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
Regarding Information Required to be Filed, how many day(s) does it take for the offering has been declared effective or approved by the SEC or other agency?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Information Required to be Filed
Any person filing documents pursuant to paragraph (b)(5) above shall notify FINRA through its electronic filing system that the offering has been declared effective or approved by the SEC or other agency no later than one business day following such declaration or approval or that the offering has been withdrawn or abandoned within three business days following the withdrawal or decision to abandon the offering.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Information Required to be Filed
Any person filing documents pursuant to paragraph (b)(5) above shall notify FINRA through its electronic filing system that the offering has been declared effective or approved by the SEC or other agency no later than one business day following such declaration or approval or that the offering has been withdrawn or abandoned within three business days following the withdrawal or decision to abandon the offering. -
Question 2 of 10
2. Question
Regarding Offerings Exempt from Filing, how long does it take the unsecured non-convertible debt for securities offered by a corporate, foreign government or foreign government agency issuer?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Securities offered by a corporate, foreign government or foreign government agency issuer which has unsecured non-convertible debt with a term of issue of at least four (4) years, or unsecured non-convertible preferred securities, rated by a nationally recognized statistical rating organization in one of its four (4) highest generic rating categories, except that the initial public offering of the equity of an issuer is required to be filed;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Securities offered by a corporate, foreign government or foreign government agency issuer which has unsecured non-convertible debt with a term of issue of at least four (4) years, or unsecured non-convertible preferred securities, rated by a nationally recognized statistical rating organization in one of its four (4) highest generic rating categories, except that the initial public offering of the equity of an issuer is required to be filed; -
Question 3 of 10
3. Question
Regarding Offerings Exempt from Filing, what is the nationally recognized statistical rating organization by non-convertible debt securities and non-convertible preferred securities rated?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Non-convertible debt securities and non-convertible preferred securities rated by a nationally recognized statistical rating organization in one of its four (4) highest generic rating categories.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Non-convertible debt securities and non-convertible preferred securities rated by a nationally recognized statistical rating organization in one of its four (4) highest generic rating categories. -
Question 4 of 10
4. Question
Regarding Offerings Exempt from Filing, what are some of the offerings of securities issued?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Offerings of securities issued by a pooled investment vehicle, whether formed as a trust, partnership, corporation, limited liability company or other collective investment vehicle, that is not registered as an investment company under the Investment Company Act and has a class of equity securities listed for trading on a national securities exchange; provided that such equity securities may be created or redeemed on any business day at their net asset value per share.Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Offerings of securities issued by a pooled investment vehicle, whether formed as a trust, partnership, corporation, limited liability company or other collective investment vehicle, that is not registered as an investment company under the Investment Company Act and has a class of equity securities listed for trading on a national securities exchange; provided that such equity securities may be created or redeemed on any business day at their net asset value per share. -
Question 5 of 10
5. Question
Of a foreign private issuer incorporated or organized under the laws of Canada or any Canadian province or territory, where is offered pursuant to?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Of a foreign private issuer incorporated or organized under the laws of Canada or any Canadian province or territory, and is registered with the SEC on Form F-10 pursuant to the standards for that Form approved in Securities Act Release No. 6902 (June 21, 1991) and offered pursuant to Canadian shelf prospectus offering procedures;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Exempt from Filing
Of a foreign private issuer incorporated or organized under the laws of Canada or any Canadian province or territory, and is registered with the SEC on Form F-10 pursuant to the standards for that Form approved in Securities Act Release No. 6902 (June 21, 1991) and offered pursuant to Canadian shelf prospectus offering procedures; -
Question 6 of 10
6. Question
Regarding Exempt Offerings, the documents and information relating to the offerings need not be filed for review are/is —.
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Documents and information relating to the following offerings need not be filed for review: Securities which are defined as “exempt securities” in Section 3(a)(12) of the Exchange Act, as amended;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Documents and information relating to the following offerings need not be filed for review: Securities which are defined as “exempt securities” in Section 3(a)(12) of the Exchange Act, as amended; -
Question 7 of 10
7. Question
Regarding Exempt Offerings, which of the following statement(s) is/are true about securities of “open-end” investment companies and securities of any “closed-end” investment company?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Securities of “open-end” investment companies as defined in Section 5(a)(1) of the Investment Company Act and securities of any “closed-end” investment company as defined in Section 5(a)(2) of the Investment Company Act that:
(i) makes periodic repurchase offers pursuant to Rule 23c-3(b) under of the Investment Company Act; and
(ii) offers its shares on a continuous basis pursuant to Rule 415(a)(1)(xi) of SEC Regulation C;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Securities of “open-end” investment companies as defined in Section 5(a)(1) of the Investment Company Act and securities of any “closed-end” investment company as defined in Section 5(a)(2) of the Investment Company Act that:
(i) makes periodic repurchase offers pursuant to Rule 23c-3(b) under of the Investment Company Act; and
(ii) offers its shares on a continuous basis pursuant to Rule 415(a)(1)(xi) of SEC Regulation C; -
Question 8 of 10
8. Question
Which of the following statements is/are true regarding Securities issued pursuant to a competitively bid underwriting arrangement meeting the requirements of the Public Utility Holding Company Act?
Correct
Securities issued pursuant to a competitively bid underwriting arrangement meeting the requirements of the Public Utility Holding Company Act;
(I) securities of a subsidiary or other affiliate distributed by a company in a spin-off or reverse spin-off or similar transaction to its existing security holders exclusively as a dividend or other distribution; and
(J) securities registered with the SEC in connection with a merger or acquisition transaction or other similar business combination, except for offerings required to be filed pursuant to subparagraph (9)(I) below.Incorrect
Securities issued pursuant to a competitively bid underwriting arrangement meeting the requirements of the Public Utility Holding Company Act;
(I) securities of a subsidiary or other affiliate distributed by a company in a spin-off or reverse spin-off or similar transaction to its existing security holders exclusively as a dividend or other distribution; and
(J) securities registered with the SEC in connection with a merger or acquisition transaction or other similar business combination, except for offerings required to be filed pursuant to subparagraph (9)(I) below. -
Question 9 of 10
9. Question
Regarding Exempt Offerings, which of the following statement(s) is/are true about modified guaranteed annuity contracts and modified guaranteed life insurance policies?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Modified guaranteed annuity contracts and modified guaranteed life insurance policies, which are deferred annuity contracts or life insurance policies the value of which are guaranteed if held for specified periods, and the nonforfeiture value of which are based upon a market-value adjustment formula for withdrawals made before the end of any specified period;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Exempt Offerings
Modified guaranteed annuity contracts and modified guaranteed life insurance policies, which are deferred annuity contracts or life insurance policies the value of which are guaranteed if held for specified periods, and the nonforfeiture value of which are based upon a market-value adjustment formula for withdrawals made before the end of any specified period; -
Question 10 of 10
10. Question
Regarding offerings required to be filed, which of the following is incorrect while documents and information relating to all other public offerings including, but not limited to?
Correct
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Required to be Filed
Documents and information relating to all other public offerings including, but not limited to, the following must be filed with FINRA for review:
(A) direct participation programs as defined in Rule 2310(a);
(B) mortgage and real estate investment trusts;
(C) rights offerings;
(D) securities exempt from registration with the SEC pursuant to Section 3(a)(11) of the Securities Act;Incorrect
5110. Corporate Financing Rule — Underwriting Terms and Arrangements
Filing Requirements: Offerings Required to be Filed
Documents and information relating to all other public offerings including, but not limited to, the following must be filed with FINRA for review:
(A) direct participation programs as defined in Rule 2310(a);
(B) mortgage and real estate investment trusts;
(C) rights offerings;
(D) securities exempt from registration with the SEC pursuant to Section 3(a)(11) of the Securities Act;