Podcast
Questions and Answers
What type of conflicts arise from the compensation structure of a product that may motivate the sale of that product?
What type of conflicts arise from the compensation structure of a product that may motivate the sale of that product?
- Compensation-Related Conflicts (correct)
- Proprietary Conflicts
- Structured Product Conflicts
- Deposit Product Conflicts
Which type of fee involves the product offering a higher commission rate or an ongoing stream of income over time?
Which type of fee involves the product offering a higher commission rate or an ongoing stream of income over time?
- Syndication Fees
- Referral Fees
- Performance Fees
- Trailing Commissions (correct)
What will be banned in all jurisdictions effective June 1, 2022?
What will be banned in all jurisdictions effective June 1, 2022?
- Managed Account/Fee-for-Service Fees
- Trailing Commissions
- Referral Arrangements
- Deferred Sales Charge (DSC) Funds (correct)
Which conflict arises from the competing interests of the firm wanting proprietary products to be distributed successfully and clients' needs to be suitably invested?
Which conflict arises from the competing interests of the firm wanting proprietary products to be distributed successfully and clients' needs to be suitably invested?
What type of fees offer an ongoing stream of income over time?
What type of fees offer an ongoing stream of income over time?
Which fee involves splitting commissions between parties?
Which fee involves splitting commissions between parties?
What type of fees are potential incentives for conflicts of interest?
What type of fees are potential incentives for conflicts of interest?
Which type of conflicts arise from the compensation structure of a given product?
Which type of conflicts arise from the compensation structure of a given product?
What types of fees involve an ongoing stream of income over time?
What types of fees involve an ongoing stream of income over time?
Which type of fee provides a higher commission rate or ongoing income over time?
Which type of fee provides a higher commission rate or ongoing income over time?
