Dictionary
Thesaurus
Encyclopedia
Translator
Web

securities information center (sic)

 - 1 dictionary result
Financial Dictionary

Securities Information Center (SIC)

An organization established in 1977 to operate the Securities and Exchange Commission's Lost and Stolen Securities Program. Securities that are missing, stolen, lost, or counterfeit must be reported to the SIC, which maintains a database of lost and stolen securities. Investors who either have lost securities or have had securities stolen are normally required to purchase a surety or indemnity bond before a replacement security is reissued.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see securities information center (sic) on Thesaurus | Reference
FacebookTwitterFollow us: