Iaccp exam Study guides, Class notes & Summaries

"Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - CORRECT ANS SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (op...

Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - Answer SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from registration); AND $100M in AUM (optional for Mi...

IACCP Examination Questions and Answers Graded A+ "Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited from reg...

NRS IACCP Exam; IACCP (MASTER TERMS) with Complete Solutions Assignment - ANSWER Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - ANSWER A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) ...

IACCP Exam Sample Questions With 100% Verified Answers 2023-2024. Which situation would trigger a violation of the SEC Pay-to-Play Rule? A. An individual who has become a covered associate within the last three months makes a $1,000 contribution to an elected official, whom the individual is also soliciting as an advisory client. B. An investment adviser makes a contribution of $50.00 to a government elected official responsible for selecting investment advisers. C. An investment adviser...

IACCP Examination Questions And Answers | Complete Study Solutions IACCP Examination Questions And Answers | Complete Study Solutions

IACCP EXAM SAMPLE QUESTIONS WITH COMPLETE SOLUTION 2023/2024 | Graded A+. SEC-registered advisers that have proxy voting authority for clients must do which TWO of the following? (Choose two.) A. Adopt procedures to ensure proxies are voted in the best interest of clients. B. Disclose to clients information about the firm's proxy policies and procedures on Form ADV Part 2. C. Create a proxy voting committee to address conflict situations. D. Provide information to clients on how their pro...

4 elements of "investment advice" - Answer 1. Advice about market trends 2. Advice in historical or data form 3. Advice about selecting an adviser 4. Advice about the pros and cons of securities vs. other investments What is the RAUM threshold for Registered Advisers? - Answer $150 million What is the RAUM range of a "Mid Sized adviser"? - Answer $25-100 million What two factors determine whether mid size advisers are required to register? - Answer 1. Mid size advisers have to re...

non-securities advice includes advice on topics that include ___ and budgetary planning, ____ ____and business planning. Answer - tax, estate planning Dodd-Frank change in AUM threshold says that ___ million is needed in order to register with the SEC Answer - 100 Full payment for Renewal Statement must be posted to your firm's Renewal Account by _______ of every year. Answer - December 13th What is the goal of the IARD system? Answer - efficient automated filing system Annual updat...