SIE Exam Question 919: Answer and Explanation

Question: 919

According to the Uniform Securities Act, which of the following are classified as securities?

• A. Collectibles
• B. Fixed annuities
• C. Warrants
• D. Whole life insurance policies

Correct Answer: C

Explanation:

According to the Uniform Securities Act, warrants are classified as securities. Collectibles, fixed annuities, and whole life insurance policies are not classified as securities.