INFORMATIONAL
Municipal Fund Securities
SUGGESTED ROUTING
KEY TOPICS
Executive RepresentativesInstitutionalLegal & ComplianceOptionsSenior Management
Investment CompaniesMunicipal Fund Securities/529 PlansSales Material
Executive Summary
NASD recognizes that the market for municipal fund securities, particularly Section 529 college savings plan securities,
Managing a retirement account takes some work. Your plan administrator generally handles your portfolio's actual transactions and the recordkeeping and reporting, but you decide when and how to reallocate and rebalance your assets.Beyond keeping tabs on the performance of your portfolio, you’ll want to know your plan’s rules and procedures and how much your plan and its investments are
Money you make on an investment is considered a capital gain, and in most cases, you’ll need to pay a capital gains tax. If your investment loses money, you have a capital loss. Your capital gain or loss is the difference between the sale price and the cost basis, and the tax rate depends on how long you held the investment.
The GI Bill is a valuable benefit that has helped veterans pay for college since World War II. Learn how to make the most of the GI Bill and start using the benefits.
Please note: The following information is intended to provide a general overview of the permitted activities of various registration categories, but it is not an exhaustive list. Please refer to Regulatory Notice 17-30, FINRA Rule 1220 and, regarding retired exam categories, NASD Rule 1032 for further details.
Series 6 - Investment Company Products/Variable Contracts Limited Representative
(a) No person associated with a member ("employer member") shall, without the prior written consent of the member, open or otherwise establish at a member other than the employer member ("executing member"), or at any other financial institution, any account in which securities transactions can be effected and in which the associated person has a beneficial interest.(b) Any
Financial planners can come from a variety of backgrounds and offer a variety of services. They might be brokers or investment advisers, insurance agents or practicing accountants—or they might have no financial credentials at all.
FINRA Recommends Review of Municipal Securities Activities
I am neither a major nor wealthy investor. Reinvesting profits taken into more speculative ventures has enabled me to set-up modest 529's to assist in sending my grandchildren to college. I don't use any original funds or income for leveraged speculation.
Why do you feel the need to control my investment strategies?
1. What is the preferred order for completing the program?It is recommended to complete Week I before taking Week II because the second week’s curriculum builds on the first week, but there is no requirement to take the program in this order.2. Does the program need to be completed within a specified timeframe?Coursework must be completed within two consecutive calendar years, but you can
