Fiducia - Study guides, Class notes & Summaries

CPFA License Exam- (Certified Plan Fiduciary Advisor) (Online Practice Questions) with Answers.

What are the 4 basic fiduciary standards under the Fiduciary Standard of Care? (Section 404) - ANSWER-1.) Loyalty - (Exclusive purpose rule - Providing benefits to participants and their beneficiaries; and defraying reasonable expenses of administering the plan) 2.) Prudence - (Act with prudence by investigating before making any plan decisions, documenting the decision-making process, hiring experts when they don't possess the knowledge or skills to make a decision, and monitoring if their de...

AAMS Module 10: Fiduciary, Ethical, and Regulatory Issues for Advisers Questions and Answers (100% Pass) The Securities Act of 1933 - Answer️️ -"Truth in Securities" law; applies to newly issued securities. There is registration of securities with the SEC by issuing a registrations statement with full disclosure of the material facts about the securities that are on offer. All new issues are accompanies by a prospectus. Contains a list of directors and offices, stockholdings, stock...

FL Real Estate Associate Exam Practice Questions 1. Agency relationship in Florida with the fewest duties/obligations:: Non-representation broker 2. If Jackson has no fiduciary duty and offers no representation whatsoever to the buyer or the seller in a transaction, Jackson is a:: Non-representation broker 3. Entity that determines and issues the final order in a disciplinary case constituting the finale agency action?: FREC 4. Circumstance when broker serving as an intermediary can collec...

7 Hour USPAP Eaxm with correct Answers graded A+ All of the following are fiduciary accounts EXCEPT: A) TOD accounts. B) trust accounts. C) estate accounts. D) guardian accounts. - CORRECT ANWERS-A) TOD accounts. Transfer on Death Accounts (TOD) are individual accounts with a designated beneficiary to receive account assets upon the death of the account owner. If a writer of an XYZ equity call option is assigned, which of the following should be delivered to the OCC? A) Cash equa...

AAMS Module 10: Fiduciary, Ethical, and Regulatory Issues for Advisers Exam 2024/2025 Questions With Completed & Verified Solutions.

Law of Agency-Final Exam Review A sellers subagent is working with a buyer - who does the sub agent have a fiduciary relationship with, the buyer or the seller? - ANS The seller. Advice and opinions are given to whom: - ANS Clients. Are net listings legal in Texas; and what does TRELA recommend; - ANS Yes, legal and recommends that only if the seller wants the net listing then the broker is responsible for informing him of the market condition ...

CPFA License Exam- (Certified Plan Fiduciary Advisor) (Online Practice Questions).

Agency - Fiduciary Relationship questions correctly answered already passedAgency This is the contractual relationship by where an agent is employed by a principal to transact on their behalf with third parties. Certain persons, by the nature of their position and appointment, can be acting as agents for their principal, and are thus bound to the constructs of the law of agency without it being explicitly stated so. Example: company director, due to hierarchy and the nature of their appoi...