Series 79 Exam Review Questions with answers graded A+ 2024

Series 79 Exam Review QuestionsA person who has not been registered for the past three years has now become newly registered with another broker-dealer. With regard to Regulatory Element, this representative... - correct answer 1) Must take the appropriate module as if subject the program for the first time 2) Must complete the Regulatory Element within a 120-day period that begins with the second anniversary of their registration NOTE: - have to re-do if you have left the securities industry for more than 2 YEARS - the program is completed 120 days after the second anniversary after initial registration but THREE YEARS thereafter At what point during the sale process does the financing provider typically commit to the final staple terms and conditions? - correct answer During the second round of the sale process, prior to submission of final bids. When is a Schedule 14-D9 supposed to be filed? - correct answer Within 10 business days of a Schedule TO Filing - Proxy statement - correct answer In a one-step merger transaction, the target obtains approval from its shareholders through a vote at a shareholder meeting - prior to the vote, the target provides appropriate disclosure to the shareholders via a proxy statement. Contains a summary of the background/terms of the transaction, a description of the financial analysis underlying the fairness opinions of the financial advisers, a copy of the definitive agreement, and summary and pro forma financial data.