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29 Cards in this Set
- Front
- Back
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To impose max sales charge firm must offer |
Breakpoints Letter of intent Rights of accumulation |
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Ex date set by |
FINRA |
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Bond Trust Indenture |
Protective and restrictive covenants |
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Circuit breakers |
7%- 15 min close 13%- 15 more min close 20%- close for rest of day |
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Call provisions |
Exercised when interest rates drop |
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Income bonds |
Interest payments depend on profitability of company Restructuring after bankruptcy |
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Nominal quotes |
Approximate Must be identified
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Minimum market risk |
Short term bonds |
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Assets - Liabilities MF |
Net Asset Value NAV |
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Regulation NMS |
Market centers accept automated execution Cannot discriminate |
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REIT |
Similar to closed end shares Represent undivided interest Dividends subject to normal tax rate |
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Ex date for stock split |
1 business day after payable date |
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Private equity investments |
VC funds BDC |
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Orders reduced in ex date |
Orders below current market Buy Limit Sell Stop |
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Agency quotes |
1/32nds 30/360 |
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Govt quotes |
1/32nds Actual/actual |
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Collection ratio |
Used to analyze GO bonds ONLY |
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Principal repayment CMO |
Varying dollar amount each month |
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Failed auction rate security |
Lack of bids Clearing rate below bid rate |
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Repurchase agreement |
Government dealer SELLS |
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ACT |
Network c/ NASDAQ tape |
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Redeem shares |
Must be paid in 7 calendar days |
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DMM “Stops stock” |
Guarantees price for short time |
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QUBES/QQQ |
ETF Nasdaq 100 index |
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Special assessment |
Tax on area benefiting from project |
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Reclamation |
Return securities after they have been accepted “Bad” securities |
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Capital Appreciation Bond CAB |
Municipal zero coupon bond Discounted amount applied to debt limit |
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Variable annuity is a... |
Participating unit investment trust |
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Super Display Book |
NYSE |
