VTC Leveraged Foreign Exchange Trading Paper 2 Exam (Responsible Officer) Free Trial Set Two

In the Securities and Futures (Fees) Rules, within how many days after the delivery by the Takeovers Appeal Committee an additional fee of $20,000 shall be payable by the person to the Commission in respect of each day on which the Takeovers Appeal Committee meets for the purposes of the review of the appropriateness of any sanction imposed by it?

Which of the following authority has the power to refund any paid fee in whole or in part provided under the Securities and Futures (Fees) Rules?

In the Securities and Futures (Fees) Rules, what is the amount of fee payable on an application under Part IV section 104(1) of the Ordinance for the authorization of a collective investment scheme that maintains more than one fund?

In the Securities and Futures (Licensing and Registration) (Information) Rules, which of the following particulars of the individual included in the basic information in relation to an individual?

I. The business, residential and correspondence addresses of the individual.
II. The contact telephone and facsimile numbers and electronic mail address of the individual.
III. The Chinese commercial code and the number on his identity card issued.
IV. The holder of a permanent identity card, the number, expiry and the name of the issuing agency of his passport.

In the Securities and Futures (Licensing and Registration) (Information) Rules, Information to be provided with Applications to which of the following authority, by a licensed corporation and registered institutions for the provision of basic information in respect of each controlling person of the applicant?

In the Securities and Futures (Licensing and Registration) (Information) Rules, which of the following changes in respect of particulars of any intermediary corporation that is, or becomes, or ceases to be an associated entity should be notified by a licensed corporation?

I. Changes in the CE number of the corporation.
II. Changes in the date of becoming, or ceasing to be an associated entity of the corporation.
III. Changes in the basic information in respect of its executive officers (if any).
IV. Changes in the basic information in respect of the corporation.

In the Securities and Futures (Fees) Rules, how much an additional fee shall be paid by a person to the Commission within 30 days after the delivery by the Takeovers Appeal Committee in respect of each day on which the Takeovers Appeal Committee meets for the purposes of the review of the appropriateness of any sanction imposed by it?

In the Securities and Futures (Keeping of Records) Rules, which of the following type of information for each leveraged foreign exchange contract should be revealed in the record kept by a licensed corporation licensed for leveraged foreign exchange trading?

I. The bid and offer prices quoted by a licensed corporation to the client.
II. The price at which the contract is executed.
III. Any written notice is given by a licensed corporation to the market.
IV. The bid and offer prices at the time of execution of the contract as quoted.

In the Securities and Futures (Contract Notes, Statements of Account and Receipts) Rules, how many years of imprisonment should be granted to an intermediary, or an associated entity of an intermediary on conviction on an indictment after contravenes any provision of these Rules that applies to it, with intent to defraud and commits an offense?

In the Securities and Futures (Licensing and Registration) (Information) Rules, which of the following, the Commission assigns the central entity identification number (CE number)?

I. Commission assigns to an intermediary.
II. Commission assigns to a licensed representative.
III. Commission assigns to an applicant.
IV. Commission assigns to an associated entity of an intermediary.

In the Securities and Futures (Financial Resources) Rules, what is the minimum amount of required liquid capital for the type 3 regulated activity in the case where the licensed corporation in question is an approved introducing agent?

In the Securities and Futures (Financial Resources) Rules, what is the minimum amount of required liquid capital for the type 5 regulated activity in the case where the licensed corporation in question is subject to the specified licensing condition?

In the Securities and Futures (Financial Resources) Rules, which of the following are the haircut percentages for listed shares which are listed on a specified exchange in Japan, other than shares which are listed on the Tokyo Stock Exchange, Inc?

I. Haircut percentage is 15% for being a constituent of the Nikkei Stock Average.
II. Haircut percentage is 15% for not being a constituent of the Nikkei Stock Average.
III. Haircut percentage is 30% for being shares which are listed on the Tokyo Stock Exchange, Inc.
IV. Haircut percentage is 20% for not being a constituent of the Nikkei Stock Average.

In the Securities and Futures (Financial Resources) Rules, which of the following case the haircut percentage is 40% that is applicable to the permitted securities where Special debt securities being a structured note?

I. The permitted underlying asset is permitted securities.
II. The permitted underlying type of rate is the currency exchange rate.
III. The permitted underlying type of rate is permitted interest rate.
IV. The permitted underlying asset is a tradable commodity.

In the Securities and Futures (Financial Resources) Rules, which of the following months during a year a licensed corporation should submit a return to the Commission in respect of each period of 3 months at the end of which it remains licensed?

In the Securities and Futures (Financial Resources) Rules, which of the following type of information is included in the return submitted by a licensed corporation to the Commission in respect of each period of 6 months at the end of which it remains licensed?

I. Its liquid capital computation, as at the end of the 6 month period.
II. A summary of bank loans and other financial accommodation available to it, as at the end of the 6 month period.
III. An analysis of its profit and loss account.
IV. Its required liquid capital computation, as at the end of the 6 month period.

In the Securities and Futures (Financial Resources) Rules, which of the following time a licensed corporation should submit a return to the Commission in respect of each period of 6 months at the end of which it remains licensed?

In the Securities and Futures (Financial Resources) Rules, what is the minimum amount of required liquid capital for the Type 1 regulated activity in the case where the licensed corporation in question is an approved introducing agent or trader?

In the Securities and Futures (Financial Resources) Rules, which of the following does not include for any assets or instrument that is held by a person in terms of miscellaneous investment?

I. Any asset or instrument held by a person for the purpose of a bank deposit.
II. Any asset or instrument held by a person for the purpose of resale.
III. Any asset or instrument held by a person for the purpose of a specified investment.
IV. Any asset or instrument held by a person for the purpose of an illiquid investment.

In the Securities and Futures Ordinance (SFO), which of the following persons has the authority to destroy any documents relating to an arbitration process of any dispute?

I. The clerk may destroy any document relating to arbitration.
II. The chairman may destroy any document relating to arbitration.
III. The court may destroy any document relating to arbitration.
IV. The arbitrator may destroy any document relating to arbitration.