Mr. and Mrs. Smith, a couple roughly 15 years from retirement, have inquired about the availability of a product you might recommend to them which accommodates their investment objective, which is a hedge against both inflation and deflation. Which of the below would be most suitable?

Each member firm must provide firm element continuing education training which is appropriate to the type and size of the member. However, FINRA rules mandate Regulatory Element CE testing on a specific periodic schedule. For an associated person who has just reached his or her 6th anniversary as a registered rep, in how many years will they be required to perform the regulatory element CE testing?

In the course of opening a new margin account, an individual customer is required to sign a number of documents provided by the member firm. Choose from the below which documents, if any, require the customer’s signature.

I.    Loan consent agreement

II.   Hypothecation agreement

III.  Credit agreement

Mr. Woods, an existing cash account customer of yours, has spoken with you regarding his travel plans for the upcoming 3 months. He’s indicated he does not want to receive the regular monthly customer statements and confirmations of transactions while he’s out of town for this extended period of time. As his registered rep, you inform Mr. Woods:

Each of the below will have no impact upon the NAV per share of an open-end management investment company with the exception of:

As a financial advisor, your client has asked which form of business enterprise would provide limited liability and not be subject to internal revenue code taxation. Though you point out to the client that you are neither an attorney nor an accountant, you could inform the client that each of the below generally satisfy those conditions except:

A United States Treasury Note with a $5,000 par value is quoted 106.10 – 106.15. A customer sell order would be executed, disregarding commissions, at which of the following prices assuming no change in the quote?

In accordance with the latest FINRA rules, under what circumstances may associated persons buy common shares of an IPO on the offering in their own account?

SEC Rule 15c2-1 mandates that the maximum rehypothecation permissible by a member firm is:

Which of the below investments trades on an exchange at a price which is unrelated to its underlying value?