SEC Regulations Related to Customer Quotations - Quiz & Worksheet


Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

The buying and selling prices disseminated publicly are called _____.

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 84,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. The SEC Rule prohibiting fictitious quotes is _____.

2. The SEC Rule that requires quotations to be followed by pertinent information related to the stocks such as a financial report, security characteristics, etc., is _____

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

The subject of stock quotations can be complex and challenging. This quiz/worksheet combo will help you evaluate your understanding of the regulations governing them.

Quiz & Worksheet Goals

These assessments will test you on the following:

  • Public buying and selling prices
  • SEC Rule which prohibits fictitious quotes
  • Regulation by the SEC that requires information about stocks to be included with quotations
  • Non-exchange quotation that is available to dealers, but not to the public
  • Value of penny stocks

Skills Practiced

  • Knowledge application - use your knowledge about SEC regulations to answer questions about how they are administered
  • Reading comprehension - draw the most important information from reading about customer quotations
  • Distinguishing differences - compare and contrast topics from the lesson, such as the different SEC rules and regulations

Additional Learning

SEC Regulations Related to Customer Quotations discusses these topics further. As you read it, learn more and work towards these goals:

  • Identify the individual who provides quotations to customers
  • Compare and contrast bid price and ask price
  • Explain the effect fictitious quotes could have on the stock market
  • Describe the purpose of the identifying numeric code given to brokers and dealers
  • Discuss the procedure regulating the sale of penny stocks