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111 Cards in this Set
- Front
- Back
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Minimum offering price permitted under registration by notification
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$5
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Exclusion under the brochure rule granted for persons delivering services costing less than $___________
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$200
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Threshold for providing balance sheet under ADV "
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$500 (pre-paid fees)
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Threshold for reporting wire transfers under the Bank Secrecy Act above $_________
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$3,000
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Maximum criminal fine under the USA
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$5,000
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Maximum fine under Investment Advisers Act and 33 Act
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$10,000
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Threshold for filing a CTR for cash transactions above $__________ under the Bank Secrecy Act
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$10,000
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Minimum net worth requirement for advisers who do not have custody of client assets but maintain discretionary authority
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$35,000
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Minimum assets for registered investment companies under the Investment Company Act
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$100,000
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The minimum income for a single investor to be considered accredited under the Regulation D exemption.
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$200,000
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Minimum income for joint investors to be considered accredited under a Regulation D exemption
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$300,000
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Minimum assets under management to meet the definition of a "qualified client" (charging of performance fees)
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$750,000
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Minimum net worth for an accredited investor under a Regulation 0 exemption
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$1 million
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Individual Penalty for insider trading ('34 Act)
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$5 million
(Individual) |
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Corporate Penalty for insider trading ('34 Act)
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$25 million
(Corporation) |
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Minimum net worth to meet the definition of a "qualified clienf' (charging of performance fees)
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$1.5 million
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IA subject to either federal or state registration
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Below $25 million (assets)
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IA subject to either federal or state registration
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Between $25 to $30 million (assets)
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Mandatory filing with SEC as a federal covered adviser
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$30 million or greater (assets)
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Minimum asset threshold for pension consultants to fall under SEC jurisdiction
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$50 million
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- Minimum time for brochure delivery
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48 hours (prior to entering a contract)
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Time for insiders filing changes in ownership status with the SEC
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2 business days
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Cancellation period for those receiving brochure at contract initiation
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5 business days
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Minimum time for federal documents to have been on file under registration by notification
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5 days
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Time for delivery under the brochure rule (when requested)
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7 days
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Minimum time for federal documents to have been on file under registration by coordination
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10 days
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- Time for filing Form 13D
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10 days
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- Time for reporting new status as an insider
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10 days
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Grace period under the USA for filing with the state as an agent when the client is a new resident customer
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10 business days
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Grace period under the USA for using discretion without written authority
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10 business days
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Maximum time for the Administrator to provide a hearing if an applicants registration has been suspended or postponed
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15 days
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Length of the SEC cooling off period
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20 days
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Maximum period permitted for client acceptance of a letter of rescission
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30 days
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Effective date for all period
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30 days after filing
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Time for Administrator's approval of applicant's registration
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30 days (at noon)
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Time for filing amendments to ADV II
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30 days
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Effective period for registration withdrawal
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30 days
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Grace period for firm/agent registration when a client visits a new state
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30 days
|
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SEC time for granting IA registration or instituting proceedings
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45 days
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Time from the end of the calendar year for amending Schedule 13G
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45 days
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Grace period for agent registration when a client moves to a new state
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60 days
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Maximum time for appeals under the USA
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60 days
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Maximum time for appeals under an SEC violation
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60 Days
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Time for completion of an I RA rollover
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60 days
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Duration of the wash sale window
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61 days
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Grace period for former federal covered lAs to register with staters) (using Form ADV-W)
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90 days
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Time schedule for federal covered adviser to file Form ADV nonmaterial updates with the SEC
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90 days (of fiscal year end)
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Time for an IC to deliver financial reports to shareholders
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Semiannually
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Time for an IC to deliver financial reports to the SEC
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Annually
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Lock-up period for those who sign an investment letter under Regulation D
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1 Year
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Records must be easily accessible under SEC rules
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2 Years
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Record-keeping requirement for broker-dealers under SEC rules
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3 Years
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Maximum prison sentence under the USA
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3 years
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Time for records to be kept upon termination of a business
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3 years
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Statute of limitations for civil actions under USA--- (From the date on which the advice was given or the transaction was executed, or within two years of discovery)
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3 years
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Statute of limitations for criminal acts under the USA
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5 Years
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Statute of limitations under ITSFEA
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5 Years
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Record-keeping requirement for lAs under federal and state law
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5 years
|
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Maximum jail time for violations of Federal Securities Acts
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5 years
|
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Time for reporting felony or misdemeanor convictions when registering
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10 years
|
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Time for partner's/officer's/director's history under Form ADV Part
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10 years
|
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Maximum sentence for violation of the Investment Advisers Act
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10 years
|
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Maximum sentence for insider trading
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20 years
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- Expiration date for all registrations under the USA
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December 31
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Minimum number of market makers required for an issuer seeking registration by notification
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4
|
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Maximum number of noninstitutional clients under the de minimis exception (USA) for registration of lAs
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5
|
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Maximum number of retail investors permitted in a private placement within a 12 consecutive month period (USA)
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10
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Clients in 12 consecutive months - Private adviser exception under IA 1940
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15
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Maximum numbers of nonaccredited investors permitted under Regulation D
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35
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Maximum number of shareholders under S Corporation
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100
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Minimum number of shareholders required of an issuer seeking registration by notification
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500
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Maximum 12b-1 fee permitted to be levied by a no-load fund
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.25%
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Equity ownership threshold for filing Form 13D under the '34 Act
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5%
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Equity ownership threshold for being deemed an affiliate under the Investment Company Act
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5%
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Maximum underwriting compensation permitted under registration by notification
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10%
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Equity ownership threshold for insider status under the '34 Act
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10%
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Rate of federal taxation on long-term capital gains
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15%
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Equity ownership (voting stock) threshold for being considered a control person under the Investment Company Act
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25%
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Minimum measurement for various issuer tests under Rule 147
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80%
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In-state purchasers under Rule 147
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100%
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Standard IRA Max Contribution
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$5,000 (additional $1,000 catch up at age 50 or above)
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Roth IRA Max Contribution
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$5,000 (additional $1,000 catch up at age 50 or above)
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401k Max Contribution
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$15,500 ($5,000 catch up)
|
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403b Max Contribution
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$15,500 ($5,000 catch up)
|
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457 Max Contribution
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$15,500 ($5,000 catch up)
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Coverdell Max Contribution
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$2,000
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Section 529 Plan Max Contribution
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$12,000 per Contributor
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KEOGH/SEP IRA max Contribution
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$46,000
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Who may open a Standard IRA
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Anyone with earned Income
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Who May open a Roth IRA
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Anyone with earned income
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Who may open 401K
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For-Profit worker
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Who may open a 403b
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Nonprofit worker
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Who may open a Coverdell
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Anyone
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Section 529 Plan
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Anyone
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KEOGH/SEP IRA
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Self Employed
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Tax Status of Contributions of standard IRA
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Pre or post tax dollars depending on workers income level and status in a qualifiing plan.
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Tax Status of Contributions of Roth IRA
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Post Tax
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Tax Status of Contributions of 401k
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Pretax
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Tax Status of Contributions of 403b
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Pretax
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Tax Status of Contributions of 457
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pretax
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Tax Status of Contributions of Coverdell
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Pretax
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Tax Status of Contributions of Section 529 plans
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Pretax
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Tax Status of Contributions of KEOGH
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Pretax
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Tax Status of distibutions from Standard IRA
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Earnings=Taxable
Pretax Contributions=Taxable Post-tax contributions=Tax-free |
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Tax Status of distibutions from Roth IRA
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Contributions=Taxfree
Earnings may be tax free if the distribution is qualified |
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Tax Status of distibutions from 401k
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Totally taxable 0 cost basis
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Tax Status of distibutions from 403b
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totally taxable; 0 cost basis
|
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Tax Status of distibutions from 457
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Totally taxable 0 cost basis
|
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Tax Status of distibutions from coverdell
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Contributions=Taxfree
Earnings may be tax free if the distribution is qualified |
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Tax Status of distibutions from Section 529
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Contributions=Taxfree
Earnings may be tax free if the distribution is qualified |
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Tax Status of distibutions from KEOGH/SEP IRA
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Totally taxable
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