5. Overview of the Regulatory Framework

In this section

• 5.1 Securities Acts and Key Legislation
  • Securities Act of 1933: Comprehensive Guide for SIE Exam Success
    Master the Securities Act of 1933 for the SIE Exam with our detailed guide. Learn about registration requirements, exemptions, and investor protections.
  • Securities Exchange Act of 1934: Comprehensive Guide for SIE Exam Success
    Master the Securities Exchange Act of 1934 for the SIE Exam with our detailed guide. Understand its purpose, key provisions, SEC establishment, investor protections, and significance for exam preparation.
  • Investment Company Act of 1940: Comprehensive Guide for SIE Exam
    Explore the Investment Company Act of 1940, its purpose, provisions, and significance for the SIE Exam. Understand the regulatory framework governing investment companies, types of investment companies, and key investor protections.
  • Investment Advisers Act of 1940: Comprehensive Guide for SIE Exam
    Master the Investment Advisers Act of 1940 for the SIE Exam with our comprehensive guide. Learn about registration, fiduciary duty, key provisions, and prohibited practices.
  • Securities Investor Protection Act (SIPA) Overview and Importance
    Explore the Securities Investor Protection Act (SIPA), its purpose, role, and significance in safeguarding investors through the Securities Investor Protection Corporation (SIPC).
  • Insider Trading and Securities Fraud Enforcement Acts
    Explore the comprehensive guide to understanding the Insider Trading and Securities Fraud Enforcement Acts, crucial for mastering the SIE Exam. Learn about key legislation, penalties, and compliance strategies.
  • Sarbanes-Oxley Act: Enhancing Corporate Accountability and Investor Confidence
    Explore the Sarbanes-Oxley Act's impact on corporate governance, financial disclosures, and investor protection, crucial for mastering the SIE Exam.
  • Dodd-Frank Wall Street Reform and Consumer Protection Act
    Explore the Dodd-Frank Wall Street Reform and Consumer Protection Act, a pivotal legislation in financial regulation, aimed at enhancing stability, transparency, and consumer protection in the financial sector.
• 5.2 Self-Regulatory Organizations (SROs)
  • FINRA Rules and Bylaws: A Comprehensive Guide for the SIE Exam
    Explore the intricate world of FINRA rules and bylaws, essential for mastering the SIE Exam. Understand FINRA's structure, authority, and key regulations that govern U.S. broker-dealers, ensuring market integrity and investor protection.
  • MSRB Rules for Municipal Securities
    Explore the comprehensive guide to MSRB rules governing municipal securities, including key regulations, the role of the MSRB, and its impact on the securities industry. Master the SIE Exam with in-depth insights into municipal securities regulation.
  • Self-Regulatory Organizations (SROs) in the Securities Industry: Roles and Functions
    Explore the roles and functions of key Self-Regulatory Organizations (SROs) in the securities industry, including the NFA, NYSE, NASDAQ, and CBOE. Understand their impact on market integrity and investor protection.
• 5.3 Registration and Licensing Requirements
  • Associated Person Registration: A Comprehensive Guide for the SIE Exam
    Explore the detailed process of Associated Person Registration, including the definition, registration requirements, exams, and compliance obligations. Essential for SIE Exam preparation.
  • Form U4 and U5 Procedures: Essential Knowledge for Securities Industry Professionals
    Master the essentials of Form U4 and U5 procedures for securities industry registration and termination. Learn about the purpose, requirements, and implications of these forms in the regulatory framework.
  • Continuing Education Requirements for Securities Professionals
    Explore the comprehensive Continuing Education Requirements for securities professionals, including Regulatory and Firm Elements, to maintain industry competence and compliance.
• 5.4 Employee Conduct and Reportable Events
  • Statutory Disqualification in Securities Regulation
    Explore the concept of statutory disqualification, its regulatory framework, implications for individuals and firms, common disqualifying events, and compliance requirements in the securities industry.
  • Outside Business Activities
    Explore the intricacies of Outside Business Activities (OBA) in the securities industry, including regulatory frameworks, notification requirements, and best practices for compliance.
  • Political Contributions and Pay-to-Play Rules: Navigating Compliance in the Securities Industry
    Understand the intricacies of political contributions and pay-to-play rules within the securities industry, focusing on MSRB Rule G-37 and SEC Rule 206(4)-5. Learn about regulatory frameworks, key provisions, compliance strategies, and potential consequences of violations.
  • Gifts, Gratuities, and Non-Cash Compensation: Navigating FINRA Rules and Compliance
    Master the intricacies of gifts, gratuities, and non-cash compensation regulations in the securities industry. Understand FINRA Rule 3220, limitations, exceptions, and best practices for compliance.
  • Complaint Handling and Reporting Requirements for Securities Professionals
    Master the SIE Exam by understanding the intricacies of complaint handling and reporting requirements, including FINRA rules, regulatory frameworks, and best practices for compliance.
• 5.5 Customer Protection and Ethical Practices
  • Regulation Best Interest (Reg BI) - A Comprehensive Guide
    Explore Regulation Best Interest (Reg BI), a pivotal SEC regulation impacting broker-dealers. Learn about its obligations, Form CRS, and its implications for retail customers.
  • Suitability and Know Your Customer (KYC) in Securities
    Explore the critical principles of Suitability and Know Your Customer (KYC) in the securities industry, focusing on FINRA Rules 2111 and 2090, to ensure ethical practices and customer protection.
  • Fiduciary Duty and Best Execution in Securities Industry
    Explore the critical concepts of Fiduciary Duty and Best Execution in the securities industry, essential for understanding ethical practices and regulatory compliance in financial services.
  • Senior Investor Protections
    Explore comprehensive strategies and regulatory frameworks designed to protect senior investors from financial exploitation, including FINRA rules, trusted contact persons, and best practices for communication and education.
• 5.6 Recordkeeping and Reporting Requirements
  • Books and Records Maintenance: Essential Guide for SIE Exam Success
    Master the essentials of books and records maintenance for the SIE Exam. Learn about SEC Rules 17a-3 and 17a-4, record types, retention periods, electronic storage, and compliance consequences.
  • Regulatory Filings and Notifications: Essential Knowledge for the SIE Exam
    Master the essentials of regulatory filings and notifications for the SIE Exam. Understand FOCUS Reports, net capital requirements, customer complaint reporting, and more.
  • Business Continuity Plans (BCP) for Securities Firms: Ensuring Resilience and Compliance
    Explore the essential components and regulatory requirements of Business Continuity Plans (BCP) for securities firms, including FINRA Rule 4370, to ensure operational resilience and compliance during disruptions.
  • Cybersecurity and Data Protection: Safeguarding the Securities Industry
    Explore the critical role of cybersecurity and data protection in the securities industry, including regulatory requirements, best practices, and the consequences of inadequate measures.