ADRs are used to facilitate which of the following types of trading? Domestic trading of US government securities Foreign trading of US government securities Foreign trading of domestic securities Domestic trading of foreign securities

Domestic trading of foreign securities

Which of the following is correct regarding exploratory wells? They are located in unproven areas They are located in areas with proven reserves They offer the smallest potential return They are the least risky of all oil and gas companies

They are located in unproven areas

An individual has already filed a U4 form but is now subject to statutory disqualification. Which reportable event triggered the disqualification? A felony charge for theft A felony conviction for driving under the influence (DUI) A written customer complaint alleging misappropriation of assets A personal bankruptcy file

A felony conviction for driving under the influence (DUI)

A customer wishes to pay her son's college tuition from her brokerage account. What must she do for the member firm to withdraw the funds? Offers to make a loan Requests over the phone a wire transfer of the funds to the college Provides the member firm with a copy of the tuition bill Requests in writing a wire transfer of the funds to the college

Requests in writing a wire transfer of the funds to the college

All of the following apply to preferred stock EXCEPT: Preferred shares are senior to common shares Preferred stock is often convertible to common shares All preferred stock is cumulative for past dividends and allows for a dividend catch up at some point in the future Preferred shares receive dividends prior to common stock when dividends are declared

All preferred stock is cumulative for past dividends and allows for a dividend catch up at some point in the future

Securities Markets Flashcards: Investment Vehicles & Regulatory Requirements

Flashcard

Learn Mode

Match

Library

Create

Flashcards

Library

Match (Coming Soon)

Finance - Personal Finance

charlotte1oxhi Created by 10 mon ago

Cards in this deck(75)

ADRs are used to facilitate which of the following types of trading?

All of the following are agency issues backed by government-guaranteed or insured mortgages EXCEPT:

Which of the following is correct regarding exploratory wells?

An individual has already filed a U4 form but is now subject to statutory disqualification. Which reportable event triggered the disqualification?

A customer wishes to pay her son's college tuition from her brokerage account. What must she do for the member firm to withdraw the funds?

Which of the following is an investment company with the objective of achieving the same return as a particular market index?

According to the Investment Company Act of 1940, what minimum percentage of a mutual fund's board of directors must be unaffiliated with the fund?

The total expenses divided by the average net assets is the formula used in determining a mutual fund's _____?

All of the following apply to preferred stock EXCEPT:

The amount of stock that a corporation is allowed to issue is called _____?

A customer placed a market order. What does this mean?

A registered representative would be required to notify a FINRA member firm about all of the following EXCEPT:

After receiving an initial privacy notice, a subsequent privacy notice should be provided to the customers _____?

In order to comply with FinCEN's anti-money laundering initiative, broker/dealers are required to _____?

Which of the following have currency risk?

FinCEN requires banks and broker/dealers to adhere to anti-money laundering (AML) rules, including _____?

Regarding UGMA and UTMA accounts, which of the following is FALSE?

Why is 'from' important in relation to 'with' and 'that'?

Which of the following is a possible benefit for an equipment leasing direct participation program?

The safekeeping of an investment company's cash and securities is the responsibility of the fund's _____?

The underwriting agreement is between whom?

The cyclical and constantly fluctuating nature of interest rates has the most direct impact on _____?

What type of risk is involved when an investor may sustain a loss if a security must be sold quickly?

A Series 6 Registered Representative may take a customer order for all of the following investments EXCEPT:

An investment adviser representative (IAR) has a friend who is affiliated with a broker/dealer and who makes commissions based on each transaction made. What is the IAR's duty regarding disclosures to her client?

Which of the following facts concerning UGMA accounts is incorrect?

When an entity makes a market in a particular security, it is deemed to be acting as _____?

Which is true regarding UGMA/UTMA accounts?

When a brokerage firm is acting as a dealer, it is acting in the capacity of a/an _____?

A US Government bond quoted at 108.06-109.09 has an ask price of _____?

What are the examples of customer in relation to call and following?

