Finance | Senioritis

Adam Park
June 21, 2023
Finance

FINRA Rules: Understanding Maximum Sales Charge on Mutual Fund Purchases

Under FINRA rules, the maximum sales charge that may be imposed on a mutual fund purchase is:A6% of the amount investedB7% of the amount investedC8 1/2% of...

Adam Park
June 21, 2023
Finance

Master Your IRA Contributions: A Guide to Limits, Options, and Tax Implications for a Secure Retirement

Individual Retirement Account contributions can be made with: Cash Individual Retirement Account (IRA) contributions can be made with cash, check, or electronic transfer. Some IRA custodians also...

Adam Park
June 21, 2023
Finance

Understanding the Eurodollar Interest Rate: A Guide to Global Banking Yield and Risk.

The interest rate paid on Eurodollar deposits is: LIBOR The interest rate paid on Eurodollar deposits is the rate at which banks borrow and lend US dollars...

Adam Park
June 21, 2023
Finance

Insider Trading Fines: Understanding the Legal Penalties and Treasury Contributions

Fines assessed for convictions involving violations of insider trading laws are paid to the: Department of Treasury Fines assessed for convictions involving violations of insider trading laws...

Adam Park
June 21, 2023
Finance

The Role of Compensation in Aligning Hedge Fund Manager and Investor Interests

The manager of an unregistered hedge fund is typically compensated by a fee based on a: percentage of assets under management plus a percentage of profits The...

Adam Park
June 21, 2023
Finance

Keogh Plan Distribution Rules: What You Need to Know for Retirement as a Self-Employed Individual or Small Business Owner

Under Keogh rules, distributions from a Keogh Plan must commence the year after the individual turns age: 72 The Keogh Plan, also known as the HR-10 Plan,...

Adam Park
June 21, 2023
Finance

Maximizing Returns: The Benefits of Buying Put Contracts for Effective Risk Management and Investment Strategies

A customer would buy put contracts because the customer: is bearish on the underlying security A customer would buy put contracts if they believe that the price...

Adam Park
June 21, 2023
Finance

Understanding the Prepayment Risk of Mortgage-Backed Pass-Through Securities

What risk is unique to holders of mortgage backed pass through securities? Prepayment Risk Mortgage-backed pass-through securities are financial instruments that represent ownership in a pool of...