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Exam Code: HQT-4210

Exam Name: Hitachi Vantara Qualified Professional - NAS Installation

Certification Provider: Hitachi

Related Certification: Hitachi Vantara Qualified Professional - NAS Installation

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NEW QUESTION: 1
Mr. Bigwig, CEO of HiGrowth Corporation, meets with the president of BigFee Investment Bankers and
arranges for BigFee to underwrite an Initial Public Offering (IPO) for the firm. When the IPO comes to
market, GetErDone Broker-Dealers is part of the selling group, which handles the sale of the stock to the
public. In this scenario, which party is the broker?
A. Mr. Bigwig
B. GetErDone Broker-Dealers
C. HiGrowth Corporation
D. BigFee Investment Bankers
Answer: B
Explanation:
GetErDone Broker-Dealers is the broker in this scenario. GetErDone is simply finding buyers
for the securities and receives a commission for doing so. GetErDone is not itself purchasing the
securities in the scenario described. It would be considered unethical for the broker-dealer to do so since
they are required to make a bona fide public offering of all of the securities allotted to them for distribution
under NASAA Model Rules.


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