Canadian Securities Course (CSC) Level 1 Test 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

What are the regulations regarding restricted shares as posted by stock exchanges and securities commissions?

Public disclosure is not required for restricted shares

Restricted shares must not be mentioned in any documents

Identifying restricted shares in press with a code is mandatory

The correct answer highlights the importance of transparency in the market regarding restricted shares. Identifying restricted shares in press releases with a specific code ensures that investors are aware of the nature of these shares and any restrictions that may apply to them. This practice is crucial for maintaining market integrity and providing investors with the information needed to make informed decisions.

Regarding the other options, public disclosure of restricted shares is actually required to ensure that investors are fully aware of their status, and mentioning them in documents is a part of maintaining transparency, so those options do not align with best practices in securities regulation. Additionally, there are indeed specific regulations imposed on restricted shares, making the notion of no regulations being imposed inaccurate.

Get further explanation with Examzify DeepDiveBeta

No specific regulations are imposed on restricted shares

Next Question

Report this question

Download Canadian Securities Course (CSC) Level 1 Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy