Description
Covers SSPFPS-No.1 and the laws that govern the securities industry, the regulatory landscape, and the fiduciary duty of the financial planner.
Objectives
- Recognize who may provide personal financial planning services.
- Identify the how a personal financial planner is regulated.
- Select the securities Act known as the "truth in securities" law.
- Identify what constitutes compensation for a registered investment adviser.
- Recall the regulatory exclusion that exempts an adviser from registering as an investment adviser.
- Choose which government agency is tasked with the enforcement of the Securities Act of 1933.