Iaccp exam Study guides, Class notes & Summaries

IACCP Exam Sample Questions With 100% Verified Answers 2023-2024. Which situation would trigger a violation of the SEC Pay-to-Play Rule? A. An individual who has become a covered associate within the last three months makes a $1,000 contribution to an elected official, whom the individual is also soliciting as an advisory client. B. An investment adviser makes a contribution of $50.00 to a government elected official responsible for selecting investment advisers. C. An investment adviser...

IACCP Examination Study Guide |Questions with 100% Correct Answers | Verified "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 - answerSEC 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 defini...

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

"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 from registration); AND $100M in AUM (optional for Mid-Sized ...

IACCP Examination Study Guide |Questions with 100% Correct Answers | Verified "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 - answerSEC 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 defini...

IACCP Exam Sample Questions with Verified Answers 2023-2024 Graded A+. Investment Advisers are generally required to register in the state where they have a principal place of business and any states where they maintain de minimus (5 or more clients in that state with the exception of LA, NE, NH & TX which have their own de minimus) - Answer- When is State Adviser Registration generally required? The following are deemed a SINGLE CLIENT 1) a natural person, and: (i) any minor child; (ii) a...

NRS IACCP Exam; IACCP (MASTER TERMS) with Complete Solutions Assignment - ANSWER Any direct or indirect transfer or hypothecation of an investment advisory contract by the assignor Who is not an Investment Advisor? - ANSWER A Bank, Lawyer, accountant, engineer, teach whose performance of such services is solely incidental to the practice of his profession, Broker-dealer (commission only)published of any bona fide newspaper, magazine, business publication, rating systems (Moodys, etc.) ...

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/prohi...

IACCP EXAM SAMPLE QUESTIONS WITH COMPLETE SOLUTION 2023/2024 | Graded A+. SEC-registered advisers that have proxy voting authority for clients must do which TWO of the following? (Choose two.) A. Adopt procedures to ensure proxies are voted in the best interest of clients. B. Disclose to clients information about the firm's proxy policies and procedures on Form ADV Part 2. C. Create a proxy voting committee to address conflict situations. D. Provide information to clients on how their pro...

"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 - CORRECT ANS 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 from registration); AND $100M in AUM (optional...