Laws & RegulationsCâu 87 / 110
Under the Uniform Securities Act, which of the following is excluded from the definition of a 'security'?
a.A corporate bond
b.A share of common stock
c.A fixed insurance policy or fixed annuity
d.An investment contract
Giải thích
Fixed insurance policies and fixed annuities are generally excluded from the definition of a security because they do not involve investment risk to the purchaser in the same way. Stocks, bonds, and investment contracts are securities subject to registration and antifraud provisions. Variable annuities, by contrast, are securities.
Trích dẫn luật: Uniform Securities ActLuyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Under the Uniform Securities Act, which of the following is generally considered a prohibited practice for an investment adviser?
- An investment adviser's Form ADV Part 2 (the 'brochure') primarily serves which purpose?
- Regarding advisory fees, which arrangement is generally prohibited for most retail advisory clients?
- An agent (broker-dealer representative) who engages in 'selling away' is doing which of the following?
- An adviser wishing to enter into an agency cross transaction (acting as broker for both sides) must generally do which of the following?
- Under the Uniform Securities Act, the antifraud provisions apply to which persons?
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với NASAA Series 65 Investment Adviser Law Exam · Quy trình kiểm tra