Clearly Erroneous Transactions

  • January 3, 2021
  • By: Jeffrey Van Blarcom

FINRA has enacted rules to ensure that broker-dealers do not execute orders at prices that are not reasonably related to the market price for a security. An Executive Vice President of FINRA’s Market Regulation Department or Transparency Services Department or any officer designated by the Executive Vice President may declare a transaction to be clearly […]

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What Is FINRA RULE 3241

  • December 4, 2020
  • By: Jeffrey Van Blarcom

FINRA Rule 3241 is designed to address the potential conflicts of interest that can arise when a registered person is named as a beneficiary, Trustee,  or executor of  a client’s estate. The intent of this rule is to ensure that registered individuals act appropriately and that the employing member carefully supervises the actions of registered […]

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Top 10 SIE Exam Topics

  • November 26, 2020
  • By: Jeffrey Van Blarcom

In this article we are going to provide you with a list of the 10 topics you must know in order to pass your SIE exam. 1) Primary Market – The primary Market consists exclusively of issuer to investor transactions. In a primary Market transaction the issuing entity receives the proceeds of the sale. For […]

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Series 10 MSRB confirmation requirements

  • November 22, 2020
  • By: Jeffrey Van Blarcom

Many test-takers who are preparing for the series 10 exam find the MSRB confirmation requirements to be  particularly challenging. There are many reasons this area causes test takers so much anxiety. First off, most representatives do not transact a significant amount of business in any of these municipal securities. Secondly, the rules and regulations regarding […]

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How to Ace Equity Securities on the SIE exam

  • October 11, 2020
  • By: Jeffrey Van Blarcom

In this article we are going to review everything you need to know about equity securities and the rights of common stockholders to pass your SIE exam Introduction to Equity Securities When starting off a review of securities, it’s important to start off with a definition of what a security is. A great place to […]

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Supervision of retail communication

  • September 12, 2020
  • By: Jeffrey Van Blarcom

In this article we are going to review a significant amount of information relating to the supervision of retail communications.  As you prepare to take your principal level exam, you  will want to make sure that you have mastered these topics. This information has been taken directly from our textbooks, video lectures and feedback from […]

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Student feedback – FINRA online testing

  • August 22, 2020
  • By: Jeffrey Van Blarcom

Since FINRA introduced remote online testing, we have had many students elect to take their FINRA exams in this new format.  We have spoken to literally hundreds of students who have taken the exam either from their office or home.  The results, opinions and experiences varied greatly among the candidates. In this article we will […]

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Payment-in-kind bonds

  • July 25, 2020
  • By: Jeffrey Van Blarcom

In this article we are going to review a number of different features regarding payment-in-kind bonds.  Investors who purchase this type of security may receive a coupon rate that is paid in additional bonds, shares of preferred stock or a combination of cash and securities. Some issuers, especially those who may be experiencing cash-flow problems […]

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FINRA Remote Online Testing

  • July 16, 2020
  • By: Jeffrey Van Blarcom

FINRA has announced that remote Online testing is now live and available for test takers. Here is a comprehensive overview of the remote testing process.  Prometrics Proproctor is designed to make it easy to test anywhere, anytime from your own office or even from the comfort of your home. For Test takers, getting started is […]

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What is the series 3 pass rate

  • July 3, 2020
  • By: Jeffrey Van Blarcom

 The series 3 exam is a very unique exam and stands out from other Financial Services  registration examinations. The Series 3 exam is one of the only tests administered to financial services professionals that requires the individual to successfully complete both major sections of the exam. The series 3 requires individuals to score a 70% […]

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