Financial Services Regulations and Requirements

Free CFP Exam lesson in Professional Conduct and Regulation. 15 min read, ~2,259 words.

$100M AUM = SEC registration; under $100M = state registration. Form ADV Part 1 goes to the regulator; Part 2A goes to the client. Series 7 = broad (all securities); Series 6 = narrow (mutual funds, variable products only). CFP designation exempts from Series 65 in most states. Reg BI...

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