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NEW QUESTION: 1

A. Option B
B. Option C
C. Option A
D. Option D
Answer: A

NEW QUESTION: 2
割り当てられたIA管理の実施状況の評価に基づいて運用するための一時的な承認は次のうちどれですか?
A. ATO
B. IATO
C. DATO
D. IATT
Answer: B

NEW QUESTION: 3
Which of the following persons would not be required to register with the state as an agent under the guidelines of the Uniform Securities Act (USA)?
A. John is employed by TrustUs Corporation to sell shares of the firm's stock to the firm's employees and receives a commission on the shares he sells.
B. Preetham is part-owner of SecureMoney Broker-Dealers and executes the purchase and sale of securities for the firm's customers.
C. Keith is a salaried employee of Middlesex County in Massachusetts who sells revenue bonds issued by the county to the public.
D. Stefan is a sales representative for SecureMoney Broker-Dealers and sells only mutual fund shares.
Answer: C
Explanation:
Explanation/Reference:
Explanation: Keith would not have to register as an agent since he is a salaried employee of a county in Massachusetts selling county-issued bonds to the public. He is not representing a broker-dealer; he is not receiving a commission on the bonds he sells; and he is selling exempt (government-issued) securities.
John receives a commission on his sales, so he is considered to be an agent. Stefan is a sales representative employed by a broker-dealer, which makes him an agent under USA guidelines. Even though Preetham is part-owner of the broker-dealer for which he is effecting transactions, he is acting as an agent in doing so.


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NCSE-Core Exam Info

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