Account statements - ANS-show: -all hobby in the account because the preceding declaration
-securities positions, lengthy or quick
-account balances (debit or credit
Accredited Investor - ANS--has a net well worth of one million or extra, now not consisting of net
fairness
-has had an annual income of 200k or more in each of the 2 most recent years
Advantages of Limited Partnership - ANS--funding managed by others
-constrained liability(can only lose the amount invested)
-drift-via of income and positive charges
american fashion alternatives - ANS-may be exercised at any time earlier than expiration
annuity - ANS-coverage contract designed to provide retirement profits
balloon bond trouble - ANS-can pay off major part of bond at maturity but will pay a part of the
main all through
Banker's Acceptance - ANS-quick-time period time draft with a distinctive charge date drawn.
Payment date is generally between 1 and 270 days.
Blotter - ANS-file of original entry
Broker-Dealer that does not comply is difficulty to: - ANS--censure
-limits on sports
-suspension
-revocation of reg
-best
name chance - ANS-threat that a bond might be referred to as before maturity and an investor
could be not able to reinvest the predominant at a comparable fee of return
callable preferred stock - ANS--stock that can be sold lower back from investors at a stated fee
after a speciifed date
Carrying Firm - ANS--carries client bills and accepts price range and securities from clients
-largest dealer-dealers
Central Registration Depository (CRD) - ANS-A automatic data system this is maintained by
using FINRA to offer registration records concerning broker-dealers and registered
representatives.
Certificates of deposit - ANS-time deposits that country the amount of the deposit, maturity, and
rate of interest being paid. Generally larger than 1 million.
Class A stocks - ANS-Shares of a mutual fund that expenses a the front-end income rate. Sales
fees are paid at the time an investor buys stocks and the income fee is taken from the full
quantity invested
elegance B stocks - ANS-back-quit sales load, a contingent deferred fee. Paid at the time an
investor sells shares previously purchased
elegance C stocks - ANS-generally have twelve months sales rate and a shareholder offerings
rate
, closed-end investment agency - ANS-improve capital for its portfolio by undertaking a
commonplace stock presenting
Code of Arbitration Procedure - ANS-The formal method of coping with securities-related
disputes or clearing controversies between members, public customers, clearing businesses, or
clearing banks. Any claim, dispute or controversy among member firms or related persons have
to be submitted to arbitration.
Code of Procedure (COP) - ANS-The formal technique for dealing with exchange practice
complaints regarding violations of the Conduct Rules. The Department of Enforcement (DOE) is
the primary body to pay attention and choose court cases. The National Adjudicatory Council
handles appeals and evaluate of DOE decisions.
Common Hedge Fund Strategies - ANS--particularly leveraged portfolios
-using short positions
-the usage of spinoff products consisting of options and futures
-currency speculation
-commodity speculation
-funding in politically risky international markets
behavior rules - ANS-Industry rules referring to a broker-provider's transactions with the public.
Every exchange and securities affiliation has a comparable set of guidelines
convertible favored stock - ANS-stock that allows the preferred stockholders to transform their
stocks into common stock
Coordination - ANS--form of registering securities
-issuer files with the state at the identical time it documents with the SEC
included option writing - ANS-options contract in which the author already owns the underlying
protection, making sure the capability to perform ought to the owner exercising the agreement
cumulative - ANS-accrues bills due its shareholders in the occasion dividends are reduced or
suspended
cutting-edge yield - ANS-a bond's annual coupon divided through its fee
client ledgers - ANS-customer statements that must be published no later than settlement date
discretionary account - ANS-account installation with the preapproved authority for a registered
consultant to make transactions without having to ask for a selected approval is a discretionary
account
dividends - ANS-distributions of a organisation's income to its shareholders
installed patron - ANS--a person who is held an account witht eh dealer-supplier for at least 365
days or
-has made at the least 3 penny inventory purchases
ETF benefits - ANS--pricing and simplicity of trading
-margin
-operating charges
-tax efficiency
European-style alternative - ANS-can handiest be exercised at the expiration date
ex-dividend charge - ANS-date at some point earlier than the report date. Stock should be
bought before this present day on the way to acquire dividends
exchange traded budget - ANS-offshoots of mutual finances that allow buyers to trade index
portfolios
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