New Issue.

An initial public offering (IPO) is the first sale of shares in a company to the public. A new issue is a security that has been created and sold for the first time. IPOs are typically underwritten by investment banks, who also help determine the offer price. What are the five types of securities? 1. … Read more

Series 26 Definition.

The “Series 26 Definition” is a term used to describe the content and format of the Financial Industry Regulatory Authority’s (FINRA) Series 26 examination. The examination is designed to test an individual’s knowledge of investment company products and their suitability for different types of investors. It is also intended to ensure that individuals who sell … Read more