Finra rules test Study guides, Class notes & Summaries

FINRA SIE 2023 Practice Test Questions with All Correct Answers A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - ANSWER 2 quarters Under FINRA rules, which of the following activities by a registered representative requires written notification to her firm? - ANSWER Driving part time for a transportation network company on weekends Under Rule 144A, an issuer of restricted stock is permitted to sell to w...

FINRA SIE 2023 Practice Test Questions with All Correct Answers A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - ANSWER 2 quarters Under FINRA rules, which of the following activities by a registered representative requires written notification to her firm? - ANSWER Driving part time for a transportation network company on weekends Under Rule 144A, an issuer of restricted stock is permitted to sell to which of the follo...

Maine Life Insurance LAW Latest Update Graded A+ solicitation and cost disclosure -buyers guide -policy summary -policy illustrations buyers guide contains information that helps applicant decide how much life insurance to buy determine what type of policy is needed and compares the costs of similar policies policy summary written statement describing the elements of a life insurance policy has name, address of producer & insured has name of policy and each rider tells annual premium, cash s...

FINRA SIE 2023 Practice Test Questions with All Correct Answers A decline in the gross domestic product (GDP) must last for at least how many quarters to be considered a recession? - ANSWER 2 quarters Under FINRA rules, which of the following activities by a registered representative requires written notification to her firm? - ANSWER Driving part time for a transportation network company on weekends Under Rule 144A, an issuer of restricted stock is permitted to sell to which of the f...

Washington State Property and Casualty Insurance Test Questions and Correct Answers Updated 2023. Insurance Producer - correct answer A person required to be licensed under the laws of this state to sell, solicit, or negotiate insurance. - Must be 18+ - has not had a license denied, suspended, or revoked - completed Pre-licensing/ exams - paid fee(s) - Fingerprinted/ background check FINRA (Financial Industry Regulatory Authority) - correct answer solicits licences for variable life and ...

CFP Practice Test 2023 CFP Standards of Conduct Sections (6) - CORRECT ANSWER-A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct - CORRECT ANSWER-Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest ...

SERIES 57 PRACTICE TEST WITH ACCURATE ANSWERS Threshold Securities - correct answerequities with aggregate fail to deliver positions of 10,000 shares or more and equal to at least .5% of the issuer's total shares outstanding for 5 consecutive settlement days Immediate Family Member - FINRA sharing account rules - correct answerrules regarding sharing in customer accounts define immediate family members as parents, mother/father-in-law, husband or wife, children or any relative whose fin...

Under SEC rules, the purchaser of Regulation D private placement must complete and sign a(n): accredited investor questionnaire How does restricted stock differ from control stock in a Rule 144 sale? control stock must be held fully paid for a minimum of 6 months prior to sale while restricted stock can be sold immediately The prohibited practice of "spinning" is defined under FINRA rules as an arrangement where a: member firm gives officers of public companies IPO allocations in return ...

Xcel Life and Health Insurance Exam Alabama The State Government Regulates the Insurance Industry for the most part The Commissioner of Insurance enforces the insurance laws in Alabama and may: organize, supervise, and administer the Insurance. enforce all provisions in the Insurance Code. Issue Insurance licenses to qualified. Conduct investigations and examinations of insurance matters. Invoke any legal actions necessary to enforce Insurance laws. The Insurance Commissioner can cond...

FINRA SIE Practice Test questions and answers well illustrated. Upon Expiration, all in-the-money S&P 100 Index call options are settled by the delivery of which of the following? - correct answers.Cash Which of the following statements is true about treasury stock? - correct answers.It is issued stock that has been subsequently reacquired by the corporation In the event of a stock split, which of the following parties is required to maintain a record of the shareh...