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NEW QUESTION: 1
Which of the following activities are prohibited by FINRA when a representative is selling shares of a mutual fund?
I. recommending that a client purchase shares of a mutual fund prior to its ex-dividend date, so that the client will receive the dividends when they are distributed unless this recommendation is justified by the specific circumstances of the client
II. telling a client that a mutual fund that has only a contingent deferred sales charge is a no load fund III. telling a client that the interest he earns on a municipal bond fund will be free from federal taxation IV. refraining from placing the customer's order promptly in order to profit himself as a result of having done so
A. I, II, III, and IV
B. II and IV only
C. I, II, and IV only
D. I and III only
Answer: C
Explanation:
Explanation/Reference:
Explanation: The activities described in Selections I, II, and IV are prohibited by the FINRA when a representative is selling shares of a mutual fund. Representatives are prohibited from recommending that a client purchase shares of a mutual fund prior to its ex-dividend date, so that the client will receive the dividends when they are distributed-a practice known as "selling dividends"-- unless this recommendation is justified by the specific circumstances of the client; they are prohibited from telling a client that a fund that has only a contingent deferred sales charge is a no load fund; and they are prohibited from withholding an order-i.e., refraining from placing a customer's order promptly--in order to profit themselves as a result of having done so. There is nothing wrong with telling a client that the interest he earns on a municipal bond fund will be free from federal taxation since this is a true statement.
NEW QUESTION: 2
Answer:
Explanation:
Explanation
NEW QUESTION: 3
An administrator is re-provisioning an ESXi host and moving it to another datacenter.
Which DCUI option should the administrator use to revert the system configuration to the default settings?
A. Revert System Configuration
B. Reset System Configuration
C. Renew Default System Configuration
D. Rebuild Default System Configuration
Answer: B
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