RE:RE:RE:RE:RE:RE:RE:RE:It's Friday shorties ! better cover before the weekend,rapid_fire_ wrote: Bio - can you clarrify what an ADR is, and stands for , and what its mechanisms are ? Im unfamiliar
RABID you know how to use GOOGLE right ??? You seem to try to come across as Knowing everything about everything ????? Here I hope this helps ////////////////////////. BREAKING DOWN 'American Depositary Receipt - ADR' American depositary receipts were introduced in 1927 as an easier way for U.S. investors to purchase stock in foreign companies. Non-U.S. companies also benefit from ADRs as it makes it easier to attract American investors. Before ADRs existed, if American investors wanted to purchase shares of a non-U.S. listed company, they had to buy the shares on international exchanges. Purchasing shares on international exchanges has potential drawbacks, particularly currency exchange issues and regulatory differences. Publicly traded companies have to answer to regulatory bodies with jurisdiction over their country. In the United States, the regulatory body is the Securities Exchange Commission (SEC), which works to protect investors. The regulatory bodies implement and enforce rules on companies including how companies should present pertinent financial information. Before investing in an internationally traded company U.S. investors had to familiarize themselves with the different rules, or they could risk misunderstanding important information such as the company's financials. Read more: American Depositary Receipt (ADR) https://www.investopedia.com/terms/a/adr.asp#ixzz57OEcMk7y Follow us: Investopedia on Facebook