Series 7: 1.2.2.6 Transfer Right

1.2.2.6  Transfer Right

Common stockholders also have the right to sell or transfer their shares in the public market at will. Once shares have been issued and purchased in the primary market, they may be freely traded in the secondary market. Here, stocks may be bought and sold at auction on an exchange, such as the New York Stock Exchange, or they may be bought and sold at negotiated prices in the over-the-counter market.