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NEW QUESTION: 1
Which of the following statements about specialists is false?
A. Specialists are required to maintain a fair and orderly market in their assigned stocks, meaning that they must buy if there is an excess of sell orders and sell out of their own portfolios if there is an excess of buy orders.
B. Specialists are market makers in assigned stocks and, as such, can profit from these investments.
C. In addition to acting as market makers, specialists also act as agents and execute limit orders placed by commission brokers for their clients if the specified price is reached.
D. Specialists are employees of the exchange on which they oversee trades.
Answer: D
Explanation:
Explanation/Reference:
Explanation: The statement that specialists are employees of the exchange on which they oversee trades is false. Specialists are separate firms that are members of the exchange. Specialists are market makers in the stocks that are assigned them by the exchange and can earn profits (or losses) on these investments, just like any other market maker. They are required to maintain a fair and orderly market in their assigned stocks, however, which means they sometimes must trade against the market. They also maintain a central limit order "book" in their assigned stocks.
NEW QUESTION: 2
Ann, a new employee, received an email from an unknown source indicating she needed to click on the provided link to update her company's profile. Once Ann clicked the link, a command prompt appeared with the following output:
Which of the following types of malware was executed?
A. Ransomware
B. Adware
C. Spyware
D. Virus
Answer: D
NEW QUESTION: 3
A. Option D
B. Option C
C. Option B
D. Option A
Answer: C
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CIPM Exam Info
In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CIPM Exam.
CIPM Exam Topics
Review the CIPM especially if you are on a recertification. Make sure you are still on the same page with what IAPP wants from you.
CIPM Offcial Page
Review the official page for the CIPM Offcial if you haven’t done it already.
Check what resources you have available for studying.
Schedule the CIPM Exam
Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.