Suggested Notecards
What is the basic definition of a broker?
What is the basic definition of a dealer?
What does “effect transactions” mean?
Who is excepted from the definition of a broker-dealer?
What is an agent of a broker-dealer?
What is the basic definition of an issuer?
What are the six general categories of institutional investors?
How does a customer’s state of residence affect the need to register as a broker-dealer?
What are the rules regarding customers for a broker-dealer to avoid state registration?
When may Canadian broker-dealers use a limited registration?
A broker-dealer may only register at the state level if what requirement is met?
When do registrations typically become effective?
When do registrations typically expire?
What are the most common post-regi