Authorized Investment

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Dictionary Says

Definition of 'Authorized Investment'

Dictated by state laws or by trust instruments designed to restrict the kinds and amounts of investments allowed within a trust. In most cases, an authorized investment list prevents aggressive or speculative investments and insures that the trust is conservatively managed. It is the responsibility of the trustee, or fiduciary, to comply with the list of authorized investments for the trust account involved.
Investopedia Says

Investopedia explains 'Authorized Investment'

While many states have abolished what was known as the "legal list" of investments permitted in trusts, there are still general rules that govern a fiduciary's investment choices and the management of trust assets. These rules are governed both by states and by the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC), and are usually arbitrated in the surrogate or probate courts.
Search results for

'Authorized Investment'

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    ... that the company has not issued more shares than authorized by its ... company's debts:
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    ... about all aspects of client information, unless specifically authorized in writing
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    ... Are US banks authorized to issue bank guarantees or medium term notes (MTNs ... Commission
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  • Series 65 Study Guide - Stocks and Mutual Funds - Common Stock ...

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    ... 7.3 Investment Adviser Duties; 7.4 Anti-fraud provisions and fiduciary duties; ... correct
    definition of Treasury stock is: Outstanding stock minus authorized stock; ...

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    ... Descriptive Share Terms: Authorized refers to the maximum number of shares an
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  • Series 63 Study Guide - The Foundation - The Uniform Securities ...

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    ... Securities listed or authorized for listing on the New York Stock Exchange (NYSE ...
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  • Series 66 Study Guide - Conflicts of Interest - Fiduciary Duties ...

    http://www.investopedia.com/exam-guide/series-66/conflicts-of-interest/fiduciary-duties.asp
    ... Fiduciaries have been legally appointed and authorized to hold assets ... Trustees, pension
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    ... Duty A fiduciary is a person legally appointed and authorized to hold ... Disclosure
    Investment advisers MUST disclose the nature of the relationship between the ...

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    ... Toward the end of 2010, Pfizer's (NYSE:PFE) board of directors authorized an 11 ... His
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