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denpristay [2]
3 years ago
11

A member firm receives a large block order to buy 100,000 shares of XYZ stock, which is not actively traded. Which customer(s) o

f the firm can buy XYZ stock prior to the filling of the block trade?
A. The registered representative who received the order
Correct Answer
B. Other customers of the firm who place buy orders, if the firm has information barriers in place
Incorrect Answer
C. Any customer of the firm who places an unsolicited order
D. No customer can buy the stock until the block order to buy is filled
Business
1 answer:
Snowcat [4.5K]3 years ago
3 0

Answer:

Other customers of the firm who place buy orders, if the firm has information barriers in place.

Explanation:

FINRA has strict rules against front running, and this is the process by which interested parties place orders for shares beforehand because they have insider information on how a share is going to perform in the future.

This rule is binding on any registered representative.

However if the firm has information barriers in place, any other customers that places a buy order will be assumed not to have insider knowledge of the share's expected performance. The FINRA rule is not binding on them.

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Pls help me and thanks I’m super stuck
Snezhnost [94]

Answer:

Explanation:

750% is 7.5 times the amount of the principle -- in this case 100 dollars.

If you need a formula, it is Amount = 750/100 * Principle

The answer should be 750 dollars. Any less than 100 is absurd, so both 7.50 and 75 make no sense.

3 0
3 years ago
Read 2 more answers
Ruth is taking ASVAB exam. Match each question with the correct section.
ValentinkaMS [17]

Answer: See explanation

Explanation:

Here's the complete question:

Ruth is taking ASVAB exam. Match each question with the correct section

Arithmetic Reasoning

Electronics Information

General Science

Question

Section

How is an object's weight related to its

mass?

How many 44-passenger buses will it

take to carry 100 people?

What does a transformer do?

Arithmetic Reasoning - How many 44-passenger buses will it take to carry 100 people?

Electronics Information - What does a transformer do?

General Science - How is an object's weight related to its mass?

4 0
3 years ago
Read 2 more answers
4. Miguel works as an insurance salesman, and is paid based on the number of sales he makes. He receives 10 percent of every sal
mash [69]

Answer:

The right answer is D. Commission.

Explanation:

when an employee does not have a fixed salary, but earns according to the sales he achieves during the month, and is a percentage for each. This type of payment is known as commission salary.

3 0
3 years ago
Risks of fixed costs of a business are more for an alliance than an independent firm.
frosja888 [35]
False. Risks of fixed costs of a business are more for an alliance than an independent firm. Businesses have risks and without any risk, comes a smaller reward. Taking a risk often yields a larger profit and room to grow/expand. Fixed costs are are costs that stay constant no matter the quantity of goods or service produced. 
5 0
3 years ago
The following financial information is from Bronco Company. All debt is due within one year unless stated otherwise. Retained Ea
Evgen [1.6K]

The amount of current liabilities is $23,600

Current liabilities refers to liabilities of a company that have to be settled in cash within the fiscal year.

The current liabilities here are Deferred revenue, Accounts payable and Interest payable. Note that notes payable are due in more than 12 months, so, these are not a current liability.

Amount of Current Liabilities = Deferred revenue + Accounts payable + Interest payable

Amount of Current Liabilities = $4,300 + $13,700 + $5,600

Amount of Current Liabilities = $23,600

<em>See related question here</em>

<em>brainly.com/question/15723359</em>

8 0
3 years ago
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