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NEW QUESTION: 1
Which of the following is an example of commingling?
A. In order to generate more commissions for herself Ms. Fox makes trades on some of her client's accounts and has the trade confirmations sent to a P.O box she owns.
B. Sly is an agent with a broker-dealer who recently executed a stock purchase for his client and had the client make the check for the purchase out to Sly for deposit in Sly's broker-dealer account.
C. All of the above are examples of commingling.
D. Mr. Hawk encourages his clients to leave their securities in "street name" with the broker-dealer for which Mr. Hawk works.
Answer: B
Explanation:
Explanation/Reference:
Explanation: When Sly has his client pay for a stock purchase by making the check out to Sly himself, he has engaged in the prohibited practice of commingling. Ms. Fox is also engaged in a prohibited practice, but she is engaged in making unauthorized transactions. Mr. Hawk is doing nothing wrong. It is typical for clients to leave securities on deposit with their broker-dealers in what is called "street name." This makes it easier for the client to sell the securities later on since he physically will not have to deliver the securities to the broker, for one thing.

NEW QUESTION: 2
When configuring role-based CLI on a Cisco router, which step is performed first?
A. Create a parser view called "root view."
B. Log in to the router as the root user.
C. Enable the root view on the router.
D. Enable AAA authentication and authorization using the local database.
E. Create a root local user in the local database.
F. Enable role-based CLI globally on the router using the privileged EXEC mode Cisco IOS command.
Answer: C

NEW QUESTION: 3
How can you independently restore the default links on a Cisco TelePresence VCS?
A. by performing a reboot
B. with an xcommand from the API
C. from the bandwidth configuration section of the web interface
D. by performing a factory reset
Answer: B

NEW QUESTION: 4
How should the Architect ensure that OBJECT-LEVEL SECURITY is enforce within a custom Visualforce application that was a standard Apex controller on the Lead object?
A. Use the Schema.DescribeSObjectResultisAccessible() method in the Apex controller.
B. Use the runAs() method to enforce user permissions in the Apex controller.
C. Use the {!$ObjectType.lead.accessible} expression within the Visualforce page.
D. Use the "With Sharing" keyword when defining the Visualforce page.
Answer: C


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300-635 Exam Info

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