Which of the following entities manages federal finances?

An investor, who is short 20 DEF April 70 puts, enters an order to buy 10 DEF April 70 puts. This order is _____?

Which type of stock would a person own for the best assurance of receiving dividend income?

If a call holder chooses to exercise the call, the writer must _____?

Which of the following activities would NOT be considered to be insider information if shared between an individual who is an officer of a corporation and the registered representative who manages his personal investments?

When an option writer covers a position by purchasing an option it is (an) _____?

The options disclosure document of the Options Clearing Corporation (OCC) must be sent to the customer _____?

If an investor owns 150 shares of XYZ Corporation and the stock splits 3-for-2, how many additional shares will he own after the split?

Business Continuity Plans are required to address all of the following EXCEPT:

In June, a beneficiary inherited stock from his grandmother. She paid $35 per share in April; fair market value at the time of her death was $38 per share. The beneficiary has a cost basis of _____?

Which of the following is true about treasury stock?

US Treasury Bills have all of the following features EXCEPT:

Which feature of a callable bond specifies the call date and the call price?

What is the name of the rate that the Federal Reserve charges member banks for overnight loans?

What are the advantages of order in relation to customer and call?

UITs have fixed portfolios, which means that _____?

Which of the following statements is true with regard to ABLE accounts?

When are brokers/dealers required to file a Currency Transaction Report?

What are the examples of security in relation to must and except?

What type of annuity contract could act as a hedge against either inflation or deflation?

Which of the following positions is bullish?

Which of the following would require a change in registration on a customer's account?

How is investment in relation to preferred and stock?

Which of the following best describes a double-barreled bond?

Which of the following joint accounts is designed specifically for married couples?

Realized appreciation is _____?

A municipal finance professional (MFP) works for a broker/dealer seeking to underwrite a municipal securities offering by a local town. The mayor of the town is seeking re-election. The MFP, who lives in the town, contributed $100 to the mayor's re-election campaign 13 months ago. How much more can the MFP contribute without jeopardizing the broker/dealer's business?

All of the following are true of the organizational structure of a balance sheet EXCEPT:

After a company has streamlined its operations, one of its peripheral operations no longer fits in the newer business mode, so the company plans to sell it. This is called a _____?

When a market maker does not honor a published quote, that could be considered a market manipulation practice of _____?

Maximum civil and criminal penalties for an individual for insider trading violations are _____?

Which of the following represents the order in which market orders are filled?

XYZ stock is selling at $50 on September 30. All of the following options contracts are in the money EXCEPT:

Mrs. Johnson bought 200 shares of Intec at 18 in March. When she passed away in June, the market price of Intec was 21. What is the taxation to her daughter, who inherited the shares?

If an option contract is covered, this means that _____?

Which type of investment companies do NOT charge a management fee?

What percentage of a REIT's assets must be invested in real estate or real estate related products?

One of the significant advantages of investing in mutual funds is _____?

XYZ Corporation is a well-known seasoned issuer (WKSI) and is planning to expand operations. If XYZ does a shelf offering, how much time will it have to issue additional shares before it has to refile?

A grandfather wants to buy an annuity that will provide the best benefit to both his son and granddaughter. What annuity type would best suit his needs?

What is regular way settlement for Treasury bonds?

Which oil and gas program has the least capital risk?

The Insider Trading Act of 1988 has set guidelines for imposing penalties including civil actions in a federal court. The maximum penalty a court can impose for insider trading violations is _____?

Stock rights are _____?

Ask Our AI Tutor

Get Instant Help with Your Questions

Need help understanding a concept or solving a problem? Type your question below, and our AI tutor will provide a personalized answer in real-time!

How it works

Ask any academic question, and our AI tutor will respond instantly with explanations, solutions, or examples.

Get Started

Browse questions and discover topic-based flashcards
Practice with engaging flashcards designed for each subject
Strengthen memory with concise, effective learning tools

Discover By Topic

Securities Markets Flashcards: Investment Vehicles & Regulatory Requirements

Related Decks