COMPLAINTS

The SEC’s Office of Investor Education and Advocacy (OIEA)receives many types of complaints from individual investors, including complaints against brokers,…

5 years ago

COMMITTEE ON UNIFORM SECURITIES IDENTIFICATION PROCEDURES (CUSIP)

The Committee on Uniform Securities Identification Procedures (CUSIP) number identifies most securities, including U.S. government and municipal bonds. CUSIP numbers…

5 years ago

COMMISSIONS

You will likely pay a commission when you buy or sell a stock through a financial professional.  The commission compensates…

5 years ago

CLOSING PRICE

"Closing price" generally refers to the last price at which a stock trades during a regular trading session. For many…

5 years ago

CLOSED-END FUNDS

A closed-end fund, legally known as a closed-end investment company, is one of three basic types of investment companies  The two…

5 years ago

CLEAN SHARES

A class of fund shares without any front-end load, deferred sales charge, or other asset-based fee for sales or distribution.  A broker…

5 years ago

CLASSES

Different types of shares issued by a single fund, often referred to as Class A shares, Class B shares, and…

5 years ago

CHURNING

A broker typically earns a portion of the commissions or other fees on each purchase or sale of securities that the brokerage…

5 years ago

CERTIFICATE OF DEPOSIT

A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period…

5 years ago

CD CALL PERIOD

Don't assume that a "federally insured one-year non-callable" CD matures in one year. It doesn't. These words mean the bank…

5 years ago