Canadian Securities Course (CSC) Practice Exam

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Study for the Canadian Securities Course Exam with our comprehensive practice test. Explore flashcards and multiple-choice questions, each with detailed hints and explanations. Prepare for your CSC exam with confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Who are typically described as Government Securities Distributors (GSD) in the financial context?

Authorized shares that have been sold by a corporation
Investment dealers or banks authorized to bid at government bond auctions
Individual investors in government securities
Brokers negotiating on special features for new issues

The correct answer is: Investment dealers or banks authorized to bid at government bond auctions

Government Securities Distributors (GSD) are investment dealers or banks who are authorized to bid at government bond auctions. Option A is incorrect because authorized shares pertain to stocks, not government securities. Option C is incorrect because individual investors typically do not have the necessary authorization to bid at government bond auctions. Option D is incorrect because brokers are not typically involved in government bond auctions.