HOME / THE TAPE
Four tapes,
Four tapes,
forty-seven
lines.
Principal dealing on our own account, fee-paid advisory, fiduciary administration, and the machinery of the market itself — every line printed plainly, every side marked.
TAPE 01 · PRNCPL
Principal Dealing
LINES 1-01 – 1-09Positions taken for our own account — capital in the trade, risk on our side, dealings marked as principal.
1-01Own-Account ContractsInvesting in financial contracts on own account — principal positions.
1-02Investment ClubsInvestment club participation and pooled own-account investing.
1-03Mineral RoyaltiesMineral royalty and lease dealing — acting as principal to investors.
1-04Mortgage DealingBuying and selling mortgage instruments as a dealer.
1-05Oil Royalty DealingOil royalty dealing as principal in transactions with investors.
1-06Securities SpeculationSpeculative positions in securities for own account.
1-07Tax Lien DealingTax lien dealing as principal — acquisition and disposition to investors.
1-08Venture CapitalVenture capital participation in early-stage companies.
1-09Viatical SettlementsViatical settlement company services — life-policy transactions.
TAPE 02 · ADVSR
Advisory & Funds
LINES 2-01 – 2-16Customized, fee-paid counsel — planning, advice, and the management of funds and trusts for clients.
2-01Certified Financial PlanningCustomized certified financial planning — fees paid by client.
2-02Investment AdviceCustomized financial investment advice — fees paid by client.
2-03Financial PlanningCustomized financial planning services — client-paid fees.
2-04Advice ConsultingInvestment advice consulting — customized, client-paid.
2-05Advice CounselingInvestment advice counseling — customized, client-paid.
2-06Investment AdvisoryInvestment advisory services — customized, fee-paid.
2-07Investment ManagementDiscretionary investment management for client portfolios.
2-08Fund ManagementManaging investment funds for clients.
2-09Mutual Fund ManagementManaging mutual funds — portfolio management.
2-10Personal Investment TrustsManaging personal investment trusts for individuals and families.
2-11Trust ManagementManaging trusts — investment oversight of trust assets.
2-12Mutual Fund ManagingMutual fund portfolio management services.
2-13Pension Fund ManagingPension fund management — plan asset oversight.
2-14Personal Trust ManagingManaging personal investment trusts — discretionary programs.
2-15Portfolio Fund ManagingPortfolio fund management across mandates.
2-16Private Equity ManagingPrivate equity fund management — private market mandates.
TAPE 03 · FIDUC
Trust & Fiduciary
LINES 3-01 – 3-07Administration to the letter of the instrument — estates, escrow, custody, and nondepository trust work.
3-01Private Estate AdministrationAdministrators of private estates — settlement and oversight.
3-02Bank Trust OfficesBank trust office functions — fiduciary administration.
3-03Escrow AgenciesEscrow agency services — excluding real estate escrow.
3-04Fiduciary AgenciesFiduciary agency services — excluding real estate fiduciary work.
3-05Personal Trust AdministrationPersonal investment trust administration — trustee operations.
3-06Securities CustodySecurities custodian services — safekeeping and settlement support.
3-07Nondepository TrustTrust company services, nondepository — administration without banking.
TAPE 04 · MKTMC
Market Machinery
LINES 4-01 – 4-15The plumbing that keeps markets honest — clearing, quoting, transferring, and holding the paperwork that makes trades real.
4-01Crowdfunding FundraisingBusiness start-up fundraising using a crowdfunding platform.
4-02Exchange ClearinghousesClearinghouses for commodity exchange or securities exchange.
4-03Deposit BrokersDeposit broker services — placement and intermediation.
4-04Commodity ClearingExchange clearinghouses for commodities or securities.
4-05Gas Lease BrokersGas lease brokers' offices — lease transaction intermediation.
4-06Oil Lease BrokersOil lease brokers' offices — lease transaction intermediation.
4-07Protective CommitteesSecurity holders' protective committees — holder representation.
4-08Securities QuotationQuotation services for securities — price reporting.
4-09Stock QuotationQuotation services for stocks — market data reporting.
4-10Holders' ProtectiveSecurities holders' protective services.
4-11Securities TransferSecurities transfer agencies — registration and transfer.
4-12Stock Quotation ServicesStock quotation services — quote dissemination.
4-13Stock TransferStock transfer agencies — record and certificate transfer.
4-14Transfer AgenciesTransfer agencies for securities — agent-of-record services.
4-15Virtual Currency ClearingVirtual currency trading exchange clearinghouses.
Which tape
is yours?
Send the question — principal, advisory, fiduciary, or market-side — and we'll reply within one business day.
Send an Inquiry