FINRA SERIES 26 EXAM QUESTIONS
AND ANSWERS 100% PASS
FINRA Rule 3010 - ANS Rule that states each member must:
I. Establish written supervisory procedures
II. A registered principal is responsible for reviewing procedures
III. Each rep is assigned to a principal in charge of supervising their activities, review of
communication, & correspondence bw reps & the public
FINRA Rule 8000 - ANS Investigations & Sanctions. Must keep and maintain a current copy of
the manual in a readily accessible place and provide it at a customer's request.
FINRA Rule 9000 - ANS Covers handling of securities violations and complaints. Think what
happens after an investigation (Rule 8000)
District Business Conduct Committee - ANS Has initial jurisdiction in handling of complaints.
Penalties the DBCC & Board of Governors can impose - ANS Censure, fine, suspend, expel,
bar
FINRA Rule IM-3110 - ANS Defines complaint, says each OSJ must maintain a record of
complaints and any action taken.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Complaint - ANS Any written statement of a customer or any person acting on behalf of the
customer alleging a grievance
Code of Procedure - ANS Deals with rules that cover actions by FINRA against member firms
and their associated people
Code of Arbitration - ANS requires disputes be submitted for arbitration. Includes member
and customer and/or associated person
Director of Mediation - ANS Person appointed by FINRA to administer proceedings
FINRA Rule 3020 - ANS Blanket fidelity bond. Minimum coverage amount is $25,000. Think
2=$25,000.
FINRA Rule 3030 - ANS Outside business activities. Must be written notification.
FINRA Rule 3040 - ANS Private securities transactions. Written notice must include:
1. proposed transaction
2. proposed role
3. compensation conditons
Selling away - ANS transaction affected outside the normal business of an associated person's
employment. Not recorded on books or records. Is a violation of conduct rules.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
AND ANSWERS 100% PASS
FINRA Rule 3010 - ANS Rule that states each member must:
I. Establish written supervisory procedures
II. A registered principal is responsible for reviewing procedures
III. Each rep is assigned to a principal in charge of supervising their activities, review of
communication, & correspondence bw reps & the public
FINRA Rule 8000 - ANS Investigations & Sanctions. Must keep and maintain a current copy of
the manual in a readily accessible place and provide it at a customer's request.
FINRA Rule 9000 - ANS Covers handling of securities violations and complaints. Think what
happens after an investigation (Rule 8000)
District Business Conduct Committee - ANS Has initial jurisdiction in handling of complaints.
Penalties the DBCC & Board of Governors can impose - ANS Censure, fine, suspend, expel,
bar
FINRA Rule IM-3110 - ANS Defines complaint, says each OSJ must maintain a record of
complaints and any action taken.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Complaint - ANS Any written statement of a customer or any person acting on behalf of the
customer alleging a grievance
Code of Procedure - ANS Deals with rules that cover actions by FINRA against member firms
and their associated people
Code of Arbitration - ANS requires disputes be submitted for arbitration. Includes member
and customer and/or associated person
Director of Mediation - ANS Person appointed by FINRA to administer proceedings
FINRA Rule 3020 - ANS Blanket fidelity bond. Minimum coverage amount is $25,000. Think
2=$25,000.
FINRA Rule 3030 - ANS Outside business activities. Must be written notification.
FINRA Rule 3040 - ANS Private securities transactions. Written notice must include:
1. proposed transaction
2. proposed role
3. compensation conditons
Selling away - ANS transaction affected outside the normal business of an associated person's
employment. Not recorded on books or records. Is a violation of conduct rules.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
