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CSI CSC1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Derivatives | 10% | - Options, futures and forwards - Uses, risks and basic strategies |
| Financing and Listing Securities | 7% | - Listing requirements and rules - Primary market and issuance process |
| The Canadian Investment Marketplace | 16% | - Market participants and roles - Structure of Canadian financial system - Regulators and self-regulatory organizations |
| Features and Types of Fixed-Income Securities | 12% | - Characteristics, risks and benefits - Government and corporate bonds - Types of fixed-income instruments |
| Common and Preferred Shares | 13% | - Valuation and classification - Equity features and rights - Dividends and corporate actions |
| The Economy | 13% | - Monetary and fiscal policy - Macroeconomic principles and indicators - Impact of economic factors on investments |
| Equity Transactions | 10% | - Order types and execution - Margin and short selling - Trading mechanics and regulations |
| Regulation and Ethics | 8% | - Industry regulations and compliance - Client suitability and disclosure - Code of conduct and ethical standards |
| Pricing and Trading of Fixed-Income Securities | 11% | - Price-yield relationship - Valuation and pricing methods - Trading and settlement processes |
CSI Canadian Securities Course Exam 1 Sample Questions:
1. What is one at the advantages for the company when shares are publicly listed?
A) Need to keep market participants informed.
B) Shareholders goodwill
C) Additional disclosure.
D) Additional controls on management
2. Where docs primary responsibility for gatekeeping inthe securities industry reside?
A) With the CIRO dealer members and all Their employees
B) With the market surveillance Division of CIRO.
C) With OS FI
D) With the provincial securities regulators.
3. Why wouldacorporation choose to issue preferred shares rather than debt?
A) The costs for issuing preferred shares are usually kwh than debt.
B) issuing preferred shares would reduce the amount of leverage.
C) The preferred dividend rate usually varies with the market interest rates
D) Existing assets have excess financing capacity to justify the issue of preferred shares.
4. Which group is generally considered aprimary derivative dealer in the over-the-counter markets?
A) Commodity exporters.
B) insurance companies.
C) Chartered banks.
D) Professional individual investors.
5. What is the action that the CentralBank takes to limitthe impact of increased foreign Interestrates on Interest rates in Canada?
A) Add a default premium to interest rates to protect lenders.
B) increase short-term interest rates to maintain the value of currency.
C) Decrease interest rate to balance the risk of rising inflation.
D) Reduce Interest rales to reduce demand for borrowing.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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