Under the Uniform Securities Act, the
Administrator of California may examine the financial
books and records of all of the following, EXCEPT?
a) A broker-dealer in Illinois that has no California branches and doesn’t trade in California
b) The main office in Illinois of the California branch referred to above
c) Investment adviser’s office in California
d) The branch office of a broker-dealer in California whose main office is in Illinois
The correct answer is a.
The Administrator has jurisdiction over investment advisers, broker-dealers and sales representatives located in the state or involved with securities offers directed into the state. However, the Administrator has no jurisdiction over an office located outside the state, which has no branch office or securities activities within the state.
The correct answer is b. A normal yield curve chart shows long-term debt instruments having higher yields than short-term ...
Free info on financial certification exams including study guides, exam questions, and much more!
The correct answer is: D) First, transform the actual value of this outcome (-1.2%) into its standardized z-score: Zx= [(X ...
The correct answer is: d) When valuing an entire property, and not just the equity portion in the property, we have to discount ...
A examination to ensure a candidate is qualified to become a ...
A person who prepares investigative reports on equity securities. ...
An exam required for individuals seeking to engage in off-exchange ...
One who provides financial advice or guidance to customers for ...
An exam offered by the Financial Industry Regulatory Authority ...
An exam given by the Financial Industry Regulatory Authority ...