CREFTI


– finance: an easy acronym suitable for identifying non-exempt securities, that can be used during the uniform securities examination, series 63 exams.

-how it works: you the acronym “c4. r. e. f.t.i.” or simply “crefti” each time one is asked figure out which security will be exempt from state registration. the definition of crefti is for non-exempt securities. any security on this list must be registered at the state level.

non-exempt securities (must register):

-c- currency
-c- condos
-c- collectibles
-c- commodity futures

-r- residence

-e- endowments

-f- fixed annuities

-t-traditional (whole ) insurance

-i -ira or keogh plans

(hint: any security not on this list is either an exempt or federal covered security, thus need not register at the state level)
example:” according to the provisions given under nsmia and the uniform securities act, which of the following securities my be registered with the state administrator….(long list of securities provided)

answer: use crefti –anything not on this list is exempt from registration! (bingo!)

Read Also:

  • Eric Cartman

    a foul-mouthed, mean spirited, s-xually confused, and morbidly obese 9-year-old on south park. eric cartman talking to kyle:shut up you f-cking jew! a fat, anti-semetic cartoon character on south park. kyle: hey, can i come? eric: no! kyle: why the h-ll not? eric: because you’re a jew!!! a realy cool dude who should be president. […]

  • Original Character

    a character in a major franchise created by a fan of something, and self inserted into that franchise usually via art and fanfics. usually due to the fact that the designs end up being so close to the source media, they end up looking almost like the original, and a ton of ocs are just […]

  • Steak and Blowjob Day

    celebrated on march 14th, steak and bl-wj-b day is a holiday for men, celebrated the month after valentine’s day — a holiday for women. the idea is simple: no cards, flowers, candy or other whimsical gifts. ladies (and gay men), you simply bestow your partner with a steak and a bl-wj-b. not necessarily in that […]

  • Lauryn

    a very unique, funny, loud, and crazy indilvidual. listens to a lotta different music… some that you’ll like and some that you’ll hate/ crazy. s-xy. cool. heartbreaker

  • admin123

    the best p-ssword ever. enter username: admin enter p-ssword: ——– (admin123) log-in successful!


Disclaimer: CREFTI definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.