FINRA-General Securities Representative Qualification Examination Set 6

Which of the following is not good delivery on a sale of 470 shares?

A NYSE floor member executing an order for a public customer asks the specialist in the stock to guarantee a price while giving the customer an opportunity to obtain a better price. This procedure is known as:

When opening a brokerage account for a customer, a registered representative must determine the customer's:

Which of the following is not true about brokerage accounts?

Bubba Brokerage Corporation announces through its wire system that it has a large block of stock for sale. Customers purchasing the stock will not pay a commission. The block is crossed on the NYSE floor and is printed on the NYSE tape. This is called a:

Bubba and his wife, Bubbette, maintain a joint account with a brokerage firm as "joint tenants in common". Bubbette calls a registered representative at the brokerage and places an order to sell 100 shares of XYZ, which is long in the account. Which of the following statements is correct about this order?

A limit order is best describes as an order:

Maintaining a fair and orderly market and acting as a broker's broker are dual functions of the:

What does the following mean when printed on the stock exchange ticker tape?

Bubba entered an order to sell long 100 shares of XYZ at 38.75 stop limit. Thereafter, the following round-lot transactions occurred: 38.75, 38.65, 38.50. At what price was Bubba's order executed?