In a negotiated offering, which of the following would register for a CUSIP number?

	Both Managing underwriter and Municipal advisor
	Municipal advisor
	Managing underwriter
	Neither Managing underwriter nor Municipal advisor

A broker-dealer is a financial advisor of a municipal issuer. If the advisor wishes to underwrite securities of the issuer through a competitive offering, what must the advisor do? I. Obtain written permission from the issuer II. Terminate the relationship III. Disclose the potential conflict of interest IV. Disclose the potential profit from the underwriting

	II, III, and IV
	I only
	I, II, III, and IV
	II and III

An investor sells short 1,000 shares of XYZ at $40 in a margin account. If XYZ increases to $50, what is the maintenance call?

	$5000
	$0
	$2500
	$1500

An investor buys 1,000 shares of DEF at $40 in a margin account. If DEF drops to $34, by how much is the account restricted?

	$8,000
	$6,000
	$2,000
	$3,000

do as much as you can! anything is appreictaed