“PIPE” stands for “private investment in public equity.” In a PIPE offering, investors commit to purchase a certain number of restricted…
Defined benefit plans also are known as pension plans. Employers sponsor defined benefit plans and promise the plan's investments will…
The OTC Bulletin Board (OTCBB) (link is external) is an electronic quotation system that displays real-time quotes, last-sale prices, and volume information…
Options are contracts giving the purchaser the right – but not the obligation -- to buy or sell a security…
The costs a fund incurs in running the fund, including management fees, distribution fees, and other expenses.
The legal name for a mutual fund. An open-end company is a type of investment company.
An old stock or bond certificate may still be valuable even if it no longer trades under the name printed…
The disclosure document prepared by a bond issuer that gives detailed financial information about the issuer and the bond offering.…
A fund that does not charge any type of sales load. But not every type of shareholder fee is a…
An individual or entity who is not certain whether a particular product, service, or action would constitute a violation of…