Securities act of 1933 Study guides, Class notes & Summaries

Employee Benefit and Retirement Accounts - Answer-Which of the following types of accounts make up the majority of non-managed asset products? Investment Management & Advisory Accounts - Answer-Which of the following types of accounts make up the majority of managed asset products? Legislation - Answer-_______________is a law which has been enacted by a legislature and signed into law by the governor or president. Regulation - Answer-___________ is a rule created by an administrative agenc...

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...

Securities Industry Essentials Comprehensive Cert. Exam (2024) || With 100% Accurate Solutions Securities Industry Essentials Comprehensive Cert. Exam (2024) || With 100% Accurate Solutions Which are the safest of all securities? - ANSWER - U.S. government securities such as Treasury notes (T-notes): they're backed by the fact that the government can always print more money to pay off the securities that it issues How do you determine current yield? - ANSWER - current yield = (annual int...

Series 79Don’t have to register securities if - correct answer 1. securities are exempt 2. Transaction is exempt C Corp - correct answer Big corp Can file to be public Does not pass through gains & losses to shareholders (pays corporate income tax) Anyone can invest Taxed at favorable rates if held for more than 1 year S Corp - correct answer Small corp Max 100 shareholders Ineligible to list on exchange PAss through gains & losses to shareholders (does not pay cor...

IACCP (MASTER TERMS) LATEST UPDATED 2024/2025 Assignment - Correct Answer Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - Correct Answer A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) Wh...

Definition of Security correct answers 1. Investment of money 2.In a common enterprise 3. With an expectation of profit 4.Results solely from the efforts of others What are considered securities? correct answers 1. Stock 2. Bond 3. Debenture 4. Right or warrant 5. Note 6. Put, call, straddles, privileges on securities or other option 7.Limited Partnership interest 8. Certificate of interest in a profit-sharing agreement 9.Treasury Stock 10. Evidence of indebtedness 11. Collatera...

Poss. Test Questions & Answers 2024 A 68 year-old client of yours indicates that he is interested in changing the portfolio mix of his IRA to become largely invested in noninvestment grade bonds. You would probably infer from this that the client: - ANSWER-A) has insufficient retirement savings. Most studies have indicated that seniors with insufficient retirement savings attempt to compensate by being tempted to reach for higher yields to maximize retirement income without full conside...

Business Law for Accountants - D216 Western Governors University WGU Final guide with complete soluti Scienter Answer - A person has knowledge of wrongdoing and intent of wrongdoing Sox act of 2002 Answer - created the public company accounting oversight board, It states high level managers (CFO, CEO, Senior roles) must maintain an effective system of internal controls. Internal controls get checked by senior management annually Outside Directors Answer - oversee the accounting process...

"Fair-Disclosure Rule" (Regulation FD) - Federal securities regulation that requires publicly traded companies to distribute information to the market as a whole and not to selected investment firms, analysts, or investors; a means of distributing to the market in a fair and open fashion the financial reports and pending and evolving issues of publicly traded company. 10-K Form - Annual report filed with the SEC; required of all 1934 Act firms. 10-Q Form - Quarterly report filed with the ...

Securities Industry Essentials PASSED Actual Exam Questions and CORRECT Answers Securities Act of 1933 - CORRECT ANSWER-Governs the new issuance (primary) market, which involves the money-raising activities of issuers. Requires issuers to register their securities when selling to the public. Securities Exchange Act of 1934 - CORRECT ANSWER-Governs trading markets for existing securities and registration requirements of BDs, BD employees, and exchanges