{
  "id": "BRD-049",
  "slug": "brd-049",
  "title": "Stock fields must be empty for non-public entities",
  "statement": "stockSymbol and stockExchange must be omitted entirely when the entity type is not PUBLIC_PROFIT.",
  "rationale": "A populated ticker on a private company is an internally contradictory registration, and vetting treats contradictions as failed identity verification rather than as a harmless extra field. It usually happens when a form is copied from a template or a previous registration.",
  "layer": "BRAND",
  "layerSlug": "brand",
  "object": "brand.stock_symbol + brand.stock_exchange",
  "severity": "HIGH",
  "detectability": [
    "DETERMINISTIC"
  ],
  "failureClass": "RETRY_FIELD",
  "authorities": [
    "TCR",
    "Twilio"
  ],
  "applicability": {
    "excludeEntityTypes": [
      "PUBLIC_PROFIT"
    ]
  },
  "applicabilityText": "Applies when the brand is NOT a public company.",
  "universal": false,
  "remediation": "Clear both stock fields. They apply only to publicly traded companies.",
  "example": "Stock symbol: (empty) · Stock exchange: (empty)",
  "phase": "approval",
  "automated": true,
  "url": "https://ekas.io/rules/10dlc/brand/brd-049/",
  "markdown": "https://ekas.io/rules/10dlc/brand/brd-049.md",
  "registry": "https://ekas.io/rules/10dlc/",
  "updated": "2026-07-25",
  "licence": "CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/"
}