The securities industry involves the creation and sale of different types of investments and contracts. These include debt and equity securities. Debt securities are the most common and are often referred to as “Treasury securities.” They are government-backed and offer a low level of risk. In addition, a number of companies issue equity or debt securities as a way to raise capital. Many people save for retirement by investing in debt or equity securities.
In the United States, public offerings of securities must be registered with the SEC or with the state securities departments. Some brokerage industries have taken on regulatory roles. The Financial Industry Regulatory Authority (FINRA) and the National Association of Securities Dealers are two examples. In 1946, the Supreme Court defined a security offering, stating that it must meet four criteria:
This Certificate of Completion in Securities Industry Essentials (SIE) program is designed to give students the knowledge and skills they need to work in the securities industry. The program teaches the basic concepts of capital markets, financial products, and risks. Students will also study the rules and regulations of the securities industry. The program is 60 hours long and includes employment assistance. It also has scholarships available for students who have a financial hardship. The program is open to anyone interested in a career in the securities industry.
Securities are basically any type of financial instruments that can be traded on a public exchange. They can represent ownership in a company and come in the form of stock shares. These shares may come with rights to vote in company elections and a portion of the profits. Other forms of securities include asset-backed securities and derivatives.
