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NEW QUESTION: 1
Giant Investments mass mails a single-page, glossy flyer that lists the types of mutual funds it offers,
along with a general explanation of what the investment objective of each type of fund is. The flyer also
prominently provides Giant's contact information. Given these facts:
A. Giant Investments must submit a copy of this brochure within 10 days of its initial distribution date to
FINRA.
B. None of the above statements is true.
C. the brochure will be subject to spot checks by FINRA and will need to be kept on file.
D. a principal of Giant Investments must sign (or initial) and date the brochure, giving it his official
approval.
Answer: B
Explanation:
Given the facts about the content of the flyer, none of the statements is true. If Giant
Investments mass mails a flyer that only lists the types of mutual funds it offers along with a general
explanation of what the investment objective of each type of fund is and Giant's contact information, it has
issued only a generic advertisement as defined by Rule 135A of the Securities Act of 1933. As such, it is
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NEW QUESTION: 2
A. Option A
B. Option D
C. Option C
D. Option B
Answer: C
Explanation:
NEW QUESTION: 3
By requiring the user to use more than one finger to authenticate, you can:
A. Provide statistical improvements in ERR.
B. Provide statistical improvements in EAR.
C. Provide statistical improvements in MTBF.
D. Provide statistical improvements in FRR.
Answer: D
Explanation:
Statistical improvements in false rejection rates can also be achieved by requiring the user to use more than one finger to authenticate. Such techniques are referred to as flexible verification.
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