Summary: We discuss how common stocks are created, the rights and terms that describe common stock such as preemptive rights, cumulative voting, and various terms that must be understood in order to pass the FINRA Series 7 Examination. If you would like to purchase the full 37 min. video that covers the topic of common stocks and what you would need to know on this topic for the series 7 examination. The suggested price for the video is $4.99. However, you may pay what you think it is worth by clicking the link below. Series 7 Podcast Video Episode 1 Common Stocks Be sure to sign up for your free study outline. at http://www.series7podcast.com After listening to this episode you should understand the following concepts: How a stock created. What is the difference between part, and no par stock. What are rights issues What are the terms associated with a rights offer. What are the formulas used to calculate the value of a right. What is a registrar. What is a transfer agent. What do the stockholder records show and when do you have a right to inspect the stockholder records What is authorized stock. What is issued stock. What is treasury stock Is treasury stock used in the calculation of earnings per share? What are physical and book entry certificates. What is statutory voting. What is cumulative voting. What are proxies. What are the corporate distribution procedures. Declaration date Record date Payable date preemptive rights What are the various stockholder rights, including The right corporate distributions. Preemptive rights. Right Corporate assets upon dissolution. Right to inspect records and books. Right to vote Items that require a stockholder vote
