I

#
A B C D E F G H I L M N O P Q R S T U V W Y Z
This annuity has no accumulation phase. Instead, you start receiving annuity payments right after you purchase the annuity.
An Immediate-Or-Cancel (IOC) order is an order to buy or sell a stock that must be executed immediately. Any portion of an IOC order that cannot be filled immediately will be cancelled. Learn More .
Impersonators may falsely claim to be affiliated with the SEC (or another federal government agency) in an attempt to steal your personal information or your money. Federal government agencies,...
An "index fund" describes a type of mutual fund or unit investment trust (UIT) whose investment objective typically is to achieve approximately the same return as a particular market index , such as...
Investors are sometimes surprised to learn the SEC does not have information about all companies that offer and sell securities. When a company conducts a registered offering or an exempt offering...
Before you invest in any traditional investment company —such as a mutual fund , closed-end fund , or unit investment trust (UIT) —you should read the fund’s prospectus and any other available...
An initial public offering, or IPO, generally refers to when a company first sells its shares to the public. For more information about IPOs generally, see our Investor Bulletin . You can also find...
The underwriters and the company that issues the shares control the IPO process. They have wide latitude in allocating IPO shares. The SEC does not regulate the business decision of how IPO shares...
No brokerage firm can guarantee you will be able to purchase shares in an initial public offering (IPO). While it can be difficult for individual investors to buy IPO shares, more firms, including...
Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other relationship of trust and confidence, on the basis of material, nonpublic information...
The price paid for borrowing money. It is expressed as a percentage rate over a period of time. Interest rates may be fixed, meaning the rate is set and will not change, or may be variable or "...
The Internet allows individuals or companies to communicate with a large audience without spending a lot of time, effort, or money. Anyone can reach tens of thousands of people by building an...
An interval fund is a type of investment company that periodically offers to repurchase its shares from shareholders. That is, the fund periodically offers to buy back a stated portion of its shares...
To engage in any activity in which money is put at risk for the purpose of making a profit.
The SEC’s Division of Enforcement conducts investigations into potential violations of the federal securities laws. Common violations include misrepresenting important information about potential...
An investment adviser is a person or firm that is engaged in the business of providing investment advice to others or issuing reports or analyses regarding securities, for compensation. Investment...
The Investment Adviser Public Disclosure (IAPD) database contains registration documents filed by investment adviser firms that register electronically using the Investment Adviser Registration...
The Investment Adviser Registration Depository (IARD ) functions as a one-stop electronic filing system for investment advisers. All SEC-registered investment advisers and investment advisers...
A company that issues and invests in securities. The three types of investment companies are mutual funds, closed-end funds, and unit investment trusts.
Bonds that are believed to have a lower risk of default and receive higher ratings by the credit rating agencies, namely bonds rated Baa (by Moody's) or BBB (by S&P and Fitch) or above. These...
The entity obligated to pay principal and interest on a bond.