Series 7 Flashcards

Decks in this Class (59):

• 1st Set

  1st set

  Sample Cards:

  can a corporation with no income pay div,

  when referring to bonds if you see 73s o,

  is interest on corporate bonds fully tax
  104 Cards
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• Acronyms

  Acronyms

  Sample Cards:

  epic
  1 Cards
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• 2nd Set

  2nd set

  Sample Cards:

  formula for eps,

  do firms have to file their aml program,

  catastrophe call provision
  73 Cards
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• 3rd Set

  3rd Set

  Sample Cards:

  if assigned on a covered call what is tr,

  if you get assigned on a covered call is,

  how much total capital losses can you de
  115 Cards
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• 4th Set

  4th Set

  Sample Cards:

  fill or kill fok means order must be exe,

  if your short stock that is currently tr,

  can sma be used or withdrawn if account
  9 Cards
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• 5th Set

  5th Set

  Sample Cards:

  3 different forms dividends can be paid,

  t f bonds issued by us territories ie vi,

  t f for an investor one of the major adv
  37 Cards
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• 6th Set

  6th Set

  Sample Cards:

  does the tac targeted amortization class,

  when an officer or director acquires con,

  a client has purchased a nonqualified va
  27 Cards
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• 7th Set

  7th Set

  Sample Cards:

  are negotiable cds considered money mark,

  listed options on us exchanges are avail,

  under rule 144 an affiliate holding rest
  38 Cards
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• 8th Set

  8th Set

  Sample Cards:

  klp common stock has been trading at or,

  t f last sale information is always avai,

  are listed warrants usually marginable
  34 Cards
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• 9th Set

  9th Set

  Sample Cards:

  last week one of your customers placed a,

  t f calendar spreads or time spreads are,

  t f defeasance occurs when an outstandin
  61 Cards
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• 10th Set

  10th Set

  Sample Cards:

  t f tatical asset allocation attempts tp,

  t f tactical asset allocation is a marke,

  t f partial execution is allowed in an a
  5 Cards
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• 11th Set

  11th Set
  0 Cards
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• 12th Set

  12th Set
  0 Cards
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• Days To Know

  Days to Know

  Sample Cards:

  what is same business day 1,

  what is 1 business day 2,

  what is 2 business days 1
  11 Cards
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• Percentages

  Percentages

  Sample Cards:

  what is 025 1,

  what is 1 3,

  what is 5 2
  15 Cards
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• Times Dates

  Times/Dates

  Sample Cards:

  how long must customer statements be kep
  1 Cards
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• Settlement

  Settlement

  Sample Cards:

  when do muni bonds settle,

  when do corporate bonds settle,

  t f t notes settle next day while ginnie
  3 Cards
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• New Rules And Regulations

  New: Rules and Regulations

  Sample Cards:

  addresses reclassifications mergers or c,

  reegukation a is an exemption from regis,

  would filing an upldated prospectus be a
  32 Cards
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• New Taxes

  New: Taxes

  Sample Cards:

  interest on direct debt issued by the us,

  are excise taxes condsidered a progressi,

  what are excise taxes
  13 Cards
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• New Financial Statements

  New: Financial Statements

  Sample Cards:

  what does ebit stand for,

  on what financial statement can earnings,

  if a company issues debentures at par va
  10 Cards
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• New Fundamental Analysis Formulas

  New: Fundamental Analysis Formulas

  Sample Cards:

  formula for net worth,

  formula for book value,

  formula for book value per share
  14 Cards
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• New Settlement

  New: Settlement

  Sample Cards:

  regular way settlement corporate and mun,

  regular way settlement government,

  settlement cash
  8 Cards
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• New Brokerage Things

  New: Brokerage Things

  Sample Cards:

  order tickets must be approved by a ____,

  changes to order ticked must be approved
  2 Cards
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• New Equity Accounts

