SIE Study

YAY

The SEC was created by congress in

1934 (after the stock market crash of 1929)to regulate the securities industry and protect investors.

The term ‘disclaimer’ is most often associated with:

The fact that the government cannot guarantee the accuracy of the information in a prospectus

The Securities Investor Protection Corporation (SIPC)

A nonprofit that protects investors if a brokerage firm fails financially. created by congress in 1970

true or false: federal security laws supersede state security laws

true

Which of the following are not considered money market securities?

money market securities are short term debt instruments that typically mature in one year or less

when a corporation goes public it is issuing

common stock

The term ‘issuer’ most often refers to:

a business, a municipal, or a federal government entity which is seeking to raise capital for the sale of securities

how long is commercial paper typically have a maximum maturity of

270 days

the SIE exam gives a candidate the right to…

the right to take one or more of the top off representative exams

the so called 5% policy pertains to the mark ups on retail OTC transactions excepting new issues

syndicate

a group of people or businesses that join together to share costs, risks, and resources for a common goal or large scale project

the principle difference between a selling syndicate and a selling group would be

commitment