an associated person who is not a registered representative is permitted to engage in
which of the following activities?
accept an unsolicited customer order
provide account opening forms to a new customer
discuss the attributes of a particular investment product
prequalify prospective customers as to investment objectives
Give this one a try later!
, provide account opening forms to a new customer
which of the following investments are generally traded according to their average
life rather than their stated maturity dates?
corporate bonds
government bonds
asset-backed securities
fixed-rate capital securities
Give this one a try later!
asset-backed securities
in the event of a stock split, which of the following parties is required to maintain a
record of the shareholders eligible to receive the additional shares?
DTC
issuer
custodian
transfer agent
Give this one a try later!
transfer agent
a transaction in which a writer covers a position by purchasing an option is called:
closing sale
closing purchase
opening sale
opening purchase
, Give this one a try later!
closing purchase
what is the cost basis of an inherited mutual fund?
the NAV of the shares when the owner dies
the NAV 30 days after the owner's death
the same cost basis as the deceased
the same cost basis as the deceased plus capital gains distribution
Give this one a try later!
the NAV of the shares when the owner dies
which of the following considerations should a registered representative explain to a
customer when recommending a 529 college savings plan?
the potential deductibility of contributions from state taxes
the potential deductibility of contributions from federal taxes
the income eligibility restrictions to contribute to the account
the right of the account beneficiary to the assets at the age of majority
Give this one a try later!
the potential deductibility of contributions from state taxes
The redemption value of an open-end investment company's shares is based on the:
previous offering price
previous closing NAV
which of the following activities?
accept an unsolicited customer order
provide account opening forms to a new customer
discuss the attributes of a particular investment product
prequalify prospective customers as to investment objectives
Give this one a try later!
, provide account opening forms to a new customer
which of the following investments are generally traded according to their average
life rather than their stated maturity dates?
corporate bonds
government bonds
asset-backed securities
fixed-rate capital securities
Give this one a try later!
asset-backed securities
in the event of a stock split, which of the following parties is required to maintain a
record of the shareholders eligible to receive the additional shares?
DTC
issuer
custodian
transfer agent
Give this one a try later!
transfer agent
a transaction in which a writer covers a position by purchasing an option is called:
closing sale
closing purchase
opening sale
opening purchase
, Give this one a try later!
closing purchase
what is the cost basis of an inherited mutual fund?
the NAV of the shares when the owner dies
the NAV 30 days after the owner's death
the same cost basis as the deceased
the same cost basis as the deceased plus capital gains distribution
Give this one a try later!
the NAV of the shares when the owner dies
which of the following considerations should a registered representative explain to a
customer when recommending a 529 college savings plan?
the potential deductibility of contributions from state taxes
the potential deductibility of contributions from federal taxes
the income eligibility restrictions to contribute to the account
the right of the account beneficiary to the assets at the age of majority
Give this one a try later!
the potential deductibility of contributions from state taxes
The redemption value of an open-end investment company's shares is based on the:
previous offering price
previous closing NAV
