Method and system for issuing convertible preferred securities

摘要

A convertible security issued by a financial institution. The security comprises a conversion price, and a provision that allows call of the convertible security only after a predetermined period. The security also comprises a provision that allows conversion of the convertible security if a trading price of shares of common stock of the financial institution is greater than the conversion price or some other level. The security also comprises a provision that allows call or conversion of the convertible security only after approval by a regulatory agency.