I came across the term 'posi' in a document and I'm not sure what it means. I tried searching for it online, but there are multiple possible meanings. Can someone help me understand what 'posi' stands for in this context?
6 answers
emma_rose_activist
Wed Nov 13 2024
POSI serves as an additional layer of security for investors, ensuring they have a safeguard in place should things go awry.
InfinityRider
Wed Nov 13 2024
Public Offering of Securities Insurance (POSI) is a financial instrument designed to protect investors in public securities offerings.
QuasarPulse
Wed Nov 13 2024
It provides coverage against potential losses arising from fraudulent activities or misrepresentations made by issuers.
Lorenzo
Tue Nov 12 2024
The insurance policy typically covers the entire duration of the securities offering, from the time of issuance to maturity.
GeishaCharming
Tue Nov 12 2024
Investors can purchase POSI separately or as part of a broader investment package, depending on their risk appetite and needs.