Why Are Exceptions to the Warrant Requirement Sometimes Allowed

question 21

Short Answer

Why are exceptions to the warrant requirement sometimes allowed?

---

Definitions:

Ticker

An information transmission machine that has been replaced by electronic scrolling, which uses symbols to provide up-to-date information during the trading day.

Shares of XYZ

Refers to units of equity ownership in a corporation named XYZ, representing a fraction of the corporation's total capital.

Corporate Bond

A loan to a corporation; the corporation agrees to pay the bondholder back with interest, much like a bank pays a customer with money on deposit.

Interest Per Year

The annual amount of interest paid on an investment or loan, expressed as a percentage of the principal.