issuer
Sign in to savethumb|260px|Stock certificate issued by the Philadelphia, Germantown & Norristown Railroad, 1852 Issuer is a legal entity that develops, registers, and sells securities for the purpose of financing its operations.
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thumb|260px|Stock certificate issued by the Philadelphia, Germantown & Norristown Railroad, 1852 Issuer is a legal entity that develops, registers, and sells securities for the purpose of financing its operations.
Issuers may be governments, corporations, or investment trusts. Issuers are legally responsible for the obligations of the issue, and for reporting financial conditions, material developments, and any other operational activities as required by the regulations of their jurisdictions.