Misc

Question 1

Securities Act of 1933

Answer 1

Paper Act
Investing public is fully informed

Question 2

AIR

Answer 2

assumed interest rate
p103
Annuitization

Question 3

SAAPI

Answer 3

sex, age, amount, payout type, interest rate (assumed)

Question 4

UGMA

Answer 4

Uniform Gift to Minors Act

Question 5

UTMA

Answer 5

Uniform Transfer to Minors Act

Question 6

COLA

Answer 6

Cost of living adjustment

Question 7

RSU

Answer 7

a form of equity compensation that companies issue to employees. An RSU is a promise from your employer to give you shares of the company’s stock (or the cash equivalent) on a future date—as soon as you meet certain conditions.

Question 8

Churning

Answer 8

Excessive trading in a customers account to generate commissions

Question 9

KYC

Answer 9

know your customer

Question 10

blue chip stock

Answer 10

stock issued by a large, well-established, financially-sound company with an excellent reputation

Question 11

Form CRS

Answer 11

customer relationship summary form

Question 12

EAFE

Answer 12

Europe, Australia, Far East

Question 13

EPS

Answer 13

earnings per share

Question 14

P/E ratio

Answer 14

price to earnings

Question 15

CTR

Answer 15

currency transaction report p227

Question 16

SAR

Answer 16

suspicious activity report p227

Question 17

OFAC

Answer 17

office of foreign assets control p228

Question 18

CIP

Answer 18

customer identification program
p228

Question 19

SDN

Answer 19

specially designated nationals
p228

Question 20

market manipulation

Answer 20

supporting, capping, pegging
see glossary

Question 21

contemporaneous traders

Answer 21

suits initiated up to 5 years after the violation
p233

Question 22

CUSIP

Answer 22

Committee on Uniform Securities Identification Procedures

Question 23

BCP

Answer 23

Business continuity plan

Question 24

DRP

Answer 24

Disclosure Reporting Pages
Form U4

Question 25

CRD

Answer 25

Central Registration Depository

Question 26

TCPA

Answer 26

Telephone Consumer Protection Act of 1991

Question 27

FCC

Answer 27

Federal Communications Commission

Question 28

BOT, SLD

Answer 28

bought, sold

Question 29

AE

Answer 29

account executive

Question 30

Regulation SP

Answer 30

protects customer privacy

Question 31

BCP

Answer 31

business continuity plan

Question 32

BSA

Answer 32

Bank Secrecy Act

Question 33

MFP

Answer 33

Municipal Finance Professional

Question 34

MOU

Answer 34

Memo of Understanding Signed when mediation is successful

Question 35

M&A

Answer 35

Merger and acquisition