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 choices is considered an offer or an offer to sell securities under the Uniform Securities Act?
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 is not considered an offer or a sale according to the Uniform Securities Act?
Under the Uniform Securities Act, an offer and sale does NOT exist if it is: the result of a class vote by stockholders regarding a merger or consolidation . a bona fide pledge or loan. an act incident to a judicially approved reorganization in which a security is issued in exchange for one or more outstanding shares.
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.
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.
Which of the following would be included in the Uniform Securities Act definition of sale?
Under the Uniform Securities Act, a sale includes every contract of sale, contract to sell, or disposition of a security for value .
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 securities are exempt from registration?
Under the Uniform Securities Act, all of the following are exempt from registration EXCEPT: A) common stock only sold intrastate. ... Common stock, not listed on any regulated exchange, purchased by an open-end investment company. Preferred stock issued by an insurance company authorized to do business in this state.
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.
What do the antifraud provisions of the Uniform Securities Act provide for?
Securities are sold by a non-registered person who is not required to be registered under the Uniform Securities Act. Answer: DThe antifraud provisions of the Uniform Securities Act apply to all offers and sales of securities, whether the person selling them is exempt from the Act or not .
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 registration by coordination?
Registration by coordination applies to larger, national or regional interstate securities offerings that are required to register at both the federal and state levels.
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 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 constitutes a sale of a security?
Purchase or Sale of a Security means any direct or indirect (including through a managed account) purchase, sale, or transfer of a Beneficial Interest in a Security, including, among other things, the writing of an option to purchase or sell a Security or entering into any other contract for the purchase or sale of ...
What constitutes an offering?
An offering is the issue or sale of a security by a company . ... An offering is also known as a securities offering, investment round, or funding round. A securities offering, whether an IPO or otherwise, represents a singular investment or funding round.
