This is a very good resource for Series 26 exam facts! At http://www.examfacts.com they have an
excellent study guide filled with basic exam facts for the Series 26 exam.
The book is also available at Amazon.com
Example
Questions from the Exam Facts 26 Book:
What
are Bonus Annuities?
Clients
must be made aware that these upfront benefits are typically offset by higher
annual charges. The bonus is not taxable nor is it negotiable.
Discuss
Branch Office
If a
representative uses a vacation home to transact business for 30 business days
or more per year, the location qualifies as a branch. A registered representative who works from
home may enter orders reviewable by his branch and e-mail clients through the
firm's Web e-mail system.
What
are Breakpoints?
Purchases
made at different brokerage firms may be aggregated.
Who is
a Broker?
Transacts
business for others
Define
Cancel after 45-day free look
Front-end
= (up until 18 months) shares current NAV plus sales charges > 15% of total
investment. After 18 months = shares NAV only. Spread-load = Shares current NAV
only
No comments:
Post a Comment