SERIES 66 Study guides, Class notes & Summaries

Over the past 10 years, an investment adviser has developed a computerized trading algorithm that produces average returns of 30% per year. To recover the costs associated with development, the adviser now plans to charge clients an annual fee equal to 25% of their average balance. An Administrator would consider this fee: Unreasonable, since past performance is not indicative of future returns Reasonable based on average results from the past Unreasonable due to the significant amount ...

differences between static and interactive content on social media - only static content needs pre-approval only interactive content can be commented on by others Under the uniform securities act, the administrator is required to provide which of the following in a disciplinary proceeding? I. Appropriate prior notice II. Opportunity for a hearing III. written findings of fact and conclusion of law - I, II, and III. A registered IA recommends a stock that will be sold to an advisory clien...

Issuer Securities Exclusions for Registering as an Agent - >>>>U.S. Government Securities Municipal Securities Canadian Government Securities Banks Promissory notes & investment Contracts Do you have to be registered as an Agent to sell securities issued by Insurance Co. Secuirities and Federal Savings & Loans Securities - >>>>Yes, however, these securities are listed in the federal list of exemptions Exempt Transactions from registering as an agent - >>>...

differences between static and interactive content on social media - only static content needs pre-approval only interactive content can be commented on by others Under the uniform securities act, the administrator is required to provide which of the following in a disciplinary proceeding? I. Appropriate prior notice II. Opportunity for a hearing III. written findings of fact and conclusion of law - I, II, and III. A registered IA recommends a stock that will be sold to an advisory clien...

Issuer Securities Exclusions for Registering as an Agent - >>>>U.S. Government Securities Municipal Securities Canadian Government Securities Banks Promissory notes & investment Contracts Do you have to be registered as an Agent to sell securities issued by Insurance Co. Secuirities and Federal Savings & Loans Securities - >>>>Yes, however, these securities are listed in the federal list of exemptions Exempt Transactions from registering as an agent - >>>...