Question 1

Why would the Authority board resolve temporarily to halt trading in the shares of any company?

Options :

A : A written complaint is made relating to a market activity

B : A threat to the proper and regular working of that market arises

C : It transpires that the spouse of a board member is a director of that entity

D : It does not have the technical equipment necessary to conduct its activity electronically

Answer: B

Question 2

If an error in the final cash settlement price of an equity index comes to the attention of the Exchange more than 30 minutes after the publication of the final cash settlement price, what happens?

Options :

A : No correction will be made

B : The provider will correct it

C : It will be re-determined

D : Liability is apportioned

Answer: A

Question 3

Which of the following is one of the prescribed financial activities for which the Authority can issue a license?

Options :

A : Analysis

B : Promotion

C : Corporate planning

D : Risk management

Answer: D

Question 4

Under what circumstances must licensed entities provide the Authority with copies of appropriateness reports issued to clients?

Options :

A : Routinely on a monthly basis

B : Routinely on a quarterly basis

C : Only if a complaint is made

D : Only if requested by them to do so

Answer: D

Question 5

Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?

Options :

A : Deposit not less than 90% of the public subscription proceeds within one business day of receipt

B : Deposit not less than 90% of the public subscription proceeds within two business days of receipt

C : Deposit not less than 100% of the public subscription proceeds within one business day of receipt

D : Deposit not less than 100% of the public subscription proceeds within two business days of receipt

Answer: C