Free Version

Dashboard
Review Topics
Quizzes
Practice Exams
Flashcards
Vocabulary
If you get a question about Star Wars, remember, it's HAN Solo, not HANS Solo. He gets that all the time.

Federal Covered Advisors

Federal Covered Advisors

Who’s that hot chick over there in the sunglasses looking so free-and-easy? Her, oh, she’s a federal covered advisor. Wow, quick, tell me what that means?

That means that by the power invested in the National Securities Markets Improvement Act of 1996, she registers with the SEC, not the state. But she still has to file a Form ADV with the state and note that she is choosing to register with the SEC.

She doesn’t have to register with the state? What, she must be cool. I’m gonna get her digi...

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: Investment Adviser Representatives of Federal Covered Advisers…Gypped x 2
Prev: AHHHH! Exemptions

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