Credit
Across
- 1. RIA's are required to file this at minimum annually
- 6. Options agreement (Abr.)
- 7. Breach of the SEC 120% capital rule or any of our credit requirements
- 9. NF Correspondent clients act as mini clearing firms to these…
- 10. This IWS review process is not "medical" but some firm are in critical condition
- 15. Used as credit protection when issuing loans to IWS advisors, doesn’t always work! (2 Words)
- 17. See #32, this section contains Disclosure information
- 19. Billionaires have likely set this up (2 words)
- 20. This individual earns a fee NOT a commission and NO series 7 is required
- 22. A bankruptcy would most certainly lower this (2 words)
- 23. Process when firms leave NF
- 24. More than one Clearing firm
- 25. Guarntee letter for trading or an individual with ownership of a firm
- 26. Advisor who leaves a "wirehouse" to start their own or join a new firm
- 28. Codename for a very large NF client converting in 2014 (2 Words)
- 29. The size of an IWS client is defined by this acronym (Abr.)
- 30. Makes terminating IWS clients easy
- 32. Short term BD loan specifically used for IPO's (Abr.)
- 34. A Broker dealer CAPITAL report or big time concentration
- 38. A new one page credit overview of IWS and NF clients, also part of #12 (2 words)
- 39. It’s the "W" in BDW (FINRA shutdown)
- 40. Inducement term used to bring on or retain BD's
- 41. Old term for a broker on the floor of the NYSE or a rarely used bill (2 words)
Down
- 2. Type of long term capital loan used by BD's
- 3. Check Deposit Mobil version of this treasury function was just released (3 words)
- 4. Team Name of the Credit group who won the 1st ever OSG Spelling Bee!
- 5. New client review board (Abr.)
- 8. Term for Business Activities conducted by a rep but not supervised by the firm
- 11. IWS Bank relationships which are NOT advisors (2 Words)
- 12. Fideltiy's jargon identifier for IWS clients (2 words sorta)
- 13. A QSR is an agreement between 2 clearing firms. The R is for Rep, what's does QS stand for?
- 14. A broker deal who also collects commissions and fees is know as this. Hint-Think Prius…
- 16. Alternative term to parent company (sometimes)
- 18. Non Fido Execution (2 words)
- 21. Protective loan terms for the underwriter
- 27. Deposit placed with Clearing firm. Hint-Roger wants as much as we can get
- 31. Smallest IWS client (in assets, Millions) allowed after 1 year (2 words)
- 33. Family Office serving many advisors (Abr.)
- 35. Advisor who fuctions as a portfolio manager to other advisors (Abv.)
- 36. The acronym for the new credit & risk application (Abr.)
- 37. NF RM's try to avoid having their firms added to this… (2 Words)