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Anand Patel
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Decks in this class (64)
IMPORTO
T f fuds invested in qualified an...,
Two things that make the differen...,
Abbreviation for muni bond order ...
3
cards
Rules & shit
Addresses reclassifications merge...,
Reegukation a is an exemption fro...,
Would filing an upldated prospect...
33
cards
1st set
Can a corporation with no income ...,
When referring to bonds if you se...,
Is interest on corporate bonds fu...
106
cards
2nd set
Formula for eps,
Do firms have to file their aml p...,
Catastrophe call provision
73
cards
3rd Set
If assigned on a covered call wha...,
If you get assigned on a covered ...,
How much total capital losses can...
117
cards
4th Set
Fill or kill fok means order must...,
If your short stock that is curre...,
Can sma be used or withdrawn if a...
9
cards
5th Set
3 different forms dividends can b...,
T f bonds issued by us territorie...,
T f for an investor one of the ma...
37
cards
6th Set
Does the tac targeted amortizatio...,
When an officer or director acqui...,
A client has purchased a nonquali...
27
cards
7th Set
Are negotiable cds considered mon...,
Listed options on us exchanges ar...,
Under rule 144 an affiliate holdi...
38
cards
8th Set
Klp common stock has been trading...,
T f last sale information is alwa...,
Are listed warrants usually margi...
40
cards
9th Set
Last week one of your customers p...,
T f calendar spreads or time spre...,
T f defeasance occurs when an out...
65
cards
10th Set
Are contributions to a 529 plan t...,
Sovereign debt,
Eurodollar bond
17
cards
11th Set
T f beta provides a measurement o...,
To be exempt under regulation d o...,
T f when a company declares a cas...
6
cards
Acronyms
Epic
1
cards
Random
T f non qualified annuities use a...,
T f all qualified annuities are f...,
T f all non qualified annuities d...
9
cards
Days to know
What is same business day 1,
What is 1 business day 2,
What is 2 business days 1
11
cards
Percentages
What is 025 1,
What is 1 3,
What is 5 2
15
cards
Times/Dates
How long must customer statements...
1
cards
Settlement
When do muni bonds settle,
When do corporate bonds settle,
T f t notes settle next day while...
3
cards
Settlement
Regular way settlement corporate ...,
Regular way settlement government,
Settlement cash
8
cards
Taxes
Interest on direct debt issued by...,
Are excise taxes condsidered a pr...,
What are excise taxes
13
cards
Financial Statements
What does ebit stand for,
On what financial statement can e...,
If a company issues debentures at...
10
cards
Fundamental Analysis Formulas
Formula for net worth,
Formula for book value,
Formula for book value per share
14
cards
Brokerage Things
Order tickets must be approved by...,
Changes to order ticked must be a...
2
cards
Equity Accounts
Minimum maintenance in short marg...,
A bd can rehypothicate up to __ o...,
T f reg t applies to both cash an...
32
cards
Other Accounts/Trading
T f the confirmation of a bond tr...,
Time frame for a wash sale
2
cards
Test Improve
Customer wants to open new accoun...,
When an officer or director acqui...,
A client has purchased a nonquali...
28
cards
Test Questions
The financial statements of the a...,
On january 18 your customer sold ...,
Your customer wants to know what ...
33
cards
1: TYPES OF ACCOUNTS (221)
Would a bank employee who only se...,
Would a muni bond be a good inves...,
Define specified adult
155
cards
Retirement plans
Are qualified plans set up with a...,
Do non qualified retirement plans...,
Are contributions to qualified re...
14
cards
types of accounts
Are covered calls allowed in an ira,
Do c corps get double taxed,
Do llcs get double taxed
94
cards
2: SUITABILITY INFO AND APPROVALS (77)
3 obligations under rule 2111 whe...,
Would liquidity be considered an ...,
Is time horizon an investment con...
10
cards
3: EQUITY SECURITIES (197)
Does the par value increase decre...,
Are mutual funds subject to the 5...,
T f excess capital losses can be ...
54
cards
Equities
Do holders of preferred stock eve...,
A representative enters a custome...,
Will an immediate or cancel ioc o...
8
cards
4: DEBT SECURITIES (107)
What is the coupon rate of this b...,
Is commercial paper secured or un...,
Commericial paper has maturity le...
43
cards
Debt
What is a mortgage bond backed by,
What is a collateral trust bond b...,
What is an equipment trust certif...
31
cards
Bond ratings
The term high yield bond would ap...,
T f a rating of bbb is the lowest...
2
cards
Bond yields
The following is taken from the s...
1
cards
5: CORPORATE BONDS (64)
A bond convertible at 50 can be c...,
A bond convertible at 50 is selli...,
T f convertible bonds if the stoc...
9
cards
6: MUNICIPAL BONDS (345)
T f someone who buys a muni bond ...,
Formula to find yearly amortizati...,
Settlement for gov securities
65
cards
Munis
For an investor in the 37 federal...,
Is the bond contract or bond reso...,
T f the bond contract contains th...
47
cards
Muni docs
If you wanted to find out weather...,
What document would show the auth...,
In a new muni issue the issuer us...
3
cards
Muni taxes
Taxes on interest from munis fede...,
Taxes on muni interest state leve...,
Taxes on muni interest state leve...
8
cards
Muni ratios & indices
Go index,
Revdex bond index,
30 day visible supply bonds
4
cards
7: TREASURY AND GOV SECURITIES (85)
Farm credit system fcs,
3 securities the farm credit syst...,
Does the federal home loan mortga...
33
cards
8: INVESTMENT COMPANIES (269)
T f the practice of selling divid...,
Does a closed end fund redeem shares,
T f class b shares can offer brea...
95
cards
9: INSURANCE COMPANY PRODUCTS (72)
If you have a qualified single pr...,
Variable annuities can the number...,
T f when a variable annuity contr...
74
cards
Annuities
How are variable annuities priced,
Is there a maximum sales charge f...,
What happens to earnings dividend...
23
cards
10: OPTIONS (456)
T f normally purchasing a put opt...,
T f a married put has a special t...,
T f a married put is a specific t...
17
cards
11: OTHER PACKAGED PRODUCTS (138)
Do lps require a subscription agr...,
Do reits provide passive income,
Do cmos provide passive income
16
cards
Packaged products
How much of a mutual funds net in...,
Client purchased a variable life ...
2
cards
DPPs
T f dpps report to the irs and ar...,
Are expenses deductible in a dpp,
Is interest in a dpp usually cons...
17
cards
12: OTHER SECURITIES PRODUCTS (61)
T f each tranche in a cmo will ha...,
T f tranches are groups of mortga...,
T f investors in a cmo dont own t...
5
cards
13: PORTFOLIO/ACCOUNT ANALYSIS (219)
T f with a progressive tax such a...,
T f with a progressive tax such a...,
T f sales and cigarette taxes are...
8
cards
14: TYPES OF RISK AND DISCLOSURES (79)
The risk that is associated with ...,
Name for type of risk of the poli...,
What is sovereign risk
31
cards
15: HANDLING CUSTOMER ACCOUNTS (92)
Is there any specific schedule fo...,
If a carrying member recieves acc...,
What does acats stand for
16
cards
16: ORDERS AND QUOTATION (250)
If a customer is long 650 shares ...,
Primary reason companies give sto...,
What is a subject quote
7
cards
17: PROCESSING TRANSACTIONS (86)
T f,
T f broker dealers use a due bill...,
T f a dk dont know notice is used...
5
cards
18: COMPLAINT RESOLUTION (46)
Disputes between anyone in the in...,
Disputes between anyone in the in...,
Statutory discrimination claims
12
cards
19: COMMUNICATIONS WITH THE PUBLIC (51)
Does retail communication posted ...,
Does correspondence need to be fi...,
Does retail communication posted ...
24
cards
20: NEW ISSUES MARKET (255)
Can a rr send sales literature ab...,
T f when recomending variable ann...,
T f you may solicit transactions ...
59
cards
new issues
What two parties sign the underwr...,
T f the underwriting agreement is...,
T f the municipal securities rule...
50
cards
Mark CE
Two parts of books and records re...
1
cards
Annuity taxes
If an annuity is not going to be ...,
T f qualified annuities are used ...,
T f qualified annuities are used ...
4
cards
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Series 7
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