### Question
How does SECURITIES EXCHANGES define publicly traded security?


### Answer
Under *15 U.S.C. § 78m*, **publicly traded security** is defined as:

> any equity security (including an option on individual equity securities, and an option on a group or index of such securities) listed, or admitted to unlisted trading privileges, on a national securities exchange, or quoted in an automated interdealer quotation system

#### Citation:
  - *15 U.S.C. § 78m*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

