Review Topics
Practice Exams
What kind of shoes do preppy buffalo favor? BUFFALOAFERS.


During his lunch break, Eddie continued reading from the handouts.

When an investment advisory firm has physical possession of a client's assets, including cash, funds, or other types of investment securities, they are said to have custody of client assets. Custody of assets is almost always handled by a bank or trust company, basically because it's a huge headache due to stringent recordkeeping and minimum net capital requirements.

The Uniform Securities Act states, "It is unlawful for any...

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

Next: Discretion  
  Prev: Disclosure of Compensation