A wash sale is defined as the sale of an asset, such as stocks or bonds, at a loss, followed by the repurchase of the same or substantially similar asset within 30 days before or after the sale. This method is often used to realize a loss for...
securities
watered stock
Watered stock refers to shares issued by a corporation in exchange for assets that undercompensate for the stock’s value. This issue was prominent in the early 20th century when investors relied on the par value of stocks, which ensured a...
well-known seasoned issuer (WKSI)
Well-known seasoned issuer (WKSI) is a category of issuer which allows greater flexibility in accessing U.S. public markets.
Qualification as a well-known seasoned issuerFor an issuer to qualify as a WKSI, they must...
Wells Notice
A Wells Notice is a communication issued by the U.S. Securities and Exchange Commission (SEC) or FINRA to individuals or entities who are under investigation for potential violations of securities laws. The notice informs the recipients of...
Wells Submission
A Wells Submission is a formal written response provided by an individual or entity that is under investigation by the U.S. Securities and Exchange Commission (SEC) following receipt of a Wells Notice.
The Wells notice...