CISI UAE-Financial-Rules-and-Regulations Q&A - in .pdf

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  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
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NEW QUESTION: 1
HiTop Investments main office is located in the state of Colorado. A registered representative of the firm sent out an e-mail to his clients, some of whom reside in other states, promoting the firm's Colorado Municipal Bond Fund, which invests exclusively in bonds offered by the state and local governments of Colorado. In the e-mail, the representative states, "These bonds provide income that is free from both federal and state taxes and may also be free from local taxation, if any exists." Is this e-mail in violation of any securities' laws?
A. No. Since the fund invests exclusively in bonds offered by the state and local governments of Colorado, the representative's statement contains no misstatement of fact.
B. Yes. A fund that invests only in bonds offered by state and local governments of one state may not be sold to investors who reside in other states.
C. Yes. Advertisements referring to a specific fund may not be distributed by electronic means.
D. Yes. The representative's statement that the" bonds provide income that is free from both federal and state taxes and may also be free from local taxation, if any exists," is untrue.
Answer: D
Explanation:
Explanation/Reference:
Explanation: Yes, the e-mail is in violation of the Securities Act of 1933 because the representative's statement that the "bonds provide income that is free from both federal and state taxes and may also be free from local taxation, if any exists," is an untrue statement of a material fact. Although the income will be free from federal taxation, residents of states other than Colorado will likely be required to pay state and local income taxes on the interest earned. It is not illegal to sell municipal bonds to investors in other states or to distribute advertisements by electronic means.

NEW QUESTION: 2
Refer to the exhibit. An engineer is integrating a new partner company and has discovered an IP address overlap. Which configuration allows the organizations to communicate without changing the IP addressing scheme?

A. ip nat pool NAT-Outside 10.10.10.1 10.10.10.254 netmask 256.255.255.0 type match-host
B. ip nat pool NAT-Outside 10.10.10.1 10.10.10.254 prefix-length 25 type match-host
C. ip nat inside source list NAT-List pool NAT-Outside overload type match-host
D. ip nat pool NAT-Outside 10.10.10.1 10.10.10.254 255.255.255.0 type match-host
Answer: C

NEW QUESTION: 3
When the system is configured to boot a volume from the root system, you get an error "VxVM vxconfigd ERROR V-5-1-1049 System boot disk does not have a valid rootvol plex".
How will you resolve this error?
A. Reboot the system.
B. Stop and restart the vxconfigd daemon on the node indicated.
C. Check other error messages appearing on the console and take the actions suggested in the descriptions of those messages.
D. Try to boot from one of the named disks using the associated boot command that is listed in the message.
Answer: D

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