Quiz-summary
0 of 10 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Information
certdemy practice questions
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 10 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Answered
- Review
-
Question 1 of 10
1. Question
While Pre-Offering Compensation, how many days can be immediately preceding the required filing date of the registration statement or similar document?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Pre-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by the underwriter and related persons during the period commencing 180 days immediately preceding the required filing date of the registration statement or similar document pursuant to paragraph (b)(4) above until the date of effectiveness or commencement of sales of the public offering will be considered to be underwriting compensation in connection with the public offering.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Pre-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by the underwriter and related persons during the period commencing 180 days immediately preceding the required filing date of the registration statement or similar document pursuant to paragraph (b)(4) above until the date of effectiveness or commencement of sales of the public offering will be considered to be underwriting compensation in connection with the public offering. -
Question 2 of 10
2. Question
Regarding Pre-Offering Compensation, for what all items of value received and all arrangements are entered into by the underwriter and related persons?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Pre-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by the underwriter and related persons during the period commencing 180 days immediately preceding the required filing date of the registration statement or similar document pursuant to paragraph (b)(4) above until the date of effectiveness or commencement of sales of the public offering will be considered to be underwriting compensation in connection with the public offering.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Pre-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by the underwriter and related persons during the period commencing 180 days immediately preceding the required filing date of the registration statement or similar document pursuant to paragraph (b)(4) above until the date of effectiveness or commencement of sales of the public offering will be considered to be underwriting compensation in connection with the public offering. -
Question 3 of 10
3. Question
Regarding Undisclosed and Post-Offering Compensation, by whom all items of value received and all arrangements entered into for the future receipt of an item of value?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Undisclosed and Post-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by any participating member that are not disclosed to FINRA prior to the date of effectiveness or commencement of sales of a public offering, including items of value received subsequent to the public offering, are subject to post-offering review to determine whether such items of value are, in fact, underwriting compensation for the public offering.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Undisclosed and Post-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by any participating member that are not disclosed to FINRA prior to the date of effectiveness or commencement of sales of a public offering, including items of value received subsequent to the public offering, are subject to post-offering review to determine whether such items of value are, in fact, underwriting compensation for the public offering. -
Question 4 of 10
4. Question
Regarding Undisclosed and Post-Offering Compensation, which of the following statement(s) is/are true about subject to post-offering review?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Undisclosed and Post-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by any participating member that are not disclosed to FINRA prior to the date of effectiveness or commencement of sales of a public offering, including items of value received subsequent to the public offering, are subject to post-offering review to determine whether such items of value are, in fact, underwriting compensation for the public offering.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Undisclosed and Post-Offering Compensation: All items of value received and all arrangements entered into for the future receipt of an item of value by any participating member that are not disclosed to FINRA prior to the date of effectiveness or commencement of sales of a public offering, including items of value received subsequent to the public offering, are subject to post-offering review to determine whether such items of value are, in fact, underwriting compensation for the public offering. -
Question 5 of 10
5. Question
Regarding Date of Receipt of Securities, which of the following statement is incorrect securities of the issuer acquired by the underwriter and related persons will be considered to be received for purposes?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Date of Receipt of Securities
Securities of the issuer acquired by the underwriter and related persons will be considered to be received for purposes of paragraphs (d)(1) and (d)(5) as of the date of the:
(A) closing of a private placement, if the securities were purchased in or received for arranging a private placement; or
(B) execution of a written contract with detailed provisions for the receipt of securities as compensation for a loan, credit facility, or put option; or
(C) transfer of beneficial ownership of the securities, if the securities were received as compensation for consulting or advisory services, merger or acquisition services, acting as a finder, or for any other service.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation
Date of Receipt of Securities
Securities of the issuer acquired by the underwriter and related persons will be considered to be received for purposes of paragraphs (d)(1) and (d)(5) as of the date of the:
(A) closing of a private placement, if the securities were purchased in or received for arranging a private placement; or
(B) execution of a written contract with detailed provisions for the receipt of securities as compensation for a loan, credit facility, or put option; or
(C) transfer of beneficial ownership of the securities, if the securities were received as compensation for consulting or advisory services, merger or acquisition services, acting as a finder, or for any other service. -
Question 6 of 10
6. Question
Regarding Definitions, which one of the following is not correct?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An entity:
(i) includes a group of legal persons that either:
a. are contractually obligated to make co-investments and have previously made at least one such investment; or
b. have filed a Schedule 13D or 13G with the SEC that identifies the legal persons as members of a group that have agreed to act together for the purpose of acquiring, holding, voting or disposing of equity securities of an issuer in connection with a previous investment; and
(ii) may make its investment or loan through a wholly owned subsidiary (except when the entity is a group of legal persons).Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An entity:
(i) includes a group of legal persons that either:
a. are contractually obligated to make co-investments and have previously made at least one such investment; or
b. have filed a Schedule 13D or 13G with the SEC that identifies the legal persons as members of a group that have agreed to act together for the purpose of acquiring, holding, voting or disposing of equity securities of an issuer in connection with a previous investment; and
(ii) may make its investment or loan through a wholly owned subsidiary (except when the entity is a group of legal persons). -
Question 7 of 10
7. Question
How much money should an institutional investor invest in securities in the aggregate in its portfolio?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An institutional investor is any individual or legal person that has at least $50 million invested in securities in the aggregate in its portfolio or under management, including investments held by its wholly owned subsidiaries; provided that no participating members direct or otherwise manage the institutional investor’s investments or have an equity interest in the institutional investor, either individually or in the aggregate, that exceeds 5% for a publicly owned entity or 1% for a nonpublic entity.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An institutional investor is any individual or legal person that has at least $50 million invested in securities in the aggregate in its portfolio or under management, including investments held by its wholly owned subsidiaries; provided that no participating members direct or otherwise manage the institutional investor’s investments or have an equity interest in the institutional investor, either individually or in the aggregate, that exceeds 5% for a publicly owned entity or 1% for a nonpublic entity. -
Question 8 of 10
8. Question
Regarding Definitions, which of the following statement(s) is/are true while no participating members direct or otherwise manage the institutional investor’s investments or have an equity interest in the institutional investor, either individually or in the aggregate?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An institutional investor is any individual or legal person that has at least $50 million invested in securities in the aggregate in its portfolio or under management, including investments held by its wholly owned subsidiaries; provided that no participating members direct or otherwise manage the institutional investor’s investments or have an equity interest in the institutional investor, either individually or in the aggregate, that exceeds 5% for a publicly owned entity or 1% for a nonpublic entity.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
An institutional investor is any individual or legal person that has at least $50 million invested in securities in the aggregate in its portfolio or under management, including investments held by its wholly owned subsidiaries; provided that no participating members direct or otherwise manage the institutional investor’s investments or have an equity interest in the institutional investor, either individually or in the aggregate, that exceeds 5% for a publicly owned entity or 1% for a nonpublic entity. -
Question 9 of 10
9. Question
Regarding definition, which one of the following is correct about a bank or insurance company?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
A bank or insurance company is only the regulated entity, not its subsidiaries or other affiliates.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
A bank or insurance company is only the regulated entity, not its subsidiaries or other affiliates. -
Question 10 of 10
10. Question
Regarding definition, what is a right of pre-emption?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
A right of pre-emption means the right of a shareholder to acquire additional securities in the same company in order to avoid dilution when additional securities are issued,Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Underwriting Compensation and Arrangements: Determination of Whether Items of Value Are Included In Underwriting Compensation: Definitions
A right of pre-emption means the right of a shareholder to acquire additional securities in the same company in order to avoid dilution when additional securities are issued,