Series 66 - T's

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Series 66 - T's
2014-02-24 14:50:06
Series 66

Series 66 definitions and terms
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  1. ____  ___ attempt to recognize a trend and determine when the direction is changing by plotting individual items of information, or by using moving averages. Belief that values of securities are primarily the result of supply and demand in the market.
    Technical Analysis
  2. The purpose of this 1991 Federal Act is to protect residential telephone customers from receiving unwanted telephone solicitations. Telephone solicitations may be placed by brokers only between 8:00 am to 9:00 pm local time of the called party.
    Telephone Consumer Protection Act
  3. Each owner owns a specified percentage or fractional interest in the account. In the event of the death of one of the owners, the heirs of
    the deceased inherit his share.
    Tenants in Common
  4. Securities are said to be traded in the "___  ____" when they are listed on the New York or other national securities exchange, but are traded over-the-counter.
    Third Market
  5. A measure of all municipal securities offerings which are scheduled to come into the marketplace in the next 30 calendar days. Published in the Daily Bond Buyer.
    Thirty-Day Visible Supply
  6. The remaining time an option has until expiration is reflected in the premium. The longer the time period remaining until the option expires, the higher the premium.
    Time Value
  7. Used to publicize new issues. They identify the security, state the price, and indicate by whom orders will be executed and from whom an offering prospectus may be obtained.
    Tombstone Ad
  8. Return on investment including capital appreciation, dividends. An investor may have a 6% capital gain and 3% in dividends for a ___ ____ of 9%. An investor seeking dividends and capital gains is investing for ___ ____.
    Total Return
  9. The date on which a securities transaction occurs between two parties.
    Trade Date
  10. Bonds trade without accrued interest are said to be "___ ____". Income bonds normally trade "___".
    Trading Flat
  11. Records the number of shares purchased and the name of the new owner in the corporate books.
    Transfer Agent
  12. Securities issued by the U.S. Treasury which include Treasury Bills, Cash Management Bills, Treasury Bonds, Flower Bonds, Series EE, and Series HH bonds.
    Treasury Securities
  13. Stock which a corporation issued to the public but has repurchased. It is considered to be issued, but not outstanding. It cannot vote or share in dividends and is not considered to be an asset of the company.
    Treasury Stock
  14. Generally means a person that holds title to property for the benefit of another person (beneficiary).
  15. The main types of mutual funds offered to investors include
    diversified common stock funds, income funds, specialized or sector funds, balanced funds, bond funds, municipal bond fund, US Government Securities funds, hedge funds, dual purpose funds, money market funds, and international funds.
  16. Unsystematic Risks
    • Business Riks or Credit Risk
    • Regulatory Risk
    • Liquidity Risk
    • Political Risk
    • Competitive Risk
  17. Types of Municipal Bonds
    • general obligation bonds
    • revenue bonds
    • special tax bonds
    • new housing authority bonds
    • moral obligation bonds
  18. Systematic Risks
    • Market Risk
    • Interest Rate Risk
    • Reinvestment Risk
    • Inflation Risk or Purchasing Power Risk