SEC Form X-17A-5

SEC Form X-17A-5

What is SEC Form X-17A-5 SEC Form X-17A-5 is a financial reporting form that all broker-dealers who are registered with the U.S. Securities and Exchange Commission (SEC) must complete. This form consists of three parts and contains an annual audit that must be performed by a certified public accountant (CPA). Breaking Down SEC Form X-17A-5 SEC Form X-17A-5 must be

Secondary Mortgage Market: Definition, Function, and Example

Secondary Mortgage Market: Definition, Function, and Example

What Is the Secondary Mortgage Market? The secondary mortgage market is a marketplace where home loans and servicing rights are bought and sold between lenders and investors. A large percentage of newly originated mortgages are sold by the lenders who issue them into this secondary market, where they are packaged into mortgage-backed securities and sold

Secondary Stock

Secondary Stock

What Is a Secondary Stock? A secondary stock is a public stock listing that is generally considered to be riskier than blue chips because it has a smaller market capitalization. The stock can relate to any type of company, in any industry. The primary definer of a secondary stock is the company’s market cap, with

SEC Form F-8 Definition

SEC Form F-8 Definition

What Is SEC Form F-8? SEC Form F-8 is a regulatory filing with the Securities and Exchange Commission (SEC) by publicly-traded Canadian issuers to register securities offered in business combinations, mergers, and exchange offers requiring a shareholder vote. SEC Form F-8 may only be used if a circular for a takeover or a business combination is previously prepared. Securities registered