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NEW QUESTION: 1
Which of the following activities are prohibited by FINRA when a representative is selling shares of a mutual fund?
I. recommending that a client purchase shares of a mutual fund prior to its ex-dividend date, so that the client will receive the dividends when they are distributed unless this recommendation is justified by the specific circumstances of the client
II. telling a client that a mutual fund that has only a contingent deferred sales charge is a no load fund III. telling a client that the interest he earns on a municipal bond fund will be free from federal taxation IV. refraining from placing the customer's order promptly in order to profit himself as a result of having done so
A. I, II, III, and IV
B. I and III only
C. I, II, and IV only
D. II and IV only
Answer: C
Explanation:
Explanation/Reference:
Explanation: The activities described in Selections I, II, and IV are prohibited by the FINRA when a representative is selling shares of a mutual fund. Representatives are prohibited from recommending that a client purchase shares of a mutual fund prior to its ex-dividend date, so that the client will receive the dividends when they are distributed-a practice known as "selling dividends"-- unless this recommendation is justified by the specific circumstances of the client; they are prohibited from telling a client that a fund that has only a contingent deferred sales charge is a no load fund; and they are prohibited from withholding an order-i.e., refraining from placing a customer's order promptly--in order to profit themselves as a result of having done so. There is nothing wrong with telling a client that the interest he earns on a municipal bond fund will be free from federal taxation since this is a true statement.
NEW QUESTION: 2
A. Option D
B. Option A
C. Option B
D. Option C
Answer: B
NEW QUESTION: 3
A company has a three-tier image-sharing application it uses an Amazon EC2 instance for the front-end layer, another for the backend tier, and a third for the MySQL database.
A solutions architect has been tasked with designing a solution that is highly available, and requires the least amount of changes to the application.
Which solution meets these requirements'?
A. Use load-balanced Multi-AZ AWS Elastic Beanstalk environments for the front-end and backend layers.
Move the database to an Amazon RDS instance with multiple read replicas to store and serve users' images.
B. Use Amazon S3 to host the front-end layer and a fleet of Amazon EC2 instances in an Auto Scaling group for the backend layer.
Move the database to a memory optimized instance type to store and serve users' images.
C. Use load-balanced Multi-AZ AWS Elastic Beanstalk environments for the front-end and backend layers.
Move the database to an Amazon RDS instance with a Multi-AZ deployment Use Amazon S3 to store and serve users' images.
D. Use Amazon S3 to host the front-end layer and AWS Lambda functions for the backend layer.
Move the database to an Amazon DynamoDB table and use Amazon S3 to store and serve users' images.
Answer: C
Explanation:
Explanantion
Keyword: Highly available + Least amount of changes to the application
* High Availability = Multi-AZ
* Least amount of changes to the application = Elastic Beanstalk Automatically handles the deployment, from Capacity provisioning, Load Balancing, Auto Scaling to application health monitoring Option - D will be the right choice and Option - A; Option - B and Option - C out of race due to Cost & inter-operability.
HA with Elastic Beanstalk and RDS
AWS Elastic Beanstalk
AWS Elastic Beanstalk is an easy-to-use service for deploying and scaling web applications and services developed with Java, .NET, PHP, Node.js, Python, Ruby, Go, and Docker on familiar servers such as Apache, Nginx, Passenger, and IIS.
You can simply upload your code and Elastic Beanstalk automatically handles the deployment, from capacity provisioning, load balancing, auto-scaling to application health monitoring. At the same time, you retain full control over the AWS resources powering your application and can access the underlying resources at any time.
There is no additional charge for Elastic Beanstalk - you pay only for the AWS resources needed to store and run your applications.
AWS RDS
Amazon Relational Database Service (Amazon RDS) makes it easy to set up, operate, and scale a relational database in the cloud. It provides cost-efficient and resizable capacity while automating time-consuming administration tasks such as hardware provisioning, database setup, patching and backups. It frees you to focus on your applications so you can give them the fast performance, high availability, security and compatibility they need.
Amazon RDS is available on several database instance types - optimized for memory, performance or I/O - and provides you with six familiar database engines to choose from, including Amazon Aurora, PostgreSQL, MySQL, MariaDB, Oracle Database, and SQL Server.
You can use the AWS Database Migration Service to easily migrate or replicate your existing databases to Amazon RDS.
AWS S3
Amazon Simple Storage Service (Amazon S3) is an object storage service that offers industry- leading scalability, data availability, security, and performance. This means customers of all sizes and industries can use it to store and protect any amount of data for a range of use cases, such as websites, mobile applications, backup and restore, archive, enterprise applications, IoT devices, and big data analytics. Amazon S3 provides easy-to-use management features so you can organize your data and configure finely-tuned access controls to meet your specific business, organizational, and compliance requirements. Amazon S3 is designed for 99.999999999% (11
9's) of durability, and stores data for millions of applications for companies all around the world.
References:
https://aws.amazon.com/elasticbeanstalk/?nc2=h_ql_prod_cp_ebs
https://aws.amazon.com/rds/?nc2=h_ql_prod_db_rds
https://aws.amazon.com/s3/?nc2=h_ql_prod_st_s3