What personal items am I allowed to bring with me into the CFA exam testing room?

July 8, 2024 No Comments

A: Aside from the required examination admission ticket, current valid international travel passport, approved calculator, and approved writing instruments, the CFA Institute states that you can also bring: Manual pencil sharpeners Erasers Loose calculator batteries (and a screwdriver for battery replacement if needed) Calculator cases and keystroke cards

What type of work experience can count towards the work experience required to obtain the CFA charter?

July 8, 2024 No Comments

A: CFA Institute provides a work experience self-assessment to help you determine whether or not your experience might qualify you to become a member. You must have spent at least 50% of your time utilizing financial data or supervising or teaching those who utilize financial data for

What incentives does an employer have in offering fringe benefits?

July 8, 2024 No Comments

A: More often than not, employers offer employees benefits above and beyond an agreed-upon wage or salary. In addition to a paycheck, employees receive compensation by way of fringe benefits. These company perks can include group life, health and disability insurance options; dependent care; tuition

What is a blackout period?

July 8, 2024 No Comments

A: A blackout period is a period of at least three consecutive business days, but not more than 60 days during which the majority of employees at a particular company are not allowed to make alterations to their retirement or investment plans. A blackout period

What is a rainmaker?

July 8, 2024 No Comments

A: A rainmaker is any person who brings clients, money, business or even intangible prestige to an organization based solely on his or her associations and contacts. Traditionally, the term “rainmaker” has been applied to members of the legal profession, like attorneys-turned-politicians who retired from

What is a trailing commission?

July 8, 2024 No Comments

A: Very simply, a trailing commission is money you pay an advisor each year that you own an investment. The purpose of the fee is to provide incentive for the advisor to review his clients’ holdings and to provide advice. But when it comes down

What is an IPO lock-up period and how long is it?

July 8, 2024 No Comments

A: An initial public offering (IPO) lock-up period is a contractual restriction that prevents insiders who are holding a company’s stock, before it goes public, from selling the stock for a period usually lasting 90 to 180 days after the company goes public. Insiders include

What is authorized stock?

July 8, 2024 No Comments

Authorized stock represents the maximum number of common shares that can be issued legally by the company as stated in the company’s charter. The number of authorized shares that is identified in the company’s charter often greatly exceeds the number of shares that is issued

What is real estate underwriting?

July 8, 2024 No Comments

A: When an individual or business entity seeks funding for a real estate project or purchase, the loan request is scrutinized by an underwriter to determine how much risk the lender is willing to accept. These types of underwriters are not to be confused with securities

What is the difference between a principle agent problem and moral hazard?

July 8, 2024 No Comments

A: Principal-agent problems and moral hazards are related in that one gives rise to the other. Principal-agent problems occur when the principal of an entity hires on a company or individual employee to complete designated tasks that have a tendency to solely benefit the principal

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