Dates Flashcards
The date that state is deliver initial brochure
48 hours prior to contract or 5 days to withdraw without penalty
The latest time to deliver IA brochure
Entering advisory contract same day
Notification to administrator that IAs net worth is insufficient
Next business day
Maximum and minimum offering prices and underwriting discounts on file for coordination
Two business days
Securities or funds received by non custody IA must be returned to the client in how many days?
Three business days
Third party checks received by non-custody IA must be returned to the third party in how many days?
Three business days
How many days to file form 8K?
4 business days
Penalty-free cancellation of IA contract if for sure is not delivered at least 48 hours in advance
Five business days
Time limit for open end Investment company to redeem shares
7 days
SEC can summarily suspend trading in a security for how many days
10 days
Investment advisors may use oral discretion
10 business days after first trade
Hearings must be granted - summary order
15 days after written request
File form d for private placement rule 506
15 days after first sale
Receipt of options account agreement
15 days after account approval
Latest date for Coverdell esa contribution
18th birthday
Cooling off. Under securities act of 1933 also minimum time administrator must have documents for coordination
20 days
State registration or withdrawal of securities professional effective
30th day
Maximum residency under snowbird exemption
30 days
Time limit within which rescission offer must be accepted or rejected
30 days
Wash sale rule
30 days
New issues eligible for margin once owned this long
30 days
Days after end of each quarter to file form 10 Q
40 days
Federal registration of BDs and IAs effective
45th day
Days after end of each quarter to file form 13f
45 days
