Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
The proctors just offered me a position as a time-limit enforcer. I'm thinking about taking the job: if you mess with the buffalo, you'll get the horns...LITERALLY.

More FINRA Rules: Buying, Selling, Procedure, etc.

Dashboard > Opening and Servicing Customer Accounts a la Marge > More FINRA Rules: Buying, Selling, Procedure, etc.

More FINRA Rules: Buying, Selling, Procedure, etc.

FINRA Rule, Selling Dividends

Pushing a client to buy a security in order to receive the next dividend is a big no-no in the securities industry. Just know that it’s never a good idea. There’s also a nifty bit of legal language on every prospectus that reads: “On the ex-dividend date for a distribution, a fund’s share price is reduced by the amount of the distribution. If you buy shares just before the ex-dividend date, in effect, you ‘buy the dividend.’ You will pay the full price for the sha...

Looking for more? Why is this annoying box in the way? It's because you haven't paid for the course yet!

$63.63
Next: FINRA Code of Arbitration Procedure
Prev: FINRA Rules o' Plenty

*Securities is a registered trademark of the College Board, which was not involved in the production of, and does not endorse this product.