| About The Series 66 Exam |
|
xiii | |
| About This Book |
|
xvii | |
| About The Test Bank |
|
xix | |
| About The Securities Institute Of America |
|
xxi | |
| Chapter 1 Definition Of Terms |
|
1 | (24) |
|
|
|
1 | (2) |
|
|
|
3 | (1) |
|
|
|
4 | (1) |
|
|
|
4 | (1) |
|
|
|
5 | (1) |
|
|
|
5 | (1) |
|
|
|
5 | (1) |
|
|
|
6 | (1) |
|
|
|
6 | (1) |
|
|
|
7 | (1) |
|
Investment Adviser Registration Database (IARD) |
|
|
8 | (1) |
|
Investment Adviser Representative |
|
|
9 | (1) |
|
|
|
9 | (1) |
|
|
|
10 | (1) |
|
|
|
10 | (1) |
|
|
|
11 | (1) |
|
|
|
11 | (1) |
|
Private Investment Company |
|
|
11 | (1) |
|
Offer/Offer to Sell/Offer to Buy |
|
|
11 | (1) |
|
|
|
12 | (1) |
|
|
|
12 | (1) |
|
|
|
12 | (1) |
|
Federally Covered Exemption |
|
|
12 | (1) |
|
|
|
13 | (1) |
|
|
|
13 | (1) |
|
|
|
14 | (1) |
|
|
|
14 | (1) |
|
|
|
15 | (1) |
|
|
|
15 | (1) |
|
|
|
15 | (1) |
|
|
|
15 | (1) |
|
|
|
16 | (1) |
|
|
|
16 | (1) |
|
|
|
16 | (1) |
|
Stop Orders/Stop Loss Orders |
|
|
17 | (1) |
|
|
|
17 | (1) |
|
|
|
18 | (1) |
|
|
|
19 | (6) |
| Chapter 2 Securities Industry Rules And Regulations |
|
25 | (26) |
|
The Securities Act of 1933 |
|
|
25 | (2) |
|
The Securities Exchange Act of 1934 |
|
|
27 | (2) |
|
Public Utilities Holding Company Act of 1935 |
|
|
29 | (1) |
|
Financial Industry Regulatory Authority (FINRA) |
|
|
29 | (1) |
|
The Trust Indenture Act of 1939 |
|
|
30 | (1) |
|
Investment Advisers Act of 1940 |
|
|
30 | (1) |
|
Investment Company Act of 1940 |
|
|
30 | (1) |
|
Retail Communications/Communications with the Public |
|
|
31 | (1) |
|
FINRA Rule 2210 Communications with the Public |
|
|
32 | (2) |
|
|
|
34 | (1) |
|
|
|
34 | (1) |
|
|
|
35 | (1) |
|
|
|
35 | (1) |
|
|
|
36 | (1) |
|
Misleading Communications |
|
|
36 | (1) |
|
Securities Investor Protection Corporation Act of 1970 (SIPC) |
|
|
37 | (1) |
|
The Securities Acts Amendments of 1975 |
|
|
38 | (1) |
|
The Insider Trading and Securities Fraud Enforcement Act of 1988 |
|
|
38 | (1) |
|
|
|
39 | (1) |
|
The Telephone Consumer Protection Act of 1991 |
|
|
39 | (1) |
|
National Securities Market Improvement Act of 1996 |
|
|
40 | (1) |
|
The Uniform Securities Act |
|
|
41 | (1) |
|
|
|
41 | (2) |
|
|
|
43 | (1) |
|
|
|
44 | (1) |
|
FINRA Rules on Financial Exploitation of Seniors |
|
|
44 | (3) |
|
|
|
47 | (4) |
| Chapter 3 Economic Fundamentals |
|
51 | (18) |
|
|
|
51 | (2) |
|
|
|
53 | (1) |
|
|
|
53 | (1) |
|
|
|
53 | (2) |
|
Schools of Economic Thought |
|
|
55 | (1) |
|
|
|
56 | (1) |
|
Tools of the Federal Reserve Board |
|
|
56 | (1) |
|
|
|
56 | (1) |
|
|
|
57 | (1) |
|
