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larisa86 [58]
3 years ago
8

Under the Uniform Securities Act, a structured security issued by an investment bank is a(n):_________

Business
1 answer:
kari74 [83]3 years ago
7 0

Answer:

Under the Uniform Securities Act, a structured security issued by an investment bank is a(n):

  • Non Exempt Security

Explanation:

  • Uniform Securities Act is such an act that provide assistance in the law enforcement and regulation to the Securities and Exchange Commission of the United States of America.
  • Under this act, a structured security issued by an investment bank is a non exempt security and these securities remain non-exempt under both federal law and state law.
  • A structured security is basically similar to the investments like bonds which are not backed by the physical asset. They are backed by the promise of the issuing bank.
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Assume that the hourly price for the services of tarot card readers has risen and sales of these services have also risen. One c
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Suppose that $2500 is placed in a savings account at an annual rate of 5%, compounded quarterly. Assuming that no withdrawals ar
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