Portfolio revision is the ongoing process of systematically studying the issues in the portfolio and selling certain issues and purchasing others as the means of maintaining a portfolio that best meets the investor's objectives

Which of the following is true regarding the HUD Section 8 Housing Choice Voucher Program.

a. It provides low income housing. b. Provides low rent housing. c. It provides government housing projects. d. It is the federal governments major program for assisting very low income families, the elderly, and the disable to afford housing in the private market.

Spiffy Manufacturing plans to offer a new issue of voting stock to the investing public. Assuming that it properly uses an exemption from registration under the Securities Act of 1933, Spiffy

A. Is also exempt from the antifraud rules of the federal securities laws. B. Need not supply any offerees and purchasers with any material information about itself or the stock being sold. C. Need not register with any state securities regulators. D. Must adhere to both federal antifraud rules and state law.