|
|
 |
|
|
|
|
| no-ac·tion let·ter (plural no-ac·tion let·ters) |
noun |
|
| Definition: |
| |
notice of no legal action: a letter from the Securities and Exchange Commission sent in response to a request for information about the legality of a particular activity, saying that the SEC will not take legal action as long as the circumstances do not change
|
|
|
|
