Iaccp exam questions - Study guides, Class notes & Summaries

IACCP Exam Questions with Correct Answers Latest 2023- 2024 | 100% Verified. 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 a...

IACCP (QE) IACCP Exam Questions And Answers!!

4 elements of "investment advice" Correct 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? Correct Answer $150 million What is the RAUM range of a "Mid Sized adviser"? Correct Answer $25-100 million What two factors determine whether mid size advisers are required to register? Correct Answer 1. Mid ...

IACCP MASTER QBANK EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ 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 Correct Answer: B. On a pro rata basis but other allocation methods can be used ...

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...

Money laundering definition Correct Answer criminal activity that occurs when money from illegal activity is moved through the financial system to make to appear legit OFAC Correct Answer OFAC oversees the enforcement of federally mandated economic sanctions against certain foreign governments, financial institutions, and the SDN List. SDN List Correct Answer individuals &various entities that are targets of sanctions either due to drug trafficking, terrorism, or other illegal activity. Al...

Section 201 Correct Answer Findings Section 202 Correct Answer Definitions Section 203 Correct Answer Registration of Investment Adviser Section 203A Correct Answer State & Federal Responsibilities Section 204 Correct Answer Annual & Other Reports Section 204A Correct Answer Prevention of Misuse of NonPublic Information Section 205 Correct Answer Investment Advisory Contracts Section 206 Correct Answer Prohibited Transactions by Investment Advisers Section 207 Correct Ans...