Changing the Discount Rate |
|
|
58 | (1) |
|
Federal Open Market Committee |
|
|
58 | (1) |
|
|
|
59 | (1) |
|
|
|
60 | (1) |
|
|
|
60 | (1) |
|
|
|
60 | (2) |
|
International Monetary Considerations |
|
|
62 | (1) |
|
London Interbank Offered Rate (LIBOR) |
|
|
62 | (1) |
|
|
|
62 | (3) |
|
|
|
65 | (4) |
| Chapter 4 Customer Recommendations, Professional Conduct, And Taxation |
|
69 | (40) |
|
Professional Conduct by Investment Advisers |
|
|
70 | (1) |
|
The Uniform Prudent Investors Act of 1994 |
|
|
70 | (1) |
|
Fair Dealings with Clients |
|
|
71 | (4) |
|
|
|
75 | (1) |
|
Disclosure of Client Information |
|
|
76 | (1) |
|
Borrowing and Lending Money |
|
|
76 | (1) |
|
Developing the Client Profile |
|
|
76 | (3) |
|
|
|
79 | (2) |
|
|
|
81 | (2) |
|
|
|
83 | (1) |
|
|
|
83 | (7) |
|
Predicting Portfolio Income |
|
|
90 | (2) |
|
|
|
92 | (3) |
|
|
|
95 | (2) |
|
|
|
97 | (1) |
|
|
|
97 | (1) |
|
Calculating Gains and Losses |
|
|
97 | (1) |
|
Cost Base of Multiple Purchases |
|
|
98 | (1) |
|
|
|
99 | (1) |
|
|
|
99 | (1) |
|
Taxation of Interest Income |
|
|
100 | (1) |
|
Inherited and Gifted Securities |
|
|
100 | (1) |
|
Donating Securities to Charity |
|
|
100 | (1) |
|
|
|
101 | (1) |
|
|
|
101 | (1) |
|
|
|
102 | (1) |
|
|
|
102 | (1) |
|
Corporate Dividend Exclusion |
|
|
102 | (1) |
|
Alternative Minimum Tax (AMT) |
|
|
103 | (1) |
|
Taxes on Foreign Securities |
|
|
103 | (2) |
|
|
|
105 | (4) |
| Chapter 5 Variable Annuities, Retirement Plans, And Life Insurance |
|
109 | (40) |
|
|
|
109 | (3) |
|
|
|
112 | (1) |
|
Recommending Variable Annuities |
|
|
113 | (1) |
|
|
|
114 | (1) |
|
|
|
114 | (1) |
|
|
|
115 | (1) |
|
|
|
115 | (1) |
|
Factors Affecting the Size of the Annuity Payment |
|
|
116 | (1) |
|
The Assumed Interest Rate (AIR) |
|
|
117 | (1) |
|
|
|
117 | (1) |
|
|
|
118 | (1) |
|
Variable Annuity vs. Mutual Fund |
|
|
118 | (1) |
|
|
|
118 | (1) |
|
|
|
119 | (1) |
|
Individual Retirement Accounts (IRAs) |
|
|
119 | (3) |
|
|
|
122 | (1) |
|
Local Government Investment Pools (LGIPs) |
|
|
123 | (1) |
|
|
|
124 | (1) |
|
|
|
124 | (1) |
|
|
|
124 | (1) |
|
It Is Unwise to Put a Municipal Bond in an IRA |
|
|
125 | (1) |
|
|
|
125 | (1) |
|
|
|
126 | (1) |
|
|
|
126 | (1) |
|
Tax-Sheltered Annuities/Tax-Deferred Account |
|
|
127 | (1) |
|
|
|
128 | (1) |
|
Tax Treatment of Distributions |
|
|
129 | (1) |
|
|
|
129 | (1) |
|
Non-Qualified Corporate Retirement Plans |
|
|
129 | (1) |
|
|
|
129 | (1) |
|
Deferred Compensation Plans |
|
|
130 | (1) |
|
|
|
130 | (1) |
|
|
|
130 | (2) |
|
Rolling Over a Pension Plan |
|
|
132 | (1) |
|
