Finra SIE Bundled Exams questions and correct answers

Which corporate voting procedures entitles a shareholder to one vote per share, and votes must be divided evenly among the candidates being voted on? - correct answers Statutory voting What market refers to the trading of exchange-listed securities in the over-the-counter market? These trades al...

What type of risk is unique to a specific industry, business enterprise, or investment type? - correct answers Nonsystematic risk Under which of the following circumstances is an investor in a position to acquire stock? - correct answers Buy a call, sell a call (The holder of a call has the rig...

A customer writes an MMM January 70 put at 6. The maximum potential gain on this position is - correct answers 600 Your customer is long 1 October 75 put at 2. The customer's maximum gain potential is - correct answers 7300 Large time deposits of more than $100,000 are considered to be foun...

purpose of securities industry - correct answers matching investors with money to issuers that need that money to finance issuer - correct answers legal entity that sells securities in order to finance its operations (business, governments) ie. us treasury, us gov agencies, foreign governments,...

Exempt Securities from SEC Registration - correct answers -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizatio...

What are statutory voting rights? - correct answers Allows the shareholder to vote one time per share for each seat on the board. If the investor owns 10 shares, she can use 10 shares to vote for position #1 and 10 shares to vote for position #2. What are cumulative voting rights? - correct ...