Securities act of 1934 - Study guides, Class notes & Summaries

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...

series 24 Question and answers rated A+ 2024/2025 Series 24 Security An investment that indicates ownership of a corporation (stock), a creditor of a corporation or a governmental body (bond), or rights to ownership (options, warrants), Securities Act of 1933 Governs the Primary Market, first piece of federal legislation covering the securities industry to set guidelines concerning full and fair disclosure in the primary market with the goal of ensuring that investors are provided wit...

Securities Industry Essentials PASSED Actual Exam Questions and CORRECT Answers Securities Act of 1933 - CORRECT ANSWER-Governs the new issuance (primary) market, which involves the money-raising activities of issuers. Requires issuers to register their securities when selling to the public. Securities Exchange Act of 1934 - CORRECT ANSWER-Governs trading markets for existing securities and registration requirements of BDs, BD employees, and exchanges

IACCP (MASTER TERMS) | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Assignment - Answer -Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - Answer -A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication...

Which of the following statements is TRUE about sales of new issues under the Securities Exchange Act of 1934? A) Credit may be used in purchasing new issues. B) The SEC determines what issues may be purchased on margin. C) The use of credit to purchase new issues is prohibited for the first 30 days. D) Installment payments are allowed on purchases. correct answers C Which of the following orders may be used to acquire a security at a specific price or better? A buy stop limit A buy...

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...

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...

Debt to capitalization ratio use _____________ correct answers book value, including of equity Green shoe clause correct answers agreement allowing the underwriters to sell additional shares if demand is high for an offering of securities; can be in part or in full at any price can allow underwriter to profit -doesn't need to be approved by underwriter once its disclosed in the prospectus A company that is not a commercial bank issues a 10-year bond. It is exempt from SEC registrati...

LEGAL ENVIRONMENT OF BUSINESS EXAM REPORTED QUESTIONS AND ANSWERS Penalties for Violations of the Securities Act of 1933 may include each of the following except - Answer-Revocation of the corporate charter for egregious cases. Section 16 of the 1934 Act defines an insider as an officer, director, or shareholder who owns _________ or more of the company's total stock. - Answer-10% Security transactions involving the original issuance and reissuance of securities by a business to raise...

The Securities & Exchange Commission (SEC) was created by Congress in A 1929 B 1933 C 1934 D 1940 : 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 2 | P a g e 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 : The fact that the govern...