Series 66: Open-end Management Company

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Open-end Management Company...

a management company whose shares are not traded on the secondary market but are bought and sold directly from the fund and whose size varies with every purchase or sale.

Since you're reading about Series 66: Open-end Management Company, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!