Series 6 Lesson 17 FINRA Regulations Series 6 Lesson 17 FINRA Regulations is this lessons topic. Under FINRA regulations, you are not allowed to disclose the contents of the FINRA exam to any other person. It must be kept completely confidential to maintain the integrity of the test. When a broker-dealer hires a securities agent,
Series 6 Lesson 15 Registration and Disclosure Series 6 Lesson 15 Registration and Disclosure is what this lesson is about. Stock that is sold under a private placement is not registered and so it is considered restricted. Investors will have to hold it for a certain period of time before selling it. If the sale
Series 6 Lesson 16 Communications Series 6 Lesson 16 Communications is the topic of this lesson. Communications with the public have to be approved/monitored by a principal and copies have to be kept. Communication to retail investors have to be pre-approved and copies have to kept, but also, they have to be filed with FINRA.
Series 6 Lesson 14 Security and Exchange Act of 1934 Series 6 Lesson 14 Security and Exchange Act of 1934 is the topic of this lesson. Series 6 designation means you will: Execute purchase and sale orders for open-end funds, Variable annuities, Variable life insurance. The trade date is when the buy/sell order is given.
Series 6 Lesson 13 Code of Procedure Series 6 Lesson 13 Code of Procedure is this lessons topic. FINRA has a Code of Procedure (COP) that can be used to investigate violations of its law. It gives FINRA the power to “suspend, expel, bar, and censure” those under its jurisdiction who have violated the rules.
Series 6 Lesson 12 Secondary Markets Series 6 Lesson 12 Secondary Markets is this podcasts subject. The secondary market is for people to buy and sell securities to each other. The “first market” they are sold at is called the auction market. The main part of this is the New York Stock Exchange (NYSE), but
Series 6 Lesson 11 Investment Risk Series 6 Lesson 11 Investment Risk is the topic covered in this lesson. In a savings account, the only risk is that your money will lose purchasing power. This is known as purchasing power risk that comes from inflation. These affect fixed-income investments the most, because the amount remains
Series 6 Lesson 10 Annuities Series 6 Lesson 10 Annuities are covered in this lesson This is an investment sold by an insurance company that promises a minimum rate of return or allows the investor to allocate payments to different mutual funds that invest in stock and bond markets. They pay out regular payments throughout
Series 6 Lesson 9 Mutual Funds pt 2 Series 6 Lesson 9 Mutual Funds pt 2 Fund of Funds = a mutual fund that holds shares of many other funds Principal Protected Funds = These funds are focused on protecting the investor’s principal. They take many steps in order to keep everything stable. These can
Series 6 Lesson 8 Mutual Funds pt 1 Series 6 Lesson 8 Mutual Funds pt 1 is our first discussion on Mutual Funds This is a big investment portfolio that can give as many shares as investors want to buy. The shares of the fund do not change value when investors buy shares. Shares become
