Fiduciary rule - 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 - 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 Mid...

M100 Community Association Management Exam Questions with 100% Verified Answers. Each of the following are key characteristics of community associations EXCEPT: a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. b. Membership in the community association is mandatory and automatic for all owners. c. A requirement of community association ownership is serving on the board of directors. d. Certain docu...

Practice Midterm –Rockwell Questions and Answers 100% Pass A broker showed one of his own listings to a buyer he was representing. The buyer decided to make an offer on the property, which was accepted. At no point did the broker disclose his dual agency status. The broker may be: a. forced to give up any payment received from the buyer and/or seller b. sued by the seller c. subject to disciplinary action by the Real Estate Commissioner d. All of the above d. All of the abo...

LEGL 2700 Test 3 Epstein UGA Questions and Answers | Latest Update | 2024/2025 | Graded A+ What is the business judgment rule? The business judgment rule protects corporate directors from liability for decisions made in good faith and with reasonable care, even if the decisions turn out poorly. What does piercing the corporate veil involve? Piercing the corporate veil involves holding shareholders personally liable for a corporation's debts or actions, typically when the corpo...

CMCA PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. B Legal review prior to executing a contract will assist the association in the event that: A. A subcontractor is used. B. A performance bond is required. C. There is a budgetary shortfall. D. The board has questions or concerns. D Rather tha...

M100 Community Association Management, Exam Questions with correct Answers Latest 2024/2025 Graded A+. Each of the following are key characteristics of community associations EXCEPT: a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. b. Membership in the community association is mandatory and automatic for all owners. c. A requirement of community association ownership is serving on the board of direct...

Utah Life & Health Test Study Guide Latest Version Graded A+ An applicant is denied insurance because of information found on a consumer report. Which of the following requires that the insurance company supply the applicant with the name and address of the consumer reporting company? A. Conditional receipt B. Disclosure rule C. Fair Credit Reporting Act D. Consumer Privacy Act C. Fair Credit Reporting Act When handling premium funds in the conduct of their business, insurance p...

Access One of the rights protected by the Privacy Rule, the right of access allows an individual to inspect and obtain a copy of his or her own protected health information that is contained in a designated record set, such as a health record; also an information security term that refers to the ability to enter an electronic system and make use of the data within it Access report: Proposed by the Department of Health and Human Services in the May 31, 2011, Notice of Proposed Rulemakin...

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...