Federal Covered Securities

Question 1

Securities Listed on the New York Stock Exchange, the Chicago Stock Exchange, the Nasdaq and Several other U.S. exchanges are Federally Covered.

Answer 1

Securities Listed on the New York Stock Exchange, the Chicago Stock Exchange, the Nasdaq and several other U.S. exchanges are Federally Covered

Question 2

Any security equal in seniority (rights or warrants) or senior to these securities such as bonds and preferred stock are also Federally Covered

Answer 2

Any security equal in seniority (rights or warrants) or senior to these securities such as bonds and preferred stock are also Federally Covered

Question 3

Investment Company securities registered under the Investment Company Act of 1940 such as:

Answer 3

Open end and closed end management companies(Mutual funds)

Unit Investment Trusts

Face amount certificates

Are all Federally covered

Question 4

Offers and Sales of certain exempt securities such as:

Answer 4

Any security issued or guaranteed by the United States or any bank regulated by the Federal Reserve Board

Securities offered by a municipal issuer, unless the issuer is located in the state in which the municipal securities are being offered

offers and sales of securities sold through certain exempt transactions, such as securities offered to qualified purchasers under Regulation D of the Securities Act of 1993(private placements)