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NEW QUESTION: 1
Giant Investments filed a registration statement with the SEC for a new fund it wanted to introduce and has received word that the registration statement is now effective. Based on this, Jack, a registered representative with Giant Investments, can tell a client that:
A. because the SEC has recently approved the fund, it is likely to be a much safer investment than other, older funds in the same fund category.
B. the SEC warrants that there have been no misstatements of fact in the registration statement.
C. because the SEC has recently announced the fund's registration statement effective, the client can rest assured that it is a sound long-term investment.
D. the SEC pronouncement on the effectiveness of the registration statement means only that the SEC has deemed that enough information has been provided in the registration statement for the client to judge the quality of the investment for himself.
Answer: D
Explanation:
Explanation/Reference:
Explanation: Jack may tell his client that the recent SEC pronouncement regarding the effectiveness of the fund's registration statement means only that the SEC has deemed that enough information has been provided in the registration statement for the client to judge the quality of the investment for himself. The fact that a registration statement has been deemed effective does not mean that it is necessarily a sound investment, nor does it indicate anything regarding the relative safety of the fund when compared to other, older funds in the same category. It does not imply SEC approval. In fact, the prospectus must have a "no approval" statement printed on its front page. The SEC is not guaranteeing that there are no misstatements of fact in the registration statement, either.
NEW QUESTION: 2
A small architect architectural firm wants a compact printer with built in Wi-Fi and ePrinting capabilities to print from anywhere. Which printer should you recommend?
A. T1300ps ePrinter
B. Z2100 Printer
C. T120 ePrinter
D. T790ps ePrinter
Answer: C
Explanation:
Explanation/Reference:
NEW QUESTION: 3
While customizing the IBM SmartCloud Application Performance Diagnostics user interface, what happens when the size of a widget is changed?
A. All texts related to the widget and related data change in size.
B. No data will be displayed until the server and the browser are restarted.
C. The size of its text changes.
D. The size of its text remains the same.
Answer: A
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