Q:
Under the Uniform Securities Act, the statute of limitations for criminal suits is how long?
a) 1 year from discovery
b) 2 years from discovery
c) 5 years from discovery
d) 7 years from discovery
A:
The correct answer is c.
For alleged criminal violations, the suit must be filed within five years from discovery.

MORE FAQS

  1. When does the statute of limitations clock start on my debts?

  2. Do I still owe debt collectors for a debt that's past the statute of limitations for my state?

  3. Under the Uniform Securities Act, federal covered securities include those sold to qualified purchasers ...

  4. Committing acts against the Commodity Exchange Act can result in fines up to ...

  5. The real rate of return is the amount of interest earned over and above the:

  6. Federal covered securities are subject to which of the following requirements ...

  7. A Straddle

  8. Why does fighting money laundering reduce overall crime?

  9. Under the Uniform Securities Act, all of the following are prohibited EXCEPT ...

  10. After a federal covered security has filed notice with the Administrator for an initial public offering

  11. Joe just bought a house for $750,000, of which 65% was financed with a 20 year ...

  12. How long does information stay on my credit report?

  13. Under the Uniform Securities Act, which of the following are defined as securities ...

  14. If ABC corporation, which is listed on the New York Stock Exchange ...

  15. Under the Uniform Securities Act, registration with the Administrator as an investment adviser is required ...

  16. At year-end 2004, the Federal Reserve reported moderate economic growth of 3% ...

  17. Does the max contribution to a Roth IRA apply to the gross Schedule C income?

  18. Under the Investment Company Act of 1940, an investment company must have minimum net assets of how much before it can issue shares to the public?

  19. ABC shares are currently trading at $27.00, and they are expected to pay a dividend of $0.50 ...

  20. The SEC's Rule 144

RELATED FAQS

  1. When does the statute of limitations clock start on my debts?

    Learn how states treat statutes of limitation on consumer debts, and find out what it means if the statute of limitations ...
  2. Do I still owe debt collectors for a debt that's past the statute of limitations ...

    Learn more about the statutes of limitations that govern certain personal debts and why you maintain obligations as a debtor ...
  3. Under the Uniform Securities Act, federal covered securities include those sold ...

    The correct answer is b. Qualified purchasers are defined under the Uniform Securities Act as either a person who owns at ...
  4. Committing acts against the Commodity Exchange Act can result in fines up to ... ...

    Free info on financial certification exams including study guides, exam questions, and much more!
  5. The real rate of return is the amount of interest earned over and above the:

    a. discount rate. b. tax rate. c. inflation rate. d. risk-free rate of return. Answer: C Since the real rate of return measures ...
  6. Federal covered securities are subject to which of the following requirements ... ...

    The correct answer is b. Federal covered securities are subject to only federal registration with the SEC and do not have ...
RELATED TERMS
  1. Discovery Value Accounting

    A method of accounting often used in the oil and gas, mining ...
  2. Statute Of Limitations

    A statute of limitations is a law which sets out the maximum ...
  3. Continuing Undertaking Rule

    A legal rule that temporarily stops the statute of limitations ...
  4. Discovery Cover

    An insurance policy that indemnifies the policyholder for losses ...
  5. Phishing

    A method of identity theft carried out through the creation of ...
  6. C Corporation

    A legal structure that businesses can choose to organize themselves ...
Hot Definitions
  1. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  2. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  3. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  4. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  5. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  6. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
Trading Center