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Finra Series-7 Exam - Topic 1 Question 72 Discussion

Posted by Rory on Jul 25, 2023 at 02:27 AM

Which of the following is not provided for by Blue Sky laws?

Suggested Answer: C

they are adjusted for cash dividends. This is the statement that is ''not'' true.


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37 comments · newest first
ED
Edgar 11 months ago
A, B, and D are all included in Blue Sky laws.
GA
Garry 12 months ago
I thought all securities fraud was covered by state laws.
HA
Hassie 12 months ago
Wait, interstate mail fraud isn't under Blue Sky? That's surprising!
LO
Lorean 1 year ago
Definitely not C, that's federal territory.
AL
Almeta 1 year ago
Blue Sky laws cover registration of securities and dealers.
CH
Christene 1 year ago
I remember that Blue Sky laws are state-specific, but I can't recall if they cover mail fraud. That one seems tricky!
KA
Karina 1 year ago
I practiced a question similar to this, and I think registration of representatives is usually handled differently.
SH
Shayne 1 year ago
I'm a bit unsure about the interstate mail fraud part. I feel like that might fall under federal law rather than state regulations.
HU
Huey 1 year ago
I think Blue Sky laws focus on protecting investors, so I remember they definitely cover registration of securities and dealers.
ST
Stanford 1 year ago
Okay, let me think this through. The image shows a square-shaped code, so it's likely either a QR code or a barcode. I'll eliminate the other options and focus on those two.
SH
Shelba 1 year ago
Hmm, I'm a bit unsure about this one. The requirements mention things like account information and dashboards, so I'm not sure if the Customer Community license is the right fit. I'll need to think this through carefully.
HO
Hoa 1 year ago
Okay, let's think this through step-by-step. We need to migrate the data warehouse and set up real-time updates, so we'll need tools for both tasks.
TI
Titus 1 year ago
Hmm, I'm a bit unsure about this one. I'm debating between B and C, but I'm not totally confident in either answer.
SU
Susana 1 year ago
Registration of securities dealers? That's like trying to herd cats. I'm still trying to figure out what Blue Sky laws actually do.
LA
Lashawn 1 year ago
↳ replying to Susana
That makes sense. So, which option do you think is not provided for by Blue Sky laws?
AL
Alaine 1 year ago
↳ replying to Susana
I think Blue Sky laws are meant to protect investors from fraudulent securities practices.
OC
Ocie 1 year ago
↳ replying to Susana
I know, it's like a maze trying to understand all the different regulations.
MA
Marta 1 year ago
↳ replying to Susana
It's definitely confusing. Blue Sky laws vary by state, so it can be hard to keep track.
TA
Tawanna 1 year ago
Ah, the good old Blue Sky laws. They're supposed to protect investors, not create a maze of bureaucracy. I'll go with C on this one.
MA
Malcolm 1 year ago
↳ replying to Tawanna
Actually, it's A, registration of representatives.
YU
Yun 1 year ago
↳ replying to Tawanna
I think it's D, registration of securities dealers.
DA
Dana 1 year ago
↳ replying to Tawanna
I agree, C seems like the odd one out.
RE
Reuben 2 years ago
Interstate mail fraud? That's like trying to sell the Brooklyn Bridge over the internet. C'mon, that's not what Blue Sky laws are about.
AB
Abraham 1 year ago
↳ replying to Reuben
C) interstate mail fraud in securities offerings
TA
Tatum 1 year ago
↳ replying to Reuben
B) registration of securities offered in the state
TH
Theron 1 year ago
↳ replying to Reuben
C) interstate mail fraud in securities offerings
YV
Yvette 1 year ago
↳ replying to Reuben
B) registration of securities offered in the state
EU
Eura 1 year ago
↳ replying to Reuben
A) registration of representatives
MI
Mica 1 year ago
↳ replying to Reuben
A) registration of representatives
DA
Dahlia 2 years ago
Blue Sky laws? I thought we were talking about clear skies and sunshine. This question is as cloudy as a rainy day.
SH
Shaniqua 1 year ago
↳ replying to Dahlia
D) registration of securities dealers
GL
Glory 1 year ago
↳ replying to Dahlia
C) interstate mail fraud in securities offerings
KE
Kerry 1 year ago
↳ replying to Dahlia
B) registration of securities offered in the state
JA
Janessa 2 years ago
↳ replying to Dahlia
A) registration of representatives
LA
Lavonna 2 years ago
I'm not sure about this one. Can someone explain why C) is the correct answer?
JA
Jaclyn 2 years ago
I agree with Oliva. Blue Sky laws focus on registration and oversight, not on fraud prevention.
OL
Oliva 2 years ago
I think the answer is C) interstate mail fraud in securities offerings.
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