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 SIE Exam.
In this episode you will learn:
- The definition of churning and how it is identified based on a client's objectives.
- What constitutes an unauthorized trade and the requirements for non-discretionary accounts.
- How to determine if a recommendation is unsuitable by analyzing a customer's investment profile.
- The difference between selling away and a private securities transaction.
- The critical distinction between notice and approval requirements for private securities transactions based on compensation.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
![[SIE] 55, Customer Protection Violations](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)