SEC Form 305B2

A A A

DEFINITION

The application for the designation of a new trustee. SEC Form 305B2 is an initial statement filed with the SEC that contains any pre-effective amendments. This form allows for a designation of a trustee under the Trust Indenture Act.

INVESTOPEDIA EXPLAINS

This form is required under the Trust Indenture Act of 1939. It must be filed electronically using the EDGAR system per SEC guidelines. The Trust Indenture Act of 1939 supplements the Securities Act of 1933 with regard to debt securities.




RELATED TERMS
  1. SEC Form 1-E

    A notification form required by the SEC. This form lists all relevant information ...
  2. SEC Form F-1

    A filing with the Securities and Exchange Commission (SEC) required for the ...
  3. Electronic Data Gathering, Analysis ...

    The electronic filing system created by the Securities and Exchange Commission ...
  4. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities markets ...
  5. Comprehensive Automated Risk Data ...

    The Comprehensive Automated Risk Data System (CARDS) is an initiative by the ...
  6. Baked In The Cake

    Projections, expectations and other news items that are already reflected in ...
  7. Hospital Visitation Authorization

    A document that indicates who is allowed to visit a patient in a hospital or ...
  8. Restricted Stock

    Insider holdings that are under some other kind of sales restriction. Restricted ...
  9. Sick Industrial Companies Act (SICA)

    A key piece of legislation dealing with the issue of rampant industrial sickness ...
  10. Red Herring

    A preliminary prospectus filed by a company with the Securities and Exchange ...
Related Articles
  1. SEC Filings: Forms You Need To Know
    Investing Basics

    SEC Filings: Forms You Need To Know

  2. Policing The Securities Market: An Overview ...
    Investing Basics

    Policing The Securities Market: An Overview ...

  3. Where can I find a company's annual ...
    Investing

    Where can I find a company's annual ...

  4. What parties are involved in the creation ...
    Investing

    What parties are involved in the creation ...

  5. When, Why And How To File A Complaint ...
    Credit & Loans

    When, Why And How To File A Complaint ...

  6. Understanding The Top SEC filing forms
    Investing Basics

    Understanding The Top SEC filing forms

  7. How A Company Files With The SEC
    Investing Basics

    How A Company Files With The SEC

  8. Day Trading Rules For Rookies: Don't ...
    Active Trading Fundamentals

    Day Trading Rules For Rookies: Don't ...

  9. Eight Financial Safeguards If Disaster ...
    Personal Finance

    Eight Financial Safeguards If Disaster ...

  10. Pot Stock Pitfalls To Watch For
    Investing News

    Pot Stock Pitfalls To Watch For

comments powered by Disqus
Hot Definitions
  1. Genuine Progress Indicator - GPI

    A metric used to measure the economic growth of a country. It is often considered as a replacement to the more well known gross domestic product (GDP) economic indicator. The GPI indicator takes everything the GDP uses into account, but also adds other figures that represent the cost of the negative effects related to economic activity (such as the cost of crime, cost of ozone depletion and cost of resource depletion, among others).
  2. Accelerated Share Repurchase - ASR

    A specific method by which corporations can repurchase outstanding shares of their stock. The accelerated share repurchase (ASR) is usually accomplished by the corporation purchasing shares of its stock from an investment bank. The investment bank borrows the shares from clients or share lenders and sells them to the company.
  3. Microeconomic Pricing Model

    A model of the way prices are set within a market for a given good. According to this model, prices are set based on the balance of supply and demand in the market. In general, profit incentives are said to resemble an "invisible hand" that guides competing participants to an equilibrium price. The demand curve in this model is determined by consumers attempting to maximize their utility, given their budget.
  4. Centralized Market

    A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.
  5. Balanced Investment Strategy

    A portfolio allocation and management method aimed at balancing risk and return. Such portfolios are generally divided equally between equities and fixed-income securities.
  6. Negative Carry

    A situation in which the cost of holding a security exceeds the yield earned. A negative carry situation is typically undesirable because it means the investor is losing money. An investor might, however, achieve a positive after-tax yield on a negative carry trade if the investment comes with tax advantages, as might be the case with a bond whose interest payments were nontaxable.
Trading Center