### Question
Can you define what publicly traded security means?


### Answer
**Publicly traded security** is defined as the following in *15 U.S.C. § 78m*:

> 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 2A-SECURITIES AND TRUST INDENTURES > SUBCHAPTER III-TRUST INDENTURES**

