Which of the following choices would be considered an offer or offer to sell under the Uniform Securities Act?
Choice (b) describes an offering of stock rights
, which is defined as an offer or offer to sell under the USA.
Which of the following choices is considered a securities offering?
Which of the following choices is considered a securities offering? …
The sale of an outstanding security on the New York Stock Exchange
; A nonissuer transaction is a purchase or sale of a security whereby the issuer does not benefit, directly or indirectly.
Which of the following would be defined as a sale or offer under the Uniform Securities Act?
A sale is defined as
every contract to sell a security or an interest
in a security, including a security given as a bonus with the purchase of another security, or a gift of assessable stock when something of value is given.
Which of the following would not be considered a sale under the Uniform Securities Act?
The exchange of securities in a merger
is not considered a sale under the act. … It is a violation of the Uniform Securities Act to file a fraudulent or misleading application for registration as a securities industry professional (agent, broker-dealer, or investment adviser).
Which of the following would be considered an offer or solicitation when it comes to the sale of securities?
Which of the following would be considered an “offer” or “solicitation” when it comes to the sale of securities?
Advertisements
would be considered solicitations and/or offers to sell the securities in question.
What are examples of exempt securities?
- Securities issued by the U.S. government or federal agencies.
- Municipal bonds (local government bonds)
- Securities issued by banks, savings institutions, and credit unions.
- Public utility stocks or bonds.
- Securities issued by religious, educational, or nonprofit organizations.
What is an exempt security?
Exempt securities which have tax-exempt status are the instruments that the government backs,
Exempt transactions cut down the amount of paperwork needed for relatively minor transactions
.
Which tax advantaged product is not a security?
An IRA
is a tax-deferred envelope that can hold securities, but it is not a security either!
Which of these would not be fully covered by SIPC insurance?
Terms in this set (14) Which of these would not be fully covered by SIPC insurance?
C, Gold is not a security
and is not covered by SIPC. Money markets, ETFs, mutual funds, and junk bonds are all types of securities.
What is a bona fide pledge or loan?
United States, 449 U.S. 424 (1981), that a bona fide pledge of securities as collateral for a
loan constitutes an offer or sale of securities for purposes of the anti-fraud provisions of
Section 17(a) of the Securities Act.
Which of the following would be defined as an investment adviser under the Uniform Securities Act?
The Uniform Securities Act defines an investment adviser representative as
a partner, officer, director, or other individual employed by an investment adviser who makes recommendations
; renders advice; manages accounts; solicits the sale of advisory services; or supervises employees who perform any of these functions.
Which order is not required to be retained as a record by a broker-dealer?
Which order is NOT required to be retained as a record by a broker-dealer?
Subscription order pursuant to a rights offerings
.
Which of the following persons would be considered an agent according to the Uniform Securities Act?
Under the Uniform Securities Act, agent means
any individual (other than a broker-dealer)
who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales of securities.
What is an offer under securities laws?
The term “offer” is defined broadly in Section 2(a)(3) of the Securities Act of 1933, as amended (the “Securities Act”), as “
every attempt or offer to dispose of, or solicitation of an offer to buy
. . . for value.” The Securities Act regulates all offers of securities unless there is an available exemption.
Which of the following laws regulates securities transactions?
Which of the following are acts regulating securities transactions? …
The Securities Act of 1933 and the Securities Exchange Act of 1934
, but not the Anti-Fraud Securities Act of 2001.
What is an offer to sell securities?
The term offer is defined very broadly under the 33 Act as
any attempt to solicit interest in buying shares
. The definition of an offer to sell securities goes far beyond actually attempting to sell securities. As such, securities law regulates a much wider range of conduct than many people anticipate.
