Series 65: Letter Stock

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Letter Stock...

stock acquired from an issuer in a private placement or other exempt offering that can only be resold through a Rule 144 exemption. Also called restricted stock.

Since you're reading about Series 65: Letter Stock, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!