FINRA is radically restructuring its representative-level qualification exam program beginning October 1, 2018. Here’s what you can expect:   How is FINRA changing its qualifying exam program? Beginning October 1, 2018, all new representative-level applicants must take: General knowledge examination called the Securities Industry Essentials (SIE) Specialized knowledge examination (a revised representative-level qualification examination) for […]

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FINRA has delayed rollout of the new Securities Industry Essentials Examination (SIE) until October 1st, 2018. The new SIE will allow candidates to sit for a core qualification exam without sponsorship from a FINRA member firm.  (Presently, candidates must be sponsored by a FINRA member broker/dealer to sit for the Series 6 or Series 7.)  After […]

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Changes to MSRB Customer Complaint Rules Now in Effect As of September 1, amendments to MSRB Rules G-8, G-9, and G-10 addressing firms’ responsibility regarding written customer complaints, are in effect. The amendments: Extend these rules to both nonsolicitor and solicitor municipal advisors (no longer just MSRB-registered broker/dealers) Update and make these MSRB rules more […]

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