Identification
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Definition
This industry comprises establishments primarily engaged in underwriting, originating, and/or maintaining markets for issues of securities, or acting as agents (i.e., brokers) between buyers and sellers in buying or selling securities on a commission or transaction fee basis. Investment bankers act as principals (i.e., investors who buy or sell on their own account) in firm commitment transactions or act as agents in best effort and standby commitments. This industry also includes establishments acting as principals in buying or selling securities generally on a spread basis, such as securities dealers or stock option dealers.
Examples
- • Bond dealing (i.e., acting as a principal in dealing securities to investors)
- • Mutual fund agencies (i.e., brokerages)
- • Securities brokerages
- • Securities underwriting
- • Stock brokerages
- • Stock options dealing
Class Relationships
Sub Class Of
Is Defined By
https://www.naics.com/six-digit-naics/?code=523150
See Also
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Parent Class Of 0
- • None
Class Hierarchy Visualization
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Additional Information
Metadata
Comment
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Description
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Notes
- • None
Editorial Information
History Note
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Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available