Prohibited Activities, Registration, and Reportable Events

Free FINRA SIE (Securities Industry Essentials) lesson in Conduct and Regulatory Framework. 17 min read, ~2,591 words.

Gifts cap: \$100 per person per calendar year (FINRA Rule 3220); reasonable business entertainment is uncapped if the rep attends. OBA needs prior written NOTICE (Rule 3270); PST for compensation needs prior written NOTICE AND APPROVAL (Rule 3280). Form U4 amendments within 30 days of a reportable event; Form U5...