Series 7 Exam Question 215: Answer and Explanation

Question: 215

An online site that provides detailed information to nonprofessional investors relating to municipal securities, including up-to-the-minute prices, is called

• A. The Blue List
• B. OPRA
• C. EMMA
• D. NASDAQ

Correct Answer: C

Explanation:

C. EMMA (Electronic Municipal Market Access) is a centralized online site that nonprofessional, retail investors can use to locate key information about municipal securities. Available on this site are official statements for most new municipal bond offerings and up-to-the-minute access to prices for outstanding municipal bonds.