A firm is a player in a public presenting. To sell a good sized quantity of the securities to its
clients, the company agrees to repurchase the shares at no less than the unique cales rate.
Such agreements are:
A. Prohibited as fraudulent and manipulative
B. Permissible if the securities are deposite into escrow
C. Prohibited except the company at once units apart finances for the repurchase
D. Permissible if the clients hold the proper to sell the securities into the open market - ANS-A.
Prohibited as fraudulent and manipulative
A married couple who earned profits that exceeded $three hundred,000 in each of the prior
years and affordable expects the equal for the modern year is:
A. A qualified investor
B. An accredited investor
C. An institutional investor
D. A qualified institutional purchaser (QIB) - ANS-B. An accredited investor
A registered representative (RR) who wants to region a mutual fund advertisement have to
acquire written approval from which of the following events?
A. FINRA
B. Each State's securities administrator
C. A registered foremost of the RR's firm
D. The funding management department of the suitable local SEC office - ANS-C. A registered
fundamental of the RR's company
A transaction in which a writer covers a position with the aid of buying an alternative is referred
to as:
A. A remaining sale
B. A ultimate buy
C. An commencing Sale
D. An beginning buy - ANS-B. A closing purchase
All of the following risks follow to both foreign and domestic gadgets *except:*
A. Political
B. Exchance
C. Repayment
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