CMFAS RES 2A (Set 2)

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9 Apr 2026

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)

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    9 Apr 2026

    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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    A dealer receives a client’s order to purchase a derivative product. However, the dealer is aware that the market conditions suggest the price may decline shortly after the trade is executed. Which of the following actions is considered a violation?

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  • CMFAS RES 3 (Set 1)

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    CMFAS RES 3 Exam Question

    An FMC conducting fund management activity should report which of the following as assets under the FMC’s non-discretionary management?

    a) The moneys contracted to the investment manager in respect of which the FMC has an agreement to provide the fund management services.

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