MOCK TEST 6 Flashcards
(7 cards)
1
Q
9
A
2
Q
38
A
3
Q
54
A
4
Q
ETFS do not require a prospectus be delivered to customers following a transaction
A
5
Q
Market makers
A
individuals or broker-dealers with a line of business to stand ready to buy or sell securities (make markets) with the view of being profitable by buying low and selling high or selling high and buying low (short selling).
6
Q
Accusations of FINRS Conduct Rules violations will be heard and handled by:
A
Code of Procedure
7
Q
All of the following would generally be associated with a limited partnership (LP) except:
A: freely transferrable interests
B: the pass through of gains and losses
C: tax credits for specific programs
D: partners responsible for reporting to the IRS
A
A
