Show:
Product Info: Investment Company Securities & Variable Contracts
Securities Markets, Investment Securities & Economic Factors
Securities & Tax Regulations
Marketing, Prospecting & Sales Presentations
Opening & Servicing Customer Accounts
100
Invest mostly in the securities of companies that have their principal business activities outside the United States. Long-term capital appreciation is their primary objective, although some funds also seek current income
What is Foreign Stock Funds
100
Market Risk, Business Risk, Decreased or No Income & Low Priority at Dissolution
What is Risks of Common Stock Ownership
100
When a contract is cashed, a scheduled payout is made & when a death benefit take effect. Accumulation and earnings are distributed first and taxed as ordinary income. Once all earnings have been distributed, the remaining cost basis is distributed income tax free. During the first 7-10 years, if withdrawals take place, earnings will be subject to taxes plus a 10% penalty if under 59 1/2.
What is a Variable Annuity
100
Fund to Underwriter to Investor, Fund to Investor & Sales at the POP
What is Methods of Marketing Mutual Fund Shares
100
A deliberate attempt to interfere with the free and fair operation of the market and create artificial, false or misleading appearances and respect to the price of a security.
What is Market Manipulation
200
Invest only in the securities of foreign countries while global or worldwide funds invest in the securities of both US and foreign countries
What is International Funds
200
If a corporation goes bankrupt, these stockholders have a priority claim on the assets remaining after creditors have been paid
What is Preferred
200
Contributions are fully deductible regardless of income. Under 70 1/2 can contribute. Current maximum allowed contribution is $5,500 or 100% earned income, whichever is less. Age 50 and over can have a maximum contribution of $6,500
What is a Traditional IRA (aka IRA)
200
Any written (including electronic) correspondence that is distributed or made available to more than 25 retail investors within any 30 calendar-day period
What is Retail Communication
200
Selling simply to keep the price below a certain level
What is Capping
300
Invest in municipal bonds or notes that produce income exempt from federal income tax
What is Tax-exempt funds
300
Normally distributed by check if an investor holds the stock certificate or are automatically deposited to a brokerage account if there shares are held in street name. These are paid quarterly and taxed as dividend income in the year they are received
What are Cash Dividends
300
Participation, Funding, Vesting, Communication, Nondiscrimination & Beneficiaries
What are ERISA guidelines for the operation of qualified retirement plans
300
A document prepared by an analyst or strategist, typically as a part of a research team for an investment bank or broker/dealer
What is Research Report
300
Buying to keep the price above a certain level
What is Pegging
400
Allows a customer to deposit regular periodic investments on a voluntary basis
What is Voluntary Accumulation Plan
400
The possible result if a company must use its cash for business purposes. This is typical of many growth companies that invest their cash resources in research and development
What are Stock Dividends
400
Conduct Rules, Uniform Practice Code, Code of Procedure & Code of Arbitration Procedure
What are FINRA rules
400
Participation in a seminar, webinar, forum, radio or Television interview or other public appearance or public speaking activity
What is Public Appearance
400
The unethical business practice of a broker/dealer or one of its representatives placing a personal order ahead of a previously received customer order
What is Front Running
500
Issuing, redeeming and canceling fund shares; handling name changes for the fund; maintaining customer records and providing customer service; sending customer confirmations and fund distributors; and is paid a fee from income of the fund
What is Transfer Agent
500
Utilities, Housing, Transportation, Education, Health & Industrial
What are Revenue Bond Sources
500
The Investment company/variable contract products limited representative license, which entitles the holder to sell mutual funds and variable annuities and is used by many firms that sell primarily insurance-related products
What is Series 6
500
An investor buys and redeems shares at the price next calculated
What is Forward Pricing
500
Establishes the US Treasury Department as the lead agency for developing regulations in connection with anti-money laundering programs and requires broker/dealers ro establish internal compliance procedures to detect abuses
What is USA Patriot Act