Brokerage firms, banks, transfer agents and corporations have procedures in place to help investors replace lost or stolen certificates. If…
Congress directed the establishment of the Lost and Stolen Securities Program (LSSP) to curtail trafficking in lost, stolen, missing, and…
The interest rates banks charge each other for short-term loans. LIBOR is frequently used as the base for resetting rates…
The amount that investors pay when they buy (front-end load) or redeem (back-end load) shares in a mutual fund, similar…
Before a company’s stock can begin trading on an exchange, the company must meet certain minimum financial and non-financial requirements,…
Liquidity generally refers to how easily or quickly a security can be bought or sold in a secondary market. Liquid…
A limit order is an order to buy or sell a security at a specific price. A buy limit order…
A diversified mutual fund that automatically shifts towards a more conservative mix of investments as it approaches a particular year…
An amount owed to a person or organization for borrowed funds. Loans, notes, bonds, and mortgages are forms of debt.…