Derek Moran
Jul 26, 2013 6:35 AM- A security indicates an interest
based on an investment in a common enterprise rather
than direct participation in the enterprise. Under an
important statutory definition, a security is any interest
or instrument relating to finances, including a note,
stock, treasury stock, bond, debenture, evidence of
indebtedness, certificate of interest or participation in
a profit-sharing agreement, collateral trust certificate,
pre-organization certificate or subscription, transferable
share, investment contract, voting trust certificate,
certificate of deposit for a security, fractional undivided
interest in oil, gas, or other mineral rights, or certificate
of interest or participation in, temporary or interim
certificate for, receipt for, guarantee of, or warrant or
right to subscribe to or purchase any of these things. A
security also includes any put, call, straddle, option, or
privilege on any security, certificate of deposit, group
or index of securities, or any such device entered into
on a national securities exchange, relating to foreign
currency.
Unique Facebook User ID:
Last Updated: Jul 26, 2013 6:35 AM
Type of Post:
Place of Post: