SIE Practice Exam Questions and
Answers 100% Pass
What advantages can investors gain by purchasing company shares?
An increase in share value
Receiving dividends from company profits
What is the term for an offering where existing shareholders sell their shares to the public for the
f...
1 SIE Practice Exam Questions and Answers 100% Pass What advantages can investors gain by purchasing company shares? ✔✔An increase in share value ✔✔Receiving dividends from company profits What is the term for an of fering where existing shareholders sell their shares to the public for the first time? ✔✔A secondary offering Which of the following represents a debt security without collateral backing? ✔✔Debenture ✔✔Income bond What do we call mutual funds that are sold directly to investors without using underwriters or imposing sales fees? ✔✔No-load funds 2 During the cooling -off period, what can underwriters do regarding new securities? ✔✔They cannot take purchase orders but can gather interest indications for potential future buys What is the primary aim of the Customer Identification Program under the USA PATRIOT Act? ✔✔To prevent financing of terrorism ✔✔To fight money laundering Which individual s are required to complete the firm element of continuing education in a brokerage firm? ✔✔Those who interact directly with clients If an August 15 call option was sold for $400 and expires unexercised, what does the seller keep? ✔✔The $400 re ceived from writing the option Which of the following services is NOT provided by mutual funds to investors? ✔✔Physical custody of the fund’s cash and securities In a limited partnership (LP), which statement is accurate?
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