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Series 24 STC Chapter 1 questions well answered already passed $9.99   Add to cart

Exam (elaborations)

Series 24 STC Chapter 1 questions well answered already passed

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Series 24 STC Chapter 1 questions well answered already passed

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  • September 24, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Series 24
  • Series 24
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BravelRadon
Series 24 STC Chapter 1

SRO - correct answer ✔✔Self-Regulating Organization



REIT - Real Estate Investment Trust - correct answer ✔✔At least 75% of gross income derived solely from
real estate rent or interest on mortgages

95% of gross income derived from real estate activities or dividends and interest

Must be a trust

Must distribute at least 90% of income. Shareholders responsible for tax



Nontraded REIT - correct answer ✔✔Offers limited liquidity

Provide valuations within 18 months after cessation



ADR - correct answer ✔✔Claim to foreign securities

Sponsored = pay cost



Reverse Convertible Security - correct answer ✔✔short-term notes issued by banks and bd's which pay a
coupon rate above prevailing market rates.



SEC Reporting Company - correct answer ✔✔Issuer has securities listed on a national securities
exchange / publicly traded corporation total assets >$10,000,000 and more than 500 shareholders



PIPE - correct answer ✔✔Private Investment in Public Equity

Distribution of restricted securities to small group of accredited investors



Securities Act of 1933 - correct answer ✔✔Requires nonexempt securities to be registered with SEC.
Attempts to prevent fraud in the sale of new issues by requiring investors be provided with enough
relevant information about the offering to make an informed decision

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