Definition of Registrar

Reistrar is an independent organization that accounts for all outstanding stock and bonds of an issuer.

Applying "Registrar" to Securities Exams:

When securities are issued and later traded in the secondary market it is important to ensure that additional securities are not inadvertently issued. The job of the registrar is to ensure that all securities are properly accounted for, duly issued and registered and to audit the transfer agent whose job it is to issue and cancel securities.

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