This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the Series 6 Exam.
In this episode you will learn:
- What a mutual fund breakpoint is and how it benefits investors.
- How to identify the prohibited practice of "breakpoint selling" in exam scenarios.
- The misleading and prohibited practice of "selling dividends" and why it harms clients.
- The role of a Letter of Intent (LOI) and Rights of Accumulation (ROA) in achieving breakpoints.
- A simple mnemonic to remember the key violations for exam day.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
![[Series 6] 5, Breakpoint Violations](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)