Which of the Following Actions Is NOT Required of a Municipal

question 407

Multiple Choice

Which of the following actions is NOT required of a municipal securities principal?

• A) Pass the Municipal Securities Principal Qualification Examination
• B) Complete Form MSD-4 and submit it to the bank
• C) Work as an apprentice for one year in a municipal securities operation
• D) Work in a supervisory role in a municipal securities operation

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Definitions:

Low Degree

Describes a state or condition that is minimal or relatively small in extent, intensity, or degree.

Global

Relating to or encompassing the entire world, often used in the context of business, economy, or environmental issues.

Charismatic/Value Based

Leadership that inspires and motivates followers through personal charm, conviction, and the ability to communicate a compelling vision or values.

Transactional Leadership Model

A leadership style focused on the exchanges that occur between leaders and their followers, involving clear structures and rewards for performance.