  New: Equity Accounts

  Sample Cards:

  minimum maintenance in short margin acco,

  a bd can rehypothicate up to __ of the d,

  t f reg t applies to both cash and margi
  31 Cards
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• New Equities

  New: Equities

  Sample Cards:

  do holders of preferred stock ever recei,

  a representative enters a customer s imm,

  will an immediate or cancel ioc order ta
  8 Cards
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• New Other Accounts Trading

  New: Other Accounts/Trading

  Sample Cards:

  t f the confirmation of a bond trade mus,

  time frame for a wash sale
  2 Cards
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• New Packaged Products

  New: Packaged Products

  Sample Cards:

  how much of a mutual funds net investmen,

  client purchased a variable life insuran
  2 Cards
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• New Retirement Plans

  New: Retirement Plans

  Sample Cards:

  are qualified plans set up with a truste,

  do non qualified retirement plans have t,

  are contributions to qualified retiremen
  14 Cards
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• New Dpps

  New: DPPs

  Sample Cards:

  t f dpps report to the irs and are taxed,

  are expenses deductible in a dpp,

  is interest in a dpp usually considered
  17 Cards
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• New Annuities

  New: Annuities

  Sample Cards:

  how are variable annuities priced,

  is there a maximum sales charge for vari,

  what happens to earnings dividends and c
  23 Cards
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• New Munis

  New: Munis

  Sample Cards:

  for an investor in the 37 federal income,

  is the bond contract or bond resolution,

  t f the bond contract contains the bond
  47 Cards
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• New Muni Documents

  New: Muni Documents

  Sample Cards:

  if you wanted to find out weather a reve,

  what document would show the authority t,

  in a new muni issue the issuer usually p
  3 Cards
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• New Muni Taxes

  New: Muni Taxes

  Sample Cards:

  taxes on interest from munis federal lev,

  taxes on muni interest state level out o,

  taxes on muni interest state level in st
  8 Cards
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• New Muni Indices And Ratios

  New: Muni Indices and Ratios

  Sample Cards:

  go index,

  revdex bond index,

  30 day visible supply bonds
  4 Cards
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• New Debt

  New: Debt

  Sample Cards:

  what is a mortgage bond backed by,

  what is a collateral trust bond backed b,

  what is an equipment trust certificate b
  31 Cards
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• New Test Improve

  New: Test Improve

  Sample Cards:

  customer wants to open new account but r,

  when an officer or director acquires con,

  a client has purchased a nonqualified va
  28 Cards
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• New Test Questions

  New: Test Questions

  Sample Cards:

  the financial statements of the acme man,

  on january 18 your customer sold 500 sha,

  your customer wants to know what portion
  10 Cards
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• Unit 1 Types Of Accounts 221

  Unit 1: Types of Accounts (221)

  Sample Cards:

  would a bank employee who only sells fix,

  would a muni bond be a good investment f,

  define specified adult
  153 Cards
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• Unit 1 Types Of Accounts 221

  Unit 1: Types of Accounts (221)

  Sample Cards:

  are covered calls allowed in an ira,

  do c corps get double taxed,

  do llcs get double taxed
  83 Cards
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• Unit 2 Suitability Info And Approvals 77

  Unit 2: Suitability Info and Approvals (77)

  Sample Cards:

  3 obligations under rule 2111 when recco,

  would liquidity be considered an investm,

  is time horizon an investment constraint
  8 Cards
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• Unit 3 Equity Securities 197

  Unit 3: Equity Securities (197)

  Sample Cards:

  does the par value increase decrease on,

  are mutual funds subject to the 5 markup,

  t f excess capital losses can be carried
  52 Cards
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• Unit 4 Debt Securities 107

  Unit 4: Debt Securities (107)

  Sample Cards:

  what is the coupon rate of this bond flb,

  is commercial paper secured or unsecured,

  commericial paper has maturity less than
  39 Cards
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• Unit 5 Corporate Bonds 64

  Unit 5: Corporate Bonds (64)

  Sample Cards:

  a bond convertible at 50 can be converte,

  a bond convertible at 50 is selling at 1,

  t f convertible bonds if the stock is se
  9 Cards
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• Unit 6 Muni Bonds 345

  Unit 6: Muni Bonds (345)

  Sample Cards:

  t f someone who buys a muni bond at a pr,

  formula to find yearly amortization on a,

  settlement for gov securities
  59 Cards
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• Unit 7 Treasury And Gov Securities 85

  Unit 7: Treasury and Gov securities (85)

  Sample Cards:

  farm credit system fcs,

  3 securities the farm credit system fcs,

  does the federal home loan mortgage corp
  33 Cards
  Preview Flashcards
• Unit 8 Investment Companies 269

  Unit 8: Investment Companies (269)

  Sample Cards:

  t f the practice of selling dividends is,

  does a closed end fund redeem shares,

  t f class b shares can offer breakpoints
  95 Cards
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• Unit 9 Insurance Company Products 72

  Unit 9: Insurance Company Products (72)

  Sample Cards:

  if you have a qualified single premium d,

  variable annuities can the number of acc,

  t f when a variable annuity contract is
  33 Cards
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• Unit 10 Options 456

  Unit 10: Options (456)

  Sample Cards:

  t f normally purchasing a put option on,

  t f a married put has a special tax bene,

  t f a married put is a specific type of
  15 Cards
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• Unit 11 Other Packaged Products 138

  Unit 11: Other Packaged Products (138)

  Sample Cards:

  do lps require a subscription agreement,

  do reits provide passive income,

  do cmos provide passive income
  16 Cards
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• Unit 12 Other Securities Products 61

  Unit 12: Other Securities Products (61)

  Sample Cards:

  t f each tranche in a cmo will have a di,

  t f tranches are groups of mortgages in,

  t f investors in a cmo dont own the cmo
  5 Cards
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• Unit 13 Portfolio Account Analysis 219

  Unit 13: Portfolio/Account Analysis (219)

  Sample Cards:

  t f with a progressive tax such as incom,

  t f with a progressive tax such as incom,

  t f sales and cigarette taxes are regres
  8 Cards
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• Unit 14 Types Of Risk And Disclosures 79

  Unit 14: Types of Risk and Disclosures (79)

  Sample Cards:

  the risk that is associated with changes,

  name for type of risk of the political c,

  what is sovereign risk
  30 Cards
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• Unit 15 Handling Customer Accounts 92

  Unit 15: Handling Customer Accounts (92)

  Sample Cards:

  is there any specific schedule for when,

  if a carrying member recieves account tr,

  what does acats stand for
  14 Cards
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• Unit 16 Orders And Quotation 250

  Unit 16: Orders and Quotation (250)

  Sample Cards:

  if a customer is long 650 shares of def,

  primary reason companies give stock divi,

  what is a subject quote
  3 Cards
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• Unit 17 Processing Transactions 86

  Unit 17: Processing Transactions (86)

  Sample Cards:

  t f,

  t f broker dealers use a due bill when t,

  t f a dk dont know notice is used when a
  4 Cards
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• Unit 18 Complaint Resolution 46

  Unit 18: Complaint Resolution (46)

  Sample Cards:

  disputes between anyone in the industry,

  disputes between anyone in the industry,

  statutory discrimination claims
  12 Cards
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• Unit 19 Communications With The Public 5

  Unit 19: Communications with the public (51)

  Sample Cards:

  does retail communication posted on an i,

  does correspondence need to be filed wit,

  does retail communication posted online
  11 Cards
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• Unit 20 New Issues Market 255

  Unit 20: New Issues Market (255)

  Sample Cards:

  can a rr send sales literature about a v,

  t f when recomending variable annuities,

  t f you may solicit transactions during
  38 Cards
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• Mark Ce

  Mark CE

  Sample Cards:

  two parts of books and records requireme
  1 Cards
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