Ch 5 Deck 7

Question 1

During mediation, a neutral mediator tries to help the parties

Answer 1

come up with a solution that is agreeable to both parties.

Question 2

Mediation proceedings are

Answer 2

confidential.

Question 3

Mediation settlement is

Answer 3

non-binding

Question 4

in Mediation either party can

Answer 4

leave at any time.

Question 5

If a registered person enters military service, they go on

Answer 5

inactive status

Question 6

a rep entering military service goes on inactive status upon

Answer 6

notification to FINRA

Question 7

A rep entering military service may no longer

Answer 7

perform normal duties

Question 8

A rep entering military service remains

Answer 8

registered for FINRA purposes

Question 9

A rep entering military service can continue to retain

Answer 9

a share in commissions from former accounts

Question 10

A rep entering military service’s continuing education requirements are

Answer 10

suspended

Question 11

When a rep enters military service, the two-year license expiration period period is

Answer 11

tolled (delayed)

Question 12

A rep entering military service’s 2-year license expiration tolled beginning on the date

Answer 12

the person enters active military service

Question 13

A rep entering military service’s 2-year license expiration is tolled and ends

Answer 13

90 days after completion of military service

Question 14

If rep who entered military service can reregister after leaving within

Answer 14

90 days of completing active service

Question 15

If a rep who entered military service does not reregister within 90 days of leaving active service

Answer 15

his registration is terminated

Question 16

A research report is a communication to at least

Answer 16

15 clients

Question 17

a research report analyzes

Answer 17

an individual security

Question 18

a research report includes enough information to

Answer 18

help investors make investment decisions

Question 19

Research reports are written by

Answer 19

Research analysts

Question 20

Research analysts take these exams

Answer 20

Series 86/87

Question 21

Research reports must disclose market

Answer 21

price of security

Question 22

Research reports must disclose whether the member firm

Answer 22

is a market maker in the security

Question 23

Research reports must disclose whether there is a control relationship

Answer 23

between the member and issuer

Question 24

Control relationship for research reports purposes is

Answer 24

member holts 10% of issuer’s stock

Question 25

Research reports must disclose whether the member was a manager or co-manager

Answer 25

on an offering of the issuer

Question 26

Research reports must disclose whether the member was a manager or co-manageron an offering of the issuer only if within

Answer 26

the last 12 months

Question 27

Research reports must disclose if the member has a financial interest

Answer 27

in the security

Question 28

If the member has a financial interest in the subject security of a research report, the report must disclose

Answer 28

what the interest in the security is

Question 29

If research reports show a price history on the security, it must go back at least

Answer 29

12 months

Question 30

If a research report shows past recommendations, it must show all

Answer 30

past comparable recommendations

Question 31

A research report must offer to provide

Answer 31

additional information on request