Series 79: Chapter 6 Practice Questions

Chapter 6 Practice Questions

1. 1. In an offering of securities involving an underwriting syndicate, in which document is the underwriting spread typically set out?
2. A. Agreement among underwriters
3. B. Underwriting agreement
4. C. Selected dealers agreement
5. D. Lock-up agreement
6. 2. Selle & Profitt is an underwriter involved in the distribution of a follow-on public offering of shares by Techrangutan, a software company. Techrangutan has a public float of $8 million and an average daily trading volume of $85,000. Is Selle & Profitt prohibited from purchasing Techrangutan shares during a restricted period, and if so, for how long before the offering price