STC Greenlight Study guides, Class notes & Summaries

STC GREENLIGHT EXAM 2 WITH CORRECT ANSWERS AND CORRECT RATIONALES 2024

STC GREENLIGHT EXAM 2 WITH CORRECT ANSWERS AND CORRECT RATIONALES 2024 1. Which of the following statements is TRUE concerning member firms' suitability requirements for institutional investors? Institutional investors are exempt from SRO suitability requirements The SRO suitability requirements apply unless the account is defined as a Qualified Institutional Buyer The suitability requirements are more stringent than those of retail accounts The suitability requirements are less string...

An individual has annuitized her variable annuity contract and has begun receiving payments. She decides she would rather start a withdrawal program, no longer annuitizing the contract. As her registered representative, you may inform her that: She may make this change without restriction Once annuitized, she may no longer make a change Once annuitized, she may change only the settlement option She is limitied to a 1035 exchange - Answer- Once a variable annuity has been annuitized, change...