Series 79: Reference Security

Taken from our FINRA Investment Banking Exam

Definition of the term Reference Security...

a security that another security can be converted into or exchanged for. For example, if convertible bonds convert into shares of the issuer’s common stock, the common stock is the reference security.

Since you're reading about Series 79: Reference Security, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 79
Please Enable Javascript
to view this content!