Finra Exam Series-6 Topic 4 Question 81 Discussion

Actual exam question for Finra's Series-6 exam

Question #: 81
Topic #: 4

[All Series-6 Questions]

MoeMoney Investments is a diversified management company. This means that:

Ait is a closed-end company.

Bit is a mutual fund.

Cit may invest no more than 5% of its investment monies in one issuer.

Dit must be invested in a variety of industries and geographic regions.

Show Suggested Answer

Suggested Answer: B

A broker dealer is required to file a Currency Transaction Report with the Treasury Department for any cash transaction exceeding $10,000. The report does not need to be filed if the transaction simply has a market value of $10,000, but does not involve cash (aka, currency.)

by Johnna at Jul 01, 2024, 12:05 PM

Limited Time Offer

25%

Off

Get Premium Series-6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Suzan

2 days ago

I believe it must be invested in a variety of industries and geographic regions.

upvoted 0 times

...

Yesenia

3 days ago

I think MoeMoney Investments is a mutual fund.

upvoted 0 times

...

Andra

8 days ago

I think the correct answer is D. A diversified management company must be invested in a variety of industries and geographic regions, rather than concentrating in a single issuer or market.

upvoted 0 times

...