The Financial Industry Regulatory Authority (FINRA) is a body that provides tools, templates and other resources to small firms of not more than 150 representatives to protect investors. Learn more about this body below. All the best.
Issuer
O.C.C
14b-9
Mc-400
10b-18
Nyse rule 44
120 days
2 years
2 years + 90 day grace period
10 years
180 days
120 days
2 years
Every 2 years
2 years after registration, every 3 years after that
Every 3 years
3 years after registration, every 2 years after that
Wash sales
Trading ahead of client orders
Pegging
Capping
Keep the price of a stock from rising
Keep the price of a stock from falling
Keep the price from falling
Keep the price from rising
10 days
20 days
30 days
180 days
2 years
5 years
10 years
True
False
True
False
30 days after 1st and 2nd attempt 180days every time after
30 days between each test
30 days after 1st,2nd and 3rd attempt, 180 days each time after
Created by Finra, regulates bonds
Created by Finra, regulates secondary markets
Created by SEC, Regulates bonds
Created by SEC, Regulates secondary market
Up to $25mm - SEC
Up to $5m and 20 years in jail regulated by DOJ
Must give up profits and up to 3 times the profit SEC
Must give up profits and up to 3 times the profit DOJ
Give up profits and up to 3 times the amount- SEC
Give up profits and up to 3 times the amount - DOJ
Up to $5m and 20 years in jail regulated by DOJ
Up to $25 regulated by DOJ
Give up profits and up to 3 times the amount- SEC
Give up profits and up to 3 times the amount - DOJ
Up to $5m and 20 years in jail regulated by DOJ
Up to $25 regulated by DOJ
Section 3011
Section 10b-18
Section 10b-5
435(5)
BOD annually
BOD quarterly
CEO annually
CEO quarterly
Both Documents 2 years
Confirmation 3 years
Confirmation 2 years
Prospectus 3 years
Quarterly
Semi-annually
Annually
Structures Public Offers
Signs off on company literature
Structures private placements
All of the above
Officer
Owner of 10% or more
Principle
Shareholder
True
False
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