Research indicates that the stock of BNM Corp. is in an inverted head and shoulders formation. This most likely signals:

According to FINRA rules, the best approach when investigating allegations of churning a customer’s account is to focus on:

Which of the portfolio positions described below has the greatest risk exposure?

In the opening of a new options account, certain procedures must be followed in accordance with CBOE and/or other SRO requirements. Which of the following represents the final step in the options account procedures?

Mrs. Couples has been referred to you by one of your long-time clients. It seems Mrs. C has an account at another B/D and would like to make a change. After speaking with you, she has decided to do an account transfer.

Which of the following most accurately describes the time requirements upon her soon-to-be former firm to complete the transfer process?

SEC Rule 10b-18 provides an opportunity for publicly traded issuers to reacquire their shares in the secondary market. To comply with this regulation:

You take note of the dividend payout ratios and earnings growth of a number of listed companies whose stock may be suitable for several of your customers. The data you’ve gleaned from the Continental Consolidated Corporation (CCC) shows latest reported EPS of $5.00/share with a dividend distribution of $2.50, while the data from the Bergen Fairfield Company (BFC) has EPS of $1.15 and no dividend distribution.

Which of the following conclusions might be drawn from these data, in the absence of any other information?

The Green Shoe option found in many stock prospectuses:

Non-recourse loans used to finance direct participation programs:

Mr. Palmer, a high risk tolerant high net worth client of yours, has the following position in his margin account:

Short 1000 shares XYZ at $50/sh.

Cr. Bal.   $ 75,000

Two weeks later, XYZ is trading at $40/sh. Assuming Palmer has not yet closed out his short position, his Cr. Bal. will now be: