The law that gave SEC the authority to establish other self-regulatory organizations, the first of which was the NASD, the precursor of FINRA
What is Maloney Act of 1938?
100
These are equity securities that are similar to index mutual funds in that they mimic the performance of a stock index, but are different from mutual funds in that they are traded in the floor of an exchange.
What are Exchange-Traded Funds?
100
Method of security registration in which the issuer files with the state, independent of federal registration, and must meet all state requirements.
What is Qualification?
100
Communications, whether classified as advertising or sales literature, must be approved by a principal before use, and kept on file for this timeframe from date of last use.
What is 3 years?
100
The protective covering of the heart is called
What is pericardium?
200
These are also known as speculative, or high-yield bonds
What are junk bonds?
200
If the investment company does not have at least $100,000 in net assets, it may still register a public offering with the SEC if it can meet this requirement within this number of days.
What is 90 days?
200
The networks used for transactions in the fourth market.
What are Electronic Communications Networks (ECN's)?
200
Copies of the National Do-Not-Call list used for screening purposes may be more than this number of days
What is 31 days?
200
He invented the World Wide Web, a system of interlinked hypertext documents accessed via the Internet.
Who is Tim Berners-Lee?
300
The minimum denominations by which GNMAs are issued
What is $25,000.00?
300
This is how often fund companies must send account statements to shareholders when their accounts are inactive.
What is quarterly?
300
This requires income from certain specified tax preference items to be taxed if income exceeds an indexed maximum. Its purpose is to ensure that wealthy persons and corporations pay at least some tax.
What is Alternative Minimum Tax?
300
Any fees or concessions earned by a broker/dealer and/or its agents should be returned to this entity if customer redeems mutual fund shares within 7 business of purchase.
What is underwriter?
300
Identify this picture, which is large sandstone rock formation in the southern part of the Northern Territory, central Australia
What is Uluru (Ayers Rock)?
400
A T-note, quoted at 100.16, will have a value of
What is $1,005.00
400
It is the measure of the volatility of a security or portfolio in comparison with the market as a whole.
What is beta?
400
If Diane purchased 10 shares of Genuine Funds at $15/share in 2008 and another 10 shares at $13/share in 2009, what is her average cost basis per share?
How much is $14/share?
400
It is only between these hours (in the prospect's time zone) when telephone solicitation should occur, according to the TCPA.
What is 8:00 am to 9:00 pm?
400
The newest and 13th zodiac sign is named
What is Ophiuchus?
500
The acronym STRIPS stands for
What is Separate Trading of Registered Interest and Principal of Securities?
500
The sales charge percentage if POP is $12 and sales charge is $1 (rounded up to 1 decimal place).
What is 7.7%?
500
If my gross compensation is $50,000 and I contributed $10,000 to my Keogh plan this year, how much was my postcontribution percentage?
What is 25%?
500
A customer who signs the LOI 60 days after the purchase has how many months to fulfill the letter?
What is 11 months?
500
According to wikipedia.org, this is highest-grossing film of all time, with a worldwide gross of $2,782,275,172