- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 4. Overview of Equity Securities
- Subject 4. Investing in Non-Domestic Equity Securities
CFA Practice Question
Which type of ADRs can trade on NYSE?
B. Level II
C. Rule 144A
A. Level I
B. Level II
C. Rule 144A
Correct Answer: B
Level II ADRs can trade on NYSE, NASDAQ, and AMEX.
User Contributed Comments 1
| User | Comment |
|---|---|
| johntan1979 | 144A DRs: Private placement with qualified institutional investors |