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Author Question: In which of the following cases might an investor receive help from The Securities Investor ... (Read 86 times)

elarge

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Question 1

Heather places an order to buy 525 shares of stock. This is an order for
◦ five round lots and one odd lot.
◦ 21 round lots of 25.
◦ one odd lot.
◦ five hundred round lots and twenty-five odd lots.

Question 2

In which of the following cases might an investor receive help from The Securities Investor Protection Corporation?
◦ The investor purchased a stock at $40 per share because his broker recommended it.  Over the next six months, it fell to $20 per share.
◦ The investor purchases stock in a company that shortly later was forced into bankruptcy because of accounting fraud.
◦ The investor holds $100,000 worth of stock in certificate form.  The certificates are destroyed in a fire.
◦ A broker took money sent by investors to cover stock purchases, but never invested it and sent falsified statements to cover the fraud.


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Marked as best answer by elarge on Mar 29, 2022

bmac98

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elarge

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Reply 2 on: Mar 29, 2022
Great answer, keep it coming :)


ricroger

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Reply 3 on: Yesterday
:D TYSM

 

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