Meaning Affirmative obligation
What does Affirmative obligation mean? Here you find 2 meanings of the word Affirmative obligation. You can also add a definition of Affirmative obligation yourself
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Affirmative obligationA New York Stock Exchange rule that governs the behavior of specialists. Affirmative obligation is the mandate of the specialists to step in and act as either the buyer or the seller when public inves [..]
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Affirmative obligationis a responsibility incumbent upon New York Stock Exchange (NYSE) specialists to ensure that a market for a stock still exists in the absence of sufficient supply or demand.
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