SIE Finra Questions with 100% Correct Answers

SIE Finra Questions with 100% Correct Answers The redemption value of an open-ended investment company's shares is based on the: - Answer️️ -Net assest value computed afdter the order is recieved An associated person who is not a registered representative is permitted to engage in which of the following activities? - Answer️️ -Provide account opening forms to a new customer A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - Answer️️ -2 quarters When is interest on Treasury notes paid? - Answer️️ -Semiannually Which of the following communications with the public is considered misleading? - Answer️️ -Literature providing 10-year performance information to support predictions of future performance Which of the following stakeholders has first claim priority in a chapter 11 proceeding? - Answer️️ -Secured debt holders The last transaction in xyz 5.50s 2030 was at 102. This bond is selling at: - Answer️️ - A premium All of the following risks apply to both foreign and domestic debt instruments except: - Answer️️ -Exchange TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD OWNER: EMILLYCHARLOTTE COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED FIRST PUBLISHED: SEPTEMBER 2024 2/10 Under FINRA rules, which of the following activities by a registered representative require written notification to her firm? - Answer️️ -Driving part time for a transportation network company on weekends Which of the following investment risks is the greatest risk in a variable life insurance policy? - Answer️️ -Market risk Which of the following products is adversely impacted if the issuer's credit rating is downgraded? - Answer️️ -Exchange-traded notes (ETNs) Which of the following forms U4 reportable events results in a statutory disqualification? - Answer️️ -A felony conviction for a driving under the influence (DUI) charge In the event of a stock split, which of the following parties is required to maintain a record of the shareholders eligible to receive the additional shares? - Answer️️ - Transfer agent A firm is a participant in a public offering. To sell a substantial amount of the securities to its customers, the firm agrees to repurchase the shares at no less than the original sales price. Such agreements are: - Answer️️ -Prohibited as fraudulent and manipulative At the time of issuance, which of the following securities normally has the longest period to expiration? - Answer️️ -Warrants The call provision of a bond stipulates which of the following factors? - Answer️️ -Call date and call price TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD OWNER: EMILLYCHARLOTTE COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED FIRST PUBLISHED: SEPTEMBER 2024 3/10 A customer buys 1 abc Jan 35 put for a premium of $3 and simultaneously buys 100 shares of abc stock for $35 per share. The customer will break even when the stock is selling at what price per share at expiration? - Answer️️ -$38 FinCEN accomplishes its mission to safeguard the financial system from the abuses of financial crime, including terrorist financing and money laundering, by enforcing: - Answer️️ -The Bank Secrecy Act Under SEC regulation S-P (consumer privacy), which of the following information must a firm include in its customer privacy and opt-out notices? - Answer️️ -The policies to protect the security of nonpublic information In which of the following situations is an employee of a public company permitted to trade upon information without violating insider trading laws? - Answer️️ -An independent securities analyst explians to the