Numerical Flashcards
1
Q
10-second Update Requirement
A
As of 11/4/2013, it is required that trades in eligible securities be reported to finra within 10 seconds following execution.
2
Q
9:30x
A
9:30x is the time at which the primary market disseminates the first print after the 9:30am ET market open.
3
Q
12(b)-1 Fee
A
Few assessed shareholders be an open-ended management company for promotional expenses. The fee must be registered a such with the SEC and be disclosed to investors.
