Series 66: Government-Sponsored Enterprises (GSEs)

Taken from our Series 66 Online Guide

Government-Sponsored Enterprises (GSEs)

Government-Sponsored Enterprises (GSEs) are privately-owned, corporate entities that are chartered by the federal government. Their purpose is to direct funds into areas of national importance where borrowing is in high demand but lending may be scarce.

GSEs are given certain privileges not provided to private corporations. They do not have to pay state and local taxes and are exempt from SEC oversight. They have access to a stand

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