Series-7 Exam Dumps - Series 7 General Securities Representative Qualification Examination (GS)

each is regulated under the Investment Company Act of 1940

the holder of each must pay income taxes on the dividends received each year

the registered representative must have FINRA registration to solicit either one

the payout of each depends on the investment results of the securities owned in the portfolio

a commission for each share purchased

a percentage of the sales charge

a processing fee

a percentage of the fund’s net asset value

changing shareholder registrations on the fund’s records

disbursing dividends and capital gains to the fund’s shareholders

lending the fund’s securities to banks or broker/dealers

maintaining sales records for the fund’s underwriter

$500

$200

$100

$50

after the company pays its outstanding bills, but before paying bank loans

after the bills are paid and the bank is paid, but before the preferred shareholders

before the holders of secured debt

after the shareholders of preferred stock

if the amount of the purchase is small and the transaction accords with the employee’s normal investment practice

if the member firm notifies the other broker/dealer of the transaction

if the employing broker/dealer guarantees that resale of the securities acquired by its employee will be restricted for two years

under no circumstances

the owners of debentures

the holders of common stock

the holders of common stock and the holders of preferred stock

the government

long one XYZ July 30 call

long one XYZ July 30 call and short one XYZ July 30 call

long two XYZ July 30 calls

long two XYZ July 15 calls