Final answer:
ADRs, or American Depositary Receipts, facilitate domestic trading of foreign securities in the US, are issued by domestic banks, receive dividends, and have no voting rights.
Step-by-step explanation:
ADRs, or American Depositary Receipts, facilitate domestic trading of foreign securities in the US. ADRs are issued by domestic banks and represent ownership of foreign stocks. They allow US investors to easily invest in foreign companies without having to deal with the complexities of foreign exchanges.
ADRs receive dividends from the foreign company and can be traded on US stock exchanges, making it more convenient for US investors to access international investments.
ADRs do not provide voting rights to the investors, as they represent indirect ownership of the underlying foreign securities.