Exam (elaborations)
Green Light 1 EXAM | Questions And Answers Latest {} A+ Graded | 100% Verified
- Course
- Institution
Green Light 1 EXAM | Questions And Answers Latest {} A+ Graded | 100% Verified
[Show more]
Content preview
Green Light 1 EXAM | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
A 529A or ABLE account is permitted for which of the following persons ?
A person who is receiving retirement benefits
A person who has a significant disability
A person who is a minor
A person who is saving for college - A person who has a significant disability
A registered representative has recently passed the Series 7 Examination . If the RR conducts business in
five states , she is required to:
Register in three of the five states
Register in all five states
Notify FINRA , but not required to register in any of the states OOO
Register in the states in which she has an office - Register in all five states
Which of the following is exposed to the greatest amount of capital risk ?
Equity options
Common stock
,Corporate bonds
American depositary receipts - Equity options
Which of the following statements is TRUE regarding the approval of an official statement ?
FINRA provides approval .
Official statements are not required to be approved by a regulator .
The MSRB provides approval .
The SEC provides approval . - Official statements are not required to be approved by a regulator
A broker - dealer's anti - money laundering ( AML ) compliance program must be approved :
In writing by a member of senior management
By FINRA and a member of senior management of the broker - dealer
By the SEC and the head of compliance for the broker - dealer
In writing by both the CEO and the CFO - In writing by a member of the senior management
If a registered representative terminates employment with a member firm , the jurisdiction of FINRA :
Remains effective for two years following termination
, Remains effective for five days following termination
Terminates upon the representative's resignation
Remains effective for 30 days following termination - Remains effective for two years following
termination
Broker - dealers are prohibited from which of the following activities ?
Advertising on television
Paying a media outlet to influence the price of a security
Paying a media outlet to list the names of their new financial advisers
Advertising on social media - Paying a media outlet to influence the price of security
A customer contacts her registered representative to buy an OTC stock . Rather than buying it directly
from a market maker , the broker - dealer contacts another broker - dealer , who buys it from a market
maker creating two levels of transaction fees . This is known as :
Churning
Free - riding and withholding
Backing away
Interpositioning - Interpositioning
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller oneclass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.48. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
66579 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now