American Depository Receipt

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American Depository Receipt

n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.

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According to the SEC's orders, both Cantor Fitzgerald and BMO Capital obtained pre-released ADRs when they should have known that the pre-release transactions were not backed by foreign shares.
Heineken NV ADR (OTCQX: HEINY) and Experian PLC ADR (OTCQX: EXPGY) are two examples of ADRs.
"In today's action, we charge that Wedbush facilitated the issuance of ADRs that were not backed by ordinary shares," said Sanjay Wadhwa, Senior Associate Director of the SEC's New York Regional Office.
Various studies demonstrated that women have 1.5 to 1.7-fold higher risk of ADRs than men, and this difference was relatively consistent and found to be significant among adults across all age groups.
ADR is one of the biogenic amine receptor family members, the amino acid sequence of receptor protein can be divided into N-terminal, intracellular domain, C-terminal, conserved transmembrane domains and extracellular regions [20].
Tuberculosis requires prolonged treatment and some of the drugs may cause ADRs involving the GIT, liver, skin, nervous system, otovertibular apparatus and eyes.
In January, broker ITG settled charges for similar misconduct, and then faced additional charges in June involving the improper handling of ADRs. The SEC order found supervisory failures by Anthony Portelli, a former managing director and head of operations at broker-dealer ITG Inc.
Citi's Issuer Services business, acting through Citibank, N.A.(NYSE: C), has been appointed by China Rapid Finance Limited, a Cayman Islands exempted company with limited liability and operations in China, as the depositary bank for its American Depositary Receipt (ADR) programme.
We included pediatric patients <6 years of age without ADRs which were hospitalized at least 24 hours and had at least one prescribed medication.
Awareness " ADRs are one of the major public health issues responsible for morbidity and mortality.
He made the remarks while chairing a meeting about the problems being faced by the common man due to absence of a potent and meaningful system of Alternate Dispute Resolution (ADR) here on Friday.