Type 1 regulated activity?

Type 1 regulated activity?

• A. Dealing in futures
• B. Dealing in securities
• C. Leveraged FX trading
• D. Advising on securities

Answer: (B)

Type 1 regulated activity refers to dealing in securities under the Securities and Futures Ordinance. This covers actions like buying or selling securities on the market, subscribing for securities, or underwriting on behalf of clients or the firm, for instruments considered securities such as shares and debentures. Dealing in futures contracts, leveraged foreign exchange trading, and advising on securities are defined as different regulated activities, not dealing in securities. Futures dealing is a separate activity involving futures contracts; leveraged FX trading involves foreign exchange with leverage; advising on securities involves giving recommendations rather than executing trades. So, the choice that matches the Type 1 category is dealing in securities.

Type 1 regulated activity refers to dealing in securities under the Securities and Futures Ordinance. This covers actions like buying or selling securities on the market, subscribing for securities, or underwriting on behalf of clients or the firm, for instruments considered securities such as shares and debentures.

Dealing in futures contracts, leveraged foreign exchange trading, and advising on securities are defined as different regulated activities, not dealing in securities. Futures dealing is a separate activity involving futures contracts; leveraged FX trading involves foreign exchange with leverage; advising on securities involves giving recommendations rather than executing trades. So, the choice that matches the Type 1 category is dealing in securities.