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Ben Gurley
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Decks in this class (34)
Customer Accounts
What basic information is needed ...,
How much ownership would someone ...,
Program designed to verify a cust...
85
cards
Margin Rules
Reg t sets out rules for handling...,
After initial reg t requirements ...,
The firms loan to the customer is...
35
cards
Long Margin Accounts
The account must be marked to mar...,
As the market price changes at th...,
The debit balance in a margin acc...
17
cards
Short Margin Accounts
Short sales _______ permitted in ...,
Sma in a short account,
Formula for a short margin accoun...
6
cards
Margin on Options
Selling naked calls and puts can ...,
Initial margin to sell naked opti...,
For long options _____ of the pre...
10
cards
Account Chapter Test Questions
If a customer wants to pay with f...,
Can the sma be used to reduce the...,
Dividends paid to a restricted ma...
9
cards
New Issues - Corporate Underwritings
The basic specs of a new issues a...,
Letter of intent includes,
Firm commitment
37
cards
New Issues - Municipal Underwritings
Muni go bonds are generally requi...,
Revenue and industrial rev bonds ...,
In order to issue a municipality ...
25
cards
New Issues - US Gov't and Agency Underwritings
Treasuries are sold ______ by the...,
Weekly treasury auctions are held...,
Monthly auctions for t bills are ...
17
cards
Investment Companies - Overview
The _______ of 1940 regulates inv...,
The act defines three types of co...,
Face amount certificate company
9
cards
Investment Companies - Management Companies
A management company is establish...,
The sponsor must register the fun...,
In an open end fund each investor...
55
cards
Investment Companies - Variable Annuities
The units of the trust are ______...,
Fixed uit are very popular vehicl...,
Prior to offering a fixed uit the...
23
cards
Investment Companies - REITs and BDCs
A reit is a _______ investment co...,
Shares of reits can be traded and...,
Reits are registered under the __...
15
cards
Investment Companies - Retirement / Education / Health Savings Plans
Employer established plans are re...,
Plans that comply with erisa are,
Erisa covers only _____ plans
31
cards
Investment Companies - Test Questions
Money market funds typically are ...,
Open end mutual funds are purchas...,
The formula to compute a lower of...
45
cards
Taxes & Tax Shelters - Types of Taxable Income
There are three types of income a...,
Also included in the definition o...,
Max tax rate for earned income is
12
cards
Taxes & Tax Shelters - Taxation of Corporate and Gov't Securities
Constructive receipt means that i...,
Commissions on trades are include...,
Brokers on a tax form 1099 b must...
17
cards
Taxes & Tax Shelters - Taxation of Muni Bonds
The formula for the equivalent ta...,
For muni bonds if the bond is iss...,
For muni bonds if the bond is iss...
7
cards
Taxes & Tax Shelters - Taxation of Equity Options
Premiums paid on options are trea...,
Call holder cost basis,
Call writer sale proceed
7
cards
Taxes & Tax Shelters - Other Tax Rules
Dividend distributions are report...,
A mutual fund shareholders aggreg...,
For mutual funds the irs mandates...
23
cards
Taxes & Tax Shelters - Tax Advantaged Investments
A corporation is a _____ entity,
A partnership is _____ a taxable ...,
Tax losses from a partnership can...
40
cards
Taxes & Tax Shelters - Test Questions
Are short term long term gains an...,
Repayment of partnership loan pri...,
When computing cash flow from ope...
10
cards
Regulations - Securities Act of 1933
The 1933 act covers ______,
The 1934 act covers ______,
The trust indenture act of 1939 s...
50
cards
Regulations - Securities Exchange Act of 1934
Miss perms stands for,
The 1934 act does _____ apply to ...,
The one provision of the 1934 act...
56
cards
Regulations - Test Questions
The ______ decides which securiti...,
In house margin rules are _____ s...,
The fed reserve board only has th...
13
cards
Regulations - Other Federal and State Regulations
Trust indenture act of 1939 passe...,
The trust act of 1939 requires th...,
Generally __________ act as the t...
27
cards
Regulations - FINRA Rules
Any person who solicits orders to...,
If a sales assistant wishes to wr...,
To be registered you must complet...
53
cards
Regulations - MSRB Rules
The msrb board is composed of ___...,
The msrb has no regulatory author...,
The msrb cannot enforce its regul...
24
cards
Regulations - CBOE
Options advertising is defined as...
1
cards
Analysis - Fundamental Analysis
Current ratio,
Acid test ratio,
Ar turnover
19
cards
Analysis - Economic Analysis
When gdp drops for _ consecutive ...,
If gdp drops for at least ____ do...,
The leading indicator of inflatio...
9
cards
Analysis - Test Questions
The monetary environment is a ref...
1
cards
Debt
Term bonds all have the same ____...,
Serial bonds have different _____...,
Series bonds have the same _____ ...
107
cards
General Test Questions
Treasury receipts are purchased a...,
Series ee bonds are not _____,
T bills are quoted on a ______ ba...
317
cards
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Series 7
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