Conflicts of Interest - Introduction

Both the Investment Advisers Act of 1940 and the Uniform Securities Act spell out a number of potential conflicts of interest and unethical behaviors. Excessive Trading and Insider Trading


Related Articles
  1. Professionals

    Introduction

    FINRA/NASAA Series 65 - Conflicts of Interest. This section introduces conflicts of interest.
  2. Professionals

    Introduction

    FINRA/NASAA Series 65 - Client Communication and Compensation. This section introduces client communiction and compensation.
  3. Professionals

    Series 66 Exam Prep: The Uniform Securities Act

    Before you take the series 66, you need to understand the Uniform Securities Act and the Blue Sky Laws.
  4. Savings

    Question the Funds Picked By Your Financial Advisor

    Learn the importance of having a financial adviser whom you can trust and why questioning the funds he selects is part of that process.
  5. Professionals

    State Registered Investment Advisers

    FINRA/NASAA Series 65 - State Registered Investment Advisers. In this section registering with the state and exclusions.
  6. Mutual Funds & ETFs

    Introduction

    Introduction
  7. Professionals

    Introduction

    Introduction
  8. Professionals

    Who Must Register As An Investment Adviser?

    FINRA/NASAA Series 65 - Who must register as an investment adviser?
  9. Professionals

    State Registration Process

    FINRA/NASAA Series 65 - State Registration Process
  10. Professionals

    The Administrator

    North American Securities Administrators Association (NASAA) As the name indicates, NASAA is an organization of securities Administrators. The term "Administrator" is a generic title ...
RELATED TERMS
  1. Uniform Securities Act

    An act created as a starting point for state-level securities ...
  2. State Administrator

    The government agency or official who oversees and enforces state-level ...
  3. Investment Company Act Of 1940

    Created in 1940 through an act of Congress, this piece of legislation ...
  4. Investment Advisers Act of 194 ...

    A piece of legislation passed in 1940 that, among other things, ...
  5. Series 65

    A securities license required by most U.S. states for individuals ...
  6. Uniform Simultaneous Death Act ...

    A law used to determine the inheritance when more than one death ...
RELATED FAQS
  1. All of the following are unethical behaviors prohibited under the Uniform Securities ...

    The correct answer is b. All registrants must follow the client’s instructions, including executing a trade that the registrant ... Read Answer >>
  2. Under the Uniform Securities Act, which of the following advisers is NOT defined ...

    The correct answer is b). Federal covered advisers include those who manage client assets of $25,000,000 or more or who advises ... Read Answer >>
  3. Under the Uniform Securities Act, the registration of an investment adviser results ...

    The correct answer is b. Clerical employees do not need to be registered as investment adviser representatives, while solicitors, ... Read Answer >>
  4. Under the Uniform Securities Act, registration requirements for an investment adviser ...

    The correct answer is a) Investment advisor representatives do not need to include a minimum amount of net capital since ... Read Answer >>
  5. Under the Uniform Securities Act, federal covered securities include those sold ...

    The correct answer is b. Qualified purchasers are defined under the Uniform Securities Act as either a person who owns at ... Read Answer >>
  6. Under the Uniform Securities Act, federal covered securities include those sold ...

    The correct answer is b. Qualified purchasers are defined under the Uniform Securities Act as either a person who owns at ... Read Answer >>
Hot Definitions
  1. Goodwill

    An account that can be found in the assets portion of a company's balance sheet. Goodwill can often arise when one company ...
  2. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  3. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  4. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  5. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center