What is the Limit Up – Limit Down Rule?

  • December 6, 2018

The SEC enacted the use of a Limit UP Limit Down (LULD) rule. This rule is designed to ensure that prices of individual securities reflect fundamental prices based on supply and demand and do not move outside of established parameters based on errors or manipulative actions. Upper and lower trading bands will be established based […]

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Series 24 market maker registration and responsibility

  • December 6, 2018

Here are some of the key points that you need to know about market maker registration and responsibility to help you pass you series 24 exam. All broker dealers that wish to register as a market maker must file an application with FINRA and demonstrate that they are in good standing with FINRA and that […]

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What is tested on the series 24 exam

  • December 6, 2018

General Securities Principal Qualification Examination (Series 24) Content Outline © 2015 FINRA INTRODUCTION The Series 24 exam is the General Securities Principal Qualification Examination. The exam is developed and maintained by the Financial Industry Regulatory Authority (FINRA). This content outline provides a comprehensive guide to the topics covered on the General Securities Principal Qualification Examination […]

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What is Tested On Crowd Funding

  • December 6, 2018

Crowdfunding has become a popular way for issuers to raise capital from small investors. Issuers may offer securities to investors for purchase through a broker dealer or through a registered crowdfunding portal. The portal must be registered with the SEC and must also be a FINRA member firm. Issuers who raise capital through crowdfunding may […]

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Series 24 Exam Direct Market Access

  • December 3, 2018

As many series 24 test takers know, the exam will challenge you to master the supervision of trading and market making down to the smallest detail. Here is some great information on direct market access and rogue trading prvention to help you on this difficult section. This information is taken right from our series 24 […]

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