Definition of RATTLY. : likely to rattle: making a rattle. See rattly defined for kids. ADVERTISEMENT.
Legal protection from a lawsuit. Regulators often apply safe harbor to some corporate actions as long as those actions are taken in good faith. 1. A regulation that protects individuals or corporations from the legal consequences of certain actions they undertake.
Answer: No. The Rule 10b-18 safe harbor only applies to open market purchases by an issuer of its common stock (or an equivalent interest, including a unit of beneficial interest in a trust or limited partnership or a depository share).