Employee Retirement Income Security Act of 1974 (ERISA) |
|
|
132 | (2) |
|
|
|
134 | (1) |
|
The Department of Labor Fiduciary Rules |
|
|
135 | (1) |
|
|
|
135 | (2) |
|
Premiums and Death Benefits |
|
|
137 | (1) |
|
|
|
138 | (1) |
|
|
|
139 | (1) |
|
|
|
140 | (1) |
|
|
|
141 | (1) |
|
Tax Implications of Life Insurance |
|
|
141 | (1) |
|
|
|
142 | (1) |
|
|
|
143 | (2) |
|
|
|
145 | (4) |
| Chapter 6 Registration Of Broker Dealers, Investment Advisers, And Agents |
|
149 | (26) |
|
Registration of Broker Dealers |
|
|
149 | (1) |
|
|
|
150 | (1) |
|
|
|
151 | (2) |
|
|
|
153 | (1) |
|
Resignation of a Registered Representative |
|
|
154 | (1) |
|
|
|
155 | (1) |
|
Changes in an Agent's Employment |
|
|
156 | (1) |
|
Mergers and Acquisitions of Firms |
|
|
156 | (1) |
|
|
|
156 | (1) |
|
Canadian Firms and Agents |
|
|
156 | (1) |
|
Investment Adviser State Registration |
|
|
157 | (1) |
|
The National Securities Market Improvement Act of 1996 (The Coordination Act) |
|
|
157 | (1) |
|
Investment Adviser Representative |
|
|
158 | (1) |
|
State Investment Adviser Registration |
|
|
159 | (1) |
|
|
|
159 | (1) |
|
|
|
160 | (1) |
|
Advertising and Sales Literature |
|
|
161 | (1) |
|
|
|
162 | (1) |
|
The Role of the Investment Adviser |
|
|
163 | (1) |
|
Additional Compensation for an Investment Adviser |
|
|
163 | (1) |
|
Agency Cross Transactions |
|
|
163 | (1) |
|
Disclosures by an Investment Adviser |
|
|
163 | (2) |
|
Investment Adviser Contracts |
|
|
165 | (1) |
|
Additional Roles of Investment Advisers |
|
|
166 | (1) |
|
Private Investment Companies/Hedge Funds |
|
|
166 | (1) |
|
|
|
166 | (1) |
|
|
|
167 | (1) |
|
|
|
167 | (2) |
|
|
|
169 | (6) |
| Chapter 7 Securities Registration, Exempt Securities, And Exempt Transactions |
|
175 | (18) |
|
|
|
175 | (1) |
|
|
|
176 | (3) |
|
Exempt Securities/Federally Covered Exemptions |
|
|
179 | (1) |
|
|
|
180 | (7) |
|
|
|
187 | (6) |
| Chapter 8 State Securities Administrator: The Uniform Securities Act |
|
193 | (18) |
|
Actions by the State Securities Administrator |
|
|
193 | (2) |
|
Actions Against an Issuer of Securities |
|
|
195 | (1) |
|
|
|
196 | (2) |
|
|
|
198 | (1) |
|
Civil and Criminal Penalties |
|
|
198 | (1) |
|
Jurisdiction of the State Securities Administrator |
|
|
199 | (1) |
|
Administrator's Jurisdiction over Securities Transactions |
|
|
199 | (3) |
|
Radio, Television, and Newspaper Distribution |
|
|
202 | (1) |
|
|
|
202 | (1) |
|
|
|
203 | (2) |
|
|
|
205 | (6) |
| Answer Keys |
|
211 | (10) |
| Glossary Of Exam Terms |
|
221 | (66) |
| Index |
|
287 | |
Biežāk uzdotie jautājumi par e-grāmatām