Stocks and Other Securities Policy
Stocks and Other Securities Policy
The sale of stock or security interests isn't allowed on WantAd.
The Financial Conduct Authority and Prudential Regulation Authority in the UK and the Irish Financial Services Regulatory Authority in
Ireland regulate the sale of stocks and other security interests that represent a current investment ownership interest in an entity. They
also regulate efforts by individuals to raise money or find investors for businesses.
Allowed:
Some business-related items are not "investments" and may be advertised for on WantAd. Here are some examples of items that can be sold in response to a WantAd advertisement:
• 100% of the assets of a business (inventory and plant) where no transfer of stock is involved
• Information about how to start a business
• Any sale of inventory or fixtures
• "Turn key" businesses, such as vending machines or windshield repair kits
Restricted:
Examples of stocks and securities that are restricted on WantAd:
• Collectable stock certificates must be cancelled or represent an interest in an entity that no longer legally exists and can't be
redeemed for cash or securities in any other company.
Not allowed:
Examples of stocks and securities that aren't allowed on WantAd:
• Documentation that represents proof of a current investment interest in any entity; for example, stocks, bonds, or investment
interests. This includes, but isn’t limited to, corporations or partnerships.
• Credit. As an example, you can't sell £1,000 in credit.
• Solicitations to invest money in any business venture.
• Any ongoing business if the sale involves a transfer of any shares or interests in shares or any loan stock or other form of
indebtedness in that business.