Amending LiquidityLow DangerEnergetic

Secondary MarketsShort Terms

BusinessGovernmentPersons

Community equities market

Brings buyers and sellers jointly

Security exchange transactions

BusinessGovernmentEntities

loans for companies and the government

Bond buyers receive interest on their notes

Less default risk

BusinessGovernmentEntities

Investment in stock issued by another business.

BusinessGovernmentEntity

Kidwell, D. S., Blackwell, D. W., Whidbee, D. A., & Peterson, R.A. (2007). Financial Institutions, Markets, and Money (10th ed.). : John Wiley & Sons.

U.S. Securities and Exchange Commission, (2011). About the sec Retrieved from http://www.sec.gov/about/whatwedo.shtml

New York Stock Exchange. (n.d.). American Stock Exchange. Retrieved from http://www.nyse.com/pdfs/AmexTimeline.pdf