American Bankers Association Exam CTFA Topic 10 Question 51 Discussion

Actual exam question for American Bankers Association's CTFA exam

Question #: 51
Topic #: 10

[All CTFA Questions]

A best efforts offering is sometimes used in connection with a of new, long-term securities.

APrivate placement

BPrivileged subscription

CPublic issue

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Tonette at Aug 07, 2023, 04:41 AM

Limited Time Offer

25%

Off

Get Premium CTFA Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Chan

17 days ago

A best efforts offering? Sounds like something I do when I'm trying to hit the gym every day. 'Best efforts' and 'consistent results' don't exactly go hand-in-hand.

upvoted 0 times

Larae

1 days ago

A best efforts offering is a type of securities offering.

upvoted 0 times

...

Antonio

23 days ago

I'd better not offer my best efforts on this exam, or I might end up with a 'best' result of a big, fat 'F'.

upvoted 0 times

Haydee

3 days ago

A) Private placement

upvoted 0 times

...

Yun

1 months ago

Hmm, I'm going to have to go with private placement on this one. Best efforts offerings and public issues just don't seem to fit together.

upvoted 0 times

...

Alecia

1 months ago

All of the above? Really? I doubt that's the right choice here. A best efforts offering is a pretty specific concept.

upvoted 0 times

Marshall

16 days ago

B) Privileged subscription

upvoted 0 times

...

Cyril

23 days ago

A) Private placement

upvoted 0 times

...

Joaquin

1 months ago

I agree, a private placement is the correct answer. Public issues typically have a more formal underwriting process, not a best efforts offering.

upvoted 0 times

...

Romana

2 months ago

A private placement seems like the most fitting answer here. Best efforts offerings are usually associated with private placements, not public issues.

upvoted 0 times