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CPD Course
FINRA
Develop practical knowledge and confidence in FINRA. This course will provide the learner with an introduction to FINRA and its key responsibilities and functions in regulating U.S. securities firms. The course will provide details regarding the history of FINRA and the various rules that it imposes and enforces. After completing this course,...
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Course Description
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Choose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.
Develop practical knowledge and confidence in FINRA.
This course will provide the learner with an introduction to FINRA and its key responsibilities and functions in regulating U.S. securities firms. The course will provide details regarding the history of FINRA and the various rules that it imposes and enforces. After completing this course, the learner will understand:
Why this course matters
This course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.
What you will gain
- Build a practical understanding of the key concepts covered in FINRA.
- Recognise where the topic applies in real workplace or business situations.
- Apply the methods and good-practice approaches covered in the course with greater confidence.
Who is this course for?
This course is suitable for professionals, managers, business owners and learners who want practical knowledge they can apply in real workplace situations.
Course at a glance
- Study time: approximately 2 hours.
- Format: self-paced online learning.
- Professional development: CPD course.
Course Outline
Seat Time: 1.5hrs - Desc:
This course will provide the learner with an introduction to FINRA and its key responsibilities and functions in regulating U.S. securities firms. The course will provide details regarding the history of FINRA and the various rules that it imposes and enforces. After completing this course, the learner will understand:
- The functions of arbitration and mediation and the differences between each.
- How FINRA regulates the financial services industry.
- The purpose of the Communication Rules and FINRA Rule 3310.
Course Topics
T1. FINRA: This topic will educate the learner on the purpose and key responsibilities of FINRA, its mission statement, functions, investor protection and education, and broker-dealer registration.
T2. FINRA History: This topic will educate the learner regarding the circumstances that led to the inception of the National Association of Securities Dealers (NASD), details surrounding the launch of the National Association of Securities Dealers Automated Quotations (NASDAQ) stock market, recent developments pertaining to the NASD and the NASDAQ, and information regarding the Securities and Exchange Commission (SEC) approving of the formation of a new self-regulatory organization to succeed the NASD.
T3. Arbitration and Mediation: This topic will disseminate information to the learner regarding FINRA and the securities court system, details surrounding mediation proceedings, how arbitration proceedings are conducted and what arbitrators are authorized to do, and alternate avenues of complaint.
T4. FINRA and the Financial Services Industry: This topic will educate the learner regarding FINRA's responsibilities to the financial services industry, FINRAÆs authority to enforce its regulations and decisions, and details surrounding the Central Information Depository (CID) and its reports.
T5. Communication Rules: This topic will disseminate information to the learner regarding FINRA rule 2210, Regulatory Notice 12-29, requirements of broker-dealers pertaining to preservation of certain records, requirements of NASD Rule 3010, spot check data feeds, and requirements of NASD Rule 2310 regarding suitability.
T6. FINRA Rule 3310: This topic will educate the learner regarding FINRA Rule 3310, the requirements of firms under the rule, changes to firmsÆ AML programs, details surrounding the FINRA Contact System (FCS), NASD Rule 1160, Customer Identification Program (CIP) notices, and other relevant information that a corporation, partnership, trust, or other legal entity may need to provide.
Continue your learning
Part of this learning pathway: Compliance & Regulatory
Course pathway: eBSI Banking Academy > Compliance & Regulatory > FINRA
Explore more Compliance & Regulatory training or return to the eBSI Banking Academy.
Your questions, answered
Does the course include a certificate?
The course assessment leads to a downloadable digital PDF CPD Certificate of Completion. See the course description for the CPD credits awarded.
What is CPD?
CPD stands for Continuing Professional Development. It is the ongoing learning that helps you maintain and develop the knowledge and skills you use in your work. Courses, workshops and other learning activities can contribute to your CPD record.
Can I ask a question before enrolling?
Book a free video consultation to discuss your goals and course choice.