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Tip of the Day Negotiate Fees

Negotiate Fees - We all have certain services that we require and use monthly, so we can all negotiate with these service providers to get them to lower the fees...

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Penny Stock Reform Act of 1990


Penny Stock Reform Act of 1990 - In 1990, United States Congress brought into effect this act which was designed to force brokers and penny stock dealers to gather and keep information about any person who wanted to purchase penny stocks. This information was then utilized to determine the possibility of fraud, and allowed the Securities and Exchange Commission, known as the SEC, to be able to determine whether the purchaser was attempting to manipulate the price of penny stocks or otherwise alter the appearance of the value of the stock. This was primarily to protect beginning investors from abuse by unethical experienced dealers and brokers.

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Definition of the Day Organized Securities Exchange

Organized Securities Exchange - Organized Securities Exchange is a securities marketplace where the purchasers and the sellers regularly gather to trade securities according to the formal rule adopted by the exchange. It is facility for the organized trading of securities. The major national exchanges are the American Stock Exchange, the...

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