percentages Flashcards Preview

series 7 take 2 > percentages > Flashcards

Flashcards in percentages Deck (12):
1

.25%

-maximum 12b-1 fee for no load fund

2

1%

-100 basis points for bonds
-rule 144 sale volume limit
-maximum 12b-1 fee

3

5%

-markup policy guideline
-no more than 5% of a diversified investment company's assets can be invested in any one company

4

6%

-penalty for excess IRA contributions

5

8.5%

-maximum sales charge for open-end (mutual fund) company

6

10%

-penalty for premature IRA distribution
-considered an affiliate if person owns more than 10% of company
-max sales charge on public limited partnerships
-max amount a person can own of one person's stock in a diversified investment company

7

25%

-minimum maintenance requirement for long stock position

8

30%

-minimum maintenance requirement for short stock position

9

40%

-minimum percentage of mutual fund board members that must be noninterested

10

50%

-reg t
-penalty for insufficient IRA distribution after age 70 1/2
-amount of sales proceeds credited to SMA in a margin account
-required cash deposit when withdrawing stock from a margin account

11

70%

corporate dividend exclusion

12

75%

-minimum amount of IC assets that must be invested in securities of other issuers to be considered diversified
-amount of limited partnerships assets that must be identified to be a specified program