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Boiler room

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  • A boiler room is a room where a boiler is kept, it may also refer to:
  • Boiler room (building), building's mechanical room
  • Boiler room (ship), ship's engine room
  • Boiler room (business), telemarketing company
  • Boiler Room (film), a 2000 U.S. film
  • "The Boiler Room", episode of the Tanner '88 television series
  • "Boiler Room (band)"
  • In Securities law, the "Boiler Room" activities consist essentially of offering to customers securities of certain issuers in large volume by means of an intensive selling campaign through numerous salesmen by telephone or direct mail, without regard to the suitability to the needs of the customer, in such a manner as to induce a hasty decision to buy the securities being offered without disclosure of the material facts about the issuer. (Malvern Trading Corporation Limited-Broker-Dealer (1952), OSCB Vol. 4 at page 6)