IIA Exam IIA-CFSA Topic 7 Question 55 Discussion

Actual exam question for IIA's IIA-CFSA exam

Question #: 55
Topic #: 7

''A negotiated offering in which a new issue of municipal securities is sold on an agency basis by a placement agent directly to institutional or private investors rather than through an offering to the general investing public'' is referred as:

APublic offering

BPrivate placement

Cover the counter trade

DNone of these

Show Suggested Answer

Suggested Answer: B

by Major at Jul 02, 2024, 07:39 AM

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Vi

1 months ago

Gotta be B) Private placement. The only thing that would make this question better is if it involved a yacht and a box of fine Cuban cigars.

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Vivan

2 months ago

Definitely B) Private placement. Ain't nothing more private than a bunch of big shots getting together to divvy up the spoils, am I right? *wink wink*

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Erinn

11 days ago

Private placement definitely adds a touch of secrecy and exclusivity to the deal.

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Arlene

18 days ago

I agree, private placement is all about exclusivity and keeping things under wraps.

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Cheryl

1 months ago

Yeah, you got it! Private placement is the way to go for those big shots.

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Alyssa

2 months ago

Hmm, B) Private placement seems legit. Although I have to say, the 'negotiated offering' part makes it sound more like a back-room deal than a proper financial transaction.

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Selma

9 days ago

I think it's all about targeting specific investors rather than the general public with private placements.

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Sheridan

26 days ago

Yeah, it does give off that secretive vibe with the 'negotiated offering' description.

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Corinne

1 months ago

I agree, B) Private placement does sound like a more exclusive type of transaction.

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Alfred

2 months ago

I'm going with B) Private placement as well. Sounds like a nice cozy little deal between the issuer and a select group of investors, away from all the riff-raff in the public market.

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Noelia

7 days ago

I agree, private placements can be a strategic way for companies to raise capital without the extensive regulatory requirements of a public offering.

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Caprice

25 days ago

Definitely, it's a more targeted approach compared to a public offering.

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Merilyn

2 months ago

Private placement is correct. It allows for more control over who gets to invest in the securities.

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Lorean

2 months ago

I'm going with B) Private placement as well. Sounds like a nice cozy little deal between the issuer and a select group of investors, away from all the riff-raff in the public market.

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Quiana

2 months ago

B) Private placement sounds like the correct answer here. Selling directly to institutional investors rather than the general public seems to fit the description.

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