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NEW QUESTION: 1
Mr. Noah Scruples is a registered representative with CanDo Broker-Dealers. A client calls and wants Noah to purchase shares of a mutual fund the client has read about. CanDo is not authorized by this particular fund to effect purchases or sales of the fund shares.
Can Noah execute the order anyway?
A. No. This is a prohibited practice known as selling away.
B. Yes. Since this is an unsolicited trade, Noah can execute the transaction on behalf of his client.
C. No. This would be considered money laundering, which is highly illegal.
D. No. This is a prohibited practice known as front running.
Answer: A
Explanation:
Explanation/Reference:
Explanation: No. If CanDo is not authorized to effect purchases and sales of the fund, Noah would be engaged in the prohibited practice known as selling away if he were to execute the order. If his broker- dealer is not authorized to trade a security, Noah can't either.

NEW QUESTION: 2
Which of the following provides the BEST method to verify that security baseline configurations are maintained?
A. Perform quarterly risk assessments.
B. Analyze logs to determine user activities.
C. Design security early in the development cycle.
D. Perform regular system security testing.
Answer: D

NEW QUESTION: 3
Drag and Drop Question
Categorize the high availability network resources or feature items on the left by dragging them to the appropriate resiliency or management level on the right.

Answer:
Explanation: