Sie practice exam - Study guides, Class notes & Summaries

Primary vs. Secondary Distribution A primary distribution involves a sale of newly issued shares by the issuer while a secondary distribution involved the sale of already issued and outstanding shares. In the OTC market, the term "spread" refers to the diff. between: Bid and asked prices offered and asked prices indicated and firm prices opening and closing prices Bid and asked prices Margin account requirements: Initial transaction: 50% or min. of $2,000 Maintenance Margin: 25% ...

The primary purpose of a syndicate desk in the context of an equity offering is to: - ANSWERbuild an order book and allocate the stock Which of the following responses describes an advantage of index funds? - ANSWERLower management fees due to passive management of the fund Which of the following comparisons best describes the essential difference between a primary distribution and a secondary distribution? - ANSWERA primary distribution involves a sale of newly issued shares by the issuer...

SIE PRACTICE EXAM QUESTIOS AND ANSWERS

The Securities & Exchange Commission (SEC) was created by Congress in A 1929 B 1933 C 1934 D 1940 - ANSWER1934 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 The fact that unregistered securities are more risky than registered ones C The fact that the government cannot guarantee the accuracy of the information in a prospectus D None of the above - A...

SIE PRACTICE EXAM VERIFIED QUESTIONS AND ANSWERS LATEST SOLUTION

SIE Practice Exam With complete solutions latest update 2024

SIE practice exam With complete solutions latest update

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 answersStatutory voting What market refers to the trading of exchange-listed securities in the over-the-counter market? These trades allow institutional investors to trade blocks of securities directly, rather than through an exchange, providing liquidity and anonymity to buyers. correct answersThird market An investor sells a naked c...

SIE Practice Exam QUESTIONS WITH VERIFIED SOLUTIONS SIE Practice Exam QUESTIONS WITH VERIFIED SOLUTIONS