SERIES 66 CANDIDATES, ARE YOU FAMILIAR WITH "DIGITAL ASSETS"? NASAA'S SERIES 66 TEST SPECIFICATIONS LIST DIGITAL ASSETS AS IMPORTANT FOR THE SERIES 66 EXAM
NASAA's Test Specifications for the Series 66 Exam list Digital Assets in Section II (L) (2), and mention characteristics, definition, and risks. This listing means that you might see questions about Digital Assets on your Series 66 Exam.
Bob Eder in his Study for the Series 66 Exam discusses Digital Assets, and here is a sample of his treatment:
Digital
Assets II
(L) (2)
By "digital assets," we mean assets that have no physical existence, other than being stored, listed and traded on a computer or computerized network and which have unique or sui generis characteristics. Digital assets include crypto currencies, tokens, and digital coins. Digital assets also include film, videos and audios. Basically, the common element is that digital assets don't exist in physical form, or in the case of crypto, tokens and coins, do not have intrinsic value other than in one's mind or being listed in the virtual realm of cyber space.
Here is the link to NASAA's Test Specifications for the Series 66 Exam.
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