Quiz 1 Questions Flashcards
1
Q
Who cannot issue equity?
A
A government
2
Q
What is the largest stock exchange in the world?
A
New York Stock Exchange
3
Q
For an Investment Dealer, how is acting as a principal different than acting as an agent in a Primary Market Transaction?
A
Risk of loss.
Agent - If no agreement between buyer and seller, earning nothing
4
Q
Which of following departments of an Investment Dealer is directly involved with Primary Market Transactions?
A
Underwriting
5
Q
What event highlighted the issue of capital adequacy and its importance to the health of the banking and financial sector?
A
Financial crisis
6
Q
List one example of an SRO
A
IIROC
