SERIES 28
Series 28 is an examination under the Financial Industry Regulatory Authority (FINRA) to become licensed record-keepers or operations principals for broker or dealers or securities custodian that are members of FINRA. Series 28 was made to challenge the knowledge of test takers regarding the processes to record investment transactions, broker or dealer or custodian financial responsibilities, requirements of net capital, and investor rights under the Securities Investor Protection Act of 1970. The exam is composed of 95 questions with a passing grade of 70%.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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Featured Investment: Annuity
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| Time | Country | Indices | Period |
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
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| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
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| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
