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NEW QUESTION: 1
The Securities Exchange Act of 1934:
I. regulates the market for new issues.
II. delineates the registration requirements for investment advisers.
III. regulates secondary market activities.
IV. requires that officers and some other employees of member firms submit their fingerprints to the U.S.
attorney general's office.
A. I and II only
B. II and III only
C. I, II, III, and IV
D. III and IV only
Answer: D
Explanation:
Only Selections III and IV accurately describe provisions of the Securities Exchange Act of
1 934. The Securities Exchange Act of 1934 provides for the regulation of secondary market activities.
One section of the Act (Rule 17f-2) requires that officers and some other employees of member firms
submit their fingerprints to the U.S. attorney general's office. The Securities Act of 1933 regulates the
market for new issues, and the Investment Advisers Act of 1940 delineates the registration requirements
for investment advisers.
NEW QUESTION: 2
ST acquired 80% of the equity shares of AB on 1 January 20X7. AB acquired 60% of the equity shares of UV on 1 January 20X8. Profit for the year ended 31 December 20X9 for AB is $160,000 and for UV is
$100,000.
Calculate the non-controlling interest figure to be included within ST's consolidated statement of profit or loss for the year ended 31 December 20X9.
Give your answer to the nearest whole number in $000s.
$ ?
Answer:
Explanation:
84000, 84
NEW QUESTION: 3
The entity has comprehensive, written credit risk management policies and procedures for derivative activities. This addresses to:
A. Counterparty Risk
B. Market risk
C. Market liquidity Risk
D. Legal Risk
Answer: A