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Securities Industry Association (SIA)

Definition:

An association of broker-dealers who sell taxable securities, which lobbies the government, records industry trends, and keeps records of broker profits.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Common shares

In general, a public corporation has two types of shares, common and preferred. The common shares usually entitle the shareholders to vote at shareholders meetings. The common shares have a... Read More

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