### Question
What is the definition of publicly traded securities?


### Answer
The definition of **publicly traded securities** is as follows in *26 U.S.C. § 1044*:

> securities which are traded on an established securities market

#### Citation:
  - *26 U.S.C. § 1044*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter O-Gain or Loss on Disposition of Property > PART III-COMMON NONTAXABLE EXCHANGES**

