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Series 53 - Municipal Securities Principal Practice Exam 09

Practice exam for Series 53 - Municipal Securities Principal.

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Question 1 of 1000%

Time remaining120:00

Attempts allowedUnlimited

Difficulty mixE • M • H

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Question 1

MEDIUM

120:00

A municipal securities principal is reviewing a political contribution made by a municipal securities professional (MSP). Which outcome is most consistent with MSRB Rule G-37?

Rule G-37 can trigger a time-limited ban on municipal securities business with an issuer when covered contributions are made by covered persons. The rule is designed to address pay-to-play practices.

Select one answer

The contribution is prohibited in all cases and must be refunded within 30 days

The contribution may trigger a ban on municipal securities business with the issuer for a specified period

The contribution is permitted only if pre-approved by the MSRB

The contribution is permitted only if disclosed to the issuer’s treasurer in writing

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Series 53 - Municipal Securities Principal Practice Exam 09

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