Repurchase agreements Study guides, Class notes & Summaries

Health Ch. 8 LOUISIANA LAWS AND RULES A licensee whose name or address changes must notify the Commissioner within 10 days 30 days 45 days 60 days ️30 days A Louisiana insurance producer solicits a life insurance policy. In the event of a controversy between the insured and the company, the producer is considered to represent the insured beneficiary company policyholder ️company A Medicare Supplement policy cannot deny claims for losses occurring more than how long a...

Money Markets - correct answer Short-term securities, less than 1 year to maturity, are highly marketable, liquid, low risk debt securities. Often considered cash equivalents. Nikkei 225 - correct answer Japan FTSE - correct answer Financial Times Stock Exchange (London) DAX - correct answer Germany CAC...

DSST Money & BankingFiat Money - correct answer Money that isn't tied to reserves such as gold, rather is guaranteed by the government's trustworthiness. Has no intrinsic value. Exists in currency bills form and bank deposits. M1 - correct answer The sum of all money held by businesses and individuals (incl. traveler's checks) and checkable deposits. M2 - correct answer The category that contains all funds included in M1, as well as savings deposits, small-time deposits, money market fu...

FINRA Practice SIE Exam question and answers graded A+ 2023The 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...

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 M...

The redemption value of an open-ended investment company's shares is based on the: - ANSWER-Net assest value computed afdter the order is recieved An associated person who is not a registered representative is permitted to engage in which of the following activities? - ANSWER-Provide account opening forms to a new customer A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - ANSWER-2 quarters When is interest on Treasury...

Premium payments received by a broker-agent from clients purchasing automobile insurance may be maintained by the licensee in any of the following investments EXCEPT? 1. High-yield stocks 2. Treasury certificates 3. Repurchase agreements 4. US Government bonds - ANSWER-High-yield stocks Which of the following is eligible for a Business owners Policy? 1. A vacant building 2. A credit union 3. A furniture store 4. A sports bar - ANSWER-A furniture store "All risk" coverage is an o...

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 Actual/365 - ANSWER>>>>>30/360 Blue-sky laws are...

FINRA Practice SIE Exam | with complete solution 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 reg...

PSI Practice Test 2024 When does a license become inactive for a broker? 1. upon the termination of his or her employment 2. upon the termination of all appointments, or all endorsements 3. upon the 365th calendar day that a policy has not been written 4. upon the termination of all existing policies for which he or she is the writing broker - Answer ️️ -upon the termination of all appointments, or all endorsements How is the insurance commissioner chosen? 1. Elected by the peop...