SIE

purpose of securities industry correct answers matching investors with money to issuers that need that money to finance issuer correct answers legal entity that sells securities in order to finance its operations (business, governments) ie. us treasury, us gov agencies, foreign governments, state...

Which corporate voting procedures entitles a shareholder to one vote per share, and votes must be divided evenly among the candidates being voted on? correct answers Statutory voting What market refers to the trading of exchange-listed securities in the over-the-counter market? These trades allow...

What are statutory voting rights? correct answers Allows the shareholder to vote one time per share for each seat on the board. If the investor owns 10 shares, she can use 10 shares to vote for position #1 and 10 shares to vote for position #2. What are cumulative voting rights? correct answer...

Bid correct answers Represents a clients selling price - This is the price at which the MM will buy dealer to dealer markets correct answers NASDAQ -Non-physical; phone and computer network - Negotiated market - unlimited number of registered "market makers" -Classified as a securities ex...

The Securities & Exchange Commission (SEC) was created by Congress in A 1929 B 1933 C 1934 D 1940 correct answers 1934 The Act of '34 created the SEC. The term 'disclaimer' is most often associated with A The fact that no agent can guarantee a customer against loss B T...

The securities industry's primary regulatory body and created under what act? correct answers SEC, Securities Exchange Act of 1934 Function under the SEC's oversight and is accountable to the Commission for enforcing federal securities laws, as well as supervising securities practices within an...

Do common stock holders have to right to inspect all books of a company? correct answers No, only certain items suchs as the income statement and balance sheet Order of asset distribution correct answers Taxes Secured debt Unsecured debt Preferred stock holders Common stock holders What ty...

If interest Rates fall the issuer will most likely call which bonds first? correct answers High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity correct answers Conversion of convertible preferred st...

A common shareholder is not entitled to: correct answers Appoint officers of the corporation Which of the following statements is TRUE concerning electronic communication networks (ECNs) correct answers They can be used by investors who want to trade anonymously Which of the following investme...

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 answers NAV computed after the order is received The computation ...

all of the following accounts are for unincorporated business except: sole proprietorship accounts corporate accounts partnership accounts limited liability company accounts correct answers corporate accounts - corporations are incorporated In an irrevocable trust may or must do which of the ...

Exempt Securities from SEC Registration correct answers -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations ...

Section 1: Knowledge of Capital Markets correct answers The SEC purpose/mission when created jurisdiction authority correct answers protect investos, maintin fair orderly & efficient markets, facilitate capital formation by congress in 1934 US federal government enforce federal sec...

Upon Expiration, all in-the-money S&P 100 Index call options are settled by the delivery of which of the following? correct answers Cash Which of the following statements is true about treasury stock? correct answers It is issued stock that has been subsequently reacquired by the corporation I...