Iaccp if Study guides, Class notes & Summaries

IACCP EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ 4 elements of "investment advice" Correct 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? Correct Answer: $150 million What is the RAUM range of a "Mid Sized adviser"? Correct Answer: $25-100 million What two fac...

IACCP Study Questions with Complete Solutions 4 elements of "investment advice" - Correct 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? - Correct Answer $150 million What is the RAUM range of a "Mid Sized adviser"? - Correct Answer $25-100 million What two factors determine whether mid size adv...

IACCP Examination Study Guide "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...

IACCP Exam Questions with 100% Verified Answers Latest 2023/2024. Define small adviser - Answer- Advisers with $25 million or less in assets under management 3 reasons for small advisers to register with SEC - Answer- 1. principal state does not require registration 2. state does not require any type of exam IARD Account - Answer- All states that require registration of IAR's (RA's on CRD) which can be done in a IARD account When is the deadline to amend form ADV? - Answer- All firms t...

IACCP Exam Questions With Correct Answers Latest Updated 2024 (100% Verified) 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 ...

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...

IACCP RULES & REGULATIONS QUESTIONS WITH VERIFIED SOLUTIONS GRADED A+ Section 17(a)(2) Exchange Act - CORRECT ANS Prohibits any untrue statements of material fact or material omissions in the offer or sale of securities Section 17(a)(3) Exchange Act - CORRECT ANS Prohibits engaging in a course of business which operates as a fraud or deceit in the offer or sale of securities Section 17d - CORRECT ANS Basically no affiliate of an affiliate of a RIC can sell any stock to the compan...

IACCP Master Bank Questions and Answers Latest Updated 2024 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 B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act Which of the following ...

IACCP Exam Questions With 100% Verified Answers 2023-2024. The Investment Advisers Act of 1940 defines the scope of the anti-fraud provisions as extending to: A. SEC-registered advisers and foreign advisers with a place of business in the U.S., whether registered or exempt. B. SEC-registered advisers and foreign advisers doing business in the U.S., whether registered or exempt. C. SEC-registered investment advisers. D. All investment advisers, whether registered or exempt. - Answer D. A...

IACCP QUESTIONS AND ANSWERS GRADED A+ Section 17(a)(2) Exchange Act Prohibits any untrue statements of material fact or material omissions in the offer or sale of securities Section 17(a)(3) Exchange Act Prohibits engaging in a course of business which operates as a fraud or deceit in the offer or sale of securities Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Section 17d Basically no affiliate o...