Regulations finra rules - Study guides, Class notes & Summaries

Series 6 Regulations (FINRA Rules)

SIE REGULATIONS (FINRA RULES) EXAM STUDY QUESTIONS AND ANSWERS GRADED A+

SIE Regulations (FINRA Rules)

Regulations - FINRA Rules

Why was FINRA created? correct answers - Eliminate duplicate regulation by NASD and the NYSE - Strengthen the competitiveness of U.S. markets What is the mission of the SEC? correct answers Protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation FINRA has the obligation (or authority) to... correct answers - Establish and interpret rules regulating the OTC markets - Take appropriate steps to ensure compliance with these rules - Examine and inve...

The provision that certain mutual fund policies cannot be changed without shareholder approval is addressed in the A) Investment Company Act of 1940. B) Securities Exchange Act of 1934. C) Investment Advisers Act of 1940. D) Securities Act of 1933. ~~> A) Investment Company Act of 1940. The regulation of mutual funds is covered in the Investment Company Act of 1940. A major responsibility of FINRA is A) developing rules and regulations for its members. B) establishing rules for...

SIE REGULATIONS (FINRA RULES) EXAM SOLUTIONS QUESTIONS AND ANSWERS A+ VERIFIED

SIE Regulations (FINRA Rules) Exam Questions and Answers Graded A

The provision that certain mutual fund policies cannot be changed without shareholder approval is addressed in the A) Investment Company Act of 1940. B) Securities Exchange Act of 1934. C) Investment Advisers Act of 1940. D) Securities Act of 1933. - ANSWER-A) Investment Company Act of 1940. The regulation of mutual funds is covered in the Investment Company Act of 1940. A major responsibility of FINRA is A) developing rules and regulations for its members. B) establishing rules for ...

Securities and Exchange Commission (SEC) >responsible for supervision of the capital markets >writes laws that govern the financial markets > Can enforce those laws, even if the broker/dealer or associated person is registered with a self-regulatory authority (SRO). >Governs publicly traded companies as well as industry professionals >The Commission can revoke the registration of a broker/dealer, but it has few punitive powers >SEC refers criminal cases to the judicial sys...