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Playlist Finance: Investing 37 videos

0
Finance: What is a 12b1 fee?
91 Views

What is a 12b1 fee? A 12b1 fee is paid on mutual funds. The fee is paid by investors and is used to market the mutual fund to other potential inves...

1
Finance: What are moving averages?
7 Views

What are moving averages? Moving averages are calculated using past stock prices in an attempt to determine future trends. It’s calculated by ave...

2
Finance: What is the Difference Between Load and No Load?
45 Views

What is the difference between load and no load? Load and no load are terms used for different mutual funds. Load mutual funds charge a fee or comm...

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Finance: What is Good Delivery? 11 Views


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Description:

What is Good Delivery? Good delivery just means that nothing gets in the way of a security transfer after a transaction is made. It’s kind of a dated term because everything is done electronically now but when trades were made using paper, issues with delivery were more common.

Language:
English Language

Transcript

00:00

Finance allah shmoop What is good delivery All right Well

00:07

here's bad delivery You have been there if a security

00:10

that's traded on an exchange meets the requirements toe permit

00:14

it to be transferred from seller to buyer While then

00:18

the transfer is said to be of good delivery When

00:21

it happens legal transfer happens with no hiccups and well

00:24

life is good But on the other hand if a

00:26

share of stock is say restricted as in a one

00:29

forty four a type situation so that it cannot be

00:33

transferred Well then good delivery of this share cannot be

00:36

realized Recall that a one forty four a restriction is

00:39

a common provisions that insiders like early investors and management

00:43

and founders of a recently i po'd company fall under

00:47

that is for a six months and change after the

00:49

company was first taken public they are restricted from being

00:53

able to transact in there stock They couldn't sell it

00:55

And nobody could take good delivery of those shares Well

00:58

why would there be a provisioned for good delivery in

01:01

the first place Well you can imagine that before the

01:04

various regulatory bodies took hold in america there was all

01:07

kinds of room for fast talking city slickers to sell

01:10

no value Floor tiles of blue sky too ignorant farmers

01:14

who really didn't know what they were buying or that

01:17

various legal hoops had to be jumped through first So

01:20

good delivery actually became a hurdle that brokerages and their

01:23

clients had to pay attention to And well let's hope

01:26

they get it better Then this ups guy We're still 00:01:29.509 --> [endTime] angry about our glasses Yeah

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