Sie final exam 2023 Study guides, Class notes & Summaries

CFP Practice Test 2023 CFP Standards of Conduct Sections (6) - CORRECT ANSWER-A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct - CORRECT ANSWER-Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Disclose and Manage Conflicts of Interest ...

Cash dividends and interest: What is taxable each year? 2. $1,100 gain By exercising, the customer buys the stock at the strike price of $60 and then sells the stock at the prevailing market price of $75. $75 - $60 = $15 gain on the stock position, offset by the $4 premium, gives a profit of $11 per share, or $1,100 for the contract covering 100 shares.: A customer buys 1 ABC Feb 60 Call @ $4 when the market price of ABC is 61. The stock moves to $75 and the customer exercises. The gain or l...

SIE Exam 2023 | questions and answers GRADED A+ What is cost basis? A The original purchase price plus any transaction costs B The transaction charges affiliated with the purchase of any security C The net after-tax purchase price per share of common stock D The amount of any gain or loss if a different transaction had occurred - A. The original purchase price plus any transaction costs Which of the following corporate securities carries the greatest risk to the investor? A Co...

SIE FINAL EXAM 2023...

Practice Final Exam SIE 2023 UPDATE WITH COMPLETE SOLUTION 1. Cash dividends and interest: What is taxable each year? 2. $1,100 gain By exercising,the customer buysthe stock atthe strike price of $60 and thensells the stock at the prevailing market price of $75. $75 - $60 = $15 gain onthe stock position, offset by the $4 premium, gives a profit of $11 per share,or $1,100 for the contract covering 100 shares.: A customer buys 1 ABC Feb 60 Call @ $4 when the market price of ABC is 61.The sto...

Securities Industry Essentials (SIE) Exam 2023 New Update Customer Protection Rule - ANS-Rule ensures customer's funds held by a broker dealer are deployed in safe areas; deposited in a RESERVE BANK ACCOUNT. 109 Currency Transaction Report (CTR) - ANS-Must file when a transaction from ONE person in ONE day is over $10,000. Laundering prevention. 111 FinCEN (Financial Crimes Enforcement Network) - ANS-A treasury department agency that focuses on money laundering and national security....