WILEY SERIES 66 EXAM REVIEW 2013 -- Contents -- About the Series 66 Exam -- About This Book -- About the Test Bank -- About The Securities Institute of America -- CHAPTER 1 Definition of Terms -- SECURITY -- PERSON -- BROKER DEALER -- AGENT -- ISSUER -- NONISSUER -- INVESTMENT ADVISER -- PENSION CONSULTANTS -- FORM ADV -- INVESTMENT ADVISER REPRESENTATIVE -- SOLICITOR -- INSTITUTIONAL INVESTOR -- ACCREDITED INVESTOR -- QUALIFIED PURCHASER -- PRIVATE INVESTMENT COMPANY -- OFFER/OFFER TO SELL/OFFER TO BUY -- SALE/SELL -- GUARANTEE/GUARANTEED -- CONTUMACY -- FEDERALLY COVERED EXEMPTION -- OPTION CONTRACTS -- CALL OPTIONS -- PUT OPTIONS -- FUTURES AND FORWARDS -- SECONDARY MARKET ORDERS -- MARKET ORDERS -- BUY LIMIT ORDERS -- SELL LIMIT ORDERS -- STOP ORDERS/STOP LOSS ORDERS -- BUY STOP ORDERS -- SELL STOP ORDERS -- CHAPTER 1 Pretest -- DEFINITION OF TERMS -- CHAPTER 2 Securities Industry Rules and Regulations -- THE SECURITIES ACT OF 1933 -- THE PROSPECTUS -- THE FINAL PROSPECTUS -- SEC DISCLAIMER -- MISREPRESENTATIONS -- THE SECURITIES EXCHANGE ACT OF 1934 -- THE SECURITIES AND EXCHANGE COMMISSION (SEC) -- EXTENSION OF CREDIT -- PUBLIC UTILITIES HOLDING COMPANY ACT OF 1935 -- FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA) -- THE TRUST INDENTURE ACT OF 1939 -- INVESTMENT ADVISERS ACT OF 1940 -- INVESTMENT COMPANY ACT OF 1940 -- RETAIL COMMUNICATIONS/COMMUNICATIONS WITH THE PUBLIC -- FINRA RULE 2210 COMMUNICATIONS WITH THE PUBLIC -- RETAIL COMMUNICATION -- INSTITUTIONAL COMMUNICATIONS -- CORRESPONDENCE -- BLIND RECRUITING ADS -- GENERIC ADVERTISING -- TOMBSTONE ADS -- TESTIMONIALS -- FREE SERVICES -- MISLEADING COMMUNICATIONS -- SECURITIES INVESTOR PROTECTION CORPORATION ACT OF 1970 (SIPC) -- NET CAPITAL REQUIREMENT -- CUSTOMER COVERAGE -- FIDELITY BOND -- THE SECURITIES ACTS AMENDMENTS OF 1975.

THE INSIDER TRADING AND SECURITIES FRAUD ENFORCEMENT ACT OF 1988 -- FIREWALL -- THE TELEPHONE CONSUMER PROTECTION ACT OF 1991 -- EXEMPTION FROM THE TELEPHONE CONSUMER PROTECTION ACT OF 1991 -- NATIONAL SECURITIES MARKET IMPROVEMENT ACT OF 1996 -- THE UNIFORM SECURITIES ACT -- CHAPTER 2 Pretest -- SECURITIES INDUSTRY RULES AND REGULATIONS -- CHAPTER 3 Customer Recommendations, Professional Conduct, and Taxation -- PROFESSIONAL CONDUCT BY INVESTMENT ADVISERS -- THE UNIFORM PRUDENT INVESTORS ACT OF 1994 -- FAIR DEALINGS WITH CLIENTS -- CHURNING -- MANIPULATIVE AND DECEPTIVE DEVICES -- CUSTOMER COMPLAINTS -- UNAUTHORIZED TRADING -- FRAUD -- BLANKET RECOMMENDATIONS -- SELLING DIVIDENDS -- MISREPRESENTATIONS -- OMITTING MATERIAL FACTS -- GUARANTEES -- RECOMMENDING MUTUAL FUNDS -- PERIODIC PAYMENT PLANS -- DISCLOSURE OF CLIENT INFORMATION -- BORROWING AND LENDING MONEY -- DEVELOPING THE CLIENT PROFILE -- TYPES OF ADVISORY CLIENTS -- INVESTMENT OBJECTIVES -- INCOME -- GROWTH -- PRESERVATION OF CAPITAL -- TAX BENEFITS -- LIQUIDITY -- SPECULATION -- RISK VS. REWARD -- CAPITAL RISK -- MARKET RISK -- NONSYSTEMATIC RISK -- LEGISLATIVE RISK -- TIMING RISK -- CREDIT RISK -- REINVESTMENT RISK -- INTEREST RATE RISK -- CALL RISK -- OPPORTUNITY RISK -- LIQUIDITY RISK -- ALPHA -- BETA -- CAPITAL ASSET PRICING MODEL (CAPM) -- EFFICIENT MARKET THEORY -- EXPECTED RETURN -- TIME VALUE OF MONEY -- NET PRESENT VALUE -- INTERNAL RATE OF RETURN -- MODERN PORTFOLIO THEORY -- FUNDAMENTAL ANALYSIS -- THE BALANCE SHEET -- CAPITALIZATION -- TAX STRUCTURE -- INVESTMENT TAXATION -- CALCULATING GAINS AND LOSSES -- COST BASE OF MULTIPLE PURCHASES -- FIFO -- SHARE IDENTIFICATION -- AVERAGE COST -- DEDUCTING CAPITAL LOSSES -- WASH SALES -- TAXATION OF INTEREST INCOME -- INHERITED AND GIFTED SECURITIES -- DONATING SECURITIES TO CHARITY -- TRUSTS -- GIFT TAXES -- ESTATE TAXES.

WITHHOLDING TAX -- CORPORATE DIVIDEND EXCLUSION -- ALTERNATIVE MINIMUM TAX (AMT) -- TAXES ON FOREIGN SECURITIES -- CHAPTER 3 Pretest -- CUSTOMER RECOMMENDATIONS AND PROFESSIONAL CONDUCT AND TAXATION -- CHAPTER 4 Variable Annuities and Retirement Plans -- ANNUITIES -- FIXED ANNUITY -- VARIABLE ANNUITY -- COMBINATION ANNUITY -- BONUS ANNUITY -- EQUITY-INDEXED ANNUITIES -- ANNUITY PURCHASE OPTIONS -- SINGLE-PAYMENT DEFERRED ANNUITY -- SINGLE-PAYMENT IMMEDIATE ANNUITY -- PERIODIC-PAYMENT DEFERRED ANNUITY -- ACCUMULATION UNITS -- ANNUITY UNITS -- ANNUITY PAYOUT OPTIONS -- LIFE ONLY/STRAIGHT LIFE -- LIFE WITH PERIOD CERTAIN -- JOINT WITH LAST SURVIVOR -- FACTORS AFFECTING THE SIZE OF THE ANNUITY PAYMENT -- THE ASSUMED INTEREST RATE (AIR) -- TAXATION -- SALES CHARGES -- VARIABLE ANNUITY VS. MUTUAL FUND -- RETIREMENT PLANS -- INDIVIDUAL PLANS -- INDIVIDUAL RETIREMENT ACCOUNTS (IRAS) -- TRADITIONAL IRA -- ROTH IRA -- SIMPLIFIED EMPLOYEE PENSION IRA (SEP IRA) -- 529 PLANS -- IRA CONTRIBUTIONS -- IRA ACCOUNTS -- IRA INVESTMENTS -- IT IS UNWISE TO PUT A MUNICIPAL BOND IN AN IRA -- ROLLOVER VS. TRANSFER -- ROLLOVER -- TRANSFER -- KEOGH PLANS (HR-10) -- CONTRIBUTIONS -- TAX-SHELTERED ANNUITIES/TAX-DEFERRED ACCOUNT -- PUBLIC EDUCATIONAL INSTITUTIONS (403B) -- NONPROFIT ORGANIZATIONS/TAX-EXEMPT ORGANIZATIONS (501C3) -- CONTRIBUTIONS -- TAX TREATMENT OF DISTRIBUTIONS -- CORPORATE PLANS -- NON-QUALIFIED CORPORATE RETIREMENT PLANS -- PAYROLL DEDUCTIONS -- DEFERRED COMPENSATION PLANS -- QUALIFIED PLANS -- TYPES OF PLANS -- DEFINED BENEFIT PLAN -- DEFINED CONTRIBUTION PLAN -- EMPLOYEE STOCK OWNERSHIP PLANS/ESOP -- PROFIT SHARING PLANS -- 401(K) THRIFT PLANS -- ROLLING OVER A PENSION PLAN -- EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974 (ERISA) -- PLAN PARTICIPATION -- FUNDING -- VESTING -- COMMUNICATION -- BENEFICIARIES -- ERISA 404C SAFE HARBOR -- CHAPTER 4 Pretest.

VARIABLE ANNUITIES AND RETIREMENT PLANS -- CHAPTER 5 Registration of Broker Dealers, Investment Advisers, and Agents -- REGISTRATION OF BROKER DEALERS -- FINANCIAL REQUIREMENTS -- AGENT REGISTRATION -- REGISTERING AGENTS -- CHANGES IN AN AGENT'S EMPLOYMENT -- MERGERS AND ACQUISITIONS OF FIRMS -- RENEWING REGISTRATIONS -- CANADIAN FIRMS AND AGENTS -- INVESTMENT ADVISER STATE REGISTRATION -- THE NATIONAL SECURITIES MARKET IMPROVEMENT ACT OF 1996 (THE COORDINATION ACT) -- INVESTMENT ADVISER REPRESENTATIVE -- STATE INVESTMENT ADVISER REGISTRATION -- CAPITAL REQUIREMENTS -- EXAMS -- ADVERTISING AND SALES LITERATURE -- BROCHURE DELIVERY -- THE ROLE OF THE INVESTMENT ADVISER -- ADDITIONAL COMPENSATION FOR AN INVESTMENT ADVISER -- AGENCY CROSS TRANSACTIONS -- DISCLOSURES BY AN INVESTMENT ADVISER -- INVESTMENT ADVISER CONTRACTS -- ADDITIONAL ROLES OF INVESTMENT ADVISERS -- PRIVATE INVESTMENT COMPANIES/HEDGE FUNDS -- FULCRUM FEES -- WRAP ACCOUNTS -- SOFT DOLLARS -- CHAPTER 5 Pretest -- REGISTRATION OF BROKER DEALERS, INVESTMENT ADVISERS, AND AGENTS -- CHAPTER 6 Securities Registration, Exempt Securities, and Exempt Transactions -- EXEMPT SECURITIES -- SECURITIES REGISTRATION -- REGISTRATION OF IPOs THROUGH COORDINATION -- REGISTRATION THROUGH NOTICE FILING -- REGISTRATION OF NONESTABLISHED ISSUERS/ REGISTRATION THROUGH QUALIFICATION -- EXEMPT SECURITIES/FEDERALLY COVERED EXEMPTION -- EXEMPT TRANSACTIONS -- PRIVATE PLACEMENTS/ REGULATION D OFFERINGS -- RULE 147 INTRASTATE OFFERING -- REGULATION A OFFERINGS -- TRANSACTIONS WITH FINANCIAL INSTITUTIONS -- TRANSACTIONS WITH FIDUCIARIES -- TRANSACTIONS WITH UNDERWRITERS -- UNSOLICITED ORDERS -- TRANSACTIONS IN MORTGAGE-BACKED SECURITIES -- PLEDGES -- OFFERS TO EXISTING SECURITIES HOLDERS -- PREORGANIZATION CERTIFICATES -- ISOLATED NONISSUER TRANSACTIONS -- NONISSUER TRANSACTIONS -- CHAPTER 6 Pretest.

SECURITIES REGISTRATION, EXEMPT SECURITIES, AND EXEMPT TRANSACTIONS -- CHAPTER 7 State Securities Administrators and the Uniform Securities Act -- ACTIONS BY THE STATE SECURITIES ADMINISTRATOR -- CANCELLATION OF A REGISTRATION -- WITHDRAWAL OF A REGISTRATION -- ACTIONS AGAINST AN ISSUER OF SECURITIES -- RULE CHANGES -- ADMINISTRATIVE ORDERS -- INTERPRETIVE OPINIONS -- ADMINISTRATIVE RECORDS -- INVESTIGATIONS -- CIVIL AND CRIMINAL PENALTIES -- JURISDICTION OF THE STATE SECURITIES ADMINISTRATOR -- ADMINISTRATOR'S JURISDICTION OVER SECURITIES TRANSACTIONS -- RIGHT OF RESCISSION -- STATUTE OF LIMITATIONS -- CHAPTER 7 Pretest -- STATE SECURITIES ADMINISTRATORS AND THE UNIFORM SECURITIES ACT -- Answer Keys -- Glossary of Exam Terms -- Index -- Advert -- Access code.