🧾 Floor Operations and Order Types – Series 7 Exam The Series 7 exam tests your knowledge of how securities are traded — including what happens on the trading floor and how different order types function in various market conditions. Mastering this material is essential for understanding execution, client instructions, and market behavior. Here’s what […]
FINRA has released its 2023 Examination and Risk Monitoring Program Report, highlighting key compliance issues identified during recent oversight activities. The report aims to provide member firms with insights to strengthen their compliance programs and protect investors.FINRA+8KPMG+8Carlton Fields+8Goodwin Law+5FINRA+5FINRA+5 🔍 Key Compliance Findings The 2023 report addresses 24 topics across various areas, including financial crimes, […]
🏛️ FINRA’s Role in Exam Licensing and Supervision The Financial Industry Regulatory Authority (FINRA) is the primary self-regulatory organization (SRO) overseeing U.S. broker-dealers and registered representatives. If you’re pursuing securities licensing—like the Series 6, Series 7, Series 24, or others—understanding FINRA’s role is essential. FINRA not only administers qualification exams, but also supervises the individuals […]
⚖️ FINRA’s Authority in Arbitration and Disputes The Financial Industry Regulatory Authority (FINRA) plays a central role in resolving disputes in the U.S. securities industry. As a self-regulatory organization (SRO), FINRA provides a legally binding arbitration and mediation forum for conflicts between investors, firms, and registered representatives. Here’s what you need to know about FINRA’s […]
⚖️ FINRA vs. SEC: What’s the Difference? When studying for exams like the Series 6, Series 7, Series 24, or Series 63, understanding the difference between FINRA and the SEC is essential. These two regulatory bodies both oversee financial markets—but they serve distinct roles with different authority and jurisdictions. Here’s a side-by-side breakdown of what […]
FINRA vs SEC: What’s the Difference in Their Exams? While both the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) play central roles in U.S. securities regulation, only FINRA administers qualification exams for professionals. The SEC is a regulatory body, not a testing organization. Here’s a clear breakdown of the difference […]
⚖️ FINRA vs. NASAA Exams: Scope, Purpose, and Structure Understand the Differences Before You Choose Your Licensing Path If you’re pursuing a career in the financial services industry, you’ll encounter exams administered by both FINRA and NASAA. While these organizations work together, their exams serve different roles and follow distinct rules. Here’s a side-by-side comparison […]
🟨 FINRA to Pilot Adaptive Testing for Select ExamsSmarter, shorter, and more personalized testing may be on the way. The Financial Industry Regulatory Authority (FINRA) has announced plans to pilot adaptive testing for select qualification exams, marking a significant shift in how financial professionals may be assessed in the future. This move aims to improve […]
FINRA Rules to Know for the Series 6 Exam Passing the Series 6 exam requires a thorough understanding of essential FINRA rules and regulations. Below are the key FINRA rules you should master to ensure success: 📌 FINRA Rule 2111 – Suitability Rule 📌 FINRA Rule 2090 – Know Your Customer (KYC) 📌 FINRA Rule […]
FINRA Rules to Know for Series 7 Exam The Series 7 exam is one of the most critical qualifications for individuals looking to become licensed General Securities Representatives. It covers a wide range of topics related to trading, securities regulations, and ethics. Understanding the FINRA (Financial Industry Regulatory Authority) rules that govern the securities industry […]