Iaccp if - Study guides, Class notes & Summaries

IACCP Exam Questions and Answers 100% Correct 4 elements of "investment advice" - ANSWER 1. Advice about market trends 2. Advice in historical or data form 3. Advice about selecting an adviser 4. Advice about the pros and cons of securities vs. other investments What is the RAUM threshold for Registered Advisers? - ANSWER $150 million What is the RAUM range of a "Mid Sized adviser"? - ANSWER $25-100 million What two factors determine whether mid size advisers are required to r...

IACCP Examination Study Guide | 94 Questions And Answers Latest Updates may 2023. "Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - ANSWERS-SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted ...

IACCP 2 (General Advisors Act) 2023 Q Questions and Answers Investment Adviser - ANSWER Person or entity that is in the business of providing investment advice about securities Fiduciary - ANSWER an investment adviser owes its clients undivided loyalty and may not engage in activity that conflicts with a client's interest without the client's consent Who is required to register with the SEC? - ANSWER 1) an investment advisor under Section 202(a)(11) of the Advisors Act 2) Not excepte...

IACCP Master Question Bank | Questions With Correct Answers 2023-2024 | 100% Verified. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion - Answer B. On a pro rata basis but other allocation methods can be used without violating the Advise...

IACCP EXAM QUESTIONS WITH CORRECT ANSWERS (2023 ) Section 17(a)(2) Exchange Act - CORRECT ANSWERS Prohibits any untrue statements of material fact or material omissions in the offer or sale of securities Section 17(a)(3) Exchange Act - CORRECT ANSWERS Prohibits engaging in a course of business which operates as a fraud or deceit in the offer or sale of securities Section 17d - CORRECT ANSWERS Basically no affiliate of an...

IACCP Examination 2023 Questions and Answers 100% Correct "Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - ANSWER SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohi...

IACCP (QE) EXAM QUESTIONS WITH COMPLETE SOLUTION 2023/2024 | 100% Verified. Which THREE persons or firms may be excluded from having to register under the Investment Advisers Act of 1940? (Choose three.) A. Accountants whose advisory services pertain solely to incidental financial planning. B. Persons or firms whose advice and reports are related solely to U.S. government securities. C. Publishers of generally circulated, bona fide newspapers or financial journals. D. Domestic banks and ...

IACCP Master Questions Bank with Answers 100% solved Rated A+IACCP Master Questions Bank with Answers 100% solved Rated A+ Contains marking scheme The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should ...

IACCP Master Questions Bank with Answers 100% solved Rated A+. The SMC Capital, Inc. No-Action Letter (September 5, 1995) states that trade allocations may occur: A. Only on a rotational basis B. On a pro rata basis but other allocation methods can be used without violating the Advisers Act C. Only on a pro rata basis D. Based on the trader's good faith discretion – Which of the following should NOT be a factor when evaluating best execution? A. Price B. Transaction costs C. Availa...

IACCP Examination | 100% Correct | Verified | 2024 Version "Investment Adviser" person/firm compensated for engaging in business of (directly or indirectly) advising others on securities or the advisability of investing (or) who issues analysis/reports concerning securities - SEC vs Capital Gains Research Bureau basis of Fiduciary Rule, specifically Best Interest SEC Registration Required when 1) definition of "IA" is met (unless otherwise excepted from definition or exempt/prohibited ...