Series 66: Global Depository Shares (GDSs)

Taken from our Series 66 - NASAA Uniform Combined State 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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Solomon Exam Prep Study Materials for the Series 66
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