HP5-C10D

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Exam Code:HP5-C10D

Exam Name:Selling HP Print Security 2020 delta

Questions and Answers:67 Q&As

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Updated: 09-15-2020

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NEW QUESTION: 1
Rich Quick is a broker-dealer registered in the state of Massachusetts. He occasionally trades on
abnormalities he observes in bond yield spreads for his own account, short selling a bond that appears to
be overpriced based on its yield and buying a bond that is identical in almost every respect except for the
price, which is less than that of the other bond. He has been able to earn arbitrage profits 95% of the time
when he does this. Rich Quick
A. is trading on insider information, which is a violation of securities laws.
B. is skilled if he is able to earn profits 95% of the time using this strategy.
C. engaged in a fraudulent activity.
D. is in violation of securities laws. Arbitrage is a prohibited activity.
Answer: B
Explanation:
If Rich Quick is able to earn profits 95% of the time by trading on abnormalities he observes
in bond yield spreads, he is skilled. There is nothing illegal in what he is doing. Arbitrageurs attempt to
earn profits when they observe what they believe to be mispriced securities, and this is an accepted
activity. Rich is not using insider information; bond yields are publicly available information.

NEW QUESTION: 2
A company developed a set of APIs that are being served through the Amazon API Gateway. The API calls need to be authenticated based on OpenID identity providers such as Amazon or Facebook. The APIs should allow access based on a custom authorization model.
Which is the simplest and MOST secure design to use to build an authentication and authorization model for the APIs?
A. Build a OpenID token broker with Amazon and Facebook. Users will authenticate with these identify providers and pass the JSON Web Token to the API to authenticate each API call.
B. Use Amazon RDS to store user credentials and pass them to the APIs for authentications and authorization.
C. Store user credentials in Amazon DynamoDB and have the application retrieve temporary credentials from AWS STS. Make API calls by passing user credentials to the APIs for authentication and authorization.
D. Use Amazon Cognito user pools and a custom authorizer to authenticate and authorize users based on JSON Web Tokens.
Answer: D

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