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1. A person engaged in the business of buying and selling securities for the account of others. A. Dealer C. Broker B. Agent D. Any

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1. A person engaged in the business of buying and selling securities for the account of others. A. Dealer C. Broker B. Agent D. Any of the above 2. It is the document made by or on behalf of an issuer, underwriter or dealer to sell or offer securities for sale to the public through registration statement filed with the Securities and Exchange Commission. A. Application C. Securities statement B. Prospectus D. Any of the above 3. A form of market manipulation whereby market players attempt to influence the price of a security by buying and selling it among themselves to create the appearance of substantial trading activity. A. Painting the tape B. Hype and dump C. Short and distort D. Wash sale 4.Statement 1: In a "By" account, Ana by Ben, Ana is the depositor. Statement 2: In an "In Trust For" (ITF) account, Ana In Trust For Ben, Ben is the depositor. Statement 3: In a "For the Account of" (FAO) account, Ana For the Account of Ben, Ben is the depositor. Statement 4: In an account with combined Joint and FAO/ITF, Ana and/or David In Trust For Ben, Ben is the depositor. A. All are true C. Only 2 statements are true B. All are false D. Only 3 statements are true 5. PDIC insures valid deposits in domestic offices of its member banks, as follows: A. By deposit type only B. By deposit type and deposit account C. By deposit type, deposit account, and by currency D. By depositor 6. What is the maximum deposit insurance coverage under PDIC? A. P500,000 per bank B. P500,000 per depositor C. P500,000 per account D. P500,000 per deposit 7. Juan has the following savings deposits with several PDIC insured banks: Bank 1 P 300,000 Bank 2 100,000 Bank 3 600,000 How much deposit is covered by PDIC law? A. P300,000 B. P400,000 C. P500,000 D. P900,000 8. When should the depositor of a closed insured bank file his claim with PDIC? A. 24 months from date of bank takeover B. 24 months from notice by bank C. 12 months from date of bank takeover D. 12 months from notice by bank 9. What are exceptions to the secrecy of foreign currency deposits? A. Upon written permission by depositor B. Report of banks to the Anti-Money Laundering Council of covered and/or suspicious transactions C. In cases of bribery or dereliction of duty of public officials D. All of the above

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