This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the Series 6 Exam.
In this episode you will learn:
- The "100-100" rule for when an investment company must register with the SEC under the Act of 1940.
- How a fund's board of directors must be structured and how 12b-1 fees change that requirement.
- The core principles of the FINRA suitability rule through concrete exam-style scenarios.
- How to identify and avoid prohibited practices like "selling dividends" and "breakpoint sales" using a simple mnemonic.
- The FINRA rules for ensuring that all advertising and communications with the public are fair, balanced, and not misleading.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
![[Series 6] 28, SEC and FINRA Regulations](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)