regular dealer in securities
- regular dealer in securities
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A person or corporation licensed to deal and actually dealing with the general public in the purchase and sale of securities. Trading Associates Corp. v Magruder (CA4 Md) 112 F2d 779. A merchant of securities, whether an individual, partnership, or corporation, with an established place of business, regularly engaged in the purchase of securities and their resale to the public. Internal Revenue Code § 1236(c).
Ballentine's law dictionary.
Anderson, W.S..
1998.
Look at other dictionaries:
dealer — deal·er n: one that deals; specif: a person or entity that buys and sells securities for his or her or its own account and not for others compare broker Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
dealer — In the popular sense, one who buys to sell; not one who buys to keep, or makes to sell. One who purchases goods or property for resale to final customers; a retailer. See also retailer The term dealer means any person engaged in the business of… … Black's law dictionary
dealer — In the popular sense, one who buys to sell; not one who buys to keep, or makes to sell. One who purchases goods or property for resale to final customers; a retailer. See also retailer The term dealer means any person engaged in the business of… … Black's law dictionary
broker-dealer — USA Most securities firms function as both a broker and dealer, so they are referred to as broker dealers. A broker is any person engaged in the business of effecting transactions in securities for the account of others in exchange for a fee or… … Law dictionary
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Federal Reserve System — FRB and FED redirect here. For other uses, see FRB (disambiguation) and FED (disambiguation). Federal Reserve System … Wikipedia
security — /si kyoor i tee/, n., pl. securities, adj. n. 1. freedom from danger, risk, etc.; safety. 2. freedom from care, anxiety, or doubt; well founded confidence. 3. something that secures or makes safe; protection; defense. 4. freedom from financial… … Universalium
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium