How does the SEC define "de minimis"?

Annapolis, MD Viewed 106 times. Posted 7 months ago in Financial Markets And Services
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The Arizona Stock Exchange was not subject to regulation. How does one qualify?
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Jonathan H Levy

Jonathan H Levy Avvo Pro

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This attorney is licensed in California and 1 other state. Posted 6 months ago. Flag as objectionable
De minimis non curat lex means the law does not take notice of a small or trifling matter. De minimis is a legal term not a rule per se, to answer your question one would need to the exact SEC rule involved.
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