Exam 5: Professional Conduct and Regulation

What financial institution is the primary source for mortgage loans?

Which of the following is one of the CFP Board's Financial Planning Practice Standards?

What financial institution type is insured for losses up to $100,000?

The CFP Board requires that certificants do what as part of Principle 3 - Competence?

Which of the following is NOT one of the forms of discipline?

What Federal Trade Commission Statue focuses on discrimination?

Under the Home Mortgage Disclosure Act, financial institutions must publicize certain information concerning home purchase loans, home improvement loans, refinances, and applications. How often must the financial institution record reportable transactions?

What does the Truth in Lending regulation do?

What type of financial institution primary function is to trade stocks?

When Congress passes a law that affects financial institutions, what is the first thing that happens after the President signs the law?

How often must a Certified Financial Planner/Investment Adviser, file Form ADV (registration form) with the SEC, reporting contact information and assets under your management?

Which of the following is NOT grounds for discipline?

What financial institution is associated with the McCarran-Ferguson Act?

What Federal Trade Commission Statue forces the disclosure of finance charges?

What, according to the Financial Planning Practice Standards, is vitally important in determining what activities the financial planner should do for the client?