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NEW QUESTION: 1
After three warnings, Honest Investments was forced to terminate Sly Conman, one of its representatives, for making inaccurate statements when offering its mutual fund products to customers. Given this scenario:
A. Honest must provide FINRA with an electronic notification of the termination within 30 days and provide a written copy of the submitted form to Mr. Conman within that same period of time.
B. Honest must provide FINRA with an electronic notification of the termination within 48 hours and provide a written copy of the submitted form to Mr. Conman within 30 days of the filing.
C. Honest must provide FINRA with an electronic notification of the termination within 48 hours and mail a written copy of the submitted form to both FINRA and Mr. Conman within 14 days.
D. Honest must provide FINRA with an electronic notification of the termination within 48 hours and provide a written copy of the submitted form to Mr. Conman within 10 business days.
Answer: A
Explanation:
Explanation/Reference:
Explanation: When Honest Investments terminates Mr. Conman, the firm must provide FINRA with an electronic notification of the termination within 30 days and provide a written copy of the submitted form to Mr. Conman within that same period of time.

NEW QUESTION: 2
Which function returns an archived copy of a file to the client system?
A. retrieve
B. return
C. restore
D. recall
Answer: A

NEW QUESTION: 3
What is the duration estimate of the dollar price change for a 7%, 5-year bond with a duration of 4.158, selling at 100, when the yield changes by 1 basis point?
A. 0.04158
B. 4.158
C. 0.2915
Answer: A
Explanation:
Approximate percentage price change = 4.158(.0001)(100) = .04158%

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