An official website is likely the single biggest and most important point of contact between the company and potential customers. As a result, any information related through that website needs to comply with the communication rules and guidelines provided by FINRA and the SEC. Do you have ...
There are many rules that apply to financial services firms and the advisors employed by them. Knowledge of these key regulations relating to electronic communication is essential. The Securities Exchange Act is a wide-reaching set of rules governing the financial services industry. In particular, SE...
FINRA concluded that this conduct violated NASD Rules 2210 (communications with the public) and IM-2210-1 (guidelines to ensure that communications with the public are not misleading), and FINRA Rule 2010 (ethical standards). To me, this sounds exactly like the behavior FINRA is trying to ...
Design/methodology/approach This article discusses the scope of the FINRA Rules and amendments, including provisions for temporary holds on disbursements of funds or securities and the revised National Adjudicatory Council (NAC) Sanction Guidelines, and provides the author's analysis. Findings This ...
Checklist: Electronic Communications Compliance for Broker-Dealers Smarsh, Inc. assumes no liability for the accuracy or completeness of this information. Please consult with an attorney for specific information on specific rules and regulations and how they apply to your business....
what are the rules of the finra suitability obligations? 1. the reasonable-basis obligation requires a member firm and an rr to have a reasonable basis to believe that the recommendation is suitable for at least some investors. if the firm or its rrs do not understand the product, it ...
FINRA rules and securities laws and regulations. The procedures must be appropriate for the taping firm's business, size, structure, and customers, and shall be maintained for a period of three years from the date that the taping firm establishes and implements the procedures. By the 30th day...
TheSeries 63 Examtakes 75 minutes to complete and consists of 60 multiple-choice questions. A score of 72 or better is considered passing. Sixty percent of the exam will cover State Securities Acts and related rules and regulations. Forty percent of the exam will cover ethics and fiduciary obl...
For contact details, see here: https://www.finra.org/rules-guidance/notices/20-35 Align’s Take To help prevent broker-dealers and investment firms from falling victim to cyber scams, we offer the following guidelines and resources: Align’s Managed Services team has designed an industry-...
FINRA Requests Comment on Rules Governing Communications About Variable Insurance Products.The article report that the U.S. Financial Industry Regulatory Authority (FINRA) is requesting comments on the proposed changes to guidelines on illustrations of tax-deferred versus taxable compounding in advertising ...