{"schema":"https://ver.cy/schemas/card/1.0.0","id":"vr.tr.security-2","code":"thing-security-2","url":"https://ver.cy/models/thing/security-2/","name":"security","alternateNames":["penny stock","government security","agency security","mortgage-backed security","registered security","zero coupon bond","zero-coupon bond","share","certificate","scrip","stock certificate","stock"],"kind":"thing","status":"published","version":"0.2.0-wave.1","language":"en","classifiers":{"family":"Thing Registry","category":"Society, people and institutions","entryKind":"noun.possession","plane":"SOC","domain":["SOC.ECO"],"industry":[],"navPath":"","tags":["document"],"facets":{"substance":"social","origin":"conceptual","agency":"inert","mobility":"not-applicable","scale":"not-applicable","affordances":["readable"]}},"whatItIs":"A tradable financial instrument that documents a claim or ownership relevant to finance and investment, such as a share, bond, government security or mortgage-backed security; the holder has rights defined by its terms.","purpose":"Let an agent handle securities by type, issuer, identifiers and terms, give factual information only, and never give personalised investment advice or execute trades.","scope":{"in":[],"out":[],"boundaries":[]},"distinguishingFeatures":["A tradable instrument with defined rights","Regulated by securities law","Equity and debt securities differ fundamentally","Security as protection is a different sense"],"structure":{"bundles":[{"id":"identity","name":"Identity","description":"Which security.","layers":[{"id":"ids","name":"Identifiers","description":"ISIN, CUSIP, ticker.","findings":[{"id":"ids-finding","name":"Identifiers","description":"Identifiers.","questions":[{"text":"What are its ISIN and ticker?","kind":"provenance"},{"text":"Which exchange lists it?","kind":"provenance"}]}]},{"id":"issuer","name":"Issuer","description":"Who issued it.","findings":[{"id":"issuer-finding","name":"Issuer","description":"The issuer.","questions":[{"text":"Who issued it?","kind":"provenance"},{"text":"Is the issuer in good standing?","kind":"boundary"}]}]}]},{"id":"terms","name":"Terms","description":"Rights and features.","layers":[{"id":"type","name":"Type","description":"Equity, debt, asset-backed.","findings":[{"id":"type-finding","name":"Type","description":"Security type.","questions":[{"text":"What type of security is it?","kind":"definition"},{"text":"What rights does it give?","kind":"definition"}]}]},{"id":"features","name":"Features","description":"Coupon, maturity, voting.","findings":[{"id":"features-finding","name":"Features","description":"Key terms.","questions":[{"text":"What are its key terms, such as coupon, maturity or voting rights?","kind":"provenance"},{"text":"Where are they documented?","kind":"provenance"}]}]}]},{"id":"disclosure","name":"Disclosure","description":"Filings and information.","layers":[{"id":"filings","name":"Filings","description":"Prospectus and reports.","findings":[{"id":"filings-finding","name":"Filings","description":"Official filings.","questions":[{"text":"Which official filings describe it?","kind":"provenance"},{"text":"How recent are they?","kind":"provenance"}]}]},{"id":"risk","name":"Risk disclosures","description":"Stated risks.","findings":[{"id":"risk-finding","name":"Risks","description":"Disclosed risks.","questions":[{"text":"What risks does the issuer disclose?","kind":"provenance"},{"text":"Is it a complex or high-risk product?","kind":"boundary"}]}]}]},{"id":"limits","name":"Limits","description":"No advice, no trading.","layers":[{"id":"advice","name":"Advice","description":"Boundaries.","findings":[{"id":"advice-finding","name":"Advice limits","description":"What not to do.","questions":[{"text":"Is the user asking whether to buy or sell?","kind":"boundary"},{"text":"How should the agent decline and suggest a licensed adviser?","kind":"action"}]}]},{"id":"fraud","name":"Fraud","description":"Warnings.","findings":[{"id":"fraud-finding","name":"Fraud warnings","description":"Regulator warnings.","questions":[{"text":"Is there a regulator warning about this security or promoter?","kind":"boundary"},{"text":"Where can the user check?","kind":"action"}]}]}]}]},"agentConduct":{"may":["Report a security's identifiers, terms and published prices from official sources, with dates.","Explain in general terms what rights a type of security gives its holder."],"mustNot":["Buy, sell or transfer securities.","Give personalised investment advice or recommend specific securities to a person.","Spread false or misleading information that could move a security's price.","Trade or tip others on inside information."],"requiresHuman":["Any decision to buy, sell, hold or pledge a security."]},"ethics":{"considerations":["Misleading information about securities can wipe out people's savings.","Fair markets depend on equal access to material information."],"affectedParties":["Investors and savers","Issuers","Pension holders"]},"owners":{"steward":"The holder of record; the issuer defines its terms and a securities regulator oversees trading.","roles":[],"masterSystems":["Central securities depositories","Issuers' share registers"]},"relations":[{"target":"oewn-06491336-n","type":"parent","note":"registry parent class"},{"target":"document of title or financial instrument","type":"related","note":"claim"},{"target":"organization or government","type":"related","note":"issuer"},{"target":"ISIN","type":"related","note":"identifier"},{"target":"security as safety","type":"related","note":"a homonym"}],"interaction":{"identity":{"applicability":"required","items":["Vercy registry: vr.tr.security-2","Open English WordNet: oewn-13437518-n","ISIN: 12 characters, ISO 6166 international identifier","CUSIP: 9 characters North America","ticker: exchange-specific trading symbol"]},"properties":{"applicability":"not-applicable","items":[]},"recognition":{"applicability":"optional","items":["ISIN and ticker identifiers","Prospectuses and term sheets","Registered or bearer form","Usually electronic book entries; historically paper certificates."]},"capabilities":{"applicability":"required","items":["issue it, under securities law","hold and transfer it, through custodians and registers","trade it, on markets, only by the investor or their broker","research it, from filings and disclosures"]},"hazards":{"applicability":"required","items":["Presenting information as investment advice","Fraud such as pump-and-dump schemes in penny stocks","Confusing similar tickers","Stale prices"]},"interfaces":{"applicability":"required","items":["EU MiFID II and Prospectus Regulation","US Securities Act of 1933 and Exchange Act of 1934","ISO 6166 ISIN"]},"context":{"applicability":"required","items":["Raising capital for issuers and giving investors claims on returns.","equity securities: shares, penny stocks","debt securities: bonds, zero-coupon bonds, government and agency securities","asset-backed securities such as mortgage-backed securities","derivatives treated as securities in some regimes"]}},"sources":[{"title":"Open English WordNet 2024, synset oewn-13437518-n","url":"https://en-word.net/id/oewn-13437518-n","note":"sense and gloss of the concept"},{"title":"Wiktionary: security","url":"https://en.wiktionary.org/wiki/security","note":"word senses and usage"}],"openQuestions":["Should security types be separate entries?","How should agents present security data without advice?","How should delisted securities be recorded?"],"resources":{"spec":"/models/things/publications/thing-security-2/spec.json"},"provenance":{"origin":"thing registry research (pass 2)","builtFrom":["models/things/publications/thing-security-2/spec.json"],"providers":["Claude"],"researchStatus":"unreviewed","generatedAt":"2026-09-11T05:22:06Z","builder":"tools/build_cards.py@1.0.0"},"completeness":{"sections":{"classifiers":"filled","whatItIs":"filled","purpose":"filled","distinguishingFeatures":"filled","structure":"filled","agentConduct":"filled","ethics":"filled","owners":"filled","relations":"filled","interaction.identity":"filled","interaction.properties":"not-applicable","interaction.recognition":"filled","interaction.capabilities":"filled","interaction.hazards":"filled","interaction.interfaces":"filled","interaction.context":"filled","sources":"filled"},"notes":{"_gate":"Published through the thing publication gate 1.0 on 2026-10-07T12:16:35+00:00: completeness 1.00; sense: WordNet gloss; 2 live sources; review by codex: pass","interaction.properties":"Plane SOC: no invented physical properties."},"score":1.0}}