Immediate Family

Parents, brothers, sisters, children, relatives supported financially, father-in-law, mother-in-law, sister-in-law, and brother-in-law. This definition is incorporated in the National Association of Securities Dealers Rules of Fair Practice on abuses of hot issues through such practices as Freeriding and Withholding. The ruling prohibits the sale of such securities to members of a broker-dealer's own family or to persons buying and selling for institutional accounts and their families.