Blue sky laws - Study guides, Class notes & Summaries

SIE Chapter 2 Latest Update Graded A+ Which government agency oversees the regulation of broker-dealers and aims to protect investors while ensuring fair and efficient trading in the primary markets? The Securities and Exchange Commission (SEC) What types of transactions fall under the SEC's jurisdiction? Transactions involving securities that occur across state lines What are Self-Regulatory Organizations (SROs), and give an example? Organizations like FINRA that oversee day-to-da...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - correct answer-NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 - correct answer-30/360 Blue-sky laws are regulated by which of t...

federal level regulation of investment advisors correct answers Investment Advisers Act of 1940 state level regulation of investment advisors correct answers Uniform Securities Act Uniform Securities Act of 1956 (USA) correct answers there were numerous state security laws (blue sky laws) and there was a need for uniformity in securities laws among states the term state means... correct answers any of the 50 states, ay territory or possession of the US, DC, Puerto Rico NASAA correct ...

Uniform Securities Act correct answers model legislation from 1956 administrator correct answers office or agency that has the complete responsibility for administering the securities laws of that state; has jurisdiction over all security activities in the state cease and desist correct answers used by administrator whenever it appears any registered person has engaged or is about to violate provisions of the USA. may be issued without prior hearing ; only applies to registered persons not...

"Blue sky" laws were established to protect small investors. - TRUE "D&O insurance" is a Direct Offering from the insurer to a second insurer. - FALSE "Ethics" now covers sourcing of products even several steps removed from the company's own production. - TRUE "Independent" labs such as UL, which are funded by industry, are suspect because of their funding. - FALSE "This is one of the finest vintages in the last 20 years!" - This statement creates an express warranty if it is s...

Administrator correct answers The office or agency that has complete responsibility for adminstering the securities laws of the state. -Has jurisdiction over virtually all securities activity that emanates from his state, and what is received in his state. -Can make rules and issues orders -Can deny, suspend, revoke registrations Cease and Desist Order correct answers used by the Administrator whenever it appears taht any registered person has engaged or is about to engage in any act or ...

What is the maximum amount of SIPC coverage available to each separate customer? -Correct Answer $500,000 including up to $250,000 in cash If a customer purchases securities and does not settle the account 4 business days, what should the brokerage firm do first? -Correct Answer Ask for an extension of time from the SRO or cancel the trade and sell off the purchased securities When must a customer who purchases securities in a cash or margin account pay for the securities? -Correct Answer ...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 - 30/360 Blue-sky laws are regulated by which of the following entities? SEC MSRB...

FINRA Practice SIE Exam QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+ The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - Answer NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actu...

Corporate Finance - ️️The finance function within a business. One of the three main areas of finance. Blue Sky Laws - ️️State laws that regulate the offering and sale of securities for the protection of the public. stock - ️️A share of ownership in a corporation. bonds - ️️Certificates of debt that carry a promise to buy back the bonds at a higher price equity financing - ️️money raised from within the firm, from operations or through the sale of ownership in the ...