Category: Series 26 Exam Prep

All broker-dealers must conduct an independent audit of their anti money laundering program prior to the end of each year.  To assist you in avoiding common mistakes and oversights that could become comments in your next AML Testing report, please review the following list of common findings identified during AML testing and recommendations on how... "Broker-dealer AML audit requirements"

In this article we are going to provide you with a comprehensive review regarding the outside business activities of associated persons and private Securities transactions.  Both of these topics are hot buttons for FINRA and are not only widely tested on their exams, but are also closely scrutinized during compliance examinations by FINRA staff members. ... "Outside Business Activities And Private Securities Transactions"

In our previous article we reviewed the three ways for purchasing an annuity contract. Let’s move forward here, and get a little bit more detailed about some of the specifics regarding the operation of the annuity’s separate account. When an investor contributes money into a variable annuity product, that money goes into the separate account... "Annuity payments and taxation"

In this article we are going to take a look at employee conduct and the conduct of registered representatives.  Virtually all FINRA exams will test the rules and regulations relating to professional conduct in the Securities industry.   This article will highlight a number of prohibited practices that you are likely to see on your... "Securities Exam Prep – Prohibited Conduct"