Which of the following is not classed as a security under Uniform Securities Act?
Which of the following is NOT classed as a security under the Uniform Securities Act? A) Options on stocks. … Commodities such as gold, silver, wheat, and pork bellies are not securities. Options to purchase or sell commodity futures, options on stocks, and stocks are securities.
Which of the following transactions would not be exempt under the Uniform Securities Act?
Under the Uniform Securities Act, which of the following would NOT be considered an exempt transaction? … Sales to institutions, sales by fiduciaries, or unsolicited transactions are all exempt. An agent is registered in State X but not in State Y.
Which of the following is not defined as a security under the USA?
A Keogh plan, or any other retirement plan, is not defined as a security under the USA. A right or warrant, promissory note, and debentures are defined as securities.
Which tax advantaged product is not a security?
An IRA is a tax-deferred envelope that can hold securities, but it is not a security either!
What are the four major categories of securities How are they evaluated?
How are they evaluated? The four major categories of securities are Cash, Bonds, Stocks and Mutual funds. They are evaluated in the following ways: Cash which is your regular cash used to purchase everyday good a nd services and is also used to start up investment, it is one of the most popular forms of purchase.
Which of the following is an example of exempt securities?
Transactions by executors and estate administrators are examples of exempt transactions. Municipal and government bonds are exempt securities and whether or not they are exempt transactions depends on to whom or how they are sold (that information is not given in this question).
Which of the following instruments is not considered to be a security?
Under the USA, commodities futures contracts are not considered to be securities. The presumption is the instrument that underlies the futures contract is a commodity rather than a security.
Which of the following is a security exempt from the registration requirements?
Under the Uniform Securities Act, all of the following are exempt from registration EXCEPT: A) common stock only sold intrastate. … Common stock, not listed on any regulated exchange, purchased by an open-end investment company. Preferred stock issued by an insurance company authorized to do business in this state.
What is the Howey test used for?
The Howey Test attempts to determine if there is an “investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others.” If so, the transaction is subject to disclosure and registration requirements under the Securities Act of 1933 and the Securities Exchange …
What is not considered a security?
A non-security is an alternative investment that is not traded on a public exchange as stocks and bonds are. Assets such as art, rare coins, life insurance, gold, and diamonds all are non-securities. … Non-securities also are known as real assets.