SIE - Securities Industry Essentials Exam

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The Securities Act of 1933 requires registration of

Japanese Yen futures contracts
A
Municipal notes
B
Convertible preferred shares
C
Treasury STRIPS
D

Explanations

The Securities Act of 1933 requires registration of corporate securities. Preferred shares are a type of corporate security. Federal and municipal securities are exempt. Answer ( A ) is a futures contract and is not a security.