Series 51: Exercise

Taken from our Series 51 Online Guide

Exercise

Answer true or false

  1. 1. True or false: The antifraud provisions of the Securities Acts apply only to municipal securities sold in the secondary market.
  2. 2. True or false: MSRB rules are guidelines that do not have the force and effect of federal law.
  3. 3. True or false: Municipal fund securities are exempt from the registration requirements of the Securities Act of 1933 as “exempted securities.”
  4. 4. Tr

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