Series 10 finra - Study guides, Class notes & Summaries

Series 79 Investment Banking Front-Running - correct answer Trading ahead of client orders Painting the Tape - correct answer Creating a misleading appearance of trading Pegging - correct answer Manipulative activity used to keep a price from falling Capping - correct answer Manipulative activity used to keep a price from rising Insider Trading Criminal Penalties - correct answer Individuals: max fine of $5m, 20 yrs Corporation: max fine of $25m Insider Trading Civil Penalties -...

Series 79Statutory disqualification - correct answer convicted in the past 10 years of any crime involving funds or securities OR expulsion from an SRO, SEC, CFTC, or any other regulatory agency Waiting period after failing Series 79 - correct answer 30 days for the first and second attempt, 180 for each subsequent attempt Continuing education - correct answer starts on second anniversary and every three years after; if not completed in 120 days, person will become inactive; registered per...

Series 24 Question and answers 100% correct 2024/2025 Series 24 Becoming a FINRA Member - correct answer -File online a New Member Application (Form NMA) w/FINRA -Register with SEC as B/D and file Form BD -Meet standards under rule 1014 Statutory Disqualification - correct answer Member or individual who has faced disciplinary sanctions by the SEC or another SRO in the last 10 years. SD cannot work in the securities industry without an exception from the DMR. Form MC-400 - corr...

Series 24 Missed Questions and answers verified to pass 2024/2025 Series 24 Missed Questions Which of the following are defined as penny stocks? I. Nasdaq stock trading at $5 per share. II. Bulletin Board stock quoted at $5 per share. III. NMS stock trading at $5 per share. IV. OTC Pink stock quoted at $5 per share A) II and III B) II and IV C) I and III D) I and IV - correct answer B) II and IV --A penny stock is a non-Nasdaq (Bulletin Board or Pink Quote) stock trading at under...

Series 24 STC Question and answers already passed 2024/2025 Series 24 STC - Chapter 12 Items to remember - correct answer Set Alarm for 8:00am (market opens) Snooze only 1 time for 15 min (report by 8:15) Cannot set clock ahead Synchronize clocks every day w/ NIST w/in 1 second Office hours from 9:30am until 4pm and no sleeping on the job When you are on the job must answer on the 1st ring (trade reporting) within 10 seconds If you stay late, get the trade in by 8:15 Per FINRA Rule...

Reg M Rule 103 correct answers MM also a syndicate member elects to function as passive mm - Notification to Nasdaq 1 biz day before restricted period - Identifier PSMM must be used - Passive bids no higher than highest indep. bid - Indep market must exist - Subject to limit order display rule 6 Year Filings correct answers Blotters (Day book, journal, diary) General Ledgers Stock Record Statements Customer Account Records Principal designation record Series 22 correct answers Al...

Series 24 crunch time facts Question and answers correctly solved 2024/2025 Series 24 crunch time facts Chapter 1 - correct answer o The Effective Date of an IPO is determined by the SEC (NOT FINRA or the issuer). o If the SEC sues an issuer and underwriter for false statements and/or material omissions in a prospectus, the customer may still file a lawsuit against both the issuer and the underwriter. o What would preclude an issuer from obtaining WKSI status? Involvement in bankruptcy i...

Series 79 Primary Markets - correct answer Sale of securities directly from issuers to investors. IPO; weekly auction of treasury bills Secondary Markets - correct answer exchange of existing securities between investors. NYSE, etc Broker-Dealer - correct answer Broker is defined as any person engaged in the business of effecting transactions in securities for the account of others. Dealer is defined as any person engaged in the business of buying and selling securities for its own accoun...

Series 24 Question and answers 100% correct 2024/2025 series 24 - Chap 10 - NASDAQ & MARKET MAKING, NYSE MARKET & DESIGNATED MARKET MAKER to be a market maker in a nasdaq security the BD must maintain a file of... - correct answer 1. current information about the compnay - latest annual report and prospectus 2. have reason to believe the companys filings with SEC are current - SEC / Finra approval is not required for someone to make a market in a particular ecurity Market makers in ...

Series 24 Quick sheet Question and answers rated A+ 2024/2025 Series 24 Quicksheet what is the 'grace period' for fees being paid to FINRA? - correct answer 21 days until membership revoked or suspended how long do you need to notify FINRA before making a material change to the firm? - correct answer 30 days how long do you have to report an AP having a statutory disqualifying event? - correct answer promptly to FINRA, no more than 30 days what leads to statutory DQ from FIN...