MLchartDataset catalogue

Investor Protection Guide: Auction Rate Securities

Term · Law · MLC-T-LAW-002758

Debt instruments with interest rates that are reset periodically through a Dutch auction process. These securities were marketed as highly liquid, but the market for them collapsed in 2008, leaving many investors unable to sell their holdings. Regulatory bodies like the SEC investigated firms for misrepresenting their liquidity.

Table 1. Record
IdentifierMLC-T-LAW-002758
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002758",
  "term": "Investor Protection Guide: Auction Rate Securities",
  "field": "Law",
  "definition": "Debt instruments with interest rates that are reset periodically through a Dutch auction process. These securities were marketed as highly liquid, but the market for them collapsed in 2008, leaving many investors unable to sell their holdings. Regulatory bodies like the SEC investigated firms for misrepresenting their liquidity.",
  "url": "https://mlchart.com/terminology/law/investor-protection-guide-auction-rate-securities/"
}

Record 2,686 of 5,441 in Law terminology (MLC-0107). Request the full dataset.