Description
JOHN WILEY Wiley Series 63 Exam Review 2014 + Test Bank The Uniform Securities Examination 2013 Edition by Inc. The Securities Institute of America
Wiley Series 63 Exam Review prepares candidates for the Uniform Securities Examination, which qualifies a securities agent. The book addresses ethical practices, fiduciary obligations, and state securities acts and related rules. Candidates will gain access to an online test bank for each chapter and thorough preparation for the FINRA exam. ABOUT THE SERIES 63 EXAM IX ABOUT THIS BOOK XIII ABOUT THE TEST BANK XV ABOUT THE SECURITIES INSTITUTE OF AMERICA XVII CHAPTER 1 FEDERAL LAW REVIEW 1 The Securities Act of 1933 1 The Prospectus 2 The Final Prospectus 2 Misrepresentations 3 The Securities Exchange Act of 1934 3 Net Capital Requirement 7 Customer Coverage 7 Fidelity Bond 8 The Insider Trading and Securities Fraud Enforcement Act of 1988 8 Firewall 9 The Telephone Consumer Protection Act of 1991 9 National Securities Market Improvement Act of 1996 10 The Uniform Securities Act 11 The Uniform Prudent Investors Act of 1994 11 CHAPTER 2 DEFINITIONS OF TERMS 13 Security 13 Person 15 Broker Dealer 16 Pension Consultants 18 Form ADV 18 Investment Adviser Representative 19 Offer/Offer to Sell/Offer to Buy 21 Sale/Sell 21 Guarantee/Guaranteed 22 Contumacy 22 Federally Covered Exemption 22 Pretest 23 CHAPTER 3 REGISTRATION OF BROKER DEALERS, INVESTMENT ADVISERS, AND AGENTS 29 Registration of Broker Dealers and Agents 29 Agent Registration 30 Registering Broker Dealers 31 Financial Requirements 32 Broker Dealers on the Premises of Other Financial Institutions 32 Registering Agents 32 Canadian Firms and Agents 34 Investment Adviser Registration 34 The National Securities Market Improvement Act of 1996/The Coordination Act 35 Investment Adviser Representative 36 Investment Adviser Registration 36 Capital Requirements 37 Exams 37 Advertising and Sales Literature 38 Brochure Delivery 39 Wrap Accounts 39 Pretest 41 CHAPTER 4 SECURITIES REGISTRATION, EXEMPT SECURITIES, AND EXEMPT TRANSACTIONS 47 Exempt Securities 47 Securities Registration 48 Registration of IPOs Through Coordination 48 Registration Through Notice Filing 49 Registration of Non-Established Issuers/Registration Through Qualification 49 Exempt Securities/Federally Covered Exemption 51 Exempt Transactions 52 Pretest 57 CHAPTER 5 PROFESSIONAL CONDUCT AND PROHIBITED AND FRAUDULENT ACTIONS 63 Fraud 63 Professional Conduct 64 Suitability 64 Market Manipulation 66 Customer Complaints 67 The Role of the Investment Adviser 67 Additional Compensation for an Investment Adviser 68 Agency Cross Transactions 68 Disclosures by an Investment Adviser 68 Investment Adviser Contracts 70 Private Investment Companies/Hedge Funds 70 Soft Dollars 70 Pretest 73 CHAPTER 6 THE STATE SECURITIES ADMINISTRATOR AND THE UNIFORM SECURITIES ACT 81 Actions by the State Securities Administrator 81 Cancellation of a Registration 82 Withdrawal of a Registration 83 Actions Against an Issuer of Securities 83 Rule Changes 83 Administrative Orders 83 Interpretive Opinions 84 Administrative Records 84 Investigations 85 Civil and Criminal Penalties 85 Jurisdiction of the State Securities Administrator 86 Administrator's Jurisdiction over Securities Transactions 86 Right of Rescission 88 Statute of Limitations 89 Pretest 91 ANSWER KEYS 97 GLOSSARY OF EXAM TERMS 105 INDEX 171