Exam (elaborations)
FINRA Series 24 (times and/or deadlines for reporting & filing) fully solved
- Course
- Institution
FINRA Series 24 (times and/or deadlines for reporting & filing) fully solved
[Show more]
Content preview
FINRA Series 24 (times and/or deadlinesfor reporting & filing)
Spot checks on BD by FINRA can happen - correct answer ✔✔Anytime
Sell out occurs if seller doesn't receive money from buying firm w/o notice after regular way settlement -
correct answer ✔✔Anytime
ACAT form must be sent to old BD from new BD when - correct answer ✔✔Immediately
Coordination registration when SEC clears issue (blue sky) effective - correct answer ✔✔Immediately
PIPE(private investment in public equity) issuer files registration statement w/ SEC after closing of
offering when - correct answer ✔✔Immediately
REG S sales made to any SEC-designated offshore securities market reported - correct answer
✔✔Immediately
REG FD issues make nonpublic info available to public if intentionally giving out to analyst must make
public when - correct answer ✔✔Immediately
Display customer limit order that improves market makers quote - correct answer ✔✔Immediately
Calculation for violation of Net Cap rules reported - correct answer ✔✔Immediately
BD Net Cap calculation after finish of offering reported - correct answer ✔✔Immediately
Clearing firm forwards complaint from customer regarding IBD to FINRA & IBD - correct answer
✔✔Immediately
, Restricted period for actively traded securities - correct answer ✔✔None
Time limit for stabalization - correct answer ✔✔None
Regulatory Reporting requirement for Pink Sheet company - correct answer ✔✔None
Prospectus Requirement for APO Listed / Nasdaq offering - correct answer ✔✔None
OATs Reporting to FINRA - correct answer ✔✔Daily
All fully paid securities under possession or control of BD reported - correct answer ✔✔Daily
Update "easy-to-borrow list" for short selling - correct answer ✔✔Every 24 hours
ACAT form validated by delivering BD within - correct answer ✔✔1 business day
Restricted period before effective date - APO w/ ADTV $100k - correct answer ✔✔1 day
Interdealer transaction confirms sent within - correct answer ✔✔1 day
Contact SIC for lost securities if criminal activity is suspected within - correct answer ✔✔1 day
Waiting period to re-enter as CQS market maker after withdrawing quote - correct answer ✔✔1 business
day
Time between ex-dividend and record date - correct answer ✔✔1 business day
FOCUS II and IIA filed after termination of membership with FINRA - correct answer ✔✔2 business days
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77858 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now