Series 99: Exercise

Exercise

Answer the following questions.

1. 1. John is a research analyst at ACME. The supervisor of the investment banking department at ACME wants to be involved in the review of a research report completed by John. Which of the following is true of the duties of the supervisor in investment banking?
2. A. The supervisor may discourage John’s research report from being published without going through compliance or legal.
3. B. The supervisor may discourage the report from being published if he documents this with compliance or legal.
4. C. The supervisor may influence changes to some of the content of the report prior to it being published if he documents the changes with the legal department.
5. D. The supervisor may not do any of the listed choices.
6. 2. According to FINRA, a “research report” is:
7. A. A broad-based index discussion
8. B. A general discussion of market or economic conditions
9. C. A discussion of supply and demand for a sector
10. D. An analysis of an individual company that contains enough information to make an investment decision
11. 3. What is the purpose of the Research Analysts and Research Reports Rule?
12. A. To make sure that research analysts are properly trained
13. B. To make sure that investment banking is run s