1 .		Stocks and bonds: [Hint]   Are used to accumulate wealth.   Are used to raise capital.   Are used to finance pensions and insurance plans.   All the above.
2 .		Federal regulation of securities by Congress was prompted by: [Hint]   The Kansas state scandal of 1912.   The collapse of the stock market in 1929 and the decline of the market from 1929 to 1933.   The Nixon scandal in Watergate.   None of the above.
3 .		Which statement is not true concerning the Securities Exchange Act of 1934? [Hint]   It controls trading in securities once they are issued.   Another name for it is the Exchange Act.   It requires brokers and dealers to register with the SEC.   Attorneys are required to sign all legal documentation in the exchange of all securities.
4 .		What act regulates the issuance of bonds or other debt securities in excess of $5,000,000? [Hint]   The Trust Indenture Act of 1939.   The Securities Investor Act of 1970.   The Market Reform Act of 1990.   The Investment Company Act of 1940.
5 .		Which act gives the SEC the authority to regulate the structure and operation of public investment companies that invest in and trade in securities? [Hint]   The Market Reform Act of 1990.   The Investment Securities Act (ICA) of 1940.   The Securities Investor Act of 1970.   The Trust Indenture Act of 1939.
6 .		Which of the following statements is true concerning the Foreign Corrupt Practices Act (FCPA)? [Hint]   It sets out a "knowing standard" of liability for corporate management.   It prohibits the payment of anything of value to influence a foreign official's action.   It requires all companies to set up reasonable internal controls.   All of the above.
7 .		Chapter 11 of the Bankruptcy Reform Act of 1978: [Hint]   Gives the SEC authority to render advice when certain debtor companies have filed for reorganization.   Gives the SEC authority to render advice and control the action when certain debtor companies have filed for reorganization.   Gives the SEC authority to disallow certain corporate bankruptcies.   None of the above.
8 .		The Investment Company Act (ICA) of 1940: [Hint]   Gives the SEC authority to regulate and control public investment companies that deal with the government.   Gives the SEC authority to regulate and control public investment companies that invest in and trade in securities.   Gives the SEC authority to prohibit foreign investment when dealing with a communist nation.   None of the above.
9 .		Securities have: [Hint]   No value in and of themselves.   A value of what is stamped on them.   A value of at least par as stated on the certificate.   A value only if it is set by the SEC.
10 .		Which is not a division of the Securities and Exchange Act (SEC)? [Hint]   Investment Management   Market Regulation   Enforcement   Business Ethics
11 .		Which act regulates the initial public offerings of securities? [Hint]   The Trust Indenture Act of 1939   The Investment Act of 1940   The Securities Exchange Act of 1934   The Securities Act of 1933
12 .		Which act regulates the trading in securities? [Hint]   Securities Act of 1933   Securities and Exchange Act of 1934   Market Reform Act of 1990   None of the above.
13 .		The Market Reform Act of 1990: [Hint]   Regulates trading during periods of depression.   Regulates trading during periods of extreme volatility.   Has no regulation of stock in its provisions.   Is concerned with foreign investment.
14 .		The Securities Investor Protection Act of 1970: [Hint]   Supervises the liquidation of financially troubled brokerage firms.   Supervises the break up of financially troubled brokerage firms.   Controls the market in times of distress.   Controls the issuance of new stock.
15 .		The Foreign Corrupt Practices Act of 1977: [Hint]   Prohibits payment of anything of value to communist nations.   Prohibits payment of anything of value to influence foreign officials' actions.   Prohibits payment of anything of value to terrorist organizations.   None of the above
16 .		The Securities Act of 1933 regulates the initial public offering of a stock or other security. [Hint]  True  False
17 .		The Securities Exchange Act of 1934 regulates public utility and holding companies. [Hint]  True  False
18 .		The Trust Indenture Act of 1939 regulates the public issuance of bonds and other securities. [Hint]  True  False
19 .		The Investment Company Act of 1970 supervises the structure and operation of public investment companies. [Hint]  True  False
20 .		The Trust Indenture Act of 1939 regulates trading in periods of extreme volatility. [Hint]  True  False
21 .		The Securities and Exchange Commission was created for the purpose of insuring investors "full and fair" disclosures to public offering of securities. [Hint]  True  False
22 .		The Securities Act of 1933 provides remedies for individuals who have been victims of misrepresentation in a registration statement. [Hint]  True  False
23 .		The Bankruptcy Reform Act of 1978 gives the SEC authority to cancel bankruptcies for corporations if guilty of a bankruptcy fraud. [Hint]  True  False
24 .		The Securities and Exchange Act of 1934 regulates the initial public offering of securities.   True  False
25 .		The SEC regulates trading during periods of extreme volatility through the Securities Act of 1933. [Hint]  True  False
26 .		SEC can regulate the public issuance of bonds and other debt securities through the power given in the Trust Indenture Act of 1939. [Hint]  True  False
27 .		The SEC is controlled by the laws in the individual states. [Hint]  True  False
28 .		The Securities Enforcement Remedies and Penney Reform Act regulates through cease and desist orders. [Hint]  True  False
29 .		The Securities Act of 1933 requires the registration of all securities. [Hint]  True  False
30 .		A "red herring" report is a written preliminary report by a company. [Hint]  True  False
31 .		Find the Securities and Exchange Commission on the net and write of one thing that this site provides to the viewer. [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
32 .		A major problem with stocks in America has always been "insider trading". Give a complete definition of "insider trading". [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.
33 .		In our chapter, we read all about securities. We learned of the protections afforded us by the SEC. What exactly is a security? [Hint] To create paragraphs in your essay response, type <p> at the beginning of the paragraph, and </p> at the end.