Iaccp general questions Study guides, Class notes & Summaries

IACCP General Questions With All Correct Answers Which THREE persons or firms may be excluded from having to register under the Investment Advisers Act of 1940? (Choose three.) A. Accountants whose advisory services pertain solely to incidental financial planning. B. Persons or firms whose advice and reports are related solely to U.S. government securities. C. Publishers of generally circulated, bona fide newspapers or financial journals. D. Domestic banks and bank holding companies. - ...

IACCP Examination Study Guide | 94 Questions And Answers "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 ex...

1. Which THREE persons or firms may be excluded from having to register under the Investment Advisers Act of 1940? (Choose three.) A. Accountants whose advisory services pertain solely to incidental financial planning. B. Persons or firms whose advice and reports are related solely to U.S. government securities. C. Publishers of generally circulated, bona fide newspapers or financial journals. D. Domestic banks and bank holding companies.: B. Persons or firms whose advice and reports are r...

IACCP Examination 2023 Questions and Answers 100% Correct "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/prohi...

IACCP Master Questions Bank with Answers 100% solved Rated A+. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should NOT be a factor when evaluating best execution? A. Price B. Transaction costs C. Availa...

IACCP Master Questions Bank with Answers 100% solved Rated A+. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should NOT be a factor when evaluating best execution? A. Price B. Transaction costs C. Availa...

Investment Adviser Correct Answer: Person or entity that is in the business of providing investment advice about securities Fiduciary Correct Answer: an investment adviser owes its clients undivided loyalty and may not engage in activity that conflicts with a client's interest without the client's consent Who is required to register with the SEC? Correct Answer: 1) an investment advisor under Section 202(a)(11) of the Advisors Act 2) Not excepted from the IA definition 3) Not exempt f...