Across
- 2. The date when the sales of securities can begin
- 4. This is the largest SRO that regulates participants in the exchanges and OTC markets
- 6. In this type of underwriting, the underwriter acts as an agent for the issuing company
- 8. This market involves institutional investors buying and selling large blocks of stock
- 9. nonbinding indications of interest may be gathered with this type of prospectus
- 11. A _______ ________ buys and sells securities out of their own inventory
- 15. A _______ prospectus has key information of a mutual fund's statutory prospectus, provided under SEC rule 498.
- 17. A _______ buys and sells on behalf of the customer and receives a commission
- 18. Annual income from common stock divided by current market value give the ______ yield
- 20. These are backed by the general credit of an issuing corporation
- 21. This offers two tiers for registration of small and medium corporate offerings
- 23. this type of underwriting sets the least amount the issuer needs to raise to move forward with the underwriting
- 29. A market maker will buy at the _____ price
- 30. A private placement stock that must be held for a six-month period
- 32. With this type of option, the seller has the obligation to sell the securities at a predetermined price
- 33. a trade ______ lists the trades settlement date, money due from or owed to the customer and must be sent on or before the completion of the transaction
- 34. This type of Treasury issue helps protect investors against purchasing power risk
- 35. Capital _________ is an increase in the market price of shares
- 36. FINRA’s ____ standardizes the dates and times for each type of settlement
- 37. The _____ market describes exchange-listed securities being sold in the OTC market.
- 40. The most common type of underwriting contract
- 43. A way of measuring a bond’s volatility, it combines maturity and coupon rates
- 45. U.S. government, U.S. municipalities and nonprofit religious organizations are a few issuers who are _____from registration.
- 46. An ______ investor has an income greater than $200,000 each year for two or more years and has an expectation of reaching the same level of income in future years.
- 47. also known as a preliminary prospectus and is used to gauge investor reactions and gather indications of interest
- 48. A dealer is also known as a ____________
- 49. A private placement stock where investor agreed to terms by signing an investment letter.
- 50. income received +/- gains or losses divided by cost basis
Down
- 1. This is the act of adding another B/D to a transaction when there is no benefit to the buyer or seller
- 3. If an investor does not sell stock, they will have an __________ gain or loss
- 5. the notice that is used to obtain an underwriter for municipal bond
- 7. a ________ prospectus is a disclosure document that may be used to solicit the sale of a mutual fund
- 10. Issuers are likely to call securities is interest rates are __________
- 12. This type of Treasury security has the greatest volatility when interest rates move up or down
- 13. Owners of this type of stock must receive their stated dividend before other types of stockholders
- 14. This type of option gives the buyer of a contract the right to sell securities at a predetermined price
- 16. A customer must sign and return the options ________ no later than 15 days after account approval
- 19. Part 2 of the registration statement for investment companies. The document is not required to be given when soliciting a sale but must be provided within 3 business days if requested.
- 22. The full and fair disclosure document for municipal securities
- 24. If required to register with the SEC, the securities are known as _________ securities
- 25. An investment that is offered ONLY to accredited investors or a max of 35 non-accredited investors.
- 26. Customers buy at the ___ price
- 27. An ________ communication will need to be delivered when a member firm contacts a former customer to transfer assets
- 28. Corporations, municipalities, and the government
- 30. The regulation covering private placements
- 31. The period (a min of 20 days) between the registration statement's filing date and the registration's effective date.
- 38. Under rule 147, _______ offerings that take place entirely in one state, exempt from registration because 80% income in one state, at least 80% issuer assets in the one state, 80% of proceeds used within the one state, all purchasers are from that state
- 39. On a buy limit or sell stop, this must be marked on an order to avoid prices being reduced from dividends
- 41. A private placement stock that has a special inscription on the stock certificate indicates restricted transfer
- 42. a type of registration where the issuer files with the state independent of federal registration, and must meet all state requirements
- 44. The issuer registers simultaneously with the state and SEC