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Registered Security

FYI - For 2011, Dow up, Dogs of the Dow up more (double digits)
 

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.



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