Securities Available to Trade. Teams may trade only stocks and mutual funds listed on the NASDAQ Stock Market and the New York Stock Exchange and a pre-determined group of investment-grade (S&P rating of BBB or higher) municipal, corporate, and Treasury bonds. Teams cannot trade over-the-counter or “pink sheet” stocks since they often price incorrectly. In addition, extremely volatile stocks or stocks that trade infrequently are not permitted and may be liquidated to protect portfolio stability. SIFMA Foundation reserves the right to cancel transactions in these securities.
Appears in 5 contracts
Samples: Teacher Role & Agreement, Teacher Role & Agreement, Teacher Role & Agreement
