Private Securities Litigation Reform Act (PSLRA) Definition

Private Securities Litigation Reform Act (PSLRA) Definition

What Is the Private Securities Litigation Reform Act (PSLRA)? The Private Securities Litigation Reform Act (PSLRA) is a piece of legislation passed by Congress in 1995 to stem the filing of frivolous or unwarranted securities lawsuits. The Private Securities Litigation Reform Act increased the amount of evidence that plaintiffs are required to present before filing

Public Definition

Public Definition

What Is Public? Public refers to anything that can be accessed by any person or group in the general population. In the context of investment and finance, the term is most commonly used to describe securities that are available on an exchange or an over-the-counter market, and the population who trades those securities. Key Takeaways

Prop Retailer Definition

Prop Retailer Definition

What Is a Prop Shop? A prop shop is a trading firm that deploys its own capital in pursuit of trading profits. ‘Prop’ is short for proprietary. A variety of trading strategies are employed by prop shops for assets ranging from basic liquid assets like stocks and bonds to complex securities such as collateralized debt