The Administrator issue may issue a stop order for a federal covered security under all the following ...

By Investopedia Staff AAA
Q:

The Administrator issue may issue a stop order for a federal covered security under all the following conditions EXCEPT:
a) It is in the best interest of the public
b) The issuer fails to file copies of SEC documents with the Administrator
c) The issuer fails to provide the required notice filing
d) The issuer of an exchange listed stock fails to pay a filing fee in the state

A:

The correct answer is d.
The Administrator may issue a stop order if it believes it to be in the best interest of the public, or if the issuer fails to comply with requirements for notice filing, consent to service of process, filing of federal documents or payment of the required fee. However, exchange listed stocks may not be issued a stop order solely for not filing a fee in the state.


RELATED FAQS

  1. An individual has started investments of $100/month into a spread-load ...

    The correct answer is b. When a periodic payment (or contractural) plan company is organized as a spread-load company, it ...
  2. Based on the Employment Retirement Income Security Act (ERISA), a retirement plan ...

    The correct answer is b. With regard to eligibility, the plan must cover all employees 21 and older who have worked for the ...
  3. The Chairman of Bright Star Life and Casual had a meeting with his broker this afternoon ...

    The correct answer is b) Insider trading would include information that is material and non-public. Certainly, a poor earnings ...
  4. Which statements about common shareholder rights are FALSE? I. A shareholder may ...

    The correct answer is a. I should be the the other way around: convertible bond holders can exchange their bonds for shares. ...
RELATED TERMS
  1. Series 79

    A examination to ensure a candidate is qualified to become a ...
  2. Research Analyst

    A person who prepares investigative reports on equity securities. ...
  3. Series 34

    An exam required for individuals seeking to engage in off-exchange ...
  4. Financial Advisor

    One who provides financial advice or guidance to customers for ...
  5. Series 23

    An exam offered by the Financial Industry Regulatory Authority ...
  6. Series 28

    An exam given by the Financial Industry Regulatory Authority ...

You May Also Like

Related Articles
  1. Insurance

    Municipal Bond Tips For The Series 7 ...

  2. Retirement

    6 Proven Tips For Series 6 Success

  3. Insurance

    Tips For Passing The Series 6 Exam

  4. Professionals

    Banker Or Broker: Which Career Is Right ...

  5. Professionals

    Breaking Down Financial Securities Licenses

Trading Center