Series 65: Global Depository Shares (GDSs)

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

Definition of the term Global Depository Shares (GDSs)...

depository receipts of foreign companies that are not issued in the United States. GDRs represent ownership in a foreign company and are marketed outside of both the company's home country and the United States.

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