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 distinction between the government authority of the SEC and the self-regulatory role of FINRA.
- Why membership in FINRA is mandatory for nearly all broker-dealers.
- How FINRA oversees its members through rule-making, examinations, and enforcement actions.
- Common exam traps, such as confusing the civil enforcement powers of FINRA with the criminal authority of the SEC.
- A memorable phrase to help distinguish the primary functions of the SEC and FINRA.
For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818
![[SIE] 58, FINRA and SRO Regulation](https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg)