u/Specialist-Test-1

I feel that NASAA and Finra ought to word questions in a more readable manner. Many of their test questions are in the passive tense (difficult to read) and use bizzaro language that is utterly vague beyond what should be needed.
In addition the question answers are ridiculously similar and arguably all correct sometimes.

Why? What are they really testing? Knowledge or how much they can twist your reading comprehension into a mess of confusion?

Also, with such crazy wording they should have a time limit closer to 1:45 for this one. (Not a mere 1:15).

What are salaries in the brokerage area at Charlotte? What are you pullin in? Is it worth it or nah?

Ken’s practice test in YouTube was most like the real thing. Pause the video for each question and keep an honest score.

Know these:

For someone who wants ultra diversification, would a REIT be good or is a REIT EFT better? Why?

List a disadvantage of a fund of funds

Whether a put is married or not and the timing and tax implications around that.

Cost basis of a call and put combo.

Hedging

How a sell stop triggers in a fast falling market. Gotta know the price it triggers at and the price it sells at.

Reverse merger (which is a SPAC) and why a company would do it

What synthetic is, what an iron condor is ( likely those are more for familiarity)

Know that mutual funds sell shares while variable annuities sell units. Don’t forget that!!

Know: hedging -what is is, why, how it’s done

Know reverse merger / SPAC and why a company would do it

What price would trigger a sell stop and then what price would trigger the sale.

Cost basis of call and put combo

Married puts

Treasury stock doesn’t increase assets

Synthetic

Cost basis of stock / put combo

Disadvantages of fund of funds

REIT ETFs

Spin off and cost basis of same

Inflation risk

Are you restricted from trading leveraged ETFs? Are there any investments off limits?

Headline Results (Fiscal Q3 2026)
Revenue: $5.95 billion
Non-GAAP EPS: $23.41
GAAP EPS: $23.03
Revenue was up 97% sequentially
Revenue was up 251% year over year

Guidance (Next Quarter / Fiscal Q4 2026)
Revenue: $7.75B to $8.25B
Non-GAAP EPS: $30.00 to $33.00