Random 14

Question 1

What is a stock or funds return in excess of beta

Answer 1

Alpha

Question 2

What is the difference between an ETN and ETF?

Answer 2

An exchange traded note underlying investment is a bond and the underlying for an ETF are securities

Question 3

What is 12B-1 Fee?

Answer 3

expense sometimes charged by mutual funds to their investors that pays for the fund’s marketing and distribution costs, as well as other shareholder services. These fees frequently can be used to pay commissions to brokers who sell the fund.

Question 4

What is the maximum a no load fund can charge?

Answer 4

25% (.25%)

Question 5

Definition of an Investment Advisor

Answer 5

ABC
Advice, Business of giving advice, Compensation

Question 6

Under the USA the advisor may request a review of the state administrator’s order within how many days?

Answer 6

60

Question 7

what is registration coordination for securities?

Answer 7

applies to larger, national or regional interstate securities offerings that are required to register at both the federal and state levels.

Question 8

What is registration by qualification for securities?

Answer 8

Registering in one state only

Question 9

Russell 2000 index

Answer 9

a small-cap U.S. stock market index that makes up the smallest 2,000 stocks in the Russell 3000 Index.

Question 10

Cash transactions over what amount triggers a Suspicious Activity Report? (SAR)

Answer 10

5,000

Question 11

Cash transactions over what amount trigger a Currency Transaction Report (CTR)

Answer 11

10,000

Question 12

What is class A stock

Answer 12

Common

Question 13

What is class B stock

Answer 13

Preferred