NuTrend Clothing Corporation is a public company whose securities are traded among investors. Under the Securities Act of 1933,a security is

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The Securities Act of 1933 defines a security as "any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement… investment contract, [or] any security representing a share of, or interest in, an enterprise." This broad definition includes almost any stake in the ownership or debt of a company, including stocks, bonds, and other forms of equity and debt.

NuTrend Clothing Corporation Is a Public Company Whose Securities Are