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NEW QUESTION: 1
Which of the following securities would be exempt from SEC registration requirements?
I. a 15-year bond issued by the state of Colorado
II. an issue of preferred stock that has an aggregate par value of $5 million III. an issue of commercial paper that has a 5-month maturity
A. I and III only
B. I and II only
C. I only
D. III only
Answer: A
Explanation:
Explanation/Reference:
Explanation: Only Selections I and III are exempt from SEC registration requirements. The bond issued by Colorado is exempt because bonds issued by a government body are exempt from registration. The issue of commercial paper is exempt because securities with less than 270 days to maturity are exempt from registration.
NEW QUESTION: 2
Which of the following is an acceptable deposit to answer an NYSE maintenance call?
A. all of the above
B. US treasury notes
C. SMA
D. US savings bond
Answer: B
Explanation:
US treasury notes. A maintenance call requires cash or negotiable securities. Only the
treasury notes meet this standard.
NEW QUESTION: 3
Which of the following could lead to an unintentional loss of confidentiality?
A. Failure to comply with a company's information security policy
B. Lack of security policy enforcement procedures
C. Lack of employee awareness of a company's information security policy
D. A momentary lapse of reason
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Lack of employee awareness of a company's information security policy could lead to an unintentional loss of confidentiality.
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