Transfer of shares of limited liability company is that the shareholders transfer their own shares to others, and it is a legal action of others made equity qualified of shareholders.

有限责任公司股权转让是股东依法将自己的股权转让给他人，使他人取得股权和股东资格的法律行为。

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Article 7 Issuers of stocks must be companies limited by shares qualified to issue shares.

第七条股票发行人必须是具有股票发行资格的股份有限公司。

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They are in fact qualified professionals who buy and sell shares on behalf of investors.

实际上，他们是合资格的专业人士，他们以投资者的利益买卖股票的。

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Many, but not all, preferred shares produce qualified dividend income that is taxed at a preferential rate of up to 20% versus the ordinary-income rate of as much as 39.6%.

WSJ: For Investors Seeking Income, Preferred Stock May Make Sense

"In an open-IPO auction--as its name implies--any qualified investor can open an account and bid for shares, " says Gregory Hartmann , Hambrecht's general counsel.

FORBES: A Better, More Honest IPO

Non-qualified 8-year options for 1.9 million shares.

FORBES: Connect