Talk:Dollar-Denominated Negotiable Certificate

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Is this the same as an American Depositary Share? Sparky132 00:24, 14 February 2007 (UTC)[reply]

No, I think its the same as an American Depositary Receipt, and should be redirected ( and the link from ADR also corrected --JoseMires 19:03, 22 February 2007 (UTC)[reply]

  • I searched for ADR and this crappy page came up. Thought is this really all Wikipedia has on the subject. Thank god this talk page has the link to the real page - don't see why the ADR disambiguation page points to this s**t! --194.251.240.114 09:22, 21 March 2007 (UTC)[reply]
Removed redirect to ADR - A Dollar-Denominated Negotiable Certificate is the same as an ADR. A share or similar equity interest such as an ADR, that is issued by a corporation, and traded on a public exchange, is a security. As a security that is represented by a registered security certificate (not a bearer instrument), an ADR is governed under in the Uniform Commercial Code under Article 8 - Investment Securities. There is specific language in Article 8 explaining why negotiable certificates are not securities and as such, cannot be governed under Article 8. Negotiable certificates are governed under Article 3 instead. I don't think this article should have ever been redirected to ADR. I removed the redirect. See Talk:American depositary receipt page, where I wrote this out in more detail and cited sources to support my reasoning.--FeralOink (talk) 16:15, 8 April 2017 (UTC)[reply]
Next, I think this remaining no-content stub, titled Dollar-Denominated Negotiable Certificate should be deleted. The subject is already covered accurately by the current, broader-scoped Negotiable Instrument article. I will also check to see if there is any clean up to do in disambiguation pages, if I can figure out how to get this all to work correctly!--FeralOink (talk) 16:15, 8 April 2017 (UTC)[reply]
Instead of deleting this page, I redirected it to Negotiable Instrument. I anchored the redirect to the "In the U.S." section Negotiable_instrument#In_the_United_States, since this article (Dollar-Denominated Negotiable Certificate) referred specifically to U.S. dollars. Next, I will check that everything works right, and will clean up any loose ends.--FeralOink (talk) 17:13, 8 April 2017 (UTC)[reply]