Series 66: 9.3.6.2 Unauthorized Principal Transactions

Taken from our Series 66 Online Guide

9.3.6.2 Unauthorized Principal Transactions

While broker-dealers regularly sell their customers securities from their own inventory of securities (known as acting as a “principal”), it is far less common for an investment adviser to do the same thing. Since an investment adviser is not registered as a “dealer,” and recommending the purchase of securities out of its own inventory presents a conflict of interest, an investment adviser who eng

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: 9.3.6.2 Unauthorized Principal Transactions, you might also be interested in:

Series 82 - Acceptance, Waiver, and Consent

Series 79 - Gather the Necessary Business and Financial Information About Each Precedent Transaction

Series 14 - 1.3. Investment Company Act of 1940

Series 66 - 5.1.3 Alternative Minimum Tax

SIE - Exercise

Series 24 - Communications Guidelines: Pre-filing Period

Series 65 - Advertising

Series 82 - 1.1.1.2. Public Offerings Exempt from Registration: Rule 147 Intrastate Offerings

Series 66 - 9.3.6. Unethical Trading Practices

Series 24 - 2.2.1.4.3. Anti-Money Laundering Compliance Program

Series 24 - 5.9.2.2.2. Locking In

Series 65 - Exercise

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I successfully passed the series 66 test yesterday! I could honestly say it was one of the happiest days of my life! I want to personally thank the excellent staff at Solomon exam prep! They are so knowledgeable and when I asked questions, they always went over the top with explanations and even sometimes creating charts for me to break down the concept. I felt really well served by this group. If you are looking for a company to help you succeed, you have found it Within Solomon exam prep team!

Shirley Antonini. Schuylkill Haven, PA

The Solomon Series 66 prep material was very comprehensive and practice quizzes and exams helped a great deal to gauge my likelihood of passing the exam

Florence Isaac Chicago, IL

Karen- I passed the Series 66! I cannot even begin to say thank you enough times. I continue to be impressed and amazed by your program.

Sarah Boone, Wells Fargo, Atlanta, GA

Your Pass the 7 and Pass the 66 training manuals were really well written and the generous dose of sarcasm was excellent. I would recommend your materials to anyone who needs to take these exams.

Jacob Clevenstine, Strategic Wealth Management Group, Madison, WI

I actually took the test (Series 66) in November and passed! I purchased the book and bought access to the online tests and found both invaluable. The book provided a good basis for knowledge, and taking the tests over and over gave me the logic of what the test writers were seeking.

Erik Cooper, Dallas, TX

Thank You. Thank You. Thank You. Having the audio, video lectures (with the printable power-point!) and exam simulator in addition to the book really engages you in the material. It becomes a game! I passed the 66 with an 84%.

Colleen Shelly, PNC Investments, Cleveland, OH