Series 6: 5.1.6.1. Redemption Fees And Back-End Load Sales

Taken from our Series 6 Top-off Online Guide

5.1.6.1. Redemption Fees and Back-End Load Sales

Some mutual funds charge a redemption fee. FINRA rules state that the redemption fee plus any back-end load cannot exceed 8.5% of the share price. Recall that a declining back-end load is called a contingent deferred sales charge because the sales charge is deferred until the investor sells and the percentage charged is contingent on when the sale occurs. If a deferred sales charge will be applied, the customer’s trade confirmation must include the following disclosure: “On selling your sh

+ Read More

More Series 6 Info

What are people saying?

Create an Account

Since you're reading about Series 6: 5.1.6.1. Redemption Fees And Back-End Load Sales, you might also be interested in:

Series 66 - 4.4.5. Capital Appreciation vs. Income Management

Series 24 - Selected Dealers Agreement (Selling Group Agreement)

Series 53 - Reclamation of Settled Transactions

Series 65 - Trading Authorization

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I utilized the Solomon SIE and Series 6 Top-Off study guide package. I passed on the first time by following the exact recommendations. While the test is different than the study exam questions it covers the content in a detailed way preparing you to successfully pass the exam. Great product and customer service!

Michael Gehrich, Allstate Insurance, Ft Myers, FL

I took a job which required me to pass the SIE, Series 6, Series 63 and Series 26. Understandably this was a pretty tall task, but the Solomon Exam Prep materials made it incredibly easy. I appreciated how well all of the material was laid out for all four tests. I stuck to the study plans that were included in the resources and passed all four tests on the first try. This was a stressful time in my life, but Solomon got me through it! I would highly recommend Solomon to anyone who is looking to become licensed. Part of my new job is managing other licensed individuals and I recently hired two employees who are now required to be licensed. I reached out to Solomon for a demo of their Admin Portal and it is wonderfully comprehensive. It allows me to track my employees progress without having to reach out and be too invasive. Excellent all around!

Stephen Carbaugh, StanCorp Equities, Inc. Portland, OR

So thankful for Solomon, passed my s6 ! After failing twice on other testing website . Using Solomon help me master the testing questions

Seara Izakson, Primerica, Orlando, FL

After multiple failed attempts at the Series 6, I felt somewhat defeated. I reached out to Solomon for guidance and I was more than impressed with the response I received. The study material was outstanding and the program structure is truly designed to help you pass! Jeremy Solomon was truly my biggest fan and I can't thank him enough for his help! Solomon is by far the best company out there for test preparation; don't waste any more money on the others this is all you will need to pass!

Tory Hamlin, Agency Owner, Jacksonville, FL

I have used Solomon exam prep for the 6/63 and was able to pass on the first try. Now I’m taking the 65 and hope to do the same. I’ve used other recommended exam prep courses and came back to Solomon for the 65 because of ease of use. I would recommend Solomon to anyone that is in need of a securities exam. All the content is laid out in an easy to follow way.

Antonio Mendoza, State Farm. Santa Maria , CA.

I was struggling with my Series 6. I was referred to Steve Kaplan by a colleague. Steve told me to throw away my other study materials from the other school and use the Solomon Products. I found the information to be easier to understand. Along with Steve's test taking tips, I passed my Series 6 with no problem

Ruby Crenshaw, The Crenshaw Agency. Atlanta, GA