1. Services provided by securities firms Which of the following are services that are commonly performed by a securities firm? Check all that apply. Private placement of stocks or bonds Managing customer securities portfolios Distribution of stock or bond offerings Approving registration statements for bonds to be issued Use the following table to determine which key term best represents each given definition that relates to the services provided by securities firms. Definition Key Term A document that outlines the agreement between a security issuer and the securities firm, and discloses all information relevant to the security that the firm plans to issue. When a firm creates a new subsidiary and subsequently distributes shares of stock to existing shareholders. This executes buy and sell orders on a client's behalf but does not provide them with valuable firm information or personal advice. This provides valuable firm information and personal advice to investors, as well as executing buy and sell orders on their behalf. Definition Key Term A document that outlines the agreement between a security issuer and the securities firm, and discloses all information relevant to the security that the firm plans to issue. Discount brokerage firm Full-service brokerage firm When a firm creates a new subsidiary and subsequently distributes shares of stock to existing shareholders. Registration agreement Spin-off This executes buy and sell orders on a client's behalf but does not provide them with valuable firm information or personal advice. This provides valuable firm information and personal advice to investors, as well as executing buy and sell orders on their behalf