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1. Membership of an Authority regulated market is obligatory for which of the following entities?
A) Listed joint-stock companies and licensed brokers
B) Licensed brokers
C) Listed joint-stock companies, licensed brokers and any other type of business entity
D) Listed joint-stock companies, licensed brokers and other listed entities
2. When licence applicants submit behaviour regulations including a professional code of ethics, this falls under the category of:
A) governance regulation
B) administration regulation
C) technical system
D) employee regulation
3. The minimum price movement for a West Texas Intermediate (WTI) Light Sweet Oil Futures contract is:
A) USS 25 per barrel
B) USS 1 per barrel
C) LISS 0.01 per barrel
D) USS 100 per barrel
4. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:
A) manage conflicts of interest
B) reduce the risk to investors
C) deal with succession planning
D) identify potential money laundering
5. The watch list, which is monitored by an Authority-established committee, consists of which group of companies?
A) All private companies which have declared losses in the last 12 months
B) All public companies which have declared losses in the last 12 months
C) Companies in the first category
D) Companies in the second category
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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