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Mutual Funds Videos 165 videos

Finance: What is Term To Maturity?
12 Views

Term to maturity is kind of the life cycle of a bond, but luckily for the bond, it gets to skip puberty.

Finance: What is Yield to Maturity?
6 Views

What is Yield to Maturity? When calculating bond yields, the yield to maturity is the interest rate that an investor would ultimately accumulate if...

Finance: What is Aftertax Yield?
8 Views

What is After Tax Yield? After tax yield is simply how much an investment makes (or yields) after taxes have been paid. This term refers to bond yi...

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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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