Brokers had to physically exchange certificates, which required them to employ people to carry certificates and checks. The process for transferring securities also relied heavily on physical recordkeeping. The
An initial public offering (IPO), refers to the process of offering shares of a private corporation to the public in a new stock issuance. IRA An individual retirement account (IRA), is a tax-advantaged investing tool that individuals use to earmark funds for retirement savings. ISC The ...