Summary

This work aims to offer a comprehensive guide to investments and their markets. The authors present a contemporary look at all of the major investment securities, products, regulations, and the technical aspects of issuing, trading, clearing, regualtions, rules and taxes. This work does not focus on get-rich-quick schemes, nor does it concentrate on computational tools used in security analysis. Rather, this reference covers everything from a general overview of the securities markets to the trading mechanics and trading styles of stock selection and treasury securities. Liaw and Moy also explain the differences between individual and institutional investment objectives, asset location and portfolio management issues, and SEC regulations.