Free CSI CSC2 Exam Dumps Questions & Answers

What is margin in an equity transaction?

• A.  Loan that a dealer extends to a client to buy securities.
• B.  interest paid by the client to borrows securities.
• C.  Amount paid by a client when he uses credit to buy securities
• D.  Good-faith deposit to ensure the client will make future financial obligations

Which document details certain rights of the investor and provides audited financial statements of a hedge fund structured as a limited partnership?

• A.  Managers discussion and analysis
• B.  Information folder
• C.  Offering memorandum
• D.  Fund Facts document

In Canada, which industries are categorized as defensive?

• A.  Energy and materials.
• B.  Energy and utilities.
• C.  Banking and utilities.
• D.  Baking and materials

What is the most accurate feature of a Canada Education Savings Grant (CESG)?

• A.  CESG payments are made directly to the RESP firm.
• B.  The maximum CESG per beneficiary is $2,500 annually.
• C.  CESG may be earned until the beneficiary is 21 years of age.
• D.  The maximum lifetime CESG per beneficiary is $8,500.

A financial institution is selling their pooled mortgages to a Special Purpose Vehicle. What process are they engaging in?

• A.  Credit spread arbitrage.
• B.  Merger strategy.
• C.  Asset securitization.
• D.  Share splitting.