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Series 22 Exam: Direct Participation Limited Representative
An exam administered by the Financial Industry Regulatory Authority (FINRA)(previously the National Association of Securities Dealers (NASD)). Successful completion will qualify a registered individual to deal various forms of Direct Participation Programs (DPPs) such as real estate, oil and gas, and limited partnerships.
| Time
Limit: |
2
hours and 15 minutes |
| Number
of Questions: |
100
questions |
| Passing
Score: |
70% |
| Format: |
Multiple
Choice |
| Examination Fee: |
$75 US as of August 2007. Note that this is the examination enrollment fee ONLY--other fees may also apply. Please visit the FINRA Registration/Exam Fee Schedule for more information. |
| Prerequisites: |
You must be sponsored by a financial company who is a member of FINRA, or a Self-Regulatory Organization (SRO). |
| Corequisites: |
N/A |
| Exam
Date(s): |
Any
weekday |
| Exam
Locations: |
Find
your U.S. or international exam center here |
| Official
Exam Website: |
http://www.finra.org |
For an in-depth breakdown of the above topics, refer to the PDF
study outline provided by the FINRA here
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| What are the pros/cons of naming a trust as the beneficiary of a retirement account? (view answer) |
| | Which constitutional amendment made income tax legal? (view answer) |
| | Is it wise to consolidate credit card debt? (view answer) |
| | Should computer software be classified as an intangible asset or part of property, plant and equipment? (view answer) |
| | In a corporate liquidation, why are unpaid taxes and wages paid before general creditors but after secured bondholders? (view answer) |
| | The interest rate used to define the “risk-free” rate of return is the: (view answer) |
| | The interest rate used to define the “risk-free” rate of return is the: (view answer) |
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