Examlex
Which of the following statements about industry self-regulation regarding privacy is not true?
Warrant
A financial instrument that gives the holder the right, but not the obligation, to buy a company's stock at a specific price before a certain date.
Convertible Bond
A financial instrument that can be transformed into a certain number of the issuer's shares at various points in its existence, most often per the discretion of the individual possessing the bond.
Putable Bond
A type of bond that gives the holder the option to require the issuer to repurchase the security before its maturity date at a predetermined price.
American Options
Financial derivatives that can be exercised by the holder at any time before they expire.
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