Dates Flashcards
State IA’s deliver initial brochure or 5 day withdrawal without penalty
48 hours prior to contract
latest time to deliver IA brochure
entering advisory contract
time limit for execution of a day limit order
also time and or price discretion only good that day
same day
notification to Admin that IA’s net worth is insufficient
next business day
send details 2nd business day
max and mind offering prices and underwriting discounts on file for coordination
2 business days
securities or funds received by non custody IA must be returned to client
3 business days
3rd party checks received by non custody IA must be forwarded to 3rd party (USA only)
3 business days
filing form 8-K
4 business days
news worthy events to SEC
penalty free cancelation of IA contract if brochure not delivered at least 48 hours in advance (USA only)
5 business days
time limit for open end investment company (mutual fund) to redeem shares
7 days
SEC can summarily suspend trading in a security
10 days
investment advisers may use oral discretion
10 business days after first trade
hearing must be granted - summary order
15 days after written request
file form D (private placement rule 506)
15 days after first sale
receipt of options account agreement
15 days after account approval
latest date for a cover dell ESA contribution
18th bday
cooling off period under securities act of 1933.
also minimum time admin must have documents for coordination
20 days
state registration or withdrawal of securities professionals effective
30th day
maximum residency under snowbird exemption
30 days
time limit within which rescission offer must be accepted or rejected
30 days
mandatory waiting time to retest (first 2 failures)
30 days
wash sale rule
30 days
new issues eligible for margin once owned this long
30 days
days after each end of quarter to file 10-W
40 days
quarterly end report of publicly traded companies
