Series 66 Test Specifications Sheet (Page 6 of 6) in pdf

Series 66 Test Specifications Sheet Page 6

Series 66 Test Specifications

3. other penalties and liabilities

G. Communication with Clients/Customers and Prospects (11)

1. disclosures

2. unlawful representations concerning registrations

3. performance guarantees

4. client contracts and customer agreements

5. correspondence and advertising (e.g., social media, email, website)

H. Ethical Practices and Fiduciary Obligations (14)

1. compensation (e.g. fees; commissions; performance based fees; soft dollars;

disclosure of compensation)

2. client/customer funds and securities (e.g. custody; discretion; trading

authorization; prudent investor standards; suitability, antimoney laundering

(AML))

3. custody conditions and obligations

4. conflicts of interest, criminal activities, fiduciary and other ethical

considerations (e.g.; loans to and from clients/customers; sharing in profits and

losses in a customer account; client confidentiality; insider trading; selling away;

market manipulation; personal securities transactions; outside securities accounts;

initial holdings and quarterly reports; political contribution; due diligence;

excessive trading)

5. cyber security, privacy, and data protection

Series 66 Test Specifications Sheet Page 6