Registered Security

A registered security is a security whose ownership is registered with the issuer. A registered security cannot be sold or transferred or delivered to another party unless certain sale restrictions are met or unless the owner of the registered security authorizes such a transfer. A registered security gives the issuer the information needed to pay dividends and deliver notices to the owner. Restricted stock is another name for a registered security. A registered security may also be a security with a registration statement filed with the SEC. A registered bond is also known as a registered security, where the bond’s owner is recorded with the issuer and the bond may only be transferred to another owner at the endorsement of the registered owner.