Series 66: Efficient Market Hypothesis

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Efficient Market Hypothesis...

a hypothesis under modern portfolio theory that investors may not be able to earn returns superior to the market due to the quickness with which new information about securities is integrated.

Since you're reading about Series 66: Efficient Market Hypothesis, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!