transactions. Another name for restricted periods is ________ periods.
A . blackout
B . restrained
C . none of these answers
D . captive

Answer: A

Explanation:

Firm procedures should prevent managers or employees from initiating trades in a security for which their firms have a pending buy or sell order within a 24- hour period. Firms must determine specific requirements relating to such blackout, or restricted periods.