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Mutual Funds Videos 165 videos

Finance: What is Efficient Markets Theory?
141 Views

What is the Efficient Markets Theory? The Efficient Markets Theory says that stocks trade at their fair value all of the time, assuming all informa...

Finance: What is a Fund of Funds?
5 Views

What is a Fund of Funds? A fund of funds is a mutual fund strategy that invests in other funds rather than investing in stocks or bonds. The underl...

Finance: What is the Russell Index?
4 Views

The Russell Index is a series of indices that tracks the progress of stocks in a given basket. Aw. We were hoping it tracked adorable Jack Russell...

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Finance: What is Hiding Written Complaints? 2 Views


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Description:

The act of hiding written complaints is...no bueno. An investment rep is legally obligated to pass on any such complaints to their employer.

Language:
English Language

Transcript

00:00

Finance a la shmoop what is hiding written complaints? all right remember

00:07

when you were a kid and your teacher sent home a note to your parents and not [Teacher gives boy a note]

00:12

a good one you knew you were in big-time trouble so you know why not just hide

00:17

the note what your parents don't see can't hurt you right? while hiding

00:21

written complaints on Wall Street is kind of like that if an investment rep

00:25

receives a written complaint from a client they are legally obligated to

00:30

pass it along to their employer and their boss who has to add it to the reps

00:36

[Submarine appears] U4 which is not a military submarine but a form that the rep has to

00:40

use when registering with the stay you know for their license hiding written

00:45

complaints is illegal and can get the rep in deep you know what and like in

00:50

the real world it gets a lot worse than being grounded and you know having your [Person picks up Xbox console]

00:54

xbox taken away for a week yeah good luck with that

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