1. Imposing reserve requirements on deposits received is the responsibility of the A. IC B. SEC C. BSP D. PDIC

2. Within how many days should the required annual financial reports for the submission to the SEC be made by the issuer of the securities? A. 180 days after the end of the issuer's fiscal year B. 135 days after the end of the issuer's fiscal year C. 100 days after the end of the issuer's fiscal year D. 120 days after the end of the issuer's fiscal year

3. The regulatory agency that is responsible for all depository institutions is A. IC B. SEC C. BSP D. PDIC

4. The regulatory agency responsible for the formulation of policies and recommendation concerning the securities market is the A. BSP B. IC C. LGU D. SEC

5. You recently sold to your brother 200 shares of Disney stock, and the transfer was made through a broker, and the trade occurred on the NYSE. This is an example of: A. A futures market transaction. B. A primary market transaction. C. A secondary market transaction. D. A money market transaction