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CSI CSC1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Features and Types of Fixed-Income Securities | 12% | - Types of fixed-income instruments - Characteristics, risks and benefits - Government and corporate bonds |
| Topic 2: Financing and Listing Securities | 7% | - Primary market and issuance process - Listing requirements and rules |
| Topic 3: Pricing and Trading of Fixed-Income Securities | 11% | - Trading and settlement processes - Valuation and pricing methods - Price-yield relationship |
| Topic 4: Regulation and Ethics | 8% | - Industry regulations and compliance - Code of conduct and ethical standards - Client suitability and disclosure |
| Topic 5: Common and Preferred Shares | 13% | - Equity features and rights - Valuation and classification - Dividends and corporate actions |
| Topic 6: The Economy | 13% | - Impact of economic factors on investments - Macroeconomic principles and indicators - Monetary and fiscal policy |
| Topic 7: Equity Transactions | 10% | - Margin and short selling - Order types and execution - Trading mechanics and regulations |
| Topic 8: Derivatives | 10% | - Uses, risks and basic strategies - Options, futures and forwards |
| Topic 9: The Canadian Investment Marketplace | 16% | - Regulators and self-regulatory organizations - Market participants and roles - Structure of Canadian financial system |
CSI Canadian Securities Course Exam 1 Sample Questions:
1. What actions can a government take to lower a $40billionnational deficit?
A) Decrease taxation
B) Increase interest rates.
C) Increase government spending.
D) Increase taxation
2. Which condition must exist for a company to issue a short Form prospectus?
A) it already has securities listed and posted for tracing or quoted on an eligible exchange
B) it is exclusively a reporting issuer in foreign Jurisdictions.
C) The offering is for the purpose of financing a material change in the issuer's business
D) Its principal asset is cash or cash equivalents, or exchange listing
3. A bond with a duration of five is currently priced at $103. If Interestrates rise by 2%. approximately what win be me bond's price?
A) $113.30
B) $108.15
C) $92.70
D) $97.85
4. On what is the dividend rate for rate-reset preferred shares based?
A) The Dank at Canada's overnight rate plus a spread
B) The three-month Government of Canada Treasury bill yield plus a spread
C) The five-year Government of Canada bond yield plus a spread
D) The preferred share issuer's senior bonds plus a spread
5. A private company is working with an advisory firm To apply for a listing on a public exchange.
The management is concerned with the additional costs for the company Incurred by the listing and ongoing annual fees. What should management consider with regard to the costs and benefits of public listing?
A) Management will benefit from the public disclosure of changes in the company.
B) The valuation of securities for estate tax purposes and estate tax punning will be easier
C) Listing the company win attract new shareholders and increase the ability to raise capital.
D) Listing the company will require restrictions on stock options Issued for Internal use
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: C |

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