an investment instrument that represents either ownership interest in a company or a creditor relationship with a company.
What is a security?
100
Mutual Fund Investor.
What is Yippeekayay?
100
A stock's market value is directly determined by
What is Supply and Demand?
100
The big boys that regulate the securities markets withint the United states, created by the Securities Exchange Act of 1934 and also given the authority to establish other self-regulatory organizations through the Maloney Act of 1938.
Who is the Securities and Exchange Commission (SEC)?
100
Established the Securities and Exchange Commission.
What is the Securities Exchange Act of 1934? (Act of 1934)
200
Stock a corporation has issued and subsequently repurchased from the public.
What is treasury stock?
200
Right off of I-25 and Orchard.
Where is Great-West?
200
Usually paid from common and/or preferred stock.
What are dividends?
200
The successor to the NASD, that regulates participants in the over-the-counter market in securities, as well as members of the New York Stock Exchange.
Who is the Financial Industry Regulatory Authority (FINRA)?
200
Gave the SEC authority to establish other self-regulatory organizations.
What is the Maloney Act of 1938?
300
An arbitrary value the company gives the stock in its articles of incorporation, and it has no effect on the stock's market price.
What is par value?
300
Face-Value Certificates.
What is when we talked about Die Hard?
300
Guaranteed by the U.S. government so there is no chance of default. They are zero-coupon bonds and offer no current income, which is appropriate for a client who wants 100% return paid at a future date for college expenses.
What is Treasury STRIPS?
300
Some of the responsibilities of this sector is to influence the money supply to promote the growth of the economy and to prevent or ease inflation.
Who is the Federal Reserve?
300
Federal legislation requiring the full and fair disclosure of all material information about the issuance of new securities.
What is the Securities Act of 1933?
400
The right to buy enough newly issued shares to maintain their proportionate ownership in the corporation.
What is preemptive right?
400
Evil Back Stabber.
Who is Dan? (apparently)
400
These sell at par and pay semiannual interest. Their maturities vary from 2 to 10 years, and are therefore intermediate term, not short-term.
What are Treasury Notes?
400
Any employee, manager, director, officer, or partner of a member broker/dealer or another entity or any person controlling, controlled by, or in common control with that member.
Who is an Associated Person?
400
Congressional legislation regulating companies that invest and reinvest in securities. The act requires an investment company engaged in interstate commerce to register with the SEC.
What is the Investment Company Act of 1940?
500
A legal contract between the bond issuer and a trustee representing bondholders.
What is trust indenture?
500
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What is ten digits after the decimal point in Pie?
500
Stock that allows shareholders to receive not only their fixed preferred dividend but also additional dividends as provided by the board.
What are Participating Preferred Stock?
500
The President designates one of the five Commissioners as Chairman, the SEC's top executive. This person is the current Chairman of the SEC since 2009.
Who is Mary L. Schapiro?
500
Requires a corporation to appoint a trustee-- usually a commercial bank or trust company-- for its bonds. The trustee ensures complaiance with the covenants of the indenture and acts on behalf of the bondholders if the issuer defaults.