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Tip of the Day

Tip of the Day Beware of Scams

Beware of Scams - You should always beware of scams, fraudulent practices, and these days, especially, there are plenty of them out there. Rule of thumb - if it...

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Corporate Securities Limited Representative

Corporate Securities Limited Representative - A Corporate Securities Limited Representative is an individual who has passed Series 62 exam, which is administered through the National Association of Securities Dealers. By passing, this exam the individual is given the right and license to trade asset backed securities, corporate bonds, common stock, preferred stock, money market mutual funds, plus privately issued real estate investment trusts, mortgaged backed securities, warrants, and rights. Brokers who wish to trade all securities, excluding the commodities futures, they must take a General Securities Representative Examination called the Series 7 exam, and in some states, a Series 63 examination.

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Definition of the Day Fringe Benefits

Fringe Benefits? - These are benefits paid to employees beyond their wages. Such benefits are not required and therefore at the discretion of the employer. This can involve things like paid vacations or sick days. For executives of a given corporation these benefits may extend to any number of additional...

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