CMFAS RES 2A (Set 2)
SGD 39.90
4 Sep 2025
CMFAS RES 2A Exam Question
When a Cross Trade is received, the order for the leg which has the better price than the last traded price must be:
a) entered
b) cancelled
c) cross-traded
d) offset
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CMFAS RES 2A (Set 1)
SGD 39.90 Add to cart4 Sep 2025
CMFAS RES 2A Exam Question
Which type of market manipulation describes a situation whereby a broker trades the opposite side of a customer's order with the intention to profit from the customer's order?
a) Bucketing
b) Cornering
c) Monopolising
d) Inflating
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CMFAS RES 1B (Set 2)
SGD 39.90 Add to cart4 Sep 2025
CMFAS RES 1B Exam Question
Which of the following goods and services qualify as acceptable soft dollar receipts?
a) Premises expenses
b) Employees' salaries.
c) Direct money payment.
d) Referral fees under a referral agreement.
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CMFAS RES 12B (Set 1)
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CMFAS RES 12B Exam Question
A dealer receives a call from a client instructing them to purchase a security that the dealer knows is highly speculative and unsuitable for the client’s risk tolerance. However, the client insists on executing the trade. Which of the following is the most appropriate action?
a) The dealer should proceed with the trade, as the client is responsible for their own investment decisions.
b) The dealer should explain the risks involved, attempt to dissuade the client, but ultimately execute the order if the client insists.
c) The dealer must refuse to execute the trade, as it is clearly unsuitable for the client.
d) The dealer should execute the trade immediately but document the client’s insistence on the trade to protect themselves from potential future complaints.
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CMFAS RES 4 (Set 2)
SGD 39.90 Add to cart4 Sep 2025
CMFAS RES 4 Exam Question
The offeree board must make a public announcement of a takeover offer under all the following situations except where:
a) it receives notification of a firm intention of offer from a serious source but does not view the offer favourably.
b) the offeree company is the subject of rumour or speculation about a possible offer.
c) negotiations between the offeror and the offeree company include only a restricted number of people.
d) the board of a company is aware that there are negotiations between a potential offeror and the holders of shares carrying 30% or more of the voting rights of a company.