This is a Series 66 Exam Lesson 56 Securities Exchange Act of 1934 Quiz: a free quiz for Series 66 Exam Lesson 56 Securities Exchange Act of 1934 Quiz. Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 56 Securities Exchange Act of 1934 Quiz. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. Which of the following is contained in a 10-K? (Select all that apply.)

3. The 10-Q is an audited financial report submitted quarterly to the Securities and Exchange Commission.

4. A ___ is filed if the company changes its name or there’s a 5% or greater change in the number of shares outstanding.

5. Which of the following is required from the broker-dealers by the Securities Exchange Act of 1934?

6. Under ___, margins are regulated from brokers to their customers.

7. Broker-dealers are allowed to disclose to customers the routing of the customers’ orders.

8. It is a totally anonymous matching of buy and sell orders.

9. Which of the following are/were physical exchanges?

10. Which of the following is true about penny stocks?

11. The broker is not required to assess a penny stock buyer’s financial situation if the buyer is a/an ___.

12. It is trading on nonpublic material information on the company.

13. This is the catchall rule that prohibits anything fraud even if it is not specifically prohibited in the Securities Exchange Act of 1934.

14. For unlawful practices under the Securities Exchange Act of 1934, suits can be brought within ___ of discovery.

15. If a control person owns a position of a stock and he wants to lock in his profit or loss, he can ___.

16. Anybody that has nonpublic material information on the company is considered an insider.

17. In the United Sates, they are exempted from the rules that prohibit insider trading.

18. Insiders can trade on the material nonpublic information once the information has been made public.

19. Only the Securities and Exchange Commission can sue insider traders.

20. The statute of limitation for insider trading is ___.

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 56 Securities Exchange Act of 1934 Quiz 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 55 Securities Act of 1933 Quiz: a free quiz for Series 66 Exam Lesson 55 Securities Act of 1933 Quiz. Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 55 Securities Act of 1933 Quiz. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. This is the registration statement that a company must file if the company wants to go public.

3. The registration statement is filed with the ___.

4. After the company that wants to go public has filed the registration statement, its investors can already trade their stocks publicly.

5. It contains full and fair disclosure about the company that is going public and the risks involved in investing in the company.

6. The Securities Act of 1933 attempts to curb speculation in new issues securities by preventing the ability to margin stock or borrow against the new issues securities.

7. A person buys and sells stock in a regular account. Under current margin requirements set by the Federal Reserve board, he can margin his securities at ___.

8. When the SEC has confirmed that the company has given a full and fair disclosure of information, the company enters into a quiet period for ___ days.

9. Which of the following is NOT allowed during the quiet period following the SEC’s confirmation of the company’s full and fair disclosure?

10. If the SEC finds that there is no full and fair disclosure from the company that wants to go public, ___.

11. Which of the following information is contained in the initial offering prospectus?

12. The purchaser of the stock must have the final prospectus prior to the settlement of the sale.

13. For initial public offerings, the company has ___ days to deliver the final prospectus to the customer after the order is taken.

14. To sell a 144 stock, the holder of that stock must have held that stock fully paid for at least ___.

15. Which of the following is considered a control person? (Select all that apply.)

16. An insider owns 15% of a publicly traded stock on electronic exchange. It would take him at least ___ days to dribble out and sell all of his stocks.

17. Which of the following are exempt transactions under the Securities Act of 1933?

18. In order to be qualified to purchase an exempt offering, an investor must be ___.

19. Anyone can buy private placements as long as the buyer is registered with the Securities and Exchange Commission.

20. The Securities and Exchange Commission does not require registration of Regulation D offerings.

 Series 66 Exam Lesson 55 Securities Act of 1933 Quiz

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 55 Securities Act of 1933 Quiz 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 28 Unit Investment Trust Quiz: a free quiz for Series 66 Exam Lesson 28 Unit Investment Trust Quiz which is covering the Unit Investment Trust . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 28 Unit Investment Trust Quiz. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. The unit investment trust is regulated by the Investment Company Act of 1940.

3. What is the implication of a unit investment trust being self-liquidating?

4. Which of the following is true about a unit investment trust which invests in fixed income investments?

5. A fixed income unit investment trust differs from an open-end mutual fund in such a way that ___.

6. A unit investment trust does not expand nor contract in size once issued.

7. Unit investment trusts can invest in ___.

8. The shares of beneficial interest in a unit investment trust can be redeemed prior to maturity.

9. A unit investment trust that invests in a master limited partnership will receive a ___ at the end of the year.

10. A trust invests in a closed-end fund. The fund’s net asset value is $28.74. It currently trades at $29.03. What is the percentage of the premium?

11. It is a unit investment trust used to fund variable annuities.

12. In a fixed income unit investment trust, if any of the bonds in the fund default, the principal that the investor would be getting back would ___.

13. A unit investment trust that invests in US government bonds that is held in maturity is NOT subject to ___.

14. What is the advantage of buying a unit investment trust that strictly invests in a master limited partnership (compared with a unit investment trust that invests in closed-end funds that invest in the same master limited partnership)?

15. These are risk-free investments.

16. When a unit investment trust closes, the investor can ___.

17. Rolling over into the next unit investment trust is a non-taxable event.

18. It is taking the proportion of the securities held in the trust when the unit investment trust closes.

19. The intention to receive in-kind distribution when the unit investment trust closes must be made known to the trust at least ___ days before the termination of the trust.

20. A large enough position is required before an investor can opt to receive in-kind distribution when the unit investment trust closes.

 We hope you did well on this Series 66 Exam Lesson 28 Unit Investment Trust Quiz

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 28 Unit Investment Trust Quiz 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Quiz Mutual Funds 3: a free quiz for Series 66 Exam Quiz Mutual Funds 3 which is covering Mutual Funds part 3 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Quiz Mutual Funds 3. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. What is the minimum capital for a hedge fund?

3. Which of the following is qualified as an accredited investor according to the Securities Act of 1933?

4. A business is qualified to be an accredited investor if all its equity owners are accredited investors.

5. A natural person can be an accredited investor if that person ___.

6. The performance of a hedge fund is always better than the market.

7. Which of the following strategies does a hedge fund employ?

8. A mutual fund’s annual and semiannual report has an income statement similar to a regular corporate income statement.

9. Which of the following can be found in a mutual fund’s income statement?

10. Which of the following is true about expense ratio?

11. If you’re buying a fund at a very big discount but has a very high expense ratio, the discount you’re buying those stocks may disappear.

12. An investment company should distribute at least ___ of its income in order to be regulated under the Investment Company Act of 1940.

13. If an investment company is not regulated under the Investment Company Act of 1940, ___.

14. Investment companies can pass through capital gains ___.

15. An investor buying a mutual fund at the end of the year will not be paying taxes if he has not made any money in the fund.

16. It is a type of mutual fund having a portfolio that is constructed to mimic the market index.

17. These funds are traded as regular stocks on the stock exchange, but move throughout the day.

18. As an investor in a fund or in a management company, you have the right to ___.

19. In an investment company, ___ of the directors must be non-interested.

20. In a dollar cost averaging, when the price of the stock goes up, ___.

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 26 Quiz Mutual Funds pt. 3 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Quiz Mutual Funds 1: a free quiz for Series 66 Exam Quiz Mutual Funds 2 which is covering Mutual Funds part 2 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Quiz Mutual Funds 2. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. Which of the following details can be found on the website of the company that sponsors a closed-end fund?

3. It is the amount annually collected from the shareholders, which include all the operating cost of the fund.

4. If a closed-end fund has a very high expense ratio, one reason you might wish to buy the fund is because ___.

5. In financial industry, “Red Herring” refers to ___.

6. Which of the following is true about a preliminary prospectus?

7. One way that funds will get a higher return than the market average or a bigger loss than the market average is by leveraging their assets.

8. A fund is leveraged at 9.2%. If it has $80,000,000 in its assets, the portfolio would reflect a value of ___.

9. Leveraged funds enhance returns and outperform the market when stocks are going down.

10. A mutual fund or a management company must distribute their income ___.

11. A management company distributes its income in a form of ___.

12. These are capital gains that the management company must distribute at least on an annual basis.

A. capital yield

13. Dividend yield is the dividend that is paid out from the stocks that the management company owns and then passed through to the investors.

14. If you buy a closed-end fund before or close to the record date, your net asset value would decline by the amount of the distribution.

15. What would be a good reason for management companies to organize as master limited partnerships?

16. It is a tax document of a master limited partnership.

17. Why would a management company organize as a closed-end fund instead of an open-end fund?

18. A mutual fund held in another mutual fund would have double management fees.

19. The management fees of closed end funds ___.

20. Why would hedge funds acquire a big position in closed-end funds?

A. so that they can avoid the double taxation

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 25 Quiz Mutual Funds pt. 2 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Quiz Mutual Funds 1: a free quiz for Series 66 Exam Quiz Mutual Funds 1 which is covering Mutual Funds part 1 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Quiz Mutual Funds 1. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. Which of the following is an example of an income fund?

3. Which of the following is an example of an open-end fund?

4. Which of the following is a requirement in putting up an investment management company?

5. It is anybody who has the ability to sponsor the mutual fund.

6. It is the document which outlines everything that the client needs to know about the mutual fund.

7. Which of the following is contained in the prospectus?

8. The objectives of the fund is already fixed in the prospectus and can never be changed until all the funds are withdrawn.

9. Buying a mutual fund is buying a bond.

10. Mutual funds are not traded.

11. Mutual funds allow the investor to switch within the family of funds with no sales charge.

12. In an open-end fund, there’s a one-time fee that the underwriter will get for selling the shares in that fund.

13. No load funds have no ___.

A. asking price

14. The maximum sales charge for loaded funds is ___.

15. If a loaded fund chooses to charge the maximum sales charge, it is also required to offer ___.

16. Which of the following is true about breakpoints?

17. The maximum length on the letter of intent is ___.

18. Which of the following is a characteristic of a diversified fund?

19. Which of the following is the ideal type of 12b-1 fund for long-term investors?

20. Which of the following mutual fund sales practices is prohibited by the Investment Company Act of 1940?

We hope you did well on this

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 24 Quiz Mutual Funds pt. 1 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 39 Quiz Options pt 6: a free quiz for Series 66 Exam Lesson 39 Quiz which is covering Options part 6 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 39 Quiz Options pt 6. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. In a ratio strategy, there is an unlimited potential loss on the upside.

3. It is the largest options exchange and where options in the United States are traded for the most part.

4. It is the subsidiary of Chicago Board Options Exchange where option contracts are cleared.

5. The Chicago Board Options Exchange only issues new options near where the stock is trading at.

6. Which of the following are possible strike prices on options for a stock that trades at $300?

7. The minimum increment on option is ___.

8. Options expire at ___ on the third Friday of the expiration month.

9. This is the price at which you can buy or sell the stock when the stock’s option has already expired.

B. exercise price

10. Specific stocks have specific cycles or months that they trade on.

11. An option issued on Cycle ___ is issued only on the months of ___, April, July, and October.

12. The higher the volatility of the stock, the lower the premium for the time value of its option.

13. If you exercise your call option on a Wednesday, you’ll get your stock on ___.

14. It is a limit on the number of contracts that an individual or a group of individuals acting in concert can acquire.

A. contract limit

15. There is a limit on the number of contracts that can be exercised within any five business days.

16. Option contracts are NOT adjusted for ___.

17. You hold an option contract for a stock with a strike price of $80 a share for 100 shares. If the stock did a 2 for 1 stock split, then ___.

18. LEAPS are options with terms longer than ___ and have a maximum life of ___.

C. nine months; 36 months

19. On a given day, there are 35,000 puts traded and 50,000 calls traded. What is the put-call ratio?

20. All of the following foreign currencies are traded in a contract size of 10,000 units of the local currency EXCEPT ___.

We hope you did well on this Series 66 Exam Lesson 39  Quiz Options pt 6

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 39 Quiz Options pt 6 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 38 Quiz Options pt 5: a free quiz for Series 66 Exam Lesson 38 Quiz which is covering Options part 5 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 38 Quiz Options pt 5. Try it and see how you do if you need help listen to the lesson over.

Questions covered include

2. In a spread, when you close out one position, you are expected to close out the other position at the same time.

3. The longer the option, the higher the time value premium.

4. As an option approaches its expiration date, the time value on that option reaches its maximum value at the expiration of that option.

5. This spread is designed to try to capture the decline of an option’s time value as the option approaches its expiration date.

6. Which of the following is bearish?

7. The maximum profit for a long call spread is the net cost of the spread.

8. A short call spread is a credit spread.

9. You bought Jan 80 call at $10 and sold Feb 80 call at $20. Stock trades at $100 at expiration. Feb 80 call has $5 time value left. Which is true?

B. You shall buy back the February 80 call at $20.

10. You bought Nov 30 call at $3 and sold Dec 30 call at $5. Stock trades at $25 at Nov expiration. Dec 30 call has $1 time value left. Which is true?

11. You bought Mar 60 call at $5 and sold Apr 70 call at $3. This transaction is most probably a ___.

12. You initiated a long call spread by buying Sept 70 call at $10 and selling Oct 80 call at $5. What is your maximum profit in this transaction?

13. You initiated a long call spread by buying May 100 call at $15 and selling June 85 call at $8. What is your maximum loss in this transaction?

14. If you enter into a long call spread, which of the following pair of transactions would give you the greatest possible profit?

15. You initiated a short call spread by buying a Jan 40 call at $4 and selling a Feb 30 call at $7. What is your maximum profit in this transaction?

16. If you enter into a short call spread, which of the following transactions would you pair with buying a Nov 65 call at $6 to have the greatest possible profit?

C. selling a December 40 call at $9 per share

17. You entered into a long put spread by buying Aug 95 put at $15 and selling Sept 75 put at $9. Which of the following is true?

18. In a long put spread, you bought Apr 55 put at $6 and sold May 35 put at $3. If the stock trades at $60 at April expiration, which is true?

19. What’s your initial credit if you bought Oct 80 put at $9 and Nov 90 put at $13 both for a stock initially trading at $85?

20. In a short put spread, you bought June 60 put at $8 and sold July 75 put at $10. The stock trades at $70 at June expiration. Your net profit is:

We hope you did well on this Series 66 Exam Lesson 38  Quiz Options pt 5

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 38 Quiz Options pt 5 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 36 Quiz Options pt 3: a free quiz for Series 66 Exam Lesson 36 Quiz which is covering Options part 3 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 37 Quiz Options pt4. Try it and see how you do if you need help listen to the lesson over.

2. The last trading day of options is ___.

3. Options expire on ___.

4. It is a type of straddle wherein you sell the straddle.

5. The cost of a straddle is equal to ___.

6. The risk in a long straddle is ___.

7. The profit in a short straddle is ___.

8. The breakeven for a short straddle is the same as the breakeven for a long straddle.

9. In long straddles, the breakeven on the upside is where ___.

A. the new stock price rises above the initial stock price plus the premium of the call option

10. In long straddles, the breakeven on the downside is where ___.

11. In a long straddle, you make profit as long as the stock moved outside the breakeven on the upside and the breakeven on the downside.

12. In a short straddle, you lose money when the stock stays within the breakeven on the upside and the breakeven on the downside.

13. If you’re looking at buying a straddle, you’re looking for volatility; if you’re looking to sell a short straddle, you’re looking for stability.

14. In theory, a stock with a high beta should have lower option prices than a stock with a low beta.

15. A stock’s price is $35. The strike price is $30, the call premium is $5.50, and the put premium is $1. What is the breakeven on the upside?

16. A stock’s price is $80. The strike price is $78, the call premium is $5, and the put premium is $3. What is the breakeven on the downside?

17. A stock has a price of $65. The beta is 0.89. The strike price is $63. The call premium is $3 and the put premium is $2. Assuming the stock move with its beta, the market must go up

to ___ to breakeven on this option.

18. A stock has a price of $15. The beta is 1.7. The strike price is $14. The call premium is $2 and the put premium is $1.50. Assuming the stock moves with its beta, the market must go down to ___ to breakeven on this option.

19. You bought a long straddle. The stock price is $55 while the strike price is $53. The call premium is $4.75 while the put premium is $2. If the stock went up to $58, which of the following is true?

20. You sold a short straddle. The stock price is $16 while the strike price is $15. The call premium is $1.60 while the put premium is $1.50. If the stock went down to $10, what will be your gain/loss?

A. You would gain $3.10 from collecting the premium. The option would not be exercised because it is out of the money.

We hope you did well on this Series 66 Exam Lesson 37  Quiz Options pt 4

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

The post Series 66 Exam Lesson 37 Quiz Options pt 4 2024 appeared first on Audio Lessons for the Series 65 Exam.

This is a Series 66 Exam Lesson 36 Quiz Options pt 3: a free quiz for Series 66 Exam Lesson 36 Quiz which is covering Options part 3 . Try it and see how you do if you need help listen to the lesson over.

This is a Series 66 Exam Lesson 36 Quiz Options pt 3. Try it and see how you do if you need help listen to the lesson over.

1. It refers to the number of options that are currently trading in the market.

2. The following increases open interest EXCEPT:

3. If you bought an option and you want to sell it, the market price of the option would be ___.

4. Which of the following factors least affect the premium of an option?

C. option time period

5. If you want to short a stock and interest rates are high, you have to pay higher margin interest rates.

6. Utility stocks used to be referred to as ___.

7. Why do utility stocks often have low premium options?

8. It is the measure of a stock’s volatility in relation to the market.

9. Which of the following is NOT true about beta?

10. If you short a stock and the stock pays a dividend, you are required to pay the dividend when that dividend comes do.

11. Compared to call premiums, put premiums are lower on a high dividend stock.

12. Which of the following would yield a low option premium?

13. If you think the stock would go up, which is the best option strategy to take?

C. Write a covered call.

14. Why is it wise to write a covered call when the stock would go down?

15. If you long a call, that gives you the right to buy the stock at a specific strike price.

16. If you short a put, you are obligated to deliver the stock if it is called away from you.

17. A stock is selling at $50. A call option on that stock has a strike price of $70. The premium is $5. What is the breakeven for this option?

18. You wrote a covered call for a stock. The stock price is $30. The stock’s premium is $10 and the strike price is $25. If the stock goes down to $20, which is unlikely to happen?

A. The option holder would exercise his option.

19. You wrote a covered call with a premium of $20 for a stock trading at $100. The strike price was $100. If the stock went up to $150, which is true?

20. You wrote a put with a premium of $5 on a stock selling at $40. The strike price was $40. If the stock went down to $30, what would happen?

We hope you did well on this Series 66 Exam Lesson 36 Quiz Options pt 3

———————————

The other possible exam would be the series 65 examination.

The Series 66 exam — the NASAA Uniform Combined State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.

The exam consists of 100 scored questions. Candidates have 150 minutes to complete the exam. In order for a candidate to pass the Series 66 Exam, he/she must correctly answer at least 73 of the 100 scored questions.

There is no prerequisite for the Series 66 examination. However, the  SIE and the Series 7 examination are co-requisites to the Series 66 Examination.

What is the Series 65 Exam?

The Series 65 is another path to becoming an Investment Advisor Representative (IAR)

Sometimes called the IAR in a box

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The NASAA, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

Again requisites for this exam are the SIE Exam and the Series 7 Exam Top Off

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 65.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

Series 66 Exam Free Audio Lesson 13 is a lesson for the Series 66 Exam which can lead to the candidate being licensed as an Investment Advisor Representative.

The Series 66 Exam consists of 100 questions. When taking the Series 66 to join an RIA firm as a IAR, candidates must complete the exam within 150 minutes. A passing score is 73%, which translates to correctly answering 73 of the 100 scored questions. The Financial Industry Regulatory Authority, which administers the exam, does not release Series 66 pass rates. But this is a TOUGH exam, many people do not pass on the first try.

The test covers financial industry regulation, securities law, ethics, investments and economics. All these topics factor into a financial advisor’s day-to-day work. Most candidates devote considerable time to studying for the Series 66.

The other possible exam path to become a IAR would be the series 65 examination.

Unlike the Series 66 Exam the Series 65 exam does not have the Series 7 Requirement

The Series 65 unlike broker-dealer exams (think the Series 7 Exam) the Series 65 Exam requires no company sponsor.

Different States have different requirements in become an Investment Advisor Representative (IAR) so check your states department of securities licensing to find out its requirements.

The Series 65 exam is designed for those who do not have a Series 7 license. The content of both exams are similar though the Series 65 will be more heavily concentrated on Investment products and economics (like you would need to learn for the SIE and Series 7 Exam). … The Series 66 exam has a little more State law (such as what you will find in the Series 63 Exam) and some esoteric investment products.

Our audio lessons for both the Series 65 and Series 66 cover the material you would need to learn for the SIE and Series 7 exam so it may be a little more than you need for the Series 66 but we want you to be fully prepared!

The only difference between the two series of exam lessons (the 65 and 66) is that the Series 66 exam also covers the material needed for the Series 63 exam.

Our other website s for FINRA and other certification Exams include:

https://www.siepodcast.com

https://www.series7podcast.com

https://series66podcast.com

https://series65podcast.com

https://www.series7podcast.com

https://series6lessons.com

https://series22podcast.com

https://insuranceexampodcast.com

https://www.siepodcast.com

https://series79podcast.com

https://insuranceexampodcast.com

https://www.reexampodcast.com/

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