Securities act of 1933 - Study guides, Class notes & Summaries

Securities Act of 1933 - The first major federal law regulating the securities industry. Focuses on the PRIMARY MARKET It requires firms issuing new stock in a public offering to file a registration statement with the SEC. Securities Act of 1934 - A law governing the SECONDARY trading of securities in the US; established the SEC (Securities and Exchange Commission). Securities Act of 1933 applies to - non-exempt issues What is needed per the Securities Act of 1933 before sales ca...

WGU C213 Final Exam: ACCOUNTING FOR DECISION MAKERS Questions And Answers (2022/2023) Verified Order of assets listed on the balance sheet - correct answer===Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and...

Name Clas Dat : s: e: CHAPTER 01—THE BUSINESS OF BANKING 1. A bank is a not-for-profit organization. a. b. True False False 1 BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 ANSWER: POINTS: LEARNING OBJECTIVES: 2. All federally chartered banks must be corporations. a. True ANSWER: POINTS: LEARNING OBJECTIVES: b. False True 1 BNKG.CFFT.3.LO: 1.1.1 - LO: 1.1.1 3. Commercial banks offer their services only to businesses. ANSWER: POINTS: LEARNING OBJECTIVES: 5. Issuing credit cards is ...

WGU C213 Final Exam (verified answers 2022)Order of assets listed on the balance sheet Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and intangibles. Current assets ...

The Characteristics and Risk of Standardized Options is the official disclosure document that must be provided to option customers at or before account approval. This document is designed to 1. protect investors from market risk. 2. fulfill the prospectus delivery requirements of the Securities Act of 1933. 3. disclose the risk of investing in options. 4. provide useful option strategies. A) III and IV B) I, II, III, IV C) I and II D) II and III Explanation The options clearing cor...

Securities Act of 1933 correct answers Enacted to regulate how securities are registered, issued and distributed to the public. Primary market focused. AKA the Paper act. Securities Exchange Act of 1934 correct answers Regulated broker-dealers and how existing securities are traded in the secondary market. Created the SEC and SROs. AKA the People Act Securities Exchange Act of 1934 (5 things) correct answers 1. It contains important trading laws 2. It gave the Federal Reserve Board the po...

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: - correct 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 consideration of the increased risk th...

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...

1933 Securities Act (Paper Act) - ANSWERsets forth accounting and disclosure requirements for initial offerings of securities (stocks and bonds) 1934 Securities and Exchange Commission (SEC) - ANSWERSupervised the country's Stock Commission Exchanges and eliminated dishonest practices Maloney Act of 1938 - ANSWERAllowed self-regulation of securities industry through trade associations such as the National Association of Securities Dealers (NASD) Investment Company Act of 1940 - ANSWE